Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: One of the more reliable paths to becoming a billionaire over the past 20 years has been to build a dominant technology company and then to take it public.

Source: NYTimes.com

Date: Feb 02, 2017

Link: https://www.nytimes.com/2017/02/02/business/dealbook/snapchat-ipo-billionaire.html?ref=business

Questions for Discussions:

  • What information stands out in the descriptions of who benefits from this IPO?
  • According to the article, what is the recipe for exceptional financial success today?
  • What do you think makes Snapchap worth so much money?

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