Snapchat is coming to Wall Street.
The social company reportedly filed for an initial public offering that values it at as much as $25 billion. The filing and that price illustrate just how significant Snapchat, and its parent company Snap Inc., have become since its founding just five years ago.
The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by the CNET News team in New York and producer Bryan VanGelder.
Your disappearing Snaps could be worth billions (3:59, Ep. 142)