What does MECH. mean on floor plan? I was looking at a floor plan for an apartment and one of the rooms was labeled MECH. it is a little bigger than the closets but I don&#39;t know what MECH means? Source(s): mech floor plan: https://shortly.im/ZYSgv
Snapchatâs valuation now is being estimated to be somewhere between $20 billion to $22 billion dollars. It is unclear how this latest round of funding will affect the companies IPO plans. A Snapchat IPO, once thought to be a good bet for 2016, will now probably not happen until 2017.
If you think it's crazy that Snapchat might go public at a $20 billion valuation, here's something to consider. Snapchat wants to go public in the first half of 2017. Its valuation, Bloomberg reports, could be $20 billion. If you consider Snapchat's business today, that seems ludicrous. Snapchat, which recently changed its corporate name to Snap Inc., will reportedly generate about $300 million in 2016, up from roughly $50 million last year.