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Muddy Waters' Carson Block Isn't Short On Snap, 'But Might Be' In The Future
Thursday, May 25, 2017 - 11:31am | 413Read More...Muddy Waters' Carson Block is one of the most notable short-seller investors and one of the stocks on his watchlist as a potential target is Snap Inc (NYSE: SNAP). Speaking as a guest on Wednesday's "Bloomberg Markets" segment, Block acknowledged he isn't currently short Snap "but might be" in the...
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3 Ways Snapchat Is Responding To Slow User Growth
Thursday, May 25, 2017 - 10:19am | 918Read More...After several months of poor daily-active-user figures by Snap Inc (NYSE: SNAP), Evan Spiegel, Snapchat CEO and co-founder, is determined to drive user-engagement. The DAU decline occurred right after Facebook Inc (NASDAQ: FB)'s Instagram Stories launched, and Spiegel has taken notice. Specifically...
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Jim Cramer Rips Into Evan Spiegel: 'He Needs To Be Hazed'
Thursday, May 11, 2017 - 10:35am | 526Read More...Evan Spiegel, co-founder and CEO of Snap Inc (NYSE: SNAP) is earning himself a reputation as being "arrogant." During Snap's post-earnings conference call with analysts, BTIG's Richard Greenfield asked Spiegel a direct but valid question: "Does Facebook Inc (NASDAQ: FB) scare...
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Why Co-Founder Evan Spiegel Didn't Sell Snap
Tuesday, April 4, 2017 - 9:26am | 480Read More...Shares of Snap Inc (NYSE: SNAP) have surged 31 percent from its IPO price of $17 on March 2. The stock now appears “fairly valued,” BTIG’s Richard Greenfield said in a report. The analyst will hold off issuing a higher rating unless co-founder and CEO Evan Spiegel can “...
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Evan Spiegel: The 26-Year-Old Billionaire At The Helm Of Snap
Thursday, March 2, 2017 - 5:03pm | 469Read More...By Doug Sears. Helming Thursday’s Snap Inc. (NYSE: SNAP) IPO is co-founder and CEO Evan Spiegel, who developed the business while still a student at Stanford University. Spiegel, who has a net worth of $4 billion, looks to add close to $400 million to his personal fortune in the IPO, which...
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Munster, Calacanis Talk The Bull-Bear Case On Snap
Wednesday, March 1, 2017 - 2:47pm | 387Read More...Gene Munster, Wall Street analyst turned venture capitalist, and Jason Calacanis, Inside.com CEO and founder, were guests on CNBC and offered two sides of the trade ahead of Snap's initial public offering. Munster: Expensive Valuation Munster started off with the bear side of the trade and...
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Snapchat Rakes In Ad Dollars, Emerges As Potent Threat To Facebook, Twitter
Tuesday, January 17, 2017 - 4:27pm | 482Read More...The impending IPO of Snap Inc., the parent of social media platform Snapchat, is shrouded in mystery, typical of the way business is run at the company. To maintain control of the company, its founders Evan Spiegel and Bobby Murphy are expected to reportedly hold about 70 percent of the voting...
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Snap's Pitch To Investors: We're More Like Apple And Facebook, Less Like Twitter
Thursday, December 29, 2016 - 2:15pm | 356Read More...Snap Inc., the parent company of the social media platform Snapchat, will see its stock trade on a public exchange for the first time next year. The company's pitch to investors appears to be easy enough: Snap is one part Apple Inc. (NASDAQ: AAPL), one part Facebook Inc (NASDAQ: FB) and zero parts...
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Snap's Investors Will Make A Lot Of Money In An IPO
Wednesday, October 12, 2016 - 1:57pm | 333Read More...Evan Spiegel had an offer on the table to sell his company, Snapchat, to Facebook Inc (NASDAQ: FB) in 2013 for $3 billion. Spiegel refused the offer and felt he could grow the social media company, now called Snap, over the years. His decision proved to be the right one and many of his backers and...
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Here's Where Gates, Musk And Other Tech Tycoons Cut Their Teeth
Thursday, June 16, 2016 - 7:26am | 211Read More...Business Insider's Emma Fierberg dug up the following list of titans in the tech industry and where they got their start. Related Link: How Can You Be As Great As Elon Musk, Bill Gates & Steve Jobs? Bill Gates - Congressional Page in Seattle Steve Jobs - Summer Intern at HP...
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Facebook's $3 Billion Offer Rejected By Snapchat
Wednesday, November 13, 2013 - 4:02pm | 277Read More...The Wall Street Journal reported on Wednesday that Facebook (NASDAQ: FB) prepared a $3 billion bid for Snapchat, but was rejected by the company. Snapchat is a rapidly growing messaging service where users take photos, record videos and text. Users then set a time limit of one to 10 seconds for...












