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October 2016

Snapchat Seeks to Raise as Much as $4 Billion in IPO

Snap aims to generate more than $350 million in advertising revenue this year, up from $59 million in 2015, people with knowledge of the matter have said. The IPO could value Snapchat at about $25 billion to $35 billion, the people said, asking not to be identified as the details aren't public. The valuation could reach as much…
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