Technology companies that have been able to secure a stable user base have been able to turn their private companies into large-scale, public corporations. Snapchat is scheduled to take their company public in the near future, and estimates for the valuation are currently close to $20 billion. In perspective, Facebook first went public with a valuation over $100 billion. That translates into Snapchat having 1/5 overall value in comparison to Facebook when it first started selling stock in 2012. CNN Money reported: 'At this level, Snapchat is a far cry from Facebook, which had 1.23 billion daily users in