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‘Parent company Snapchat is going next week to the fair’

‘Parent company Snapchat is going next week to the fair’

Photo: Bloomberg

The parent company of Snapchat, Snap Inc, at the end of next week the fair. The company would then be in sometime in march the first shares offer to investors.

Report that sources familiar with the situation to Recode.

Reportedly wants to Snap Inc with a rating of 20 to 25 billion dollars (19 to 23 billion euro) to the stock exchange. According to sources of the Wall Street Journal, the company wants with the aandelenstructuur immediately make clear that the founders of Snap prolonged exposure to the power and want to remain.

If the interest in the shares of Snap Inc is high enough, then the value would be even can continue to rise.

The main product of the company is Snapchat. That message is under another tremendously popular among the young. Co-founder and CEO Evan Spiegel previously made known that half of the users above 25 years old.

The success of Snapchat has not gone unnoticed by large competitors such as Facebook and Instagram. Instagram has some great features, such as Stories, taken from the message service. Facebook’s also working on a Stories feature.

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