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

socalTECH

The company--which priced at $17.00 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. Venice-based Snap Inc. billion each.

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

Both Sides of the Table

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. They estimate that high-tech work contributes $108.3 They estimate that high-tech work contributes $108.3