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Silicon Beach Report July 7: Snapchat Hit with Indecency Class Action

L.A. Business Journal

Snapchat hit with indecency class action, J2 Global may be outbid for Gawker Media, Buzzfeed Motion Pictures show tops iTunes, and more.

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Snapchat Sued Over Obscene Snapchat Discover Links

socalTECH

Venice-based Snapchat has been sued in a class action lawsuit , over what the lawsuit says are obscene news stories published via Snapchat Discover. The lawsuit alleges "willful and intentional violations" of the Communications Decency Act by Snapchat in linking to media partners such as Buzzfeed, Vice, and MTV. READ MORE>>.

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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

One big factor that is helping to push the VC markets is that frankly many other asset classes don’t have the return profiles asset managers desire given the perpetually low interest rates and 77% of LPs & VCs we surveyed felt this was a significant contributor to the booming VC markets. This chart surprised me the most.