Snapchat preparing to float in New York

Snapchat: the biggest social media IPO since Twitter three years ago?
Snapchat graph

Snap, the parent company of Snapchat, is considering a stock market flotation. The company’s planned float is being touted as the biggest social media IPO since Twitter in 2013.

“In the last three months, a number of companies have started saying that it’s not all bad to be public. If you’re a mature company with more than $50 million in revenue, an IPO is very much on your mind now.”

Matt Murphy, a ...