Is Snapchat worth $29bn?



2017-03-02T23:18:02.164Z
2017-03-02T23:18:02.164Z

Snap Inc IPO NYSE. Anthony Quintano

If someone is willing to pay for it, then logic demands that's what it's worth. That was the value shortly after parent company Snap, Inc launched its initial public offering (IPO) on the New York Stock Exchange on 2 March 2017. But as anyone who had looked at share price movements knows, prices can go down as well as up. So there's no guarantee Snap, Inc will be worth that sum for long.

What is the 1922 Committee and why is it called that?

What is the Conservative party's 1922 committee, and how did it get its name?

What are rules for Tory leadership contests?

How does the Conservative party leadership election work, and what is the role of the 1922 committee?

What is a vassal state?

Boris Johnson and Jacob Rees-Mogg warn that the UK would become a 'vassal state' under the Brexit deal supported by Theresa May.

What did John McEnroe say about Serena Williams?

What did former tennis player John McEnroe say about Serena Williams?

Why is Salvador Dali being exhumed?

Why are they digging up artist Salvador Dali's body?

What happened with the BBC News at Ten going off air?

What made the BBC News at Ten crash?

Why is Ed Miliband doing a radio show?

Why is the former Labour leader sitting in for Jeremy Vine?

Why is Daniel Day-Lewis retiring?

Why is three-times Oscar winner actor Daniel Day-Lewis retiring?