The web sprang into life last week with the news that Google tried to buy social firm Snap for a whopping $30 billion last night, ahead of Snap’s most recent funding round.…
The Worst Five Tech IPOs of All Time
IPOs are risky business–just ask Snap CEO Evan Spiegel, whose first financial report post-IPO left much to be desired. But while the Los Angeles-based social media firm will have had few traders…
Snap Posts Less-than-Thrilling Post-IPO Financials
Snapchat parent company Snap has released its first earnings report post-IPO, and they’re not great. Revenue for the first quarter of 2017 was $149.6 million. That compares to a loss of $2.2bn,…