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
Traders who have an idea for a money-making algorithm have two choices: learn to code themselves, or hire a great engineer. But neither of these two options are realistic, especially for part-time traders who don’t have a large bankroll behind them. Meet Algoriz, a startup participating in Y Combinator’s Winter 2017 batch. Read More
Since 2013, The Associated Press has been making an intentional effort to put data in the hands of local reporters. In the last few years, this meant assisting with Freedom of Information Act requests and putting a team of four engineers to work building visualizations and extracting insights from massive spreadsheets. Today the AP is announcing a partnership with Data.world to equip… Read More
Surprisingly, even though TechCrunch is owned by not one but two enormous corporate entities — the Voltron form of which I like to call Verizaol — we are hit by very little splash from the stream of time-wasting marketing exercises that form a corporation’s very being. Recently, however, we were asked to come up with an internal tagline to explain what TechCrunch is to —… 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
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
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 higher… 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
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