Snapchat heads for IPO that could value 'mega unicorn' at $25bn
by Rupert Neate in New York from Technology | The Guardian on (#1Y0QF)
The flotation of the five-year-old app, now used by more than 40% of young Americans, will be the largest social media IPO since Twitter in 2013
Snapchat is preparing for a "mega unicorn" flotation on the stock market that could value the five-year-old mobile app known for its disappearing photos at as much as $25bn.
Related: Meet Snapchat's 'dudeocracy' of talent
Continue reading...