Snapchat Ipo

It’s Time To Start Considering Whether To Buy Snapchat At The Ipo

... is around $25 billion. Unfortunately, I expect that the hype around the IPO could take the first day’s valuation to $50 billion or $60 billion. That said, I sure like Snapchat as a pure play on what I call the App Revolution. Snapchat, Facebook’s FB, +0.11%  Instagram and, to a smaller extent, Twitter TWTR, -0.96% have displaced Facebook itself for most people under age 30. Snapchat is king for kids under age 20. More important to investors, though, the way you use Snapchat and the way you consume content on Snapchat is making it a platform for video that has immense potential to disrupt cable TV, Google’s GOOG, +0.37%  You Tube and perhaps even Netflix NFLX, +0.75%  in the years ahead. Why. Snapchat has become its own de facto platform for advertisers and media companies because the ...

Snapchat Files For An Ipo

... Some have called the firm the “anti-Facebook” in that all of its messages and posts are temporary and are eventually washed away. “In the way that the flashing cursor became the starting point for most products on desktop computers, we believe that the camera screen will be the starting point for most products on smartphones,” the company wrote in the filing. “This means that we are willing to take risks in an attempt to create innovative and different camera products that are better able to reflect and improve our life experiences.”. Snapchat will likely be the biggest IPO the tech sector has seen since Alibaba put in an IPO about two years ago. That was a much larger offering — $22 billion — with Facebook coming in second at $16 billion. The filing also indicates that Snapchat has 158 million daily users and earned $404.5 million in sales in 2016, way up from $58.7 in 2015. However, The Wall Street Journal noted that in order for the company to sustain its ...

The 6 Biggest Things To Look For In Snap's Ipo Filing This Week

... will be offered shares with zero voting rights. User numbers: The last time Snapchat's user numbers leaked was in June 2016, when Bloomberg reported that the app had 150 million daily users. But Facebook-owned Instagram has amassed the same number of daily users in just five months since it launched a rival Snapchat-like app. Bloomberg reports that Snap has been touting its high user engagement (like time spent) in private pitches to analysts and bankers, and the S 1 should signal how much the company plans to tout high engagement vs. user base growth going forward. Life after Millennials: Snapchat is all the rage among young millennial users, but the app is comically frustrating to use for people over 40. If Snap wants to convince Wall Street that it has a bright future beyond the millennial niche, it will need to give a sense of how big its total addressable market can be. ...

Snap Files For Its Ipo, Revealing Surging Sales Growth And Huge Losses

... the focus of the message that management conveys to investors in those meetings, people familiar with Snap's roadshow planning have said. He will be framed as a visionary, similar to how Facebook CEO Mark Zuckerberg was depicted before that company's flotation. Spiegel owns 21.8% of the company's class A shares, the filing shows, making him the largest shareholder along with cofounder Robert Murphy who owns the same number of shares. They also own class B and class C shares. That Snap would go public has been a foregone conclusion on Wall Street and in Silicon Valley for months. The company last year added a seasoned IPO specialist to its board and then changed its name from Snapchat to Snap in a move that it said was meant to speak to public investors. "You can search Snapchat or Spectacles for the fun stuff and leave Snap Inc. for the Wall Street crowd :)" the company said in a blog post in September. Snap's business is quickly evolving from the chat app that gave it its name. It has increased advertising and added news, and last year it began selling its ...

Snapchat Is Likely The Most Expensive Tech Ipo Ever

... stock. Since Snapchat lost roughly $515 million in 2016 and has yet to turn a profit, the more conventional stock valuation metric, the price-to-earnings ratio, won't hold up. So we'll be measuring how much the companies thought investors would be willing to pay for each dollar of revenue, or the price-to-sales ratio. For Snap, it's a lot. Fortune took a look at some other notable IPOs of tech companies and couldn't find a single one that offered shares at a higher valuation than Snap. The closest: Twitter (twtr). When Twitter went public in 2013, the social media company sought a $14.2 billion valuation. At the time, its sales in the year preceding the offering came in at $316.9 million, meaning that its owners were looking for a valuation of nearly 45 times sales. But even that is about 40% lower than where Snap looks to be pricing its shares. At the rumored $25 ...

Snapchat Ipo Illustrates Why Twitter Inc Nyse:twtr Stock Is So Valuable

... some tech companies are. One in particular is Twitter Inc (NYSE: TWTR). Fact is there is no way in hell that Snapchat should support a $25 billion valuation. Yes, its revenue grew 7-fold in 2016 to $404.5 million, but still, 60 times trailing 12-month sales would represent multiples that we have not seen in 15 years. The only stock to have gotten close in recent memory is Workday Inc (NYSE: WDAY) at a peak of 40 x sales in 2014. Ever since WDAY stock has essentially been dead money, despite trailing 12-month revenue growth of nearly 200% over the same span. In retrospect, Workday’s fundamentals had to catch up with WDAY stock, and that takes a long time when you reach such an absurd multiple. Thus, one could make a strong argument that even if Snapchat can maintain robust growth over the next five years, its stock would still be dead money because of its valuation. The problem is that Snapchat is far more likely to follow the likes of TWTR stock rather than Facebook stock. Snapchat said in its ...

Snapchat Ipo Shows Wisdom Beyond Its Years

... years. And then there's Snapchat parent company Snap Inc., the Bizarro World  tech startup when it comes to IPO timing. If Snapchat goes public in the next couple of months as expected, it will be about six years from its founding. Technology companies are waiting longer to go public than their predecessors did during the dot-com bubble. Source: Jay Ritter at the University of Florida. It's a Silicon Valley mystery why Snapchat is bucking the trend and going public before it has to. In addition to the peer pressure of IPO avoidance, going public also seems out of character for a company that revels in secrecy. If Snapchat needs more money to expand, it could no doubt continue to sell stock privately more easily than it can through an IPO. Whatever the motivation for CEO Evan Spiegel and his team, Snapchat's choice to take a different approach than the typical IPO-avoiding startup could prove to be a genius decision. First, as a high-profile internet company hitting a ...

Snapchat Owner Files For Ipo, Seeks $3 Billion

... stories from Power Post. Sign up to follow, and we’ll e-mail you free updates as they’re published. You’ll receive free e-mail news updates each time a new story is published. You’re all set. Got it. A man walks in front of the Moscow International Business Center, called Moscow City, an ambitious project in the center of the Russian capital, which is visited by an estimate 200,000 people daily for working and living. (Sergei Ilnitsky/European Pressphoto Agency). February 2. WALL STREET. Snapchat owner files for IPO, seeks $3 billion. Snap, owner of the popular disappearing-messages service Snapchat, seeks to raise up to $3 billion in an initial public offering. That number may change based on investor demand. The highly anticipated IPO is expected to be one of the largest since Alibaba Group went public in 2014. But Snap is better known than the e-commerce company, drawing comparisons instead to the IPOs of Facebook and Twitter. According to IPO documents filed Thursday, Snap has lost nearly $1 billion in the past two years. Los Angeles-based Snap had revenue of $404.5 million in 2016, up from $58.7 million in 2015. Its net loss was $514.6 million last year, and ...

5 Things We Learned About Snapchat From Its Ipo

... Play video. Facebook rakes in the money. 1:31 February 2, 2017. In its latest financials, Facebook revealed it took in $8.81 billion and made a profit of $3.5 billion for the fourth quarter. Play video. Bat Bot flying robot takes to the air. 1:19 February 1, 2017. Researchers from the University of Illinois at Urbana-Champaign and Caltech have developed a new flying robot that mimics. Play video. Court rules against Oculus, awards $500 million to Zeni Max. 1:20 February 1, 2017. A jury agreed with Zeni Max that Oculus VR used Zeni Max-owned technology for the Rift headset. The ruling could end up costing. Play video. Gaming forum hacks include details of over 4 million accounts. 1:09 February 1, 2017. PSP ISO, Xbox 360 ISO and CD Projekt Red forum hacks from 2015 and 2016 revealed information like gamer usernames and passwords. Play video. Sorry, no Galaxy S 8 yet from Samsung - but look at this shiny. 1:24 February 1, 2017. For the largest mobile trade show, Samsung isn't ready to reveal it's next big phone. It seems a new tablet is the best the. Play video. Microsoft joins suit to stop immigration ban, other ...