2min chapter

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Episode 32: The Snap Inc. IPO

Acquired

CHAPTER

What a Crapshoot Seed Stage Investing Is

Snapchat's IPO is a reminder of what a crapshoot seed stage investing is, says John Sutter. One lesson from the Snapchat story this far is exactly that: "They don't do things the way everyone else does things" The company has raised more than $1 billion in its first day on the stock market.

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