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WebiMax CEO’s featured article from financial news site TheStreet covers the $1 Billion ad revenue projection for Snapchat by eMarketer.

WebiMax CEO’s featured article from financial news site TheStreet covers the $1 Billion ad revenue projection for Snapchat by eMarketer.

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There’s been talk of an impending IPO as soon as next year for Snapchat, the ephemeral social media company that recently was estimated to anticipate $1 billion in ad revenue in 2017 by forecasting firm eMarketer. This would represent a significant increase in revenue over the $366.7 million the company is estimated to take in for 2016. While there has been a lot of buzz about Snapchat, the $1 billion revenue prediction seems to be more hype than reality.

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