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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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38Snap has sold more Spectacles than Apple sold iPods in their first year, says CEGlenn Petersen1October 4
37on 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
20I'm surprised so many social media jumped on this "story" hype traIntelim-April 20
19The tech world just witnessed a robbery. The heist was so brazen you kind of hadGlenn Petersen-April 19
18Oh Snap Mark Zuckerberg Is Officially Crushing Snapchat And Snap’s stock is slGlenn Petersen-April 15
17Instagram Stories now used by 200 million people daily, gets new creative tools Glenn Petersen-April 13
16Especially interesting in the light of Facebook rolling out Snapchat of their owIntelim-April 12
15How Stories Search makes Snapchat a real-time YouTube by Josh Constine ( @joGlenn Petersen-April 1
14Facebook is taking on Snapchat. This is gonna get ugly.Intelim-March 30
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