Here's everything you need to know about Snap's huge IPO
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This is a special Snap Inc.-themed edition of Finance Insider, Business Insider's summary of the top stories of the past 24 hours.
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Snapchat's parent company Snap Inc. on Thursday set in motion what could be the biggest tech flotation in years. Here's what you need to know:
- Snap files for its IPO, revealing surging sales growth and huge losses
- Here's who is going to get rich from the Snap IPO
- Snap lost $514 million last year and warns that it "may never be profitable"
- Here's everything you need to know about how many people are using Snapchat
- Snap blamed its slower user growth on "technical issues" in its product updates
- Analyst: There's one really troubling thing about Snap's business right now
- Here's how Snapchat thinks strategically about "reinventing the camera"
- Snap has got big plans for its "Spectacles" camera-glasses in 2017
- SECRECY, CONTROL AND 'KINDNESS': What the Snapchat IPO tells us about its corporate culture
- Snapchat cited its scattered beachfront offices as a risk to employee morale
- Snapchat CEO Evan Spiegel was paid millions last year - his security detail alone costs a small fortune
- Snapchat loaned its founder $15 million last year and he paid it back in seven months
- A former Wall Street analyst made a $145 million trade of a lifetime to join Snap
- How Snapchat's first investor found Snapchat when it had less than 100,000 users
- Snapchat paid its third cofounder $158 million in cash to disappear
- The alleged betrayal in these photos, texts, and emails cost Snapchat $158 million
- This fratty email reveals how CEO Evan Spiegel first pitched Snapchat as an app for "certified bros"
- Here are all the key charts and images you need to see from Snap's $3 billion IPO
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