Snap Said to Price Shares in IPO at $17 Each

The transcript discusses the pricing of shares at $17, above the initial range of $14-$16, with a valuation close to $24 billion. It highlights investor sentiment in Silicon Valley, the importance of a successful IPO, and the role of banks like Goldman Sachs and Morgan Stanley in underwriting. The discussion also covers upcoming IPOs, including MuleSoft, Dropbox, and Spotify, and the challenges faced by companies like Uber due to high valuations and private market investments.

Which banks are mentioned as being involved in the underwriting process?

What has been the trend in IPO sizes according to the text?