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

socalTECH

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.

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

Both Sides of the Table

They estimate that high-tech work contributes $108.3 What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. They estimate that high-tech work contributes $108.3 billion.