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Here’s how Snap’s IPO measures up against some of the great tech stock debuts

There’s a new ticker symbol in town. When the bell rings at the New York Stock Exchange this morning, Snapchat’s parent company, Snap Inc., will start trading at $17 a share. At an estimated valuation of $24 billion, the millennial-focused messaging app ranks among some of the all-time great tech IPOs in recent history—dwarfed only … Continue reading “Here’s how Snap’s IPO measures up against some of the great tech stock debuts”

There’s a new ticker symbol in town. When the bell rings at the New York Stock Exchange this morning, Snapchat’s parent company, Snap Inc., will start trading at $17 a share. At an estimated valuation of $24 billion, the millennial-focused messaging app ranks among some of the all-time great tech IPOs in recent history—dwarfed only by Facebook in 2012 and Alibaba in 2014.

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About the author

Christopher Zara is a senior staff news editor for Fast Company and obsessed with media, technology, business, culture, and theater. Before coming to FastCo News, he was a deputy editor at International Business Times, a theater critic for Newsweek, and managing editor of Show Business magazine

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