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Snap Inc., the parent of Snapchat, has been off to the races with its debut on the stock market.
Yesterday, the stock closed at $24.48, a 44% gain from the IPO price of $17. And today it’s gone up a bit further, surpassing $29 at one point, an almost 20% increase from the close of yesterday. Shares later fell to $27, but it’s still on track for a 10% gain for day two.
This is… Read More
World View’s new spaceport in Tucson, Arizona is focused on a unique task: Launching high altitude balloons that will take equipment, and eventually people, to the Earth’s stratosphere to do work in an edge-of-space operating theater. We got the chance to go to the facility’s grand opening, and interview CEO and co-founder Jane Poynter, as well as co-founder and former… Read More
Atom Bank, a startup out of the UK that has built a mobile-only bank targeting consumers between the ages of 18 and 34, has raised another £83 million ($102 million) in funding led by BBVA, the Spanish bank and owner of Simple in the U.S. BBVA also led Atom’s previous $128 million round in November 2015.
The plan is to use the funding to continue building out its customer base and… Read More
NextGen Venture Partners, a young, Washington, D.C.-based venture firm that’s quarterbacked by a handful of investors but fueled financially by a network of hundreds of part-time investors who help with its portfolio, has raised $22 million for its debut fund. (This if you don’t count a $1 million pool of capital that it raised from its network in 2015.) We had a quick chat… Read More
Okay Disrupt fans, you’ve procrastinated long enough. Today is the last day to get extra-early-bird tickets to Disrupt NY 2017 — so if you want to go to the best startup show in New York for the cheapest possible price, now is the time to act. Seriously, you need to go and get your tickets now. Like right now. You can get them here. Now that you’ve gotten the ticket and… Read More
With the dawning of the digital age, low-income students face a new, unprecedented challenge: access to high-speed internet. Startups and nonprofits across the country are stepping up to help low-income families connect to the internet. They deliver programs that aim to facilitate the personal, academic and professional growth of their local communities. Read More
Snapchat priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44% gain for the select investors who bought into the IPO. And that gain looks great…for new investors. But it also means that Snapchat could have sold its shares for a higher price! If Snapchat priced its shares just a little higher… Read More
NBCUniversal is now the only U.S. media company that has an official stake in Snap. Today, NBC Universal (which is a unit of Comcast) revealed that it invested $500 million in Snap as a strategic investment partnership during yesterday’s IPO.
Snap shares popped 44 percent in the first day of trading.
NBCUniversal has been pursuing digital media aggressively in the past year, including… Read More
Snapchat priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44% gain for the select investors who bought into the IPO. And that gain looks great…for new investors. But it also means that Snapchat could have sold its shares for a higher price! If Snapchat priced its shares just a little… Read More
Snap Inc., the parent company of Snapchat, had a stellar first day in its public debut on the New York Stock Exchange, popping 44%. The self-proclaimed camera company that began its roots as an ephemeral photo-sharing app first priced its IPO at $17 per share on Wednesday. The stock opened at $24 and closed the day at $24.51. The company’s market cap is being reported as $34 billion… Read More