HOW TO BUY SNAPCHAT STOCK (if it has an IPO)
11/16/2016 Update: It is now being widely reported that Snap. Inc. has secretly filed for an IPO that could come as soon ask the first quarter of 2017. Snapchat’s valuation is believed to be be between $20 and $25 billion and that would make this IPO the biggest since Alibaba. Keep in mind that Snapchat has not confirmed this report and the nature of the confidential filing means that no one has seen its financial number yet.
This news confirms the The Wall Street Journal story from October that Snapchat is in the process of readying for an IPO in early 2017. Other reports are now coming out that the IPO will be led by two banks: Morgan Stanley and Goldman Sachs. Please note that nothing has been officially announced or filed by Snapchat itself but the rumors are pretty strong now.
A couple months ago Snapchat renamed itself as Snap Inc. and released its first hardware product. A pair of $130 sunglasses called “Spectacles” will be available later this Fall that records 10 seconds of video and syncs to your smartphone. This will allow users to effortlessly record what they see by just tapping their sunglasses and share it on Snapchat. Spectacles will reportedly be rolled out slowly to gauge its reception.
Snapchat’s chief executive Evan Spiegel has been on record saying that the company wants to have an IPO and is working on it. That means individual investors who are trying to find out how to buy Snapchat stock or its price will have to wait because at this time the company is private and does not sell shares. Also, “CHAT” and “SNAP” are not the ticker symbol for the company because there is no ticker symbol until they have an initial public offering.
You might have seen news stories about vast sums of dollars being invested in Snapchat (the latest was during May – June of 2016) and that money is coming from investment firms and other big companies (like Yahoo) but not everyday investors like you and me. It is thought that Snapchat might now be worth more than $20 billion right now without ever going public. But these big investors will ultimately want a huge payoff and that can only happen by the company having an IPO sometime in the near future.
Buy Snapchat Stock If It Has An IPO
Everyday investors will not be able to invest in Snapchat until AFTER it has its IPO. When Snapchat does go public and offer shares to the general public that first day, you will need to have an online broker account to be able to buy the stock. In fact, in order to buy stock in any publicly traded company, you need such an account.
Optionshouse is an online broker that charges an a low $4.95 per trade. That is half what many brokers charge so why pay more? Additionally, it came in 3rd inBarron’s 2016 online discount broker rankings of more than 15 different brokerages. I recommend Optionshouse for investors of all levels and there are zero account minimums so it is a great choice for anyone new to stock investing.
**It is important to follow through and put money in your account (fund it) after opening it. One of the most common mistakes beginners make is they never follow through and start trading. So, after opening your OptionsHouse account which shouldn’t take more than 30 minutes, make sure you get it funded so that you can buy Snapchat stock when the company has its IPO. I would also recommend doing some research and buying your first stock soon after funding your account so that you can get started investing.
Facebook Tried To Buy Snapchat For $3 Billion
In late 2013, it was reported that Facebook offered 3 billion dollars for Snapchat but the offer was turned down. At the time, most people thought it was crazy to turn down that kind of guaranteed money for what was nothing more than an App that had yet to make any profit.
But in light of what Snapchat’s valuation is being talked about today, turning down that $3 billion was a great move. The number thrown around now in 2016 is closer to $20 -$25 billion and that means Snapchat is worth so much that it is almost too big to be bought outright by another company. It looks like the owners of Snapchat are hoping to cash in big by taking the company public within the next two years.
This news confirms the The Wall Street Journal story from October that Snapchat is in the process of readying for an IPO in early 2017. Other reports are now coming out that the IPO will be led by two banks: Morgan Stanley and Goldman Sachs. Please note that nothing has been officially announced or filed by Snapchat itself but the rumors are pretty strong now.
A couple months ago Snapchat renamed itself as Snap Inc. and released its first hardware product. A pair of $130 sunglasses called “Spectacles” will be available later this Fall that records 10 seconds of video and syncs to your smartphone. This will allow users to effortlessly record what they see by just tapping their sunglasses and share it on Snapchat. Spectacles will reportedly be rolled out slowly to gauge its reception.
Snapchat’s chief executive Evan Spiegel has been on record saying that the company wants to have an IPO and is working on it. That means individual investors who are trying to find out how to buy Snapchat stock or its price will have to wait because at this time the company is private and does not sell shares. Also, “CHAT” and “SNAP” are not the ticker symbol for the company because there is no ticker symbol until they have an initial public offering.
You might have seen news stories about vast sums of dollars being invested in Snapchat (the latest was during May – June of 2016) and that money is coming from investment firms and other big companies (like Yahoo) but not everyday investors like you and me. It is thought that Snapchat might now be worth more than $20 billion right now without ever going public. But these big investors will ultimately want a huge payoff and that can only happen by the company having an IPO sometime in the near future.
Buy Snapchat Stock If It Has An IPO
Everyday investors will not be able to invest in Snapchat until AFTER it has its IPO. When Snapchat does go public and offer shares to the general public that first day, you will need to have an online broker account to be able to buy the stock. In fact, in order to buy stock in any publicly traded company, you need such an account.
Optionshouse is an online broker that charges an a low $4.95 per trade. That is half what many brokers charge so why pay more? Additionally, it came in 3rd inBarron’s 2016 online discount broker rankings of more than 15 different brokerages. I recommend Optionshouse for investors of all levels and there are zero account minimums so it is a great choice for anyone new to stock investing.
**It is important to follow through and put money in your account (fund it) after opening it. One of the most common mistakes beginners make is they never follow through and start trading. So, after opening your OptionsHouse account which shouldn’t take more than 30 minutes, make sure you get it funded so that you can buy Snapchat stock when the company has its IPO. I would also recommend doing some research and buying your first stock soon after funding your account so that you can get started investing.
Facebook Tried To Buy Snapchat For $3 Billion
In late 2013, it was reported that Facebook offered 3 billion dollars for Snapchat but the offer was turned down. At the time, most people thought it was crazy to turn down that kind of guaranteed money for what was nothing more than an App that had yet to make any profit.
But in light of what Snapchat’s valuation is being talked about today, turning down that $3 billion was a great move. The number thrown around now in 2016 is closer to $20 -$25 billion and that means Snapchat is worth so much that it is almost too big to be bought outright by another company. It looks like the owners of Snapchat are hoping to cash in big by taking the company public within the next two years.
It's not like Snapchat is going anywhere anytime soon. 
