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Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4

socalTECH

Santa Monica-based Rubicon Project , the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon.

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The Venture Capital Industry: The Current State of Affairs

Jason Nazar

If the limited partners who fund venture firms either a) change the percent of funds they allocate to VCs or b) don’t come through on their capital calls, we’ll all quickly find the venture community becoming drastically constrained. So what does this mean for internet entrepreneurs?

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Thanks to socalTECH's Sponsors and Advertisers!

socalTECH

venture funding and business deals, technology develops, and more from Santa Barbara. It's the source for keeping a pulse on the dynamic world of technology, reaching venture capitalists, angel investors, entrepreneurs, CEOs, social media. Thanks this week to our sponsors and advertisers, which include Clearstone.

SoCalTech 127
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Web 1.0 Entrepreneurs: we are roadkill unless we learn to run as fast as today’s founders.

Steve Reich

As you may have gathered from my blog, I’ve spent the last couple of months visiting with companies and incubators. Get Angel capital and build a prototype. Then get VC funding, rent a cool space, hire a big team, rebuild and relaunch. New companies are being created at stunning speed by today’s founders.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles. There simply are NOT enough venture capital firms in the Southern California. If there were more great companies coming out of LA then it would create more demand for high quality VC firms. It’s a chicken and egg problem.

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