Investors, Founders Hope for Snap IPO’s Halo Effect

Will Snap Inc.’s IPO open up opportunity for the many other private companies that are hoping to reach their own IPO paydays?

That is the question many in Silicon Valley and beyond were wondering as they refreshed their browsers to check on Snap’s first-day stock price.

While Snap could certainly raise optimism, it remains to be seen whether other private companies can reach an IPO, especially those who don’t ride a similar wave of consumer buzz.