The two men who founded Snap, the parent company of the ephemeral messaging service Snapchat, out of their Stanford University dorm rooms are now billionaires before the age of 30.
The sharemarket launch of Snap outstripped expectations for its stock market debut on Thursday, when it closed worth about US$28 billion (NZ$40 billion).
Snap co-founder Evan Spiegel, who earned US$272 million on the offering, showed up to the floor of the exchange in a suit and tie to ring the opening bell before leaving the building to watch festivities away from the spotlight he famously eschews.
Spiegel and fellow co-founder Bobby Murphy reportedly made US$5b each in Snapchat’s IPO.
from Eve’s Feed http://www.stuff.co.nz/business/world/90006726/Snapchats-founders-become-billionaires-as-Snap-rockets-in-Wall-Street-debut
from
https://evewilki1971.wordpress.com/2017/03/02/snapchats-founders-become-billionaires-as-snap-rockets-in-wall-street-debut/
No comments:
Post a Comment