Snap: a unicorn that should stay in the forest

Snap, the company behind mobile-phone messaging app Snapchat, beloved of teenagers and young adults, plans a $25bn initial public offering in March. And while Snapchat is widely seen as a way to send explicit photos, “no one can accuse Snap of being a cheap thrill”, says the Financial Times’ Lex column.

Facebook, which has 1.2 billion users and revenues of $27bn, is valued at 14 times sales. Twitter, with 150 million users and revenue of $3bn, trades on four times sales. Snap has 168 million users and revenues of $400m, which would put it [...]

66% off newsstand price

12 issues (and much more) for just £12

That’s right. We’ll give you 12 issues of MoneyWeek magazine, complete access to our exclusive web articles, our latest wealth building reports and videos as well as our subscriber-only email… for just £12.

That’s just £1 per week for Britain’s best-selling financial magazine.

Click here to take advantage of our offer

Britain is leaving the European Union. Donald Trump is reducing America’s role in global markets. Both will have profound consequences for you as an investor.

MoneyWeek analyses the critical issues facing British investors on a weekly basis. And, unlike other publications, we provide you with the solutions to help you turn a situation to your financial advantage.

Take up our offer today, and we’ll send you three of our most important investment reports:

All three of these reports are yours when you take up our 12 issues for £12 offer today.

MoneyWeek has been advising private British investors on what to do with their money since 2000. Our calls over that period have enabled our readers to both make and save a great deal of money – hence our position as the UK’s most-trusted investment publication.

Click here to subscribe for just £12