Good morning. It’s Thursday, March 2, and here’s what’s happening across California:
Oodles of cash
The company behind Snapchat has generated the largest initial public offering in Southern California history. After raising $3.4 billion, the company Snap Inc. is valued at $23.8 billion. Los Angeles Times
Plus: Evan Spiegel, the Snapchat founder and CEO, is a native of the Pacific Palisades. Here’s the story of how the...