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Snap Sets Initial Estimated IPO Range, Seeks Up To $3.6 Billion In IPO

socalTECH

Venice, California-based Snap Inc. , 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

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Snap Raises $250M From Saudi Family

socalTECH

Venice-based Snap Inc. , 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 percent stake in the company. READ MORE>>.

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

socalTECH

Venice-based Snap Inc. 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 The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 per share in early morning trading--up more than 43%.

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Snap's Big Winners: Spiegel, Murphy, Laskey, Benchmark, Lightspeed

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock.

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Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 on Wednesday afternoon? billion each in SNAP's publicly traded stock. billion in stock.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Prices are soaring in the beachfront communities tech types favor, and rents in these. The narrow, 3-mile strip of land that runs from Santa Monica through Venice, and is now stretching down to Playa Vista, has been dubbed "Silicon Beach" due to the heavy concentration of Internet companies and executives there. VENICE RISING.

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

Both Sides of the Table

Over the past decade we’ve had high-profile exits at many companies that pioneered monetization techniques now used across the web including Commission Junction, Value Click, ShopZilla, Price Grabber, LowerMyBills and a newer breed including Invoca, Burstly, Shift, Rubicon Project, Gravity, Convertro, Retention Science and so forth.