socalTECH
JULY 17, 2018
The reported a net loss of $17.765M on net revenues of $5.87M for its year ended December 31, 2017. RA Medical Systems said it filed to trade under the symbol RMED. The IPO is being underwritten by Piper Jaffray, Cantor, SunTrust Robinson Humphrey, and Nomura. READ MORE>>.
socalTECH
MAY 2, 2018
Venice-based Snap , the parent company of Snapchat, missed its estimated revenue targets in Q1, reporting revenues of $230.7M consensus estimate by analysts, as the company reported issues due to the controversial user interface changes at the company during the quarter. The company reported a net loss of $385.8M
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socalTECH
MAY 5, 2017
Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado. on revenues of $27.238M. READ MORE>>.
socalTECH
FEBRUARY 13, 2019
The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 billion it had in revenues for 2017. Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. bllion, up from the $7.02
socalTECH
NOVEMBER 8, 2017
Venice, California-based Snap is set to see a punishing day on Wall Street, after reporting poorer than expected third quarter results last night, including poor user growth and sales. Shap continues to lose money, hand over first, reporting it had a net loss of $443.1M on Tuesday to around $13.33
SoCal Tech Calendar
SEPTEMBER 21, 2017
Tuesday, September 26, 2017 -- How To Get Your Startup Funded - Tips From Entrepreneur and Renowed Angel Investor Jason Calacanis. Jason Calacanis founded Silicon Alley Reporter, Weblogs Inc, Mahalo, and Inside.com. He turned down a $20 million offer for Silicon Alley Reporter.
Tech.Co
APRIL 11, 2018
Areas such as Oakland and San Francisco saw rent increases as high as 40 percent between 2015 and 2017. Plenty of workers have had enough: In the final quarter of 2017, according to real estate company Redfin , more residents left San Francisco than any other major U.S. LinkedIn’s April report on the state of the U.S.
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