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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. READ MORE>>.

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MoneyTree Report: Southern California Q3 Venture Totals Drop To $663.27M

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billion funding round for Snapchat. The most amount of investment came for the Los Angeles-Long Beach MSA, which saw $247.6M in investments in the quarter, followed by $197.5M Another $28.68M was invested in Santa Barbara-Santa Maria-Lompoc, plus Ventura. for San Diego, then $189.0M in funding in Orange County.

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

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Alon Goren , Invested.in (Los Angeles/Ventura, crowdfunding). Rob Reed , MomentFeed (Los Angeles/Ventura, analytics). Evan Spiegel , SnapChat (Los Angeles, mobile app). Melani Gordon , Taphunter (San Diego, mobile apps). Adam Goldenberg , Intelligent Beauty/JustFab (El Segundo, fashion). Ryan Hudson , Honey (Pasadena, apps).