report have emerged that Snap , Inc. , the parent caller of Snapchat , has begun the process for an initial public offering that could pass as early as March . According to the Wall Street Journal , the IPO could value the company at between $ 20 billion and $ 25 billion , which intend CEO Evan Spiegel is about to have avery , very dainty wedding party .
BothReutersand theWall Street Journalspoke with nameless source who confirm the news today . The secret filing reportedly come about before the presidential election last week , and the Journal notes that “ the surprise victory of Donald Trump has n’t affect its plans to go public as early as March . ”
report initiallypopped up in Octoberthat the company was planning to go public . At the prison term , its potential valuation was describe as $ 25 billion or more . For circumstance , Facebook ’s IPO measure the company at$104 billion , and Twitter ’s IPO value it at$14.2 billion .
In an e-mail to Gizmodo , the ship’s company declined to substantiate or comment on the reports , but it ’s good to say that some Snapchat employees are probably be after some very expensive vacations right about now .
[ Reuters , Wall Street Journal ]
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