There isn't an exact date, but a Snapchat IPO is imminent.
A recent report stated that Snapchat could bring in as much as $350 million in revenue for 2016, which is an estimated 600% more than the company made in 2015.
There isn't an exact date, but a Snapchat IPO is imminent.
A recent report stated that Snapchat could bring in as much as $350 million in revenue for 2016, which is an estimated 600% more than the company made in 2015.
No Snapchat IPO date has been set yet, but yesterday (Tuesday) the company's 24-year-old CEO Evan Spiegel announced that he plans to take Snapchat public.
Speaking at the Code Conference in Los Angeles, Spiegel said he will reject any acquisition offers for Snapchat. He didn't offer many specifics for the Snapchat IPO, but said the firm "had a plan" for going public.