Why Snap would lowball its IPO valuation

 The short answer for why Snap lowballed its initial valuation for its initial public offering is that…

Snap will spend $1 billion on Amazon cloud services, amended filing shows

 In addition to the $2 billion Snap committed to spending on Google cloud infrastructure over the…

Snap stumbles towards a volatile IPO

 Snap has declared itself a camera company, envisioning itself as more than just an app. Yet…

CEO Evan Spiegel’s Snap ownership is worth about $3.5 billion

 Snapchat parent Snap Inc. has finally revealed its long-awaited IPO filing. The social messaging company, which…

Snap commits $2 billion over 5 years for Google Cloud infrastructure

 Most of today’s Snap coverage will be  about its revenue and daily average usage numbers, but there…

Snap paid $114.5M to acquire Vurb and gives acquisition details for Bitstrips and Looksery

 Now that Snap is revealing its financial guts to the world in its filing for its…

Snapchat growth slowed 82% after Instagram Stories launched

 Snapchat was flying high in early 2016, but the launch of direct competitor Instagram Stories coincided…

Snapchat paid Reggie Brown $157.5M to settle his ‘ousted founder’ lawsuit

 Ousted Snapchat early employee Reggie Brown was paid $157.5 million in a settlement in September 2014…