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

socalTECH

Venice, California-based Snap Inc. , Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68 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 and $16.00

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

socalTECH

Venice-based Snap Inc. The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 per share in early morning trading--up more than 43%. The company--which priced at $17.00 billion each.

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

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. 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 on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock.

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

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. 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 on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock.

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

Both Sides of the Table

This method was perfected by Gil Elbaz and his team at Applied Semantics in LA and in what some have called “ the most important acquisition ever made by Google ” they acquired the company for $102 million before Google had even IPO’d. ”).

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

The narrow, 3-mile strip of land that runs from Santa Monica through Venice, and is now stretching down to Playa Vista, has been dubbed "Silicon Beach" due to the heavy concentration of Internet companies and executives there. VENICE RISING. Venice: 13% | L.A. More than 600 tech start-ups have sprung up in L.A. Derek Wooden.