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

socalTECH

The company--which priced at $17.00 Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's high tech ecosystem. Venice-based Snap Inc. had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 billion each.

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

socalTECH

It appears that IPO season has just opened in Southern California's high tech community, with more IPO activity in the last couple of weeks than the region has seen in the last year, including an IPO in the works for Ventura-based The Trade Desk , which just set its estimated IPO range ; another for Everbridge , which was started in Glendale, also (..)

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SoCal Investors To Benefit, As Pandora Bumps IPO Estimates

socalTECH

Pandora Media , the online personalized radio station service based out of Oakland, has bumped its estimated IPO pricing range this morning, and upped the number of shares it is planning to offer in its IPO. The firm said it will now offer 14,684,000 shares, estimated to price at between $10.00 per share estimated price.

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Energy Innovations' Assets On The Block

socalTECH

Energy Innovations had originally been targeting the residential market with its CPV panels, which it had expected to be more efficient and cheaper than conventional solar panels; however, the firm failed to deliver its products before prices for PV modules dropped due to economies of scale, plus competition from China and thin film modules.

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Thanks to our sponsors!

socalTECH

Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. Yarnell Design (www.masonyarnell.com/tech). www.socalip.com) Focused on high tech's unique need - Pragmatic cost-effective IP portfolio management - U.S. Safire Partners (www.safirepartners.com). Technology.

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What Mattered in 2012: Howard Marks, StartEngine

socalTECH

For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. 12 major acquisitions this year putting it over 100 since 05. We are going to see a real explosion in companies offering software for a subscription price.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. PRICE FIGHTS. With some caveats, ICER recommended lower prices. Shares immediately fell more than 40 percent. —The U.S.