article thumbnail

AnaptysBio Sets Estimated IPO Pricing Range

socalTECH

San Diego-based AnaptysBio , which develops antibodies for treating inflammation, has set its estimated IPO pricing range, saying on Tuesday that it expects to price its IPO at between $14.00 and $16.00 The company is selling 4,000,000 shares of its common stock on the NASDAQ Global Select Market as ANAB. as early as Thursday.

Pricing 100
article thumbnail

Snap Raises $250M From Saudi Family

socalTECH

Venice-based Snap Inc. , Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M percent stake in the company. READ MORE>>.

Venice 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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>>.

Snapchat 100
article thumbnail

Snapchat's Latest Funding Round Hits $1.8 Billion

SoCal Tech Calendar

Venice, California-based Snapchat has raised $1.8 Rowe Price, Lone Pine, Glade Brook Capital, IVP, Coatue Management and Fidelity are involved in this latest funding. Details on the round have not been announced. READ MORE>>.

Snapchat 113
article thumbnail

GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

Santa Monica is the place where the highest concentration of early-stage startups are created if you consider also the contiguous geography of Venice Beach. Like many modern VCs, we’re committed to investing in the community and in our portfolio companies. We chose a location that fit our style. See what we did there?

Funding 343
article thumbnail

How to Out Amazon, Amazon

Both Sides of the Table

If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it. In Venice, California they opened a “Parachute Hotel” that let consumers experience the product for a night in a world-class location.

Product 296
article thumbnail

Crosscut Ventures: Tapping Into The Promise of Silicon Beach, with Brian Garrett

socalTECH

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. Any change to your investment thesis from your last funds?