It's like Twitter but even less!

Snap (the company that is comprised of essentially nothing but SnapChat) is starting its IPO roadshow. Originally shooting for a valuation of $20B-$25B now looking for $19B-$22B. Two main founders are expected to sell $200M+ each. They are smart.

My valuation of the company is basically $0.

From Raw Meat to Well Done

Paul Ryan will be the next POTUS.





And that will occur this year.