Snapchat boss confirms IPO plan
by Alex Hern from Technology | The Guardian on (#9VD6)
Evan Spiegel to take $15bn video-messaging company public, rather than sell to a social-network rival
Snapchat's chief executive has confirmed that he plans to take the company public rather than sell it to a larger firm.
"We need to IPO," Evan Spiegel, 24, told the Code conference in California. "We have a plan to do that."
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