5min chapter

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Episode 32: The Snap Inc. IPO

Acquired

CHAPTER

Snap's IPO Price Is $24 Billion Market Cap

Despite the fact that the IPO price was $17, started trading immediately at $24. Snap left a good amount of money on the table by not initially setting it in that $23, $24 range. Even though we're lauding the S1, a lot of it is pretty dry stuff. But this all really accrues as value to Snap because in getting this positive momentum, it's great for hiring and customers.

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