Snap Inc., the company behind Snapchat, went public on Thursday, filing for a $3 billion IPO. Initially priced at $17/share, the company currently has a cool $25 billion valuation.
In the 24 hours since $SNAP debuted on the market, shares have soared upward, first by 44%, then by another 10.6%, going for a price of approximately $27 per share at the time this was written.
Facebook attempted to buy out Snapchat in 2013 for $3 billion dollars, but Evan Spiegel, the then 23-year-old CEO of Snapchat, rejected it, calling it a “short-term gain.”
I guess he was right.
Interested in learning more about Snap Inc.? Check out our article about another one of their products, a wearabl camera called Spectacles.
Today, Instagram announced a feature that allows for a carousel of up to ten photos and videos to occupy the same post.
Like its previous implementation of this feature with Sponsored posts, folks will be able to swipe through multiple images or videos without leaving the same post. At release time, this support square images and videos with no announced plans to support landscape- and portrait-oriented media.
To access this, head to where you’d make a post, then make sure you have the Library tab open. You’ll see a carousel icon near where the Layout icon currently sits at the bottom right corner of the photo.
Choose up to ten photos and videos, then choose next to adjust and edit them as you would normally. Once you’ve posted, you’ll notice indicators on the post in your profile and in your home feed that more than one image or video is included.
This feature is rolling out to accounts across the world, so you may see posts in your feed that include this before the feature reaches yours.
All images via Instagram.