This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today.
This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
Snapchat, The Profitless Company That Spurned $3 Billion, Moves Out Of Venice Beach Headquarters
Snapchat, the beloved sexting app based out of Venice Beach, has left its beachfront headquarters. It's been a huge month for this profitless app as the company recently rejected Facebook's offer to buy the company for a whopping $3 billion on Nov. 13, and is looking for a better deal.
The "Blu House" bungalow featured an adorable, iconic spirit logo on its Ocean Front Walk Ave. spot, a fixture where Angelenos and tourists would come by and snap selfies. It seems only fitting as Snapchat is a messaging app that allows folks to send photos and videos of themselves to friends that disappear once they're viewed. After its start two years ago, it has since garnered popularity as a fun way to share pictures as well as be notoriously used for sexting.
Snapchat signed a lease for bigger digs in Venice Beach out on Market St. back in June, just a half mile block away from the beach, according to L.A. Commercial Real Estate Advantage, and they recently finished their transition. Their new space covers a large 6,000 square foot office. Maybe that means an even bigger friendly ghost logo will pop up soon!
And Snapchat's former Venice Beach HQ is officially lights out and back on the market #siliconbeach #forlease #nologo pic.twitter.com/Hdet34RqQN
— Andy Sternberg (@andysternberg) November 14, 2013
You come to LAist because you want independent reporting and trustworthy local information. Our newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our connected community. We are free to tell the full truth, to hold power to account without fear or favor, and to follow facts wherever they lead. Our only loyalty is to our audiences and our mission: to inform, engage, and strengthen our community.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Senior Vice President News, Editor in Chief
