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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.
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 […].
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>>.
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.
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>>.
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.
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
The increase in sales bring the overall growth in the e-commerce sector closer to the gains the sector was seeing in 2007 and early 2008, before the sector was impacted by the economic downturn. However, the results have not yet reached the level of Q2 and Q3 of 2007, when e-commerce saw 23 percent growth in both quarters.
Oversee.net bought LowFares.com in January of 2007. LowFares.com also said it is now getting more than 4 million unique visitors per month to the site. LowFares.com is managed by Greg Samson. READ MORE>>.
The company was founded in 2007. Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, News Corp., Peacock Equity Fund, Stanford University, and the University of California Berkeley. READ MORE>>. growth realtime exchange advertising online project rubicon'
It helped me avoid chasing deals (and a house) in 2007/08 and it led to GRP’s fastest pace of investment in many years in the first three quarters of 2009 at a time when many others weren’t investing. But imagine a VC that did 12 deals per year in 2006, 2007 & 2008. The deal was done in late 2007.
The Fox Audience Network was created in 2007 as a spinout of MySpace. Los Angeles-based social networking site MySpace , which is a unit of News Corporation, said late Monday that it is integrating the Fox Audience Network (FAN) directly with MySpace. Fox Audience Network is News Corp's ad serving unit. READ MORE>>.
Websense said that Addison Avenue had actually been using the firm since 2007, but decided to roll out the solution further as part of a $4.75 San Diego-based Websense , the developer of web security tools, reports today that it has been selected by Addison Avenue Federal Credit Union, to safeguard data for the credit union's 38 branches.
LogicBuy was founded in 2007 by Thai Than. Financial terms of the buy were not disclosed. Ziff Davis said that LogicBuy.com had over 10 million visitors in 2010, and provides deals and coupons on technology products and services. READ MORE>>.
Cahn has been at Oversee since December of 2007, when Oversee.net acquired Moniker. Los Angeles-based Oversee.net , the operator of domain monetization and Internet marketing sites, said Friday that Moniker founder Monte Cahn will be leaving the firm. READ MORE>>.
Oversee.net had acquired Moniker in January of 2008, and SnapNames in June of 2007. KeyDrive S.A. is a provider of domain registration, monetization, and aftermarket services based in Luxembourg. READ MORE>>.
Amgen has been providing grants to the schools since 2007. Amgen said the grant goes to MLA Partner Schools, an effort which looks to prepare children from South Los Angeles for college and life. The effort is being run within the area of West Adaps Prep and Manual Arts. READ MORE>>.
It''s been a long road for Rubicon''s backers, who first invested in the company back in 2007, when Clearstone Ventures invested in Rubicon''s Series A funding. Rubicon--which priced at $15.00 per share last night--was trading as high as $20.44 per share on its first morning as RUBI. and Mayfield. Clearstone owned about 24.0% READ MORE>>.
billion in deals, the highest since the financial crisis started in late 2007. According to a report from Ernst & Young, the second quarter of 2011 saw 140 potential IPOs, representing $23.7 California had 25 companies in registration as of Q2, with eight companies in Southern California.
Business.com had been the latest success for Southern California entrepreneur Jake Weinbaum, who built the firm from a domain name into a firm with over $50M in revenues in 2007. The firm did not say how the shutdown will affect the Santa Monica operations of Business.com.
However, Intuit Financial Services--which was Digital Insight until Intuit's acquisition in 2007--also said that it also discovered that half of Americans are still just using spreadsheets and checkbook registers to manage their finance.
Never was that more clear than in this short, but tear-inducing post from 2007 by Aaron Swartz , who you probably know took his life last week at the full-life-in-front-of-him-but-didn’t-feel-that-way age of 26. But of course life isn’t like this. We all face demons and stress.
Rahmat was CEO of Tom's Hardware, which he sold to BestofMedia in 2007. Pourzanjani founded PriceGrabber and sold it to Experian in 2005 for $485M, and is among one of the active angel investors in Los Angeles. He currently heads up BestCovery.com. READ MORE>>.
Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week. Private equity firm Providence Equity Partners has sold its 10 percent stake in Hulu , the firm said Friday morning, getting a nice return on its investment in the online video streaming site.
The firm filed the patent in March of 2007, and it was granted earlier this week on January 25th. According to the U.S. Patent and Trademark Office, inventors on the patent include Ray Grieselhuber, Brian Bartell, Dema Zlotin, and Russ Mann. Covario was represented by Cooley LLP in the patent filing.
Local.com's new patent was filed in April of 2007; inventors named on the patent are Roger B. Krillion's site offers up a product search service which show prices and availability of products in local stores based on a user's location. Spreen, Michael S. Robertson, Michael J. Van Riper, and James J. READ MORE>>.
Zarley served as CEO of valueClick from 1999 to May of 2007, chairman between May of 2007 to April 2010, and then back to CEO and President since April of 2010. No reason for the change was given by the company, and ValueClick said there would be no change to either Mr. Giuliani's or Mr. Zarley's compensation as part of the move.
Jeff Green is a serial entrepreneur, who sold his last company--AdECN--to Microsoft, back in 2007. The company said it has more than doubled in size in the last 12 months, and opened up offices in Singapore, Sydney, Australia, and Hamburg Germany, in addition to its Ventura and New York offices. READ MORE>>.
Ten years ago this week--on November 3, 2007--the self driving car revolution was launched in Southern California--in all places, Victorville, at the DARPA Urban Challenge. Image: one of the competitors, Terramax, in the DARPA Grand Challenge in 2007. READ MORE>>.
The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. READ MORE>>.
The firm last raised funding way back in 2007. My Damn Channel is headed by Rob Barnett, who was last at MTV, VH1, and CBS, and Warren Chao, formerly a VC at Intel Capital, and who also has served at TV Guide and Wilson Sonsini, Goodrich & Rosati. The firm also has operations in New York. READ MORE>>.
2001–2007: THE BUILDING YEARS The dot com bubble had burst. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). Until we weren’t. Nobody cared about our valuations any more.
In 2007, my company negotiated an unprecedented marketing agreement with Verizon to sell their FiOS and in turn their technicians in the field would refer Make It Work services to their customers. As a fellow TEDster recently said, “I want to correct something i just said. Being wrong does feel like something.
Citing two people with "knowledge of the matter", Bloomberg said Providence had originally invested $100M in 2007, and will be paid $200M for its 10 percent share of the video streaming site. No details on the deal have been announced. Hulu's other owners are Walt Disney Co., Comcast Corp., and News Corp.
I know Coull intimately, as it recently purchased RevUpNet , an online media agency which I Co-Founded with Ben Kiblinger in 2007. In 2007, Microsoft loudly proclaimed the creation of clickable video ads. Founded in 2007, GumGum has become the largest in-image ad platform. Such embedded video ads are not new.
Six months ago Upfront Ventures announced its first Partner hire since 2007 – Greg Bettinelli. I wrote about him here. More importantly, he has just announced his first investment – he led a $7 million investment in Deliv – please read about it on Greg’s spiffy new blog.
Digital Insight had been acquired by Intuit back in 2007. NCR Corporation said it paid $1.65 billion for Digital Insight from Thoma Bravo, which just bought Digital Insight in July from Intuit for $1.025 billion. NCR said the buy will help it form a "complete enterprise software platform" for the banking industry. READ MORE>>.
Paul replaces Tom Fuelling, who had been at Hulu since 2007. Los Angeles-based streaming television site Hulu announced late Friday that it has named Elaine Paul as its new CFO. Paul was previously SVP of Corporate Strategy at Disney, and also had worked at the Walt Disney Internet Group.
Nimble--which develops web-based, social contact management software--said the Outlook connection comes via Phi-solutions, which connects Outlook 2007 and Outlook 2010 contacts into rich social profiles on Nimble.
High Gear Media had been founded in 2007. Financial terms of the buy were not disclosed. High Gear Media''s automotive publications include The Car Connection , Motor Authority , and Green Car Reports. Internet Brands was acquired itself earlier this year, by private equity firm KKR. READ MORE>>.
SET Media has offices in San Franciso and New York, and was founded in 2007. Financial details of the acquisition were not announced. Conversant said it will use the buy to strengthen its technology stack and portfolio. READ MORE>>. conversant media digital technology video merger acquisition advertising'
Matze sold Okapi in 2003 to Overland, and Siafu to Hifn in 2007, and was most recently VP of Storage Systems Products at Exar, Inc. Matze, who was involved in developing the iSCSI protocol, was the founder of both Siafu and Okapi Software.
Vcheck Global is headed by Michael Adams; its chairman is Shai Stern, who founded Vintage Filings, which he sold to PR Newswire back in 2007. The provider of business-to-business due diligence and background check services said the growth came from the securities industry, financial services, and factoring institutions. READ MORE>>.
The NYTimes has been running its educational efforts since September of 2007. According to the two, they will offer classes in architecture, arts management, business, cinematic arts, communications, medicine and politics for the fall 2011 semester, via the New York Times Knowledge Network.
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