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Half Lives. Social Media. And Snapchat Stories.

Both Sides of the Table

Facebook had an elegant solution to the “half life” problem in that it developed an algorithm that determined what users saw in their feeds. Eventually Twitter acquiesced and started putting Tweets that you missed “while you were away.” As a technology prognosticator, watching Twitter and Facebook grow up was a real pleasure.

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The Long Economic Case for Snapchat

Both Sides of the Table

Yesterday I wrote a primer on how to use Snapchat for my peer group of “over 30” people who don’t yet “get” Snapchat. Today I want to talk briefly about why I believe Snapchat is an important media company. Snapchat is performing off the hook on all fronts.

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Snapchat Confirms $50M Series C Round

socalTECH

Los Angeles-based Snapchat confirmed it has raised $50M in a Series C funding Wednesday, as the hot, instant photo messaging app developer reportedly turned down a $3 billion offer from Facebook and has decided to continue on as an independent company. Snapchat has now raised $125.0M Snapchat has now raised $125.0M

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Report: Snapchat Acquires Zenly For $250M To $350M

socalTECH

the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock. Zenly is the developer of a social, location sharing app which lets you track where your friends are at any time. Zenly offers up both iOS and Android version of its social location sharing app.

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Report: Snapchat Buys Cimagine Media

socalTECH

the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. Cimaging Media develops augmented reality technology. Venice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012.

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Snapchat Sets Up Shop In Texas

socalTECH

Venice, California-based Snapchat has set up an a new office in Texas, to help it recruit talent to help develop its software, according to a report Tuesday. The report says that Snapchat has opened up an output in Dallas, in part to tap into that area's local tech startup community and low cost of labor.

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Naritiv Raises $3M For Snapchat Content

socalTECH

Los Angeles-based Naritiv , a new startup developing a network of content creators for Snapchat, has raised $3M in a funding round, the company said Thursday. The startup--founded by Dan Altmann and Eric Posen--says it is enabling the creation of mobile-first content for Snapchat and other social network platforms.

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