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Snapchat will be released on IPO. Messenger valued at $ 15 billion

Snapchat head Evan Spiegel confirmed the company's plans to go IPO, Kommersant reports. Snapchat is among the five most expensive high-tech start-ups in the world - it is estimated at 15 billion dollars. Every day, the messenger is used by 100 million people.

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The Snapchat service is a photo messenger with self-destructing messages in the form of text messages, photos and videos that are stored on the server for up to ten seconds.

Facebook planned twice to buy a startup: the first time - for $ 1 billion, and the second - for $ 3 billion in November 2013. For Facebook, this deal could be the largest in the history of the company: the former most expensive purchase, Instagram , cost $ 1 billion. Snapchat leadership was confident that the business will cost more.
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In February 2015, the startup was valued at $ 10 billion, and after the start of negotiations on the next round of financing for $ 500 million and investment from Alibaba in the amount of $ 200 million, the service was estimated at $ 15 billion. At the moment, it is located in fourth place in the ranking of the most expensive high-tech start-ups in the world.

Source: https://habr.com/ru/post/291008/


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