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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. The exit was the eighth highest in the database, according to Ocean Road Partners.

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Southern California Linked IPOs Grow

socalTECH

The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

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Want to Start a Technology Company in LA?

Both Sides of the Table

And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. But we have a great city for building technology companies. LA generally doesn’t have an appetite for this kind of investment at early stages. You don’t. Get over it.

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This Week in VC with Jim Armstrong of Clearstone

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Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy. We also talked about Elevation Partners who invested in Palm and how this deal really salvaged their investment, which was a VERY big bet on Palm.

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Twiistup 6 Highlights

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Out is the “cocktail only&# Twiistup and in is the new format of a conference that should take its rightful place on the national technology calendar. We are a city unique in merging the world’s best content with digital media and technology expertise. Tags: SoCal Stuff LA SoCal startup technology.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

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I’m just not sure you can build a great technology firm outside of Bay Area.&#. In my LA I often see computer screens open with entrepreneurs talking about digital media. When you’re one fund and have $600 million to invest it’s easier to take that kind of risk. million in SF Bay Area ).