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Snapchat Reportedly Near Acquisition Of Vurb For $110M

socalTECH

Venice-based Snapchat is reportedly near a $110M acquisition of mobile search startup Vurb , according to reports. Neither Snapchat nor Vurb have yet confirmed the deal, which apparently has yet to be signed. The original report cited a "person famliar with the deal". 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's Big Winners: Spiegel, Murphy, Laskey, Benchmark, Lightspeed

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Of particular note is the involvement of Laskey, who made his first fortune with another, Southern California mobile app maker--Jamdat Mobile--which he took public in 2004, and later sold to EA in 2006 for $680M. on Wednesday afternoon?

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Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Of particular note is the involvement of Lasky, who made his first fortune with another, Southern California mobile app maker--Jamdat Mobile--which he took public in 2004, and later sold to EA in 2006 for $680M. on Wednesday afternoon?

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

We've been quite active, and have had a bunch of acquisitions lately -- including Internet Brands and MySpace -- a total of over 2 billion in acquisition in Southern California. There are big companies being build around the mobile phone. We're working with a company in Venice Beach which is trying to solve that problem.

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Crosscut Ventures: Tapping Into The Promise of Silicon Beach, with Brian Garrett

socalTECH

That's where we're at, and we include software-as-a-service, e-commerce, ad-tech, mobile marketplaces, and gaming as our companies. Any lessons you've learned about the acquisition process, given your recent exits? For the new entrepreneurs, what's the best way to approach you?

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

Both Sides of the Table

This method was perfected by Gil Elbaz and his team at Applied Semantics in LA and in what some have called “ the most important acquisition ever made by Google ” they acquired the company for $102 million before Google had even IPO’d.