Snap Inc, maker of Snapchat, is preparing paperwork for an IPO that could value the firm at $25 billion. The paperwork indicates that the IPO could happen in March of 2017. The possible valuation is a marked jump from Snap’s previous market cap, $17.8 billion, first reported in May.

Article source: https://www.buzzfeed.com/blakemontgomery/snapchats-parent-company-could-go-public-as-early-as-march?utm_term=.ag8PORy6M#.ew5yzdOwJ

Photo source: By Brayan D.D. (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons