Snap (SNAP)

Provides a mobile app, Snapchat, for ephemeral messaging and photo sharing.

Technology - Internet Software & Services

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IPO Data
IPO File Date 02/02/2017
Offer Price
Price Range $14.00 - $16.00
Offer Shares (mm) 200.0
Deal Size ($mm) $3,000
 
IPO Data
IPO Date
Offer Price
Price Range $14.00 - $16.00
Offer Shares (mm) 200.0
Deal Size ($mm) $$3,000
 
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Business Overview
Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way that people live and communicate. Our products empower people to express themselves, live in the moment, learn about the world, and have fun together. In the way that the flashing cursor became the starting point for most products on desktop computers, we believe that the camera screen will be the starting point for most products on smartphones. This is because images created by smartphone cameras contain more context and richer information than other forms of input like text entered on a keyboard. This means that we are willing to take risks in an attempt to create innovative and different camera products that are better able to reflect and improve our life experiences. Our flagship product, Snapchat, is a camera application that was created to help people communicate through short videos and images. We call each of those short videos or images a Snap. On average, 158 million people use Snapchat daily, and over 2.5 billion Snaps are created every day.
Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way that people live and communicate. Our products empower people to express themselves, live in the moment, learn about the world, and have fun together. In the...
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Company Data
Headquarters Venice, CA
Founded 2011
Employees 1,859
Website www.snapchat.com
 

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