Snap's $19.7bn IPO explained
Synopsis
Snap's IPO garners interest amid concerns over competition and user growth.
Synopsis
Investors show strong interest in Snap's IPO, primarily due to the scarcity of Tech IPOs since Twitter's major offering in November 2013. Snap boasts a highly engaged user base, particularly among Millennials and Generation X, making it attractive for advertisers shifting away from traditional TV. However, concerns arise regarding Snap's decision to issue no voting rights with shares, a departure from practices seen in companies like Google and Facebook. Additionally, competition from Facebook's Instagram, which has successfully adopted Snap's 'stories' feature, raises worries about user retention. Snap's recent IPO filings indicate a slowdown in user growth, reminiscent of Twitter's challenges as a public company. As one of the few US tech offerings in recent years, Snap's IPO is closely monitored by investors and industry analysts alike.
What are people saying?
Play More Like This
Where else to watch
Related Films
Is this your film?
If you made this film or hold the rights to it, we'd like to talk. We can license it and pay you a share of what it earns.
Comments