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Tinder Boosts Earnings for Parent Match Group

L.A. Business Journal

Dating app owner Match Group reported an estimated 16% annual increase in net income in fiscal 2019, due largely to Tinder, its highest-performing subsidiary.

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Snap Sees Daily Active Users Increase In Q2

socalTECH

The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter. Santa Monica-based Snap Inc. , READ MORE>>.

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Veritone Picks Up $6.5M In PPP Loans

socalTECH

Veritone has over 300 employees and had 2019 net revenues of $49.6M. The loans are part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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Growth Capital Conference

SoCal Tech Calendar

Thursday, October 24, 2019 -- Growth Capital Conference. Pitch to and Network with invvestors: Angels, VCs High Net Worths,Strategic Partners and 100 entrepreneurs needing capital. DEAL DISPLAYtm showcases growing firms needing capital and counsel.View products, videos, online demos.Hot Networking Breakfast at 7:00 AM sharp!

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Growth Capital Conference

SoCal Tech Calendar

Thursday, July 25, 2019 -- Pitch to and Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital and counsel. View products, videos, online demos. Hot Networking Breakfast at 7:00am sharp! See [link] (more)

Capital 100
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Growth Capital Conference

SoCal Tech Calendar

Thursday, January 31, 2019 -- Growth Capital Conference. Pitch to and Network with Investors: Angels,VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. See [link].

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Snap Sees Active User Increase, But Still Seeing Steep Losses

socalTECH

However, Snap continues to post steep losses, saying it had a net loss of $310M in Q1 of 2019, on revenues of $320M. Santa Monica-based Snap Inc. , the parent firm of Snapchat , reported its quarterly results on Tuesday afternoon, saying that its daily active users (DAU) increased by 2 percent quarter-to-quarter, to 190 million.

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