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

socalTECH

How about mergers and acquisitions? I think that the market was, however, hotter two years ago, when companies were buying more aggressively, and there was lots of pent-up demand. If you go back to 2005 and 2006 and look at a company which would have a $5M pre- then, it''s now $8 to $10M, all else equal. READ MORE>>.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Richard Rosenblatt – Demand Media. A SoCal native and graduate of both UCLA and USC, Richard Rosenblatt led the growth of MySpace from an unknown to a household name. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. socaltech socal socalcto