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Snap Raises $3.4B in IPO, Soaring Trades Set Value Past $20B

Xconomy

Snap, which rose to unicorn status based on a social media app that creates quickly vanishing photos, attracted solid investor interest in an IPO that raised $3.4 The $17 initial offering price valued the company at about $24 billion , a number that has since risen with the Venice, CA, company’s share price shooting above.

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Los Angeles Tech Launched - Hot List

SoCal CTO

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Silicon Beach Fest Approaches! #SBF

Tech Zulu Event

However, TechZulu will be doing an official pre-event on Tuesday June 17th with our #TZTechCrawl in Venice. Its that time of the year again! Silicon Beach Fest will kicks off next week from June 18 – 21. For those who may be wondering with Silicon Beach Fest is (and you should know by know!).

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

The first-ever Silicon Beach Fest attracted more than 2,000 attendees from LA, San Francisco, San Diego, Santa Barbara, New York, Toronto, and London to celebrate LA startups and entertainment with panels, parties, pitch fests, hackathon, and beach games: volleyball, basketball and surfing lessons in Santa Monica and Venice on June 21-23, 2012.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

There is a feeling that techies are the new celebrities," says Eric Kuhn, an agent who heads the social-media department at United Talent Agency. Venices median home price in the first eight months of 2012 broke the $1 million barrier, rising to $1,012,000 from $899,000 in the first eight months of 2011. VENICE RISING.