NEWS: Snapchat Will Reportedly Reveal IPO This Week, Worth $25 Billion

Snapchat Will Reportedly Reveal IPO This Week, Worth $25 Billion

Not bad for 26 year old CEO Evan Spiegel.

Social media messaging app Snapchat has been notoriously evasive about its business over the years, creating a aura of mystery much like the one that surrounds its disappearing messages. That all will change later this week, when it will reportedly release its IPO filing.

We reported on the initial public offering back in November of 2016, but as the actual date of filing has come closer the company’s estimated value has gone up. In November it was expected the company would be valued at $20 billion, but now sources are saying it will be worth $25 billion, or potentially more if demand for Snap stock is high.

Snapchat CEO Evan Spiegel will undoubtedly make a substantial sum from the filing, although we won’t know how much until the IPO is revealed. The stocks won’t be publicly available until later this year, likely March. The filing will reportedly take place on the New York Stock Exchange.

To understand Snapchat’s success, check out our list of rappers to follow on Snapchat.

Gucci Mane: Guwopsnap

Wiz Khalifa: khalifathecap 

2 Chainz: hairweavekiller 

Pusha T: kingpin.push 

Big Sean: BigSeanSnapped 

A$AP Ferg: Devoni143 

YG: YG400 

Snoop Dogg: SnoopDogg213 

Lil Yachty: lilyachty 

Desiigner: lifeofdesiigner 

Kevin Gates: iamkevingates 

Dreezy: QueenDreezy

Dej Loaf: dejloaf 

Curren$y: rapsnlowriders

Lil Dicky: BooBurd 

Lil Durk: LilDurk2x 

Chief Keef: turboperhour 

Lil Bibby: BibbyTheGreat 

E-40: E40707

21 Savage: Savage730 

Metro Boomin: metroboomin 

Sonny Digital: AlejandroPesos 

TM88: Sideshowbart88

Ty Dolla $ign: Tgodtydolla 

Anderson .Paak: ReallaKilla 

iLoveMakonnen: ilovemakonnen5d 

Father: Badfather 

Pouya: Pouya305 

TDE: tdesnaps 

Boogie: Boogita 

Terrace Martin: tterracemartin 

Dave East: MissYouLik 

Denzel Curry: denzelcurryphh

BeatKing: Clubgodzilla 

Webbie: Officialwebbie 

[via Recode]

NEWS: Yukmouth Explains J Prince Protecting Him During Various Beefs & Teaching Him How To Run His Own Label

Yukmouth Explains J Prince Protecting Him During Various Beefs & Teaching Him How To Run His Own Label

lOS ANGELES, CA – Bay Area legend and one/half of “I Got 5 On It” duo Luniz, Yukmouth came through the DXHQ to talk about everything from the recently released part one of his JJ Based on a Ville Story and Dragonfly collaboration with Dime Vapes to his own label Smoke-A-Lot.

During the conversation, he spoke on his relationship with Rap-A-Lot records and its founder and CEO J Prince. During his time on the label, he dropped several renown classics including Thugged Out: The Albulation and Godzilla. Yukmouth even gave an interesting story on how much the storied Houston music executive cared about his career.

“He so solid, I got arrested on a Friday for $150,000 and I didn’t get booked in until Saturday,” he said. “That man had me out by Sunday. What? Boom, out. I spent one day because I was in the middle of the Godzilla Tour. We on tour, go to jail and I get remanded. I go to one of my court dates and they remanded me, them racists muthafuckas where I was at. They just remanded me for being late knowing I had to fly in and all that shit. Since I bailed out so much, the judge was like $150,000. I’m like what? J Prince posted that shit the next day. You done heard the stories of Tupac getting locked up and Interscope not bailing his ass out. You seen Bobby Shmurda getting locked up. A million dollar bail is just $100,000 up front. 10 percent with a house. You ain’t paying no meal ticket. So the record label couldn’t put up $100,000 for their top artist? A record label couldn’t put up $100,000 for ‘Pac? Suge had to put up $100,000 with a house. He didn’t have to put up a million dollars. Same thing. If you care about your artist and your record label and this is the person bringing in your money? What money are you going to make with him being locked up? All the money that you gave for this advance and all the other albums you’ve put the money into stops now? Naw, fuck that. Bail him out and have him back on the road on Monday. That’s mob shit.”

Yukmouth also said that J Prince was one reason why he was so protected during his various beefs with everyone from Master P to G-Unit.

“It was the realest record deal I ever had,” he said. “Record labels get scared of you. I was beefing with everybody. Beefing with Master P, G-Unit, Game and everybody. J didn’t back up. He said these niggas better keep it wrapped or else. He told P that straight out the gate. I was on the plane with Mystikal and all them other niggas. All they could do was mean mug me. They knew better. J ain’t to be fucked with period. P knew better. No disrespect, but P knew better. I’m just saying. That man had some real power. Shout out to J Prince man. The mutha fucking boss don of The South.”

In regards to his own label, Smoke-A-Lot, he says his time on Rap-A-Lot gave him a grand lesson in running his own independent outlet.

“Well basically, the best thing that J Prince taught me was how to grind,” Yukmouth said. “The independent grind out there, I saw the infrastructure. How they press CDs and just do their thing when it came to making these albums and getting them out. I seen how they did it. They turned the album in, mixed and mastered it, take it to the press, which is going to take about a week, you get the product back, get your shipping list, stores like moms and pops, ship them out and get consignment. I learned all of that just by hanging out because I was one of the first artists besides Scarface to get a label deal there.”

NEWS: Big Sean Reveals "I Decided." Album Tracklist Featuring Eminem, Migos & Jhené Aiko

Big Sean Reveals "I Decided." Album Tracklist Featuring Eminem, Migos & Jhené Aiko

As Big Sean’s I Decided. album inches closer to its February 3 release, the Detroit rapper shared the project’s tracklist on Instagram today (January 30).

I Decided. is made up of 14 tracks. Besides the two singles that Big Sean took on solo, “Bounce Back” and “Moves,” the tracklist is filled with stellar guest features.

Eminem appears, as promised, on a track called “No Favors” and The-Dream will lend his vocals to “Sunday Morning Jetpack.” Migos will show up on “Sacrifices” and Jeremih joins in on “Light” while Sean Don reunites with Jhené Aiko for a TWENTY88 track “Same Time Pt. 1.” The album closes out with “Bigger Than Me” with Starrah and the Flint Chozen Choir, who Sean said is his tribute to the city beyond financial donations in the midst of the water crisis.

Check out Big Sean’s I Decided. tracklist below.

1. Intro
2. Light f. Jeremih
3. Bounce Back
4. No Favors f. Eminem
5. Jump Out the Window
6. Moves
7. Same Time Pt. 1 f. TWENTY88
8. Owe Me
9. Halfway Off the Balcony
10. Voices in my Head/Stick to the Plan
11. Sunday Morning Jetpack f. The-Dream
12. Inspire Me
13. Sacrifices f. Migos
14. Bigger Than Me f. Flint Chozen Choir and Starrah

(This article was first published December 22, 2016 and is as follows.)

The Decision 2017 is coming February 3.

Big Sean announced his next album is titled I Decided and it’s set to drop right before Valentine’s Day. The project is available now for iTunes pre-order.

According to the page, I Decided is made up of 14 tracks, most of which are a mystery. But the follow-up to Dark Sky Paradise will include the single “Bounce Back.” The Detroit rapper also shared a new song that will be on his fourth studio album, “Moves.”

https://open.spotify.com/album/46wCgPn3NypdBxH0HxQZG1

Sean Don recently said he and Jhené Aiko are working on a sequel to Twenty88 as well.

Check out Big Sean’s I Decided cover art and stay tuned for more details leading up to the February 3 release date.

BREAKING NEWS:

One dead in downtown Toronto afternoon shooting

A male victim is dead as a result of a shooting in downtown Toronto Monday afternoon.

Shots rang out at Adelaide and George streets at around 2:45 p.m., according to Toronto Paramedic Services. A single victim was pronounced deceased a short time later, paramedics said.

Toronto police said the victim is a male, but his age and identity have not yet been publicly released.

PHOTOS

 Homicide

Toronto Police Detective Sgt. Steve Ryan stops at a victim's body after a shooting in downtown Toronto on Monday, January 30, 2017. THE CANADIAN PRESS/Nathan Denette

 Shooting

Police investigate a shooting near George and Adelaide streets downtown Monday January 30, 2017.

 Shooting

Police investigate a shooting near George and Adelaide streets downtown Monday January 30, 2017.

Two handguns and as many as a dozen shell casings were found strewn at the scene of the murder, Toronto police Sgt. Craig Somers told reporters.

“We don’t know who the guns belong to at this point in time or if there were multiple shooters,” Somers said.

Witnesses at the scene told CP24 that they saw a man get out of a vehicle on the passenger side, fire several shots and then get back into the car before it fled.

Police said there is currently little suspect information available. However they said a nearby vehicle was struck by a blue vehicle that fled the scene. None of the occupants were injured.

Somers said that police are currently scouring the neighbourhood for surveillance camera footage and are speaking with witnesses to try and confirm details about suspects.

“We’ve taken four witnesses in for statements at this time and it is a busy area – I’m sure more will come to light,” Somers said.

He added that with many people out and about in the area, it was fortunate that more people were not injured by the gunfire. 

“We’re very, very lucky with the number of rounds we’ve seen on the roadway that no other innocent people were injured,” Somers said.

Police have closed off local roads as they investigate and are asking the public to stay clear of the area.

A hold and secure was briefly in effect nearby at the St. James campus of George Brown College as a result of the shooting, the school said. Students were being advised to stay on campus or to avoid the area if they were not already on campus.

Police said there is no information at this point linking the shooting to the school.