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Among other major 2011 exits listed were RiotGames ($400 million) and HauteLook ($270 million). The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp.
Derek Norton is head of Los Angeles-based Watertower Group (www.watertowergroup.com), a firm which helps companies raise funding, one of the rare companies which has a track record and good reputation helping companies with fundraising, and also runs its own investment fund. Those are two big gaming companies.
Google, Hulu, RiotGames, Demand Media, and many other big name players residing in Silicon Beach, it is no small wonder why many tech startups flock towards the sunny beach-side view. Compared to Silicon Valley, LA only has only about one-tenth of VC investments. With Yahoo!,
Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. Brandon Beck – RiotGames. StarCraft 2 might be the most played eSport currently, but RiotGames’ “League of Legends” is garnering prize pools in the millions.
Cornerstone on Demand brought together the area’s best & brightest for its fourth annual LA Tech Summit , once again hosted at the Fairmont. LA Tech has arrived. CornerstoneInc CEO @amiller29 #latechsummit pic.twitter.com/woEOuVKKzW. — LATech Digest (@LATechDigest) October 25, 2016.
As a serial entrepreneur and Internet visionary, Richard co-founded Demand Media in May 2006, and currently serves as Chairman and Chief Executive Officer. Through Demand Media, Richard is redefining the next generation of new media companies. . Richard Rosenblatt. Leila Chirayath Janah. . Dave McClure. . Rick Heitzmann.
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