FIRST AIRED: June 2, 2016

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00:00:00
snapchat co founder and c. e. o. and spiegel has plans to take his company public , the social media chief's comments at a technology conference on tuesday where the first time he mentioned the possibility of an i. p. o. , snapchat which allows users to share pictures videos and text that disappear after a few seconds , become one of the most popular social networking sites in the world , spiegel said tuesday the company is nearing a hundred million users logging in every day , well it's not just has not publicly disclosed any financial information and investment from online retailing giant ali baba earlier this year values the company at fifteen billion dollars , spiegel said he is not interested in selling the company outright snapchat turned down a three billion dollar takeover offer from facebook in twenty thirteen