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Snap Inc., the parent company of Snapchat, is looking to raise as much as $4 billion when it files for an initial public offering, Bloomberg reported today.
The move could value the Venice, California startup at $25 billion to $35 million — or even as much as $40 billion — sources told the publication.
Of course, all of this could change before the IPO, which could happen as early as March 2017.
A $4 billion IPO would position Snap far behind Facebook’s $16 billion raise in 2012 but ahead…