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The IPO was a great success for co-founders Evan Speigel and Bobby Murphy, who founded the company in 2011 out of their Stanford University dorm rooms. The company saw a healthy pop in its first moments of trading, opening at — roughly 40 percent higher than the company's price of per share, and far higher than the company's original - range.
The higher trading price demonstrated the great demand Snap had for its initial public offering.
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Many of the members here have known each other back in the MSN chat days.
In the long-term, will Snap look more like a Facebook, a Twitter, or will it carve its own path?