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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).

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Interview with Ilya Pozin, Cofounder of Pluto TV

socalTECH

In January, Los Angeles-based Pluto TV (www.pluto.tv) was acquired by Viacom for $340M, one of the largest acquisition deals so far in the region this year. When I got to LA after I graduated from college in 2005, I pursued it full time, and we quickly grew that company to over $5M in revenues a year, without any kind of funding.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). I first met Ethan in 2005. RedBeacon went on to sell to HomeDepot in what was considered a very successful acquisition on all sides.

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Surveying SoCal's M&A Landscape, with David Siemer

socalTECH

We caught up with David Siemer , both an investment banker who runs Siemer & Associates (www.siemer.com) and an early stage investor here with Siemer Ventures (www.siemervc.com), to get his thoughts on the subject. How about mergers and acquisitions? We invest globally, with 20 percent of our funds outside the U.S.,

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

What would it take in investments to acquire and retain traffic to support these businesses? After a year in the market, MakeSpace was growing rapidly and our biggest issue was CAC (customer acquisition costs) relative to payback period (when we get our marketing investment back) and relative to LTV (lifetime value).

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Tech startup accelerators dot the landscape, feeding investments into the waiting arms of the nation’s most intelligent and driven entrepreneurs. is a good monthly investment? Richard Rosenblatt – Demand Media. You might know Demand Media better as the people behind Cracked, DailyPuppy, and GolfLink.

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This Week in VC with Mo Koyfman of Spark Capital

Both Sides of the Table

Spark Capital is relatively new to VC (founded in 2005) yet has become one of the hottest new VCs having invested in Twitter, Tumblr, AdMeld, Boxee, KickApps and many more companies. New funding will be applied toward user acquisition and to expand into new product categories (gourmet food, wine and new services).