Snap Inc.

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Model Miranda Kerr is married to Snap Inc. founder Evan Spiegel who is worth $3 billion

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FILE - In this Thursday, March 2, 2017, file photo, Snapchat co-founders Bobby Murphy, left, and CEO Evan Spiegel ring the opening bell at the New York Stock Exchange as the company celebrates its IPO. Since it couldn’t buy its smaller rival, Facebook is bent on copying Snap to death. Snap Inc., the company behind Snapchat, meanwhile, is intent on forging ahead against its much bigger rival, courting older users, keeping young ones and along with them, advertisers. (AP Photo/Richard Drew, File)

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FILE - In this March 2, 2017, file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)

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FILE - In this March 2, 2017 file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)

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A banner for Snap Inc. hangs from the front of the New York Stock Exchange, Thursday, March 2, 2017, in New York. The company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering. (AP Photo/Mark Lennihan)

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Traders follow the IPO for Snap Inc. at the New York Stock Exchange, Thursday, March 2, 2017. (AP Photo/Richard Drew)

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As Snap Inc. initial public offering shares began trading on the New York Stock Exchange, Thursday, March 2, 2017, people in the Venice Beach area of Los Angeles launched a protest near the company’s offices at Market Street and Pacific Avenue. They say the company’s acquisition of commercial and residential properties there threatens their community. They carried signs that said "Venice is a community, not a corporate campus" and "Snap killed Mom and Pop." (AP Photo/Damian Dovarganes)

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As Snap Inc. initial public offering shares began trading on the New York Stock Exchange, Thursday, March 2, 2017, people in the Venice Beach area of Los Angeles launched a protest near the company’s offices at Market Street and Pacific Avenue. They say the company’s acquisition of commercial and residential properties there threatens their community. They carried signs that said "Venice is a community, not a corporate campus" and "Snap killed Mom and Pop." (AP Photo/Damian Dovarganes)

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The New York Stock Exchange is prepared for the IPO of Snap Inc., Thursday, March 2, 2017. The company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering. (AP Photo/Mark Lennihan)

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A banner for Snap Inc. hangs from the front of the New York Stock Exchange, Thursday, March 2, 2017, in New York. The company behind the popular messaging app Snapchat is expected to start trading Thursday after a better-than-expected stock offering. (AP Photo/Mark Lennihan)

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People pass by the New York Stock Exchange after the banner for the Snap Inc. IPO was raised on the building's facade, Wednesday, March 1, 2017. Snap Inc. is expected to start trading on the New York Stock Exchange on Thursday under the symbol "SNAP." (AP Photo/Richard Drew)

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FILE - In this Thursday, Oct. 24, 2013, file photo, Snapchat CEO Evan Spiegel poses for a photo in Los Angeles. Snap Inc. is listing the company’s valuation at up to $22 billion as it prepares for the tech industry’s biggest initial public offering in years. The parent company of SnapChat said in a regulatory filing Thursday, Feb. 16, 2017, that the IPO is likely to be priced between $14 and $16 per share. (AP Photo/Jae C. Hong, File)

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FILE - In this Thursday, Oct. 24, 2013, file photo, Snapchat CEO Evan Spiegel poses for a photo in Los Angeles. Snap Inc., owner of the ephemeral message service Snapchat, seeks to raise up to $3 billion in an initial public offering. According to IPO documents filed on Thursday, Feb. 2, 2017, Snap has lost nearly $1 billion in the past two years. (AP Photo/Jae C. Hong, File)