Snapchat’s parent company, Snap Inc., is preparing for an initial public offering that is expected to value the company at $25 billion or more, according to a Wall Street Journal report. The newspaper says the company is already filling out the paperwork. But there’s there is no guarantee that a share sale will happen on the timeframe, or that the valuation will remain the same by that date.
Source: Gizmodo – Snapchat Is Preparing to IPO at a Billion Valuation: Report