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. Santa Monica-based Snap Inc. , READ MORE>>.

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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

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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

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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.

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Startup Professionals Musings

MARCH 16, 2016

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. This term is used to describe non-traditional ways to incent growth such as social-media and viral marketing.

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