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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine. With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation.

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Report: Fidelity Writes Down Investment in Snapchat

socalTECH

A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. It's unclear why Fidelity wrote down the value of its investment in the disappearing messaging service. READ MORE>>.

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Snapchat, R/GA Partner For New Startup Accelerator

socalTECH

the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. , READ MORE>>.

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” We did know about Snapchat as early as anybody. Mostly I wanted the journalist to know: We love Snapchat.

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Who Should be on Your Startup Board?

Both Sides of the Table

Do you need a board when you first start you company? If you haven’t raised any money or if you raised a small round from angels or friends & family I would suggest you avoid setting up a formal board unless the people who would join your board are deeply experienced at sitting on startup boards.

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Disney Accelerator Shows Off First Class Of Startups

socalTECH

The Disney Accelerator , the startup accelerator sponsored by Walt Disney and being run by TechStars, had its demo day Tuesday, showing off the nine companies to emerge out of the accelerator. The Disney Accelerator said that Smart Toy was acquired by Los Angeles-based children''s product firm Cartwheel Kids, and that SnowShoe raised $2.2M

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Infographic: Over $1B Raised in 2013 by Los Angeles Startups

Tech Zulu Event

These figures, among others, indicate LA’s digital startups aren’t simply keeping pace with past years, but exceeding them. JustFab , the ultra-successful fashion membership company, upped the ante with two additional rounds of funding that totaled $55 million. Originally posted by the good people at Built In Los Angeles.