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Why John Frankel Leaned in Early on Klout and Cornerstone OnDemand and What He Sees Next

Both Sides of the Table

From this debate about Klout John and I have had a series of in person meetings and debates about our industry (both VC & tech) and what is changing. But note that he was equally early and passionate about Cornerstone OnDemand and it’s now trading at a $1.6 2:00 Why don’t you like the term VC?

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Midas List: Cornerstone OnDemand, Green Dot Help VCs

socalTECH

However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Miachel Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot ), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand ).

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Cornerstone OnDemand Raises $300M From Silver Lake

socalTECH

Santa Monica-based enterprise software developer Cornerstone OnDemand has raised $300M in a strategic investment from private equity investor Silver Lake, according to the company. In conjunction with the investment, publicly held Cornerstone OnDemand said it will launch a $100M share repurchase program. READ MORE>>.

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Cornerstone OnDemand Backs Rallyteam, Founded By Former VP

socalTECH

Los Angeles-based Cornerstone OnDemand is one of the investors in a new startup, Rallyteam , whic is developing software to help match their employees to skills, experiences, and interests. Rallyteam's CEO is David Somers, who previously was VP of Global Alliances and Strategic Initiatives at Cornerstone OnDemand.

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Cornerstone OnDemand Launches Incubator & Innovation Fund

Tech Zulu Event

Los Angeles-based cloud-based talent management software solutions firm with over 13 million users, Cornerstone OnDemand has launched Cornerstone Innovation Fund , to invest in disruptive LA-based cloud startups building cutting-edge solutions for organizations. Applications to the fund are now open and available online here.

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Forbes Midas List Gives Cold Shoulder To SoCal VCs

socalTECH

Sequoia Capital''s Douglas Leone, was placed at number six for his role in funding San Diego''s ServiceNow ; Bessemer''s Byron Deeter was ranked #36 due to his role in funding Santa Monica''s Cornerstone OnDemand ; Stephen Jurveston, of Draper Fisher Jurvetson, was ranked at #59 for his investment in Hawthorne-based SpaceX.

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SoCal Venture Capitalists Shut Out Of Midas List

socalTECH

Forbes Magazine has just published its annual Midas List , its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California's venture capital community was shut out of the list entirely. READ MORE>>.