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In Snap Inc.’s Tumble, Start-Ups See a Warning From Wall Street

“There are a lot of very highly valued, money-losing unicorns, like Uber, Pinterest and Spotify,” said Kathleen Smith, a principal at Renaissance Capital, which manages exchange-traded funds that invest in newly listed companies. “This will put a damper on enthusiasm ...

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Common Sense: How a Money-Losing Snap Could Be Worth So Much

Snap “looks tremendously overvalued to me,” said Brian Hamilton, a co-founder of Sageworks, a financial analysis and valuation firm. Michael Nathanson, senior research analyst at MoffettNathanson, described Snap as a “field of dreams.” Even with rosy growth forecasts, “at $ ...

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Instagram Introduces New Features That Mimic Twitter and Snap Tools

SAN FRANCISCO — For the last six years, Instagram has been a repository for users’ most picturesque moments. But 2016 has been a year of reinvention for the photo-sharing social network, which has broadened what it lets people do with ...

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Snap Is Said to Pick Bankers for an I.P.O.

Photo Snap Inc., as Snapchat recently renamed itself, is expected to make a splashy market debut. Credit George Etheredge/The New York Times SAN FRANCISCO — The parent of Snapchat has picked banks to lead an initial public offering of stock, ...

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Knicks snap 7-game losing streak with win over Timberwolves

NEW YORK DAILY NEWS Updated: Sunday, February 21, 2016, 1:31 AM MINNEAPOLIS — Carmelo Anthony made it clear that it is playoffs or bust, saying on Saturday that “it would be hard to accept” the Knicks missing the postseason for ...

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Rangers snap road woes with 5-2 win over Lightning

NEW YORK DAILY NEWS Wednesday, December 30, 2015, 11:00 PM Scott Audette/NHLI via Getty Images Henrik Lundqvist and Marc Staal celebrate a much-needed road victory over the Lightning. TAMPA, Fla. – Any break the Rangers can catch, every inch that ...

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