to "burn after reading" function in many social networking applications in the way of the Snapchat parent company Snap, in IPO on the way firmly forward, Snap has chosen Morgan Stanley and Goldman Sachs investment banks led the listed projects, preliminary listing date in March next year, look up and half the time, but for Snap, up to $25 billion valuation, and the current IPO market deserted, Snap companies and investment banks also can operate to wildly beating gongs and drums. So, why Snap companies in the capital market is relatively cold when the sprint listing,
Snapchat’s CEO Evan Spiegel was born in 1990, and Spiegel dropped out of Stanford University before graduation in 2012, focusing on Snapchat product development and company management. In a short span of 5 years, Snapchat has become one of the United States from the unknown to the public most teenagers using social networking applications, currently has 150 million active users, a $2 billion 400 million capital injection in May 2016 the completion of the financing, the valuation of up to 17>
Snap of listed companies will make a lot of people to become a billionaire, but I believe this is not the vision of Evan Spiegel for the reasons listed, the international financial market turmoil has many times since 2015, although the U.S. stock market hit record highs but from IPO’s enthusiasm for technology companies in the fall, the downturn in market conditions, technology companies facing discount the valuation, investors and company executives are not willing to start IPO, Snap had an active user growth and revenue, why choose now listed, is the message spread after you most want to know.
Snap IPO is probably the most popular since 2014 science and technology company IPO, in addition to Morgan Stanley and Goldman Sachs, and Deutsche Bank, Barclays Bank, Credit Suisse and JP Morgan also involved, it can be said that Wall Street investment banks are keen on important in Snap’s IPO money, because they want the Snapchat Facebook most want to get rid of the opponent, a few years after the listing of Facebook can reproduce the brilliant.
is listed on a $25 billion valuation, and Snap will be the largest IPO on the US stock exchange since 2014.
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Snap has chosen Morgan Stanley and Goldman Sachs investment banks led the listed projects, preliminary listing date in March next year, the Snap company up to $25 billion valuation, and the current IPO market deserted, Snap why when the capital market is relatively deserted listed sprint