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Report: IPOs On Track For Best Year Since 2007, But Only One Q3 Area Tech IPO

socalTECH

A new report today, issued by E&Y, says that the global IPO market is on track to be the best year since 2007. However, local numbers show only one technology related IPO in the local market-- Sienna Biopharmaceuticals in Westlake Village.

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The dinner that destroyed Gawker

TechCrunch LA

Peter Thiel’s vague idea to do something about Gawker, the site that had outed him as gay in 2007, was concretized into conspiracy on April 6, 2011. This is an excerpt from Ryan Holiday’s new book Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue, available now. It began unremarkably, when Thiel traveled […].

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Goodreads Acquired By Amazon.com

socalTECH

Goodreads was started in 2007. Goodreads was venture backed by True Ventures, Mike Jones (now at Science, Inc.), James Currier, Michael Birch, Chris Michel, and Stan Chudnovsky. Amazon.com says that Goodreads now has more than 16 million members. READ MORE>>.

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Did Twitter Kill the Blogger Star?

Both Sides of the Table

When Twitter first became popular with niche crowds in 2007 it seemed to take hold initially with bloggers. I have started blogging again having taken a hiatus since 2007 (actually, I was initially embargoed by Salesforce.com who didn’t want me blogging after they acquired my company). So what gives? Thank you, Twitter.

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Clearstone Tops CalPERS IRR List

socalTECH

percent IRR for the La Jolla fund, vintage year 2007. Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. , a 1999-vintage fund from Santa Monica-based Clearstone, which had an IRR of 154.7 Second on the returns list was Avalon Ventures VIII, L.P. READ MORE>>.

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What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). 5 million was always the classic definition of an A-round between the late nineties (crazy financings aside) and say 2007.

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Amazon's New AutoRip Converts CDs To MP3, Echoes AnywhereCD

socalTECH

com pioneer Michael Robertson, which had offered pretty much the identical functionality back in 2007. The service is suprisingly close to AnywhereCD , the now defunct San Diego startup started by MP3.com

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