Benchmark, Lightspeed could earn biggest payback from Snap IPO

Snapchat IPO NYSE
A Snapchat sign hangs on the facade of the New York Stock Exchange (NYSE) in New York City, U.S., January 24, 2017. REUTERS/Brendan McDermid
Snap’s investor list reads like a who’s who of venture capital, but Benchmark and Lightspeed Venture Partners are the ones that will make the biggest bundle of cash from the company’s IPO. Also high on the list of major shareholders ...

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