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.
It was announced in February that the company is seeking a new round of funding that would value the company as high as $19 billion. IPO Buzz. Along with an impressively high valuation, Snapchat has been making strategic business decisions over the past few years that hint at the possibility of an IPO. Back in 2013, the company caught the attention of tech giants Facebook Inc (FB) and Google Inc (GOOG, GOOGL). The companies offered to acquire Snapchat for $3 billion and $4 billion, respectively.