Sources tell Reuters the Snapchat IPO is oversubscribed. Demand for the latest in social media offerings is running high, despite the issued shares having zero voting rights.
Snapchat has done an infinitely better job than Twitter of building a platform that advertisers can use. This may be why there is so much excitement that the video sharing company finally coming public.
You buying SNAP next week when it goes live?
UPDATE: Mark Cuban tells Benzinga he will buy Snapchat at the IPO, if he can. And by if he can, I suppose he means if he can at prices the general population is likely to never see on the first day of IPO. More equal than others, etc, etc.
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company is complete dog shit. Instagram stole all their filters and facebook is dominating them with their messaging platform. Their advertisers don’t know whit about their users outside of their follows. It’s a short after all their retail boners are exhausted.
This is something so very cool, whose day has come. Have you been hearing about the American corporation Punch TV Studios’ Direct Public IPO offerring. You really need to check into it on http://punchtvstudios.com This wonderful corporation may very well change they way stocks may be sold to investors in the near future. I think Punch TV is leading the way and you probaly should learn more about it for yourself.