Why I Won’t Be Investing in Snapchat
Jun22

Why I Won’t Be Investing in Snapchat

If you have been paying attention to Snapchat’s recent IPO Snap Inc. (NYSE:SNAP) you should have concluded that it is an extremely risky bet. Unlike the significant pool of millennials that piled into the stock only to realise they had purchased shares in Snap Interactive an entirely different company! Investors sent shares in a little known startup called SNAP Interactive Inc. surging 164 percent in what is almost surely a case of...

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