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Snap, Inc.
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Snap Inc. is an American multinational technology and social media company, founded on September 16, 2011 by Evan Spiegel and Bobby Murphy and based in Venice, Los Angeles. Its products include Snapchat and Spectacles, as well as the Bitmoji app. The company was originally named Snapchat Inc. upon its inception, but it was rebranded on September 24, 2016 as Snap Inc. in order to include the Spectacles product under a single company.

Snap Inc. shares opened up 41% this morning, as the Snapchat parent company made its highly anticipated debut on the New York Stock Exchange.

Shares of Snap (SNAP) opened at $24, above the company’s $17 issue price. Snap sold 200 million shares to raise $3.4 billion, making it the largest U.S. IPO since Alibaba Group Holding Ltd.’s (BABA) offering in 2014. The IPO price commanded an initial market capitalization of $19.7 billion, though that valuation rises to roughly $24 billion on a fully diluted basis. Both figures are above Snap’s last reported private market valuation of $17.8 billion.

Snap said it generated $404 million in sales in 2016. A valuation of $24 billion is about 60 times revenue.
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45Snap, Inc disappoints in latest earnings reportdrmicrocap-December 5
44Barron's Snap Execs Sell $38M in Stock Below IPO Price Four sellers establSr K-November 19
43Snap stock whipsawed after China's Tencent takes a stake in Snapchat's pGlenn Petersen-November 8
42Snap stock is down big after reporting less revenue — and fewer users — than WalGlenn Petersen-November 7
41Snap reportedly stuck with ‘hundreds of thousands' of unsold Spectacles AppGlenn Petersen-October 23
40There is perhaps no better example of this dynamic than what has happened to SnaGlenn Petersen-October 22
39On watch for breakout at 16.86. [graphic]hollyhunter-October 12
38Snap has sold more Spectacles than Apple sold iPods in their first year, says CEGlenn Petersen1October 4
37on WSJ.com Google is developing technology to let publishers create visual-orieSr K-August 4
36Insiders say Google was interested in buying Snap for at least $30 billion last Glenn Petersen-August 3
35Message 31011253da_cheif™-August 1
34Snap had acquisition talks with AdRoll and is actively shopping for ad tech starGlenn Petersen1July 15
33Snap closes below $17 IPO price amid fears insiders will dump shares The IPO waGlenn Petersen-July 10
32on the Russell rebalance following the close June 23: Tech to see bump in growSr K-June 17
31Snap Is Year's Most-Shorted Tech IPO Before Lockup Ends by Alex Barinka anGlenn Petersen1June 9
30Why Snapchat Marketing Stinks Big TimeIntelim-May 30
29With Snapchat’s new 5-minute shows, it’s starting to look a lot like a TV networIntelim-May 27
28This was a matter of time. Snap can might become Twitter than Twitter itself didIntelim-May 13
27Snap shares are getting hammered in AH trading. Snap stock is tanking after itsGlenn Petersen-May 10
26An earnings preview: Snap's first earnings to shed light on battle with FacGlenn Petersen-May 10
25Snapchat users stay loyal, but Instagram could block its growth by Josh ConstGlenn Petersen-May 9
24Snapchat is stifled by its un-algorithmic feed by Josh Constine ( @joshconstGlenn Petersen-May 1
23The world's biggest ad company plans to spend $200 million on Snapchat this Glenn Petersen-April 29
22A fascinating read, thank you for sharing.Intelim-April 24
21 Consider Facebook's response to Snapchat, the upstart long range interpersoPuru rama-April 21
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