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Snapchat's IPO

Eco

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Rumors are coming out about the value of Snapchat's initial IPO, as well as the time in which it is supposed to become available to the public.

When Facebook went public in 2012, it had $ 5.1b in Revenue.

Snapchat is expected to generate $940m in ad revenue.

Does this surprise anyone about how well Snapchat is doing? I know they tried to do the money transfer via Snapchat but I haven't heard from it since, which means to me that it never stuck.

Reports are saying this could be the largest IPO of the year....
 
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