Snapchat developer Snap Inc. made its initial public offering (IPO) available to the public through the Securities and Exchange Commission on Thursday.
While the document is geared toward prospective investors that could help Snap raise an expected $3 billion, it is also packed with interesting information about the popular visual messaging app and its parent company.
We poured through the lengthy filing to bring you the most relevant information for general users and readers — from illustrated guidelines on how to use Snapchat to acknowledgements about the app’s shortcomings. If you want to find out more about Snap’s financials and user numbers, check out our news piece on its IPO here.
SPECTACLES COULD SOON BE A LOT EASIER TO PURCHASE
Snap’s video-recording sunglasses were released to much fanfare last year. To capitalize on that buzz, the company is planning to make it easier for you to get your hands on the $130 wearable.
Snap says it will “significantly broaden the distribution of Spectacles” in 2017. Currently, the device is only available via a vending machine that appears in random locations for the span of 24 hours. Customers can find out about its whereabouts via the Spectacles website, and then queue up in the hopes they can grab the wearable before the limited stock runs out.