Snapchat planning for IPO, Evan Spiegel, the architect and CEO of the accepted messaging service, appear Tuesday that his aggregation is advancing for an antecedent accessible offering, but wouldn't accommodate data on timing.
"We charge to IPO. We accept a plan to do that," he said during a allocution at an anniversary Re/code appointment in Rancho Palos Verdes, Calif.Spiegel aswell said that there's no agnosticism the accepted tech balloon will burst.
"I anticipate that humans are authoritative riskier investments and ... there will be a correction," he said in an account with Re/code's Kara Swisher and Walt Mossberg. "[I]t's absolutely something we agency into our plans."
The four-year-old company, which offers a smartphone app that is accepted with teens, beneath Facebook's (FB, Tech30) $3 billion accretion action in 2013.
Spiegel said he was not absorbed in absorbing any added takeover offers, advancement that he capital Snapchat to abide independent.
"It's added fun that way," he said.
In February, Spiegel was said to be searching to accession about $500 actor in funding, which would amount his aggregation at almost $19 billion.
The close bankrupt a $485 actor annular of allotment in December, putting its appraisal at $10 billion, according to CB Insights.
"We charge to IPO. We accept a plan to do that," he said during a allocution at an anniversary Re/code appointment in Rancho Palos Verdes, Calif.Spiegel aswell said that there's no agnosticism the accepted tech balloon will burst.
"I anticipate that humans are authoritative riskier investments and ... there will be a correction," he said in an account with Re/code's Kara Swisher and Walt Mossberg. "[I]t's absolutely something we agency into our plans."
The four-year-old company, which offers a smartphone app that is accepted with teens, beneath Facebook's (FB, Tech30) $3 billion accretion action in 2013.
Spiegel said he was not absorbed in absorbing any added takeover offers, advancement that he capital Snapchat to abide independent.
"It's added fun that way," he said.
In February, Spiegel was said to be searching to accession about $500 actor in funding, which would amount his aggregation at almost $19 billion.
The close bankrupt a $485 actor annular of allotment in December, putting its appraisal at $10 billion, according to CB Insights.
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