Remove .Net Remove Invest Remove Snapchat Remove Venture Capital
article thumbnail

Snap Raises $250M From Saudi Family

socalTECH

the parent company of Snapchat , has raised $250M in the publicly held company from the Saudi royal family. Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M

Venice 100
article thumbnail

Should Startups Care About Profitability?

Both Sides of the Table

Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. Do you imagine eventually raising VC and trying to build a faster growing company?” They raised $5 million in venture capital to fund growth. The VC-backed businesses sometimes “blow up.” Two-f **g-billion! What a disaster!

Startup 227
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Both Sides of the Table

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” billion in venture capital to LA’s technology startups and 2014 will shatter that figure.

article thumbnail

Interview with Derek Norton, Watertower Ventures

socalTECH

Earlier this week, Derek Norton , a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). I hate to put us into the pre-seed and seed area, so I am saying literally, first institutional capital.

Invest 145
article thumbnail

How Well Versed Are You In Startup Investor Jargon?

Startup Professionals Musings

Prime examples include Uber, Airbnb and Snapchat. People are even talking about “decacorns" -- investable companies with net worth now exceeding $10 billion -- like Dropbox and Pinterest. Seed-round investment. Super-angel investors (micro-VCs). Could your startup be the next one? Frothy startup valuations.

Startup 57
article thumbnail

How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

Changes in the Software World & in Venture Capital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware. I don’t need to tell you what else is LA … SnapChat, Whisper, Tinder. KickStarter?

Startup 390