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Los Angeles-based online media firm Tsavo Media , which was founded by Mike Jones, founder of Userplane and current co-President of MySpace, has been sold for $75M to a Canadian firm. According to Toronto-based Cyberplex , it is acquiring Tsavo and its 300 consumer websites for $75M. Tsavo was backed by American Capital.
The new owner of former Los Angeles startup Tsavo Media , Canadian-firm Cyberplex , said today that it is looking for "strategic alternatives" for the unit of the firm, after a fiasco involving Yahoo's traffic quality reporting system. Cyberplex said that Tsavo Media was informed that it will be required to pay Yahoo approximately $4.8
Santa Monica-based Tsavo , the online media company which owns Manolith, Twirlit, Kidglue, and Nibbledish, has lost its Vice President of Product and Design, Mike Macadaan. Macadaan is well known in the Los Angeles technology community for creating and running Twiistup, the popular Los Angeles technology networking and startup showcase event.
Los Angeles-based DONE! Padnos sold BetterPPC in September of 2008 to Tsavo Media, the startup which was started by current MySpace president Michael Jones. Ventures , the Internet marketing firm headed by Ben Padnos , the former founder of BetterPPC, said today that it has received a trial date in its lawsuit against NBC Universal.
Sean Percival , the founder of Wittlebee and former MySpace, Tsavo Media, Docstoc, and Mahalo executive, has surfaced at hyperlocal news site Topix as VP of Marketing. Percival, who had been very visible in the Los Angeles technology scene, had left Los Angeles in July seeking new pastures.
Los Angeles-based Ranker , the online service which allows anyone to list and rank things on any topic, said today that it has named Mani Dhillon as Chief Operating Officer, and tapped former MySpace CEO Michael Jones for its board. Ranker said it is now getting around 4.5 million monthly unique visitors. READ MORE>>.
According to a complaint filed in Los Angeles Superior Court last Thursday, NBC Universal had agreed to sell Women.com and Women.net for one million dollars to DONE!, but then was overruled by NBC Universal President & CEO Jeff Zucker. Padnos also has served at Yahoo!
Los Angeles-based Sometrics , a developer of analytics tools for online game developers, announced today that it has appointed Steve Schepke as its Vice President of Business Development. Schepke was most recently Agency General Manager for Tsavo Media, and has also previously served at Commission Junction and Proceed Interactive.
AudioMicro , the Los Angeles-based online marketplace for royalty-free music and sound effects, said today that it has acquired Manhattan Beach-based Audioo , an online voicemail sharing service which was founded by Ben Padnos. Financial terms of the acquisition were not disclosed. Yuri Baranov, President of Audioo, becomes COO of both firms.
News Corporation said a few minutes ago that it has added two new executives at MySpace , and is tapping Tsavo Media's Michael Jones as Chief Operating Officer and Sling Media's Jason Hirschhorn as Chief Product Officer. Both are in Los Angeles. READ MORE>>.
The site had originally been conceived as a Los Angeles version of the popular Silicon Valley blog Valleywag--at least, according to Sean in conversations with socalTECH over the years--looking to cover the re-emerging Los Angeles technology scene. Tags: angeles news blog gossip percival sean laurie lalawag. READ MORE>>.
Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.
Los Angeles-based Sometrics , a developer of analytics tools for online game developers, announced today that it has appointed Steve Schepke as its Vice President of Business Development. Schepke was most recently Agency General Manager for Tsavo Media, and has also previously served at Commission Junction and Proceed Interactive.
He’s had multiple exits and also advises private startups (his company Userplane sold to AOL for nearly $40 million and Tsavo Media drew a cool $75 million from Cyberplex ). Which is why, perhaps, Jones has foregone the pure investor route to instead focus on Science , his new accelerator and tech studio in Santa Monica, California.
The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. Scott Sangster , President at Tech Coast Angels (Los Angeles)/CEO at OrganicStartup. There will be plenty of FREE Pizza and drinks! Grab your tickets here: We have an amazing treat for all you out there.
Twiistup , the popular Los Angeles technology showcase and networking event started by Mike Macadaan, is announcing today that the event has been sold to a undisclosed, private investor. Financial details of the ownership change were not disclosed. The event's new producer for the events is Francisco Dao.
Mike Jones , Investor and Advisor Located In Los Angeles. A serial Internet entrepreneur, Mike has founded and sold numerous businesses, including agency PBJ Digital, application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media and Myspace. Alex Maleki , Member of New Venture Group at Idealab.
He is Los Angeles's most active angel investor with more than $2.5B I believe we can expect a change in venture capital, with different ways of looking at early stage company value, and new ways to empower networks to participate in the growth of their respective products. He is also a long-time entrepreneur. READ MORE>>.
He is Los Angeles's most active angel investor with more than $2.5B Lastly, the United States overall relations with China and their ever-growing influence on our technology industry will be vital to consider in the coming year. Mike Jones is an internet executive, investor and strategic advisor and CEO of Science, Inc.
Mike Jones is an Internet executive, investor and advisor located in Los Angeles. A serial Internet entrepreneur, Mike has founded and sold numerous businesses, including agency PBJ Digital, application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media and Myspace. mt) Media Temple, Inc.
My dear friend Debbie Landa, supreme queen of DealMaker Media is hosting another kick ass event in Los Angeles, and… I’M GIVING AWAY A TICKET TO THE EVENT (keep reading below). VC Outlook 2009: If You Need Funding You’re Fuc%ed ( or are you ) - Candid Talks with VCs in Los Angeles. Speakers: Mike Jones , CEO, Tsavo.
One of the recent trends in the technology industry here in Los Angeles is the use of "coworking" spaces--flexible workspaces where companies can rent open office space. Jerome Change: A couple of the typical clients here are Tsavo Media, the new company from Michael Jones and Twiistup founder Mike Macadaan.
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