Snap: Path to IPO
(This infographic assumes an IPO share price of $17.00.) Snap (owner of ephemeral messaging company Snapchat) filed for their much-anticipated 2017 IPO on February 2, 2017. Preferred stock share prices are adjusted to reflect the Class A Dividend issued in October 2016 (effectively a 2-for-1 split of the shares). The original per-share price of Series F stock was $30.72.
Snap: Path to IPO

Calculations are based on shares outstanding. Explain

Companies analyzed in the Path to IPO are chosen on the basis of interest to the investing public and are not necessarily those in which transactions have been completed on the EquityZen platform. An investment through EquityZen is not an investment in a primary funding round; accordingly it is unlikely that an investment through EquityZen will perform similarly to the primary funding rounds highlighted in the Path to IPO. Most private companies are not successful enough to have an IPO, and many successful private companies may elect to not have an IPO. Investing in a private company through EquityZen may result in a partial or complete loss of your investment.