Snapchat values its IPO at $14 to $16 per share
According to a filing, disappearing-photo application Snapchat will offer 200 million Class A shares for $14-$16, with an aim to raise $3.2 billion in its IPO. A possible valuation between $19.5 billion and $22.2 billion would make Snapchat's IPO the third-biggest technology offering of the past decade. Snap is the first US social media company to go public since Twitter. 