What Does Snapchat's IPO Mean for L.A.'s Silicon Beach?

KQED | By Queena Kim

Published March 2, 2017 at 3:50 AM PST

There's a new listing on the New York Stock Exchange this morning: Snap Inc, owner of Snapchat. The Venice Beach-based messaging app priced its IPO at $17 a share, the largest debut since Ali-baba in 2014.