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Silicon Beach Reporter Oct. 6: Snapchat Reportedly Preparing for $25B IPO

L.A. Business Journal

Snapchat reportedly preparing for $25 billion initial public offering, Reaction Commerce raises $2.7 million, Rubicon Project hires Google executive as chief product officer, and more

Report: Snap Buys Ad Tech Firm Flite

socalTECH

Venice-based Snap , the parent firm of Snapchat, has acquired San Francisco-based ad technology developer Flite , according to reports this morning. According to recode, the acquisition is an "acquihire", and Snap is using the buy to help bring in new ad technology talent, rather than any software developed by Flite. READ MORE>>.

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

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Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund. READ MORE>>.

Report: Snapchat Nearing 1 Billion In Ad Revenues

socalTECH

A report, published by eMarketer on Tuesday, says that Venice, California-based Snapchat will earn an estimated $1 billion in ad revenues next year. The report predicted that Snapchat will represent 2 percent of social network ad dollars in the US next year. snapchat advertising social networking report estiateREAD MORE>>.

Report: LA Should Emulate San Francisco, NYC For Startup, Tech Efforts

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Tech Agenda report, edited by David C. angeles tech agenda report economic growth garcetti The L.A. READ MORE>>.

Report: Snapchat Raises $175M More

socalTECH

According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. Snapchat has now raised more than $1.2 billion in funding.

Silicon Beach Report Nov. 11: Zealot Networks Draws Suitors

L.A. Business Journal

Zealot Networks draws suitors, Nevada official concerned Faraday Future caught in Ponzi scheme, and Rubicon reports record video advertising surrounding election

Report: Disney Will Not Bid On Twitter

socalTECH

A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. will not make a bid for Twitter , which reportedly has been looking to sell the company. Disney had been reported to be looking at Twitter in September. READ MORE>>. disney twitter merger acquisition rumor investment banking

Silicon Beach Report Jan. 11: SpaceX Explains Plans to Land Three Boosters at Once

L.A. Business Journal

SpaceX explains plans to land three boosters at once, inside LA 2024’s social media strategy for winning the Olympics, and Global Eagle fully rents out a satellite

Silicon Beach Report Dec. 4: Faraday Future Unveils Its Production Car

L.A. Business Journal

Faraday Future Unveils Its Production Car

Silicon Beach Report Dec. 6: J2 Global Acquires Everyday Health for $465M

L.A. Business Journal

J2 Global acquires Everyday Health for $465 million, Aerovironment charger is official accessory to Chevy Bolt EV, and Heal Adds Dick Gephardt to board

Report 52

Report: Flipagram Looking For Buyer

socalTECH

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed. READ MORE>>.

Report: Snapchat Acquires Bitstrips For Around $100M

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Fortune citing multiple sources, says the companies refused to comment on the deal. READ MORE>>.

San Diego Innovation Economy Extended Gains in 2015: Connect Report

Xconomy

That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

Silicon Beach Report Dec. 19: Rubicon Project Tests Tool to Block, Snooze, or Like Ads

L.A. Business Journal

Rubicon Project tests tool to block, snooze, or like ads, Snapchat gives celebrities no special treatment, and Elon Musk proposes a tunneling company

Snapchat Reportedly Preparing for $25B IPO

L.A. Business Journal

is reportedly preparing for a $25 billion initial public offering of its stock this March Snap Inc.

Report: Unilever Eyes The Honest Company

socalTECH

An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? READ MORE>>.

Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The results were so encouraging, we’re doing it again. Such lists can be entirely relative, but I sought to adjust for the capricious effects of subjectivity.

LA Leads In Entrepreneurs, Says Report

socalTECH

The report covers all business entrepreneurs, not just those in the high tech industry. angeles entrepreneurship kauffman report entrepreneur businessThe information came out in the annual index, which showed that while 2010 had a very high startup rate--the highest in 15 years--those new businesses are not generating jobs.

Silicon Beach Report Aug. 19: L.A. Tech Wages Rising Fastest in the Nation

L.A. Business Journal

tech wages rising fastest in the nation, Activision runs Snapchat zombie karaoke lens, and YP hires new CEO

Silicon Beach Report Jan. 12: Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

Venture capital investment in Los Angeles drops, Honest Co. recalls baby powder, Snap Inc. sued for alleged patent infringement, and more

Report: DreamWorks Animation, Comcast In Acquisition Talks

socalTECH

A report this morning from the WSJ says that Glendale-based DreamWorks Animation SKG and Comcast are in talks, where Comcast will pay more than $3 billion for DreamWorks. The WSJ report cited "people familiar with the matter" in its report, which it says will put Comcast up against Walt Disney Co. READ MORE>>.

SPECIAL REPORT: Tech Industry Charges Up Office Market

L.A. Business Journal

The L.A. office market saw a solid third quarter, with the vacancy rate narrowing to 14.8 percent from 16.2 percent in the same period last year, according to data from Jones Lang LaSalle

Music Reports In Expansion

socalTECH

Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. Music Reports is backed by ABRY Partners. music reports musicreports software reporting online expansion jobsREAD MORE>>.

Silicon Beach Report July 27: Edmunds.com Opens Massive New Headquarters

L.A. Business Journal

Edmunds.com opens massive new headquarters, Hyperloop opens manufacturing facility in North Las Vegas, Influential raises $5 million, and more

Report 33

Once High Flying Ouya On Block, Says Reports

socalTECH

Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. OUYA is led by Julie Ehrman. READ MORE>>.

MySetLife Adds Content From Hollywood Reporter, FilmContact.com

socalTECH

mysetlife hollywood reporter producer content filmmaker investedinDetails of the business arrangements with those firms was not announced.

Snapchat Selects Morgan Stanley, Goldman Sachs To Lead IPO, Says Report

socalTECH

Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion. READ MORE>>.

Silicon Beach Report June 29: Avatar to Become Massive Multiplayer Game

L.A. Business Journal

Avatar to become massive multiplayer game, All Def Digital raises $10 million, Snapchat opens Paris office, and more

Tech Coast Angels Number Two In Angel Investments Report

socalTECH

According to the report, the Tech Coast Angels slipped from last year''s number one position, due to the activity of the New York Angels.

Silicon Beach Report Oct. 13: Hyperloop One Raises $50 Million

L.A. Business Journal

Hyperloop One raises $50 million, Soylent tells customers to throw away vomit-inducing bars, Atari’s Nolan Bushnell launches virtual reality company, and more

Silicon Beach Report Dec. 15: Faraday Future's Troubles Mount Ahead of CES Unveiling

L.A. Business Journal

Faraday Future’s unpaid bills are piling up and spurring lawsuits, Chinese firm eyes acquisition of Flipagram, GumGum launches TV signage valuation tool, and more

Report: Amazon Paid $15M For Latest Woody Allen Film

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Amazon.com has paid $15M for the untitled film from Woody Allen , according to the Hollywood Reporter, which said that the amount is more than three times what Woody Allen got for his last film. READ MORE>>. amazon prime instant video content hollywood woody allen director creative movie movies theater

Spokeo Hits 150 Employees, Reports Growth

socalTECH

Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014. READ MORE>>.

Report: Gender Gap In Tech Worst For 18-25 Year Olds

SoCal Tech Calendar

Santa Monica-based salary comparison startup Comparably , which is led by startup veteran Jasaon Nazar, has run a survey of over 10,000 technology employers, to help break down some information about the pay gap between men and women. The startup's survey found that the pay gap is worst for women in the 18 to 25 year old age bracket. READ MORE>>.

Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals

Xconomy

Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. deals (1,796 companies) during the third quarter that ended September 30, according to the inaugural “Venture Monitor” report released today.

MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

socalTECH

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. billion in funding received in the region in Q2. billion funding round for Snapchat. READ MORE>>.

Silicon Beach Report Oct. 28: Six Senior Execs Leave Faraday Future

L.A. Business Journal

Six senior executives leave Faraday Future, Soylent recalls powder after people get sick, and GM’s Maven expands car-sharing network to Los Angeles

Silicon Beach Report Nov. 10: Nasty Gal Files for Bankruptcy

L.A. Business Journal

Nasty Gal files for bankruptcy, Snapchat to launch roving vending machines for its Spectacles, and Greenfly raises $6.2 million

Silicon Beach Report Aug. 3: Machinima Coming to Amazon Prime.

L.A. Business Journal

Sensay raises $4.5 million, Time Warner purchases 10 percent of Hulu, Machinima coming to Amazon Prime, and more

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