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Internet Brands 2009 Acquisition Total: $24.2M

socalTECH

in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. Internet Brands said it had net income of $4.3M The firm's results were helped by increases in consumer Internet advertising revenue and licensing revenues, but hurt by a continuing weakness in its automotive e-commerce efforts.

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Demand Media Reports Profit

socalTECH

in revenues from Q4 of 2009. The firm also reported net income of $1.0M, versus $3.9M in a loss in Q4 of 2009. The firm said the fourth quarter revenues were driven by new brand advertisers, and growth to more than 100 million unique monthly visitors. The firm reported net loss of $5.3M on revenues of $252.9M

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Internet Brands Revenues Grow In Q2

socalTECH

According to Internet Brands, it had net income of $4.6M in net income on revenues of $23.2M in Q2 of 2009. Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. in revenues, up from $2.5M

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Interview with Al Eisaian, IconApps

socalTECH

We built that and put it on the App Store on December 24 of 2009. We've had close to 2 million tasks people have put into there in the last four months, and all this without any PR or advertising, completely organic. All of 2009 was figuring out what people want. What's special about the application?

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Online advertising platform for local businesses; ReachLocal reported over $203 million in revenue for 2009, compared to around $146 million in 2008. Its net income for the 2009 period is $11.66

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2009 Coming To A Close, 2010 Just Around The Corner!

Tech Zulu Event

Advertise and get noticed with us! AudioMicro and TechZulu have partnered up to bring you some of the best Royalty free music and sound effects the net has to offer. The first shirt in our series is a question of authority: When you die, will you trend? . Its like a match made in heaven. .

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Playing the Long Game in Venture Capital

Both Sides of the Table

Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . Case in point, Procore just went public and is trading at an $11 billion valuation. Maker Studios?—?sold