One year ago, Congress defunded public media. Now that we're 100% community funded, please become a sustaining member or increase your existing membership 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
One year ago, Congress voted to defund public media, eliminating a critical $1.7 million from our budget every year going forward. But they couldn’t silence us, and we’re not going anywhere. LAist is now 100% community funded and that means we’re taking our future into our own hands and turning to you to keep local reporting strong.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Senior Vice President News, Editor in Chief
