Snap Inc., the parent company of Snapchat, is reportedly getting ready for an IPO that will value the company at $25 billion or more. That value, though not guaranteed to be the final amount, would place Snapchat above many other tech IPOs. Twitter’s IPO in 2013 occurred with a $14.2 billion valuation, for example.
If Snapchat comes in with a valuation in that range, it’ll indicate the company has quite a high potential for growth, both in users and revenue.
According to the Wall Street Journal, Snap Inc. has already begun filing paperwork for the IPO.
