February 16th news earlier this month emerging social applications Snapchat formally submitted IPO application, the company will be listed. Now, sources said, Snap IPO valuation at $19 billion 500 million to $22 billion 200 million, IPO price guidance range of $14-16 per share, which is expected to have a certain gap between the valuation of 40 billion.
Snap business from the burn after reading photo sharing application Snapchat started, and later to the advertising business, and provide information to the user. It is worth mentioning that the company founder Evan · Spiegel was born in 1990, is a standard 90.
Snap that the outside world will be the next Facebook.