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

socalTECH

For a similar company, with the same metrics and stage, valuations had been tiny. 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. We invest globally, with 20 percent of our funds outside the U.S., I do think the community has made huge strides.

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Interview with Brian Garrett, Crosscut Ventures

socalTECH

In about 2005, I started looking at the local market, and realized that there are not lots of enterprise IT companies here, which is Palomar's focus. We started seeing deals like Intermix, LowerMyBills, Rent.com, Shopzilla--all of these successes started in SoCal--who had not raised money from local investors.

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Top 29 Startup Posts May 2010

SoCal CTO

Unexpected Startup Lesson #1: Quitting the day job - Currently Obsessed , May 10, 2010 This post is the first of a series on “unexpected lessons&# learned through my experience as co-founder and CEO of Snapvine , a venture-backed mobile social networking service founded in 2005 and acquired by WhitePages in June of 2008. Where Do You Fit?

Startup 248