After a quite nice stock market euphoria in February almost reaching 2400 in S&P Snapchat successfully caught its ride, while placing its stock at US$17 per share and soaring ca. 40% on the first trading day. Yesterday, Snapchat released its first earning report and in the aftermarket…
valuation
Snapchat IPO valuation: is it worth US$20bn?
Snapchat's IPO has been on the news block for some time. It is indeed one phenomenon of needs of Millenial's generation. Getting from 0 to 150m DAU in under 5 years is indeed very swiftly. Yet as even as public markets are at its all-time peak, let's look at fundamentals.…