Re:Snap Inc. S-1
by brentm on Thursday February 02, 2017 @05:58PM
(#13555772)
Also quite expensive in terms of trailing sales multiple.
> Twitter went public at valuation around 30x trailing year sales and 15x forward year sales. At $25 billion, Snap would be valued at a huge 62x trailing sales.
> Assuming they could reach $1 billion of revenue in 2017, the 25x multiple would still be steep relative to the two predecessors.
> Twitter went public at valuation around 30x trailing year sales and 15x forward year sales. At $25 billion, Snap would be valued at a huge 62x trailing sales.
> Assuming they could reach $1 billion of revenue in 2017, the 25x multiple would still be steep relative to the two predecessors.
(via http://blogs.wsj.com/moneybeat/2017/02/02/snaps-ipo-filing-e...)