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The Snap IPO told through Snapchat, of courseOh Snap! The company's shares just went on sale. Looks like Evan Spiegel's now a whole lot richer.
Snap chat just made a wrap ton of money. Snap Chat's parrot company Snap went public on the New York Stock Exchange. [MUSIC] So jelly of Evan Spiegel, right now, he is so frickin rich it's not even funny. The company was valued at $24 billion. The biggest tech IPO since Ali Baba in 2014. Take that Zack. You tried but you failed. 3 billion dollars was so not enough to buy Snapshot. And now they are more than just the app. Snap totally calls itself a camera company and makes stuff like this Snap's kinda the cool kid on the tech scene. They've got offices in Venice, instead of Silicone Valley. Their CEO is engaged to a supermodel, and she threw major shade at Facebook, accusing them of copying ideas. So they have 158 million people using the app every day. That's every single 13-year-old on the planet, right? But only time will tell if Snap becomes a Facebook or it becomes a Twitter. And did I mention they were supposed to be building a drone? What? [MUSIC]