As any trader will tell you, "the price justifies the risk". You won't be able to buy a share of SnapChat now at a low price relative to fair value ( if, as oth

As any trader will tell you, "the price justifies the risk". You won't be able to buy a share of SnapChat now at a low price relative to fair value ( if, as others have suggested, you're able to buy at all ). Look close and you'll see that for top deals, even VCs and bankers margins are getting squeezed.