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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

socalTECH

Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017. READ MORE>>.

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Down bad

TechCrunch LA

Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. As Celsius accelerates the crypto sell-off, who pays the price?

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Could Facebook’s Crypto Break Financial System? Congress Airs Fears

Xconomy

In late 2017, a federal watchdog unit assigned a working group to keep an eye on cryptocurrencies such as Bitcoin, and to sound an alert if those alternate currencies showed signs of becoming a risk to the stability of the US financial system. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

Yet as we enter February 2017 the VC funding markets are booming, Snap, Inc has filed for its IPO, AppDynamics was just purchased for $3.7 But the reality is that “global warming” massively blunted the effects of winter and my prognosis for VC fundings of entrepreneurs in 2017–2018 is now very sunny indeed. billion into Uber.

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10 Positive Signs For Starting Your Own Business Now

Startup Professionals Musings

Statistica reports that almost 20 percent more companies went public in 2018 versus 2017. Investors are showing an increased appetite for new stocks, with a good percentage of deals pricing above the marketed share price range. The investment thesis has shifted from “growth at all costs” to “growth with fundamentals.”

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10 Signs That The Age Of The Entrepreneur Is Here Now

Startup Professionals Musings

According to the 2017 Kauffman Startup Activity Index , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity reached 86 percent, more than 12 percentage points higher than in 2009 at the height of the Great Recession. Initial Public Offerings (IPO) are back as an exit strategy.

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The Station: Canoo hits the road, Coup shutters and Samsung shifts

TechCrunch LA

I’m your host, Kirsten Korosec, senior transportation reporter at TechCrunch. This week, TechCrunch reporter Romain Dillet reported that Coup, a wholly owned subsidiary of Bosch that operates an electric moped scooter-sharing service in Berlin, Paris and Madrid, is shutting down. Subscriptions are so hot right now.