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by ghull95 3544 days ago
Facebook IPOd at ~$100B with annual revenue of roughly 4B. Snapchat is estimating 2017 revenue at 500mm-1B so it is not much different than what FB IPOd for. While the comparison of FB and Snapchat may not be the most valid, I still think it is worth noting that the Snapchat valuation isn't exactly unheard of.