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Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Of particular note is the involvement of Laskey, who made his first fortune with another, Southern California mobile app maker--Jamdat Mobile--which he took public in 2004, and later sold to EA in 2006 for $680M. on Wednesday afternoon?
Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Of particular note is the involvement of Lasky, who made his first fortune with another, Southern California mobile app maker--Jamdat Mobile--which he took public in 2004, and later sold to EA in 2006 for $680M. on Wednesday afternoon?
It's a great sign that a lot of those businesses are here in L, and getting snapped up at a good price. That's where we're at, and we include software-as-a-service, e-commerce, ad-tech, mobile marketplaces, and gaming as our companies. The buyers within those ecosystems and sectors are looking to find new avenues for growth and profit.
Over the past decade we’ve had high-profile exits at many companies that pioneered monetization techniques now used across the web including Commission Junction, Value Click, ShopZilla, Price Grabber, LowerMyBills and a newer breed including Invoca, Burstly, Shift, Rubicon Project, Gravity, Convertro, Retention Science and so forth.
Locally, Google is getting into the content game itself creating hundreds of celebrity driven channels and setting up shop all over Venice to produce content in preparation for this new world. With the rapid trajectory of tablet devices purchased in the past few years, media and mobile companies are scrambling to create new apps for them.
billion and sent shares up more than 50 percent above the initial offering price during the first day of trading today. Snap (NYSE: SNAP ) priced its IPO shares at $17, higher than the $14 to $16 range it estimated in an SEC filing last month.
Prices are soaring in the beachfront communities tech types favor, and rents in these. The narrow, 3-mile strip of land that runs from Santa Monica through Venice, and is now stretching down to Playa Vista, has been dubbed "Silicon Beach" due to the heavy concentration of Internet companies and executives there. VENICE RISING.
Nominees: Back on Topps (Jason Sklar, Randy Sklar, Eric Friedman, Matt Price) Dorm Life (Chris Smith, Jordan Riggs, Jessie Gaskell, Jack De Sena, Jim Brandon, Brian Singleton, Mark Stewart Iverson) The Legend of Neil (Tony Janning, Sandeep Parikh) The Guild (Felicia Day) Wainy Days (David Wain).
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