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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. I think startup communities being simple cheerleaders doesn’t help anyone. I started my career at Andersen Consulting (now Accenture) so I went to Chicago many times a year for nearly 9 years.

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Snapchat Confirms $50M Series C Round

socalTECH

Los Angeles-based Snapchat confirmed it has raised $50M in a Series C funding Wednesday, as the hot, instant photo messaging app developer reportedly turned down a $3 billion offer from Facebook and has decided to continue on as an independent company. Snapchat has now raised $125.0M Snapchat has now raised $125.0M

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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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Lawsuit Targets Snapchat Founders, Venture Investors

socalTECH

A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. READ MORE>>.

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How Much Is Snapchat Really Worth?

socalTECH

How much is Los Angeles-based Snapchat really worth? The report last week that Snapchat is raising a new funding round at $3.5 billion--and turned down a $1 billion acquisition offer from Facebook --has some wondering if we''ve returned to 1999-era, dot-com valuations for companies. READ MORE>>.

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch LA

Digital avatar startup Genies , known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.” There’s one trend, which is the virtual trend, which is … I mean, it’s obvious. .

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Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

socalTECH

Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 AllThingsD reports that the firm--which just raised $60M in June --is looking for more money, upping its valuation from $800M to $3.6 billion, according to a report Friday. READ MORE>>.

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