How Snap Stacks Up Against the IPOs of Facebook and Twitter
Next month, Snap will go public on the New York Stock Exchange in what could be tech’s biggest IPO since Facebook in 2012.
The folks over at influencer marketing agency Mediakix gathered data on Snap, Facebook, and Twitter—currently the most recent major tech IPO—and compiled it neatly into an infographic, which we share below.
In a nutshell: Snap has a lot of highly engaged users but it’s not making much money, so it is difficult to determine whether company’s projected valuation (in excess of $20 billion) is justified. This will be an interesting stock to watch.
