Snap Inc, Snapchat, has files for IPO and it indicates a valuation of approximately $25 billion, raising around $3 billion on the way.
The IPO currently shows the company made a loss of $514.6, but it's revenue growth over the past year shows over 500%.
Of course, now that Facebook is gunning for Snapchat with it's offering, it makes me wonder how investors will see the opportunity.
[
sec.gov...]