BLOOMBERG Best Of Bloomberg Technology February 5, 2017
Sharing how americas biggest money manufacturer returned. First to our lead. This week, longawaited ipo. 3 million dollars. 4 billion in the ipo. Worth 25 billion for those familiar. Snapchat is the First Social Media Company to go public since three years ago. Is company ipo prospectus giving a first look. Ipoaught up with the reporter. And the managing director. Was looking at a revenue of 464 million last year and a net loss. You can see theyre just how much cash the company is burning through. I bring that up because we have seen the revenue numbers but we did not have it a sense for how m...