How high could Snapchat’s IPO go?

By October 27, 2016Uncategorized
This post was originally published on this site

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…