socalTECH

MARCH 2, 2017

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.

Southern California 100

Southern California Snapchat High Tech Venice 100

InfoChachkie

JULY 11, 2011

The nature of the company’s business model requires it to fund certain costs before it is paid by its customers. Thus, even though the company is cash flow positive, its growth is constrained by the amount of payables it can fund. Consistent with the advice I outline in Free Advice Worth Half The Price , I was paid solely in equity.

Equity 235

Equity Startup Invest Funding 235

InfoChachkie

OCTOBER 27, 2010

Would-be suitors often swoop in and make unsolicited offers that would result in the Founders becoming paper “Millionaires.” A similar experience occurred at a cloud computing company where I acted as an addVisor. The Million Dollar Question is often posed before the company has raised money from institutional investors.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124

InfoChachkie

OCTOBER 27, 2010

Would-be suitors often swoop in and make unsolicited offers that would result in the Founders becoming paper “Millionaires.” A similar experience occurred at a cloud computing company where I acted as an addVisor. The Million Dollar Question is often posed before the company has raised money from institutional investors.

Entrepreneur 124

Entrepreneur Acquisition Pricing .Net 124