socalTECH
JULY 24, 2019
the parent company of Snapchat , says its daily active users (DAU) increased by 8 percent year-over-year, to 203 million users. The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter.
socalTECH
APRIL 24, 2019
the parent firm of Snapchat , reported its quarterly results on Tuesday afternoon, saying that its daily active users (DAU) increased by 2 percent quarter-to-quarter, to 190 million. However, Snap continues to post steep losses, saying it had a net loss of $310M in Q1 of 2019, on revenues of $320M. Santa Monica-based Snap Inc. ,
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socalTECH
FEBRUARY 16, 2017
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 Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68 Venice, California-based Snap Inc. , and $16.00
socalTECH
NOVEMBER 8, 2017
Shap continues to lose money, hand over first, reporting it had a net loss of $443.1M SNAP CEO Evan Spiegel said on Tuesday the company is planning a big redesign of its Snapchat app, to broaden appeal of its app to new users. SNAP was already down around 12 percent in pre-market trading on Wednesday, falling from a close of $15.12
socalTECH
AUGUST 10, 2017
announced its quarterly results for its second quarter, saying that it had a net loss of $443.0M Venice-based Snap Inc. on revenues of $181.67M for the quarter ended June 30th, 2017. The company's revenues increased from Q2 of 2016, when it had $71.798M in revenues. According to Snap, it now had daily active users (DAUs) of 173 million in Q2.
Both Sides of the Table
OCTOBER 8, 2014
billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. He built & IPOd Demand Media. In the last month alone (ie not captures in the $1.5 What Has Given Birth to This New Movement in LA? .
socalTECH
MARCH 16, 2017
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). Derek Norton: I just closed on a new fund, worth $5M, which I raised from a group of high net worth, high profile LPs.
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