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Yahoo Planning Big Investment In Snapchat, Says Report

socalTECH

Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

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Snapchat Snags Investment Banker For Strategy Position

socalTECH

Venice-based messaging app developer Snapchat has hired a high profile, technology investment banker onto its team, the company disclosed Monday. Snapchat has hired Imran Khan, who had most recently been head of Internet banking at Credit Suisse, as its Chief Startegy Officer. Morgan Chase & Co. as an analyst. READ MORE>>.

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Report: Fidelity Writes Down Investment in Snapchat

socalTECH

A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round.

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Half Lives. Social Media. And Snapchat Stories.

Both Sides of the Table

I began experimenting with time-of-day, number of Tweets, headline text, etc and learned a ton about usage patterns of Twitter and I even invested in a social media analytics company called Awe.sm, an influencer network called Adly and a data firehose company called Datasift (who now powers the Facebook Topics feed). Think about that.

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IVP: We Love LA, So We Invested In Snapchat

socalTECH

A lot of heads turned Monday after Venice-based Snapchat , the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. Why did lead investor IVP invest in what most local investors shied away from? snapchat venture capital investment valuation jamdat'

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Snapchat Aims At March IPO, Says Report

socalTECH

otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. Snapchat has been rumored to have been working on an IPO for several months now, and had been looking to choose an investment bank for the offering earlier this year. Venice-based instant messaging company Snap Inc.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. Snap investment Hardworkers. Yellow investment SketchAR. Earlier Yellow bets skewed more toward content investments as Snapchat was scaling Discover.

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