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Snapchat will make Los Angeles a stronger tech hub

TechCrunch LA

It’s quite possible that Snapchat could do the same for L.A. Column Social TC Los Angeles Snapchat PayPal Mafia Evan Spiegel

Report: Snapchat Raises $175M More

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

Three SoCal Startups That Beat Snapchat To $100M In Revenues

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Venice-based Snapchat might be the darling of the technology startup scene, but there are at least three, privately held startups--and maybe, more--in Southern California who recently passed $100M in revenues, according to a look through recent announcements. acquisition merger revenues steelhouse advertising openx market thrive snapchat

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Snapchat Confirms Acquisition Of Bitmoji

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Venice-based Snapchat has confirmed its acquisition of Bitmoji, the developer of software which lets people create their own, personalized "emoji", which they can insert into Snapchat. The company--which announced the deal via a comic strip on Tuesday--said Bitmoji's team has joined Snapchat as part of the deal. READ MORE>>.

Naritiv Raises $3M For Snapchat Content

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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. READ MORE>>.

Snapchat Names Former Pandora CTO As VP

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Venice-based Snapchat has named Tom Conrad, the former CTO of Pandora, as its new VP of Product, the company disclosed on Wednesday. snapchat pandora product executiveConrad--who is based in the Bay Area--was CTO at Pandora between 2004 and 2014. READ MORE>>.

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

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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>>.

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. 1. Snapchat can do this in spades.

Report: Snapchat Nearing 1 Billion In Ad Revenues

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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>>.

Snapchat Opening Office In Seattle

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Venice, California-based social messaging service Snapchat is opening up an office in Seattle, and plans to hire at least 50 staffers in the Rain City. According to a report , Snapchat has leased 8,000 square feet in the city, part of a quest to find more technical talent for the company. READ MORE>>.

Snapchat Sued By Ex Employee

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Venice, California-based Snap, Inc. , the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors. snapchat legal lawsuit merger acquisition anthony pompliano court facebookThe lawsuit was filed on Wednesday. READ MORE>>.

Google Unveils Backing For Snap Inc., As Snapchat's Founders Prep For IPO

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has confirmed it is a backer of Snap, Inc. , the parent company of Snapchat. Snapchat is reportedly hoping to have an IPO as early as March. snapchat snap merger acquisition google capital capitalgGoogle Capital , the late stage investment firm owned by Google parent Alphabet, Inc., READ MORE>>.

Report: Snapchat Only Had $3M In Revenues Between January and November of 2014

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Venice-based instant messaging startup Snapchat , arguably Southern California's highest visibility "unicorn" startups, had a mere $3M in revenues between January and November of 2014, according to leaked documents published on Gawker. Snapchat was most recently reported to have a valuation north of $16 billion. READ MORE>>.

Report: Snapchat Looking To Raise $4 Billion In IPO

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Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. Snapchat is in the midst of an IPO effort being led by Morgan Stanley and Goldman Sachs Group. READ MORE>>.

Snapchat Reportedly Near Acquisition Of Vurb For $110M

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Venice-based Snapchat is reportedly near a $110M acquisition of mobile search startup Vurb , according to reports. Neither Snapchat nor Vurb have yet confirmed the deal, which apparently has yet to be signed. snapchat vurb merger acquisition search mobile discoveryThe original report cited a "person famliar with the deal".

Snapchat Rolls Out Security Updates

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Snapchat had announced plans for the update after an embarassing security breach which exposed 4.6 READ MORE>>.

Snapchat Theme Drives New Playboy Issue

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playboy snapchat texting sexting publishing content photo sarah mcdanielREAD MORE>>.

Snapchat Eyes IPO

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Venice-based Snapchat , the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. The plans for an IPO are not a surprise, given the ultra high valuation that Snapchat has been getting in its latest private funding rounds.

Report: Snapchat Expects $300M To $350M In Revenue In 2016

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Venice, California-based Snapchat reportedly is hoping to generate between $300M and $350M in revenue this year, according to a report published Tuesday. Snapchat--which has yet to publicly announce financials--apparently hit a "$100M run rate", but not actual yearly revenue, in Q4 of last year. snapchat revenues growth

Snapchat Taps Former Facebook Exec For Ad Efforts

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Venice, California-based Snapchat has hired on Facebook executive Sriram Krishnan, who had headed up Facebook's ad network for the last few years, according to a report on Monday. snapchat facebook executive advertising network videoREAD MORE>>.

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

Silicon Beach Report Feb. 20: Whatsapp Updates with Snapchat-Like Vanishing Content

L.A. Business Journal

WhatsApp updates with Snapchat-like vanishing content, SpaceX lands its latest Falcon 9 rocket booster, media buying on Snapchat confuses advertisers, and more

Snapchat Settles With Reggie Brown Over Idea For Startup

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Venice, California-based Snapchat said Tuesday that it has settled a dispute with Reggie Brown , the fellow Stanford University student who had claimed that he came up with the idea for Snapchat. snapchat lawsuit reggie brown legal settlement social media Terms of the settlement were not disclosed. READ MORE>>.

Why on Earth Would Anybody Post Business Videos on Snapchat?

Both Sides of the Table

You can follow me on Snapchat at msuster. Snapchat for my “original run” and I’ll also store each video to be watched later. On Medium.,

Snapchat Confirms $50M Series C Round

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Snapchat has now raised $125.0M in funding. messaging photo instant startup mobile social capital venture snapchat READ MORE>>.

Silicon Beach Report Feb. 16: Tinder Acquires Snapchat-Like App Wheel

L.A. Business Journal

Tinder acquires Snapchat-like app Wheel, Snap Inc. aims to raise as much as $3.2 billion in IPO, and Disney’s Maker Studios is eyeing layoffs

Silicon Beach Report Jan. 27: About 30 Percent of Brand Accounts on Snapchat Are Dormant

L.A. Business Journal

About 30 percent of brand accounts on Snapchat are dormant, Virtualitics raises $3M to Visualize data in VR and AR, and SpaceX runs Hyperloop contest this weekend

Snapchat: 35 Employees, Great Place To Work

socalTECH

In the video, Snapchat''s employees -- of which there are 35 -- talk about working at Snapchat and in Venice. video embedded below).

Snapchat Targets News Discovery With Discover Feature

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The new tool might help Snapchat become a serious player in directing young, mobile users to professional news sources. READ MORE>>.

Report: Snapchat Seeking $500M In New Funding, Valued At $19 Billion

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Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. snapchat venture capital investment instant social messaging rumor READ MORE>>.

Silicon Beach Report Jan. 16: Snapchat IPO Investors Won’t Get Voting Power

L.A. Business Journal

Snapchat IPO investors won’t get voting power, Wilcon plans to wire downtown Los Angeles to aid increased cell demand, DirecTV Now customer complaints growing, and more

Silicon Beach Report Nov. 4: Snapchat Founders Add Share to Maintain Control After IPO

L.A. Business Journal

Snapchat founders add class of shares to maintain control after IPO, website optimizer Zarget raises $6 million, and Snapchat launches a ‘Snapshow’ with Jimmy Fallon

Southern California's Billion Dollar Startup Trio: SpaceX, Snapchat, Beats

socalTECH

Along with SpaceX, Southern California includes Snapchat ($2.0 billion dollar startups venture capital exit merger acquisition spacex snapchat beats Think Silicon Valley has a lock on billion dollar startups? billion dollar valuation at its last round. billion); Beats Electronics ($1.0 billion). READ MORE>>.

Introducing Snapstorms.com. Why, oh, why Snapchat?

Both Sides of the Table

For the past few months I’ve been doing nearly daily “Snapstorms” or short videos with startup advice released on Snapchat. LOVE writing.

Snapchat Targets News Discovery With New Feature

socalTECH

Venice, California-based Snapchat --already an indispensable communications tool for the always-on, mobile generation--is looking to become an even more important part of its user''s lives, with a new feature it calls Discover. snapchat news information social media socialmedia discovery publisher publishing Launch video embed below.

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Silicon Beach Report Aug. 5: Facebook Launches Snapchat-Like Camera

L.A. Business Journal

Facebook launches Snapchat-like camera, Wave VR raises to $2.5 million, Disney Channel launches short-form movies online, and more

Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

socalTECH

Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 billion.

Silicon Beach Report July 19: Snapchat Confirms Bitstrips Acquisition

L.A. Business Journal

Snapchat confirms Bitstrips acquisition, Hyperloop One hits back at former executives, DreamWorks inks virtual reality deal, and more

Snapchat Message Linked To Teen Murder

socalTECH

Venice-based instant messaging app developer Snapchat is at the center of a murder investigation in Mount Pleasant, South Carolina, after a teen allegedly stabbed and killed his girlfriend over a message sent via the service. stabbing legal murder crime teenager teen snapchat READ MORE>>.

Pop culture stimulates the evolution of the LA tech scene

TechCrunch LA

Column Startups TC Los Angeles thrive market tradesy Snapchat The Honest Company Tinder mobcrush Riot Games wevr randy newman nextvr dollar shave clu