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Southern California Firms Get $587.0M In Venture Capital In Q2

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in venture capital investments in Q2 2013 across Southern California, spread across 80 deals. However, venture dollars invested were above Q1, when Southern California saw $569.1M Southern California dropped to fourth in terms of investments in the region versus other high tech centers, behind Silicon Valley ($2.6

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Google Hiring Frenzy Skips SoCal, So Far

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Despite the announcement this week that Google has plans to hire more than 30,000 employees by the beginning of next year, and reports today that it was overwhelmed with over 75,000 job applications this week, those plans do not appear to have yet impacted Google's jobs listings in Southern California. READ MORE>>.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

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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. READ MORE>>. snapchat merger acquisition exit facebook tencent mobile'

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NextSpace Expands Beyond California With New Funding, Chicago Acquisition

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The coworking trend--which started in part in Southern California and its high tech startup ecosystem--looks to be spreading East, with news this week that NextSpace has raised $500,000 and acquired a Chicago company, to establish its first coworking site outside of California.

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Snap Sees IPO Pop, Surges To Over $25.00 Per Share In Early Trading

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Venice-based Snap Inc. Snap, the parent company of Snapchat , is now the largest ever IPO to debut out of Southern California's high tech ecosystem. had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 The company--which priced at $17.00

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What Mattered in 2012: Paul Bricault, Amplify LA

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For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. Paul Bricault is Managing Partner at Amplify LA (Www.amplify.la), a hands-on startup accelerator and co-working and community space in Venice. READ MORE>>.

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

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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.

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