The failure of #SVB $SIVB will have a HUGE effect on LA’s venture / startup / tech realm; I hope that LABJ & LAT do a deep dive on this and explain in great detail on the local ramifications.
This is happening right outside @Snapchat’s first offices. Squatters (not homeless, squatters) call north of Rose Ave “Methlehem.” @mikebonin@ericgarcetti it is past time to clean this up. (CC: @RadioChio)
This is happening right outside @Snapchat’s first offices. Squatters (not homeless, squatters) call north of Rose Ave “Methlehem.” @mikebonin@ericgarcetti it is past time to clean this up. (CC: @RadioChio)
Per @TheHustle@YouTube is no rookie when it comes to building out creative platforms. In 2019, its creative ecosystem contributed:
•~$16B to the US GDP (equivalent of 345k full-time jobs)
•~$2B to the British GDP (30k jobs)
•~$622m to the French GDP (15k jobs)
Sunday night scoop:
Bird is preparing to merge with Switchback II, a Dallas SPAC.
Value is $2.3 billion, below the $2.85 billion it reached in 2020.
The financials reveal Bird lost $226 million in 2019 and $183 million last year.
dot.la/bird-ipo-26529…
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