This would require that the company is owned by itself or its founders. Startup companies like Snapchat have raised capital from external sources and need to pa

This would require that the company is owned by itself or its founders. Startup companies like Snapchat have raised capital from external sources and need to pay it back which is a bit hard with no meaningful profit. The founders probably don't even have a say in this, these companies usually have a board of investors which will force the IPO or sale of the company.