Article 2DX4Q Snapchat IPO: Evan Spiegel tries to sell investors on his top product – himself

Snapchat IPO: Evan Spiegel tries to sell investors on his top product – himself

by
Dominic Rushe in New York
from Technology | The Guardian on (#2DX4Q)

As the messaging app company prepares for its initial public offering, its 26-year-old co-founder looks to build on talent, chutzpah and hard-heartedness

Evan Spiegel, Snap Inc's 26-year-old co-founder, has a reputation for playing nasty - but these days he is playing nice. If it works out, he's going to be a very rich man. Next month Snap, owner of the Snapchat app, will go public on the New York stock exchange, cementing Spiegel and co-founder Bobby Murphy's place in the ranks of tech billionaires.

Snapchat has the same backstory as many of tech's biggest names: started in a dorm room in Stanford, phenomenal growth, twentysomething college dropout founders, blah, blah, blah. It might sound like the same old, same old. But this share sale is different and could mark a turning point for tech sales of the future.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments