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What Snapchat maker's IPO means for the Los Angeles tech scene

What Snapchat maker's IPO means for the Los Angeles tech scene

Together, Snap Inc.’s 2,000 employees helped turn the Venice start-up into a $37-billion public company. Now, the question is whether they’ll do the same on their own.

The region’s tech community is hoping the wealth unleashed to hundreds of Snap Inc. employees by the third-largest initial public offering in California history spurs them to become entrepreneurs and investors in their own right. Snap employees already are having conversations with venture capitalists to help line up future funding.

“The key ingredients are there: a bunch of young, smart people with good money that are in tight conditions,” said Tamim Mourad, who co-founded four successive local companies in 20...

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