Christopher Austin, a partner in Orrick’s Capital Markets practice, recently spoke with Law360 regarding whether a potential initial public offering from Snapchat app maker Snap Inc. could help boost the flagging tech IPO market
A potential initial public offering from Snap Inc. is shaping up to be an important bellwether that could shed light on the public prospects for highly capitalized, venture-backed technology startups that are staying private longer nowadays, experts say, though many variables remain. Buzz about an IPO from the Snapchat app maker, not expected until 2017, spread quickly after reports the company filed plans confidentially with regulators, taking advantage of a provision that lets emerging businesses initially submit documents in secret before publicly disclosing plans.
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Recently published at Law360
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