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Report: Snapchat Discussing IPO With Bankers, Eyes IPO Next Year

socalTECH

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. Another $28.68M was invested in Santa Barbara-Santa Maria-Lompoc, plus Ventura. Q2 fundings in Southern California were much higher, due to a giant $1.27 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

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

socalTECH

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).

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Two SoCal IPOs On IPO Calendar For This Month

socalTECH

Two, Southern California tech companies-- The Trade Desk , based in Ventura, and Everbridge , which has major operations and was founded in Glendale--are on tap for IPOs this month, according to the NASDAQ's upcoming IPO calendar. READ MORE>>.