With its novel SnapChat app, Snap IPO achieves $30 billion stock market valuation!

Olivia London

2017-03-03 05:39:00 Fri ET

As the biggest IPO since Alibaba in recent years, Snap Inc with its novel instant-messaging app SnapChat achieves $30 billion stock market capitalization.

Having raised more than $3 billion from its IPO, Snap easily beats the bid price that Facebook offered back in 2013.

In this modern era of digital technology, many financial economists and market observers suggest that unicorns, or tech startups with $1 billion net worth, often seek to be packaged as profitable M&A targets for large public corporations.

Snap demystifies this unicorn puzzle by going public with its stellar stock market performance and millennial popularity.


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A Florida fintech group Fidelity Information Services initiates the largest acquisition of the e-commerce payments processor Worldpay.

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2019-04-03 11:35:00 Wednesday ET

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Goop Founder and CEO Gwyneth Paltrow serves as a great inspiration for female entrepreneurs.

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A physicist derives a mathematical formula for success.

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A physicist derives a mathematical formula for success.

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Chicago financial economist Raghuram Rajan views communities as the third pillar of liberal democracy.

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Chicago financial economist Raghuram Rajan views communities as the third pillar of liberal democracy.

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Most major economies grow with great synchronicity several years after the global financial crisis.

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Most major economies grow with great synchronicity several years after the global financial crisis.

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Our proprietary alpha investment model outperforms most stock market indices from 2017 to 2020.

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2020-02-02 10:31:00 Sunday ET

Our proprietary alpha investment model outperforms most stock market indices from 2017 to 2020.

Our proprietary alpha investment model outperforms the major stock market benchmarks such as S&P 500, MSCI, Dow Jones, and Nasdaq. We implement

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