I have absolutely no idea why Snap went public when it did. That sure seems like a mistake to me. But then again, I’m not an insider. I don’t know what they know. I just know what I see: the business clearly isn’t mature enough yet to support a traditional public company narrative of any sort.
M.G. Siegler

Could be that investors were seriously concerned of Facebook/Instagram impact on growth and decided to cash out while the metrics still looked good… The latest quarterly results would have closed the IPO window… Perhaps, they didn’t really have a choice. Aside from waiting another 3–4y for the next thing to take off (If it does)

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