socalTECH

AUGUST 10, 2017

Venice-based Snap Inc. announced its quarterly results for its second quarter, saying that it had a net loss of $443.0M 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. READ MORE>>.

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socalTECH

AUGUST 5, 2019

What's behind the turnaround in the online ad business of Venice-based Snap ? billion in net worldwide ad revenue this year, a 30% increase over 2018, according to the CNBC report. According to a report from CNBC , a new Chief Business Officer--Jeremi Gorman--has completely changed Snap's advertising business.

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Report Snapchat Venice .Net 113

socalTECH

FEBRUARY 16, 2017

Venice, California-based Snap Inc. , Snap said it is planning to sell as many as 230,000,000 shares of its stock, which would net it around $3.68 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 and $16.00

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Snapchat Venice .Net Pricing 113

Both Sides of the Table

JUNE 8, 2014

A move to more urban environments (SF over SV, Cambridge over Waltham, London over Thames Valley, Santa Monica / Venice, Flatiron and so forth) as basically young people want to live where young people want to live. So the startup work moves to where the startup founders live and not vice versa. I wish every city could have an 1871.

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socalTECH

MARCH 4, 2015

Forbes published its ranking of all of the world''s billionaires this week, with an interesting addition: the co-founders of Venice, California-based Snapchat. Evan Spiegal , the 24-year old CEO of Snapchat, was the youngest billionaire on the list, wiith an estimated net worth of $1.5 billion net worth.

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Snapchat Southern California .Net Social Network 100

socalTECH

MAY 2, 2018

Venice-based Snap , the parent company of Snapchat, missed its estimated revenue targets in Q1, reporting revenues of $230.7M The company reported a net loss of $385.8M versus and expected $244.5M for the quarter, and an adjusted negative EBITDA of $217.8M.

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Snapchat Venice .Net Report 100

socalTECH

NOVEMBER 8, 2017

Venice, California-based Snap is set to see a punishing day on Wall Street, after reporting poorer than expected third quarter results last night, including poor user growth and sales. Shap continues to lose money, hand over first, reporting it had a net loss of $443.1M on Tuesday to around $13.33

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