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Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.

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Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy

Xconomy

As of the end of 2015, Pernix reported a headcount of 274. million in net revenue last year, its highest sales mark since becoming a public company in 2010, according to its annual report. million in net revenue last year, its highest sales mark since becoming a public company in 2010, according to its annual report.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). The news that Ynon Kreiz is joining to run the company as Executive Chairman was first reported by Peter Kafka at AllThingsD (and later picked up by Variety , AdWeek and several other traditional media outlets.

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American Immigration: The Invisible Wall to Innovation

Tech Zulu Event

Even investors and experienced founders are caught in the same net as recently educated graduates looking to build companies. soil,” as reported on by Wired Magazine’s Caleb Garling. Take the U.S. category E visa for investors as a prime example of the recent troubles. Wired goes on to tell us “this is more than just an idea.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Around $400 billion of imports & exports pass through the LA ports each year, which set the national high-water mark in 2012. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. Commerce: What is less known is just how important LA is as a commerce hub. ”).

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Developments Blog. October 5, 2012. In March of last year, Matt Jacobson, head of market development at Facebook, paid $10.9 If youre buying a luxury home or just like looking at them, check out this live chat from reporter Lauren Schuker Blum and WSJ.com real estate editor Matthew Strozier. Loading… Real Estate.