Oct
13
Snap Is Said to Pick Bankers for an I.P.O.
ByCreditGeorge Etheredge/The New York Times
SAN FRANCISCO — The newest generation of technology darlings has signaled that it is about to come of age: Snapchat, the messaging service beloved by teenagers, is preparing to step out into the public markets.
The company — born only five years ago — may end up ushering in a wave of huge tech initial public offerings at a time when Wall Street has seen few such big deals…