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Report: Snapchat Turns Down $3 Billion Offer From Facebook

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In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. READ MORE>>. snapchat merger acquisition exit facebook tencent mobile'

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Santa Monica Tech Community Grows, As Another Tech Law Firm Sets Up Shop

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High tech startups--and the service providers who serve the industry--are continuing to cluster along Santa Monica's Third Street Promenade, as Stubbs, Alderton & Markiles LLP , one of the Los Angeles legal firms focused on the high tech market, announced a grand opening date for a new office on the 3rd Street Promenade.

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Snap Sees IPO Pop, Surges To Over $25.00 Per Share In Early Trading

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Venice-based Snap Inc. Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's high tech ecosystem. had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 per share in early morning trading--up more than 43%.

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What Mattered in 2012: Paul Bricault, Amplify LA

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For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. Paul Bricault is Managing Partner at Amplify LA (Www.amplify.la), a hands-on startup accelerator and co-working and community space in Venice. READ MORE>>.

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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

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Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017.

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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

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The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California.

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Snapchat's Spectacles Bot Makes Its First Move

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Looking to buy one of Snapchat's new high tech Spectacles ? The Snapbot--there's only one, so far--was most recently in Venice, not far from Snapchat's headquarters--but now appears to be en route to another location. The new product, from Snapchat parent Snap Inc.,

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