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Why this IPO and Snapchat matter

Mar 02, 2017 - The Boston Globe

Evan Spiegel cofounded Snapchat, where some 158 million smartphone users share self-deleting photos, videos, and text messages.

Here's some good news for Face­book: Snapchat is going public.

If you're under 35, you probably know about Snapchat, where some 158 million mostly youthful smartphone users share self-deleting photos, videos, and text messages. If you're older, you might know it as that yellow ghost-shaped app you put on your phone a couple of years ago, only to give up bec...