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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

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billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. A new report released today tallies up $7.7

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News Corp. In Repeat With Sale To Local Tech Firm

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spends hundreds of millions of dollars on a media property, runs it for about seven years, and then decides to unload that same property for a fraction of the price it paid to a Southern California technology--not media--company. acquired IGN in September of 2005, for $650M. Does this sound familiar?

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It's Official: Ross Levinsohn Out At Yahoo

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The move might actually be a positive one for Southern California, given that Levinsohn had been pulled away from investing and helping Southern California startups in 2010, when he was tapped by then Yahoo CEO Carol Bartz to aid Yahoo. Levinsohn has not said what he'll do next after his stint as Yahoo CEO.

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Cheers Gains $2.5M To Spread Happiness, Joy

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Cheers actually has a pair of iPhone apps -- one, Cheers, is aimed at sharing "good in your life", the other, "Gripe" calls itself the "Better Business Bureau for the age of social media". Mohit is one of the pioneers of the Southern California high tech industry, having founded Bizrate back in 1995, based on his thesis at Wharton.

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

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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>>.

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LowerMyBills' Coffin Joins Venture Firm

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Matt Coffin , the founder of Los Angeles-based LowerMyBills and an active angel investor in Southern California, has joined venture capital firm Split Rock Partners as a Venture Advisor, the venture firm said this week. Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M.

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Reflections on 2016: Rob Freelen, Silicon Valley Bank

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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Other examples include media tech companies ZEFR and GumGum � both having record years and positioned extremely well for continued growth in 2017.