24 Jun '13, 7am

Silicon Beach Sundays: Venice-based Snapchat Raises $80M on a $880M Valuation #startups @Snapchat

One of the hottest startups in LA’s Silicon Beach right now is SnapChat an app for sharing moments with friends. 50 million snaps are taken every single day and it is now being valued at $800 million dollars based on a recent $80 million dollar raise from Institutional Venture Partners (source – TechCrunch ). The startup is based in Venice which is located between Santa Monica and Marina del Rey and they don’t work out of some giant office building, that’s really not very, well, Venice. Instead they work out of this awesome blue beach house: Another $80M brings Snapchat’s total funding up to $96 million dollars and with an $880 million dollar valuation the and money in the bank everyone is wondering what will Snapchat do next? For app makers with such rapid user growth reaching new audiences is critical, investors want to see more users coming on every single month. I’ve h...

Full article: http://morganlinton.com/venice-based-snapchat-raises-80m-...

Tweets

if only singapore beach is like this

twitter.com 02 Jul '13, 11am

When you tweet with a location, Twitter stores that location. You can switch location on/off before each Tweet and always ...

Solexel, SunPower-Backed Thin Silicon Startup, Gets $14.8M in VC

Solexel, SunPower-Backed Thin Silicon Startup, ...

greentechmedia.com 23 Jun '13, 8pm

Solexel is hoping to mass produce 35-micron-thick, high-performance, low-cost mono-crystalline solar cells using a lift-of...