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Quest Software Loses CEO

socalTECH

Aliso Viejo-based Quest Software said Tuesday afternoon that CEO and President Doug Garn has stepped down. Quest said that Garn is stepping down due to "pressing health issues." Smith had served as CEO of Quest from 1997 to 2008. Smith had served as CEO of Quest from 1997 to 2008. Garn had been CEO for three years.

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Hacking Prevention— IPv6 and Secure Coding Practices

SoCal Tech Calendar

Tuesday, October 28, 2008 -- CommNexus presents Hacking Prevention— IPv6 and Secure Coding Practices. Mr. Jay McGuerty with SAIC will demonstrate some of the vulnerabilities inherent in the current RFCs for IPv6, and Javier Godinez will review the most common coding errors seen at SAIC. See [link] (more).

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Bestcovery.com Rolls Out Web Widget

socalTECH

Santa Monica-based Bestcovery.com , an online expert review and ranking site headed by former Pricegrabber.com co-founder and CEO, Kamran Pourzanjani, said today that it has rolled out a new widget which will allow web publishers to display its content. Bestcovery was started in 2008, and has 8 employees. READ MORE>>.

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E-Commerce Spendings Grows 13 Percent In Q3, Says Report

socalTECH

E-commerce spending has been rising since Q4 of 2009, after stalling out over issues with the economy in 2008 and early 2009. comScore said the best performing segments online were digital content and subscriptions, event tickets, jewelry and watches, consumer electronics, and computer software. billion on e-commerce in Q4.

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ServiceNow Tops Job Creation List

socalTECH

San Diego-based enterprise software developer ServiceNow has been ranked the top job creator in a listing from Inc. Magazine, the company reported today. The company added 792 jobs during the three period. The company said it was number six among all companies in California, and number 14 in the overall top 100.

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LeisureLink Formally Launches ABetterStay.com

socalTECH

The site has been in beta mode since 2008. LeisureLink is a provider of online software used to distribute specialty lodging listings to travel sites; the firm said in September that it had been seeing an uptick in its revenues due to ABetterStay.com, which takes LeisureLink's inventory direct to consumers. READ MORE>>.

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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. Between 2006–2008 I sold both companies that I had started and became a VC. 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).