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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

socalTECH

The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California. READ MORE>>.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

socalTECH

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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

socalTECH

had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 per share in early morning trading--up more than 43%. per share, and was heading up with only a few minutes on the trading day. Venice-based Snap Inc. The company--which priced at $17.00 billion each.

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Reflections on 2020: Nick Hedges, MomentFeed

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. In 2020, the pandemic radically changed the customer acquisition process for many consumer-facing industries. What are you most looking forward to in the technology/startup world in 2021?

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. They estimate that high-tech work contributes $108.3 Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

I filled up with 20 people pretty quickly and realized this schedule was masochistic. TWTFelipe and I ended up speaking for nearly 30 minutes and we talked mostly about why his company was based in Canada and not the US. Felipe grew up in Brazil. So he decided to start his company in Canada. But I have some.

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Thanks to our sponsors!

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Startups Made Simple. Stradling Yocca Carlson & Rauth (www.sycr.com) Sponsoring socalTECH's Orange County High Tech Report. Yarnell Design (www.masonyarnell.com/tech). Tech Coast Angels Fast Pitch - February 24th - UCLA. Fast Pitch Los Angeles is one of the best start up networking events of the year.