article thumbnail

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

socalTECH

That''s true of many Southern California ad-tech companies. For California investments in general, the funding has kicked up pretty remarkaably. 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. The problem is diseconomy of scale.

article thumbnail

Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reflections on 2019: Brett Brewer, Crosscut Ventures

socalTECH

We went out on a limb in a competitive category with Wheels, and we did it because we believed in the founders. Second, this was a great year for the broader Southern California tech ecosystem. in 2005 for $680M. LA took a leadership position in five critical areas: health tech, content 2.0, After leaving News Corp.,

article thumbnail

Interview with Richard Sussman, NordicEye

socalTECH

We talked with Richard about NordicEye's $30M fund, its interests in Los Angeles, and why a Nordic venture capital firm has its eyes on Southern California's technology startups. In Europe, over fifty percent of all the unicorns that have come out of Europe since 2005 have come from the Nordics.

article thumbnail

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

Both Sides of the Table

I first met Ethan in 2005. In the same year they won Business Insider’s Startup competition. So the team set out to solve the “chicken or the egg” problem by onboarding > 1,000 high-quality merchants across 50 service categories while going deep in two micro-areas within LA as our test market. Nice sweep!

CTO Coach 359
article thumbnail

Interview with Mark Suster, GRP Partners

socalTECH

We'd like to be one of the most prominent investors in Southern California. An A-round investment in the late 90's, or even in 2005/2006, or 2007, was a $5-8M check. So, I took ten great entrepreneurs, ten great mentors, and ten great VCs--I say 10, even through there ended up being thirteen of each and create this group.

article thumbnail

Interview with Kanaan Jemili, uCast Global

socalTECH

He saw that the industry was being disrupted globally, and actually started with the idea of building a new company that could be scalable, and flexible, and offer delivery of that content at competitive pricing. Kanaan Jemili: I have been in Southern California for more than 18 years. Who are your core customers? I have a Ph.D.

Content 113