BLOOMBERG Best Of Bloomberg Technology February 18, 2017
First to our lead. Potential investors are scrutinizing snap financials. According to the filing, the maker of snapchat is offering 200 million shares. That is for 14 to 16 each. At the top end of the range, snap would have a market value of 18. 5 billion. That means the snap cofounders could each take him a check for as much as 256 million. We spoke with David Kirkpatrick and editor at large cory johnson for more. Cory what becomes of this, i dont know. It is a high valuation. On the positive side, they have big Growth Numbers on a yearoveryear basis. We all know these story of who they are r...