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Snapchat could go public as early as this year

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Snapchat could look to go public this year, according to a new report from The Information.

While it has approached some banks, it hasn’t settled on a firm yet, the report says.

This isn’t too surprising: Snapchat CEO Evan Spiegel has been clear about the company’s IPO ambitions in the past, though he has been tight-lipped about a time frame. In an appearance at the Recode conference in May 2015,Spiegel said “we need to IPO” and that the company has a plan to do so. – READ MORE

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