Sources are reporting that Snap Inc. — Snapchat’s parent company — has set a valuation for itself between $19.5 billion and $22.2 billion, as the message app company gets closer to its IPO. But some investors are wondering if the company is worth the valuation it’s seeking. According...
J.Jill, the women’s apparel retailer, announced Friday (Feb. 10) it has filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO of its common stock. J.Jill said in a press release the registration statement filed Friday represents its initial public filing pursuant to...
Sometimes, it pays to be the other guy. In what Bloomberg noted as a case of mistaken identity, in the wake of an IPO filing by Snap Inc., valued at $3 billion, shares in namesake SNAP Interactive soared 164 percent to a market cap of...
It looks like that Snapchat IPO is happening sooner rather than later. Snap Inc., the five-year-old parent company of the teen-beloved social media service, has finally made it official and filed. What do we know so far? In the filing, Snap Inc. said it valued...
Food tech startups haven’t had the easiest time staying afloat the past few years. The space has been a bit crowded and has had its fair share of issues. However, there are notable exceptions. One such exception is online grocery store GrubMarket. Founded in 2014,...
Payment company Stripe may now command a valuation of $9 billion, drawing a lot of interest from investors, but that doesn’t mean an initial public offering will happen anytime soon. According to a report by Business Insider, Stripe Chief Financial Officer Will Gaybrick said, while investor interest...
Quickly — like a Snap — before investors miss it: Snapchat is filing for an initial public offering. Rumors are murmuring that the Snapchat IPO may hit the stock market as one of the biggest since 2014. According to Reuters, Snapchat has plans to go public...
Snapchat is reportedly aiming to raise as much as $4 billion in an initial public offering. According to Bloomberg, which cited people familiar with the matter, the IPO may give Snapchat a valuation of $25 billion–$35 billion. A final decision in terms of the size...
Ant Financial — the Alibaba affiliate firm that runs the Alipay platform — is “closer to an initial public offering” but as of yet has not set a timetable for the event. A person close to the situation had previously estimated 2017 as the date the trigger would...
