Category: Companies

Currently valued at around $25 billion the company behind Snapchat, Snap Inc., is set to file an IPO towards the end of next week. This means that the company is likely to look to float on the stock market in March after an aggressive marketing campaign which will see company leaders chat with potential investors in the institutional market. So what do we know about Snapchat and the company behind the massively popular communications app?

Snap Inc. has been ready to go for some time

Snap, the parent company of Snapchat, actually filed a private IPO with the Securities and Exchange Commission (SEC) towards the end of 2016. This was the first step towards a public offering and we should see a glimpse of the company’s financials when the IPO is confirmed. While traditional timing would suggest a March float on the stock market this can obviously change due to market conditions.

The offering will be led by Morgan Stanley and Goldman Sachs and many believe this could be a test for the IPO market and the technology sector. If, as many expect, the IPO is successful then we will likely see a flurry of other companies coming to the fore. It is common knowledge that some of the best-known up-and-coming tech companies have been holding off from floating on the stock market due to recent conditions – not least the inauguration of the new president! Continue reading “Company behind Snapchat set to file IPO next week”

History shows us that when Apple decides to invest heavily in a new business venture it will aim for the top. This is a company with cash balances of $230 billion and a business which continues to generate cash. At some point the phenomenon which is the iPhone and iPads will fade away and it looks as though Apple is already looking to counteract slowing sales. So, what can we expect from a move into Hollywood?

Original TV content

The likes of Amazon and Netflix have made headlines over the last few years investing hundreds of millions of dollars into their own production companies. Amazon recently took on the Top Gear team on multi-million pound contracts and a production budget which dwarfed that of the BBC. Netflix is already renowned for its own movies and this is a company going from strength to strength and one which Apple will likely be targeting. So, how will Apple enter the television shows and movies market? Continue reading “Apple looking to take over Hollywood”