The company’s mission? To empower people to express themselves in today’s digital world. Snapchat is a camera app that allows users to take pictures and tell stories, the platform also permits ad sales which is an integral part of the revenue and earnings. The company’s main revenue streams are Snapchat, a mobile app for cameras and communications, and Spectacles, a wearable augmented reality device.

Today, Snap operates as a camera company internationally. The business went public in 2017 and raised $30 billion on its opening day which is about 10 times the expected amount. Over the years it has been courted by most of the big tech companies including Facebook and Google but has always opted to remain a standalone company. was founded in 2010 and is headquartered in Santa Monica, California. The company was formerly known as Snapchat, Inc. The two remain active in the company today serving on the board and acting as CEO (Speigel) and CTO (Murphy). The original founders, Evan Speigel and Bobby Murphy own a combined 45% of non-dilutable shares with ownership transferable to the other upon death. The company’s headquarters are in Santa Monica, California and it is a very tightly held company. Originally known as Snapchat, the company changed its name to Snap in order to represent its offerings better as it grew over the years. The company was founded in September 2011 by Evan Spiegel and Bobby Murphy. is a social media company operating globally. Horton Shares Raise The Roof, Or Is This The Ceiling?

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