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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

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billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. In the last month alone (ie not captures in the $1.5

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Snap Sets Initial Estimated IPO Range, Seeks Up To $3.6 Billion In IPO

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the parent company of Snapchat , has set its estimated initial IPO pricing, saying this morning in a filing that it estimates its initial public offering price at betwen $14.00 Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68 Venice, California-based Snap Inc. , and $16.00

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

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The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's high tech ecosystem. The company--which priced at $17.00 per share last night--opened at $23.71 billion each. READ MORE>>.

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Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

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Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Lasky joined Snapchat's board in 2013. Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. on Wednesday afternoon? billion in stock. READ MORE>>.

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Snap's Big Winners: Spiegel, Murphy, Laskey, Benchmark, Lightspeed

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Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock.

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Should Startups Care About Profitability?

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Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. Amazon is continuing to grow at such a rapid pace that of course it should take some of today’s profits and reinvest them in growth (or acquisitions). Two-f **g-billion! What a disaster! Except that they didn’t actually lose $2 billion in cash.