06-10-2016 20:28 via feedproxy.google.com

Snap is working on an IPO for March that would value the company at $25 billion

Snap Inc., the company formerly known as Snapchat, is working on an initial public offering for March that would value the company at $25 billion, according to The Wall Street Journal.
A source familiar with the matter confirmed the company's IPO ambitions, but told Business Insider that the situation is still "fluid" and that Snap hasn't hired bankers at this point. The March timeline is arbitrary, given uncertainties like the outcome of the presidential election and the state of the capital m
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