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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

socalTECH

Venice, California-based Snapchat has begun discussing an IPO with bankers, but has yet to select an investment bank to lead the effort, according to a report on Wednesday. Snapchat reportedly is looking at an IPO towards the end of this year or in early 2017. READ MORE>>.

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Amanda MacNaughton , PromoJam (Glendale, marketing software). Evan Spiegel , SnapChat (Los Angeles, mobile app). Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. Raad Mobrem , Lettuce (Los Angeles, software).

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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

And consider Snapchat – one of our hometown favorites as they’re based in LA (Venice Beach). That’s our great gain as Snapchat has also raised a lot of money at a monster valuation ($10 billion reported) and has been scooping up talented Stanford engineers and relocating them to LA. And then there is public policy.

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