Boom! Shares of social media company Snap (SNAP) rocketed higher last week — essentially quadrupling in about a year. Most investors were thrilled… except for one. You see, when Snap went public in 2017, NBCUniversal bought shares worth about $500 million. But after waiting for its investment to pay off…
Did you hear the crazy news about the high school in California? It just landed a windfall worth $24 million. The thing is, its payday didn’t come from a wealthy alum or a federal grant. It came from a less conventional source: Start-ups. A True Story A few years ago,…
Tags: Snapchat
Snapchat, the “hot” new social media company, is in freefall. Since its March IPO (NYSE: SNAP), its stock has gotten crushed. Investors who bought at $27 have already lost about one-third of their money. But meanwhile, a different set of Snapchat investors hasn’t lost a dime. In fact, these investors…
Leonardo DiCaprio Wants to Sell You Some Fish Celebrity environmentalist Leonardo DiCaprio didn’t get enough of the sea during his role in “Titanic.” Now he’s got a new business—and it smells pretty fishy » Big Tobacco Catches Start-up Fever For a company that sold more than $26 billion worth of…
Tags: Snapchat
A few years ago, a middle-aged guy named Jeremy heard about a new start-up. He didn’t fully understand what the company did, but he thought it had potential—so he made a small investment in it. Long story short: every $5,000 he invested turned into $1.25 million. Today, I’ll tell you…
Tags: Peter Lynch Snapchat
Next week, SnapChat is set to IPO. When it goes public, the popular photo and video sharing start-up is expected to have a market cap of about $18 billion. At that level, Snap’s private market investors stand to make a fortune. In fact, even Snap’s investors who got involved late…
Fortune just dropped a bombshell: The pending IPO of SnapChat—one of the most anticipated tech IPOs since Facebook—might be a hoax. You can’t make this stuff up. As Fortune reported on Monday, it’s become aware of a “conspiracy theory” that Snap’s massive IPO is just a ploy. But a ploy…
You rely on Crowdability to bring you the best deals. Now, rely on us to share the most up-to-date news, trends and opinion. You won’t find this stuff in the mainstream press. Look for it every Friday morning. This Week’s Best Reading Where’s Google Investing? Google’s venture capital arm has…
Editor's Note: You rely on Crowdability to bring you the best deals. Now, rely on us to share the most up-to-date news, trends and opinion. You won’t find this stuff in the mainstream press. Look for it every Friday morning at 8am EST. This Week’s Best Reading Look Who’s Cheerleading…
Tags: Crowdfunding Startups Start-ups Apple Silicon Valley Snapchat
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