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Silicon Beach Report Nov. 9: Snapchat Redesign Scheduled for Dec. 4 Release

L.A. Business Journal

Snapchat redesign scheduled for release on Dec. 4, Disney to price streaming service 'substantially below’ Netflix, and Activision’s ‘Call of Duty’ rakes in $500 million.

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Snap's Price Tag For Zenly: $213.3M

socalTECH

in total consideration representing compensation for future employment services. Snap said it paid $196.1M in purchase consideration, including $186.8M in cash paid to sellers, $9.3M in liabilities due to sellers, and $17.2M Earlier reports had placed the acquisition of Zenly at between $250M to $350M. READ MORE>>.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

Snap invests $150,000 in each Yellow startup for an equity stake, and while the program does not require batch participants to integrate with Snap’s services, the company has used the program to invest in strategic areas that it has also pushed on the product side. Now Su says he’s fielding plenty of augmented reality pitches.

Invest 237
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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. Design a product or service that you can sell. But some of you will surely say “What about Facebook and Snapchat, who focused on growth first and are clearly successful?”

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Why an Atlanta-based Black influencer collective swapped their collab house for a studio

TechCrunch LA

There is an application process and fee for members to join Collab Studio ATL, but the group hopes these costs will be subsidized by partners in the future — they say that the application process is more about assessing the needs about an entrepreneur or creator and what services they require from the space.

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Interview with Lidia Yan, NEXT Trucking

socalTECH

Everyone was on the phone, fighting with drivers over price and things like their availability. We viewed this as a central marketplace which would allow drivers to be put in the driving seat, get paid what they want, go where they want to go, and get paid the market price, and would help solve this issue. We're hiring.

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How to Build a Startup & Understanding Venture Capital

Both Sides of the Table

They started as an elite black-car service and only once they saw Lyft doing well in the peer driving market did they launch UberX. In picking your market you should focus on “deflationary economics” or lowering the price, functionality and margin of your business but targeting ever-increasing market sizes afforded by Internet scale.