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.

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Photo source: By Brayan D.D. (Own work) [CC BY-SA 4.0 (], via Wikimedia Commons