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
AUGUST 6, 2015
Topping the list at #15 was Elon Musk , who splits his time between Los Angeles and Silicon Valley, with a net worth of $13.9 billion; David Sun and John Tu , the co-founders of Fountain Valley-based Kingston Technology, shared the spot at #41, with a net worth of $4.5 billion in net worth. billion in net worth.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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
Both Sides of the Table
OCTOBER 8, 2014
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. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. billion dollars of regional GDP.
Both Sides of the Table
JUNE 17, 2017
Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. The first company represents a normal software company that sells its products directly (either via sales staff or directly off of the internet). Two-f **g-billion! What a disaster! Except that they didn’t actually lose $2 billion in cash.
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. Growth hackers are the marketing equivalent of clever software hackers and are highly respected by investors. Frothy startup valuations.
Both Sides of the Table
JUNE 8, 2014
To build applications we needed databases (Oracle), browsers (Netscape), servers (Sun Microsystems), storage (EMC), security (Semantic), application servers (Apache), caching software, load balancers, hosting facilities, programming languages and methods, CDNs, DSL equipment, Wifi routers and so forth. And then the world changed. KickStarter?
Expert insights. Personalized for you.
113 
Let's personalize your content