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Study: Angel Investments Drop In 2008

socalTECH

The Angel Capital Association reported this week that investing activity by angel investments groups dropped by nine percent between 2008 and 2007, and 40 percent of angel groups expect overall investment to decrease again this year. Individual group totals were not broken out.

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Praying to the God of Valuation

Both Sides of the Table

2001–2007: THE BUILDING YEARS The dot com bubble had burst. Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC).

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Cash control during these strange times

Berkonomics

And these are indeed strange times, especially if you haven’t lived through 2000-2002 and 2007-2008 recessions and difficulty in finding money from banks and investors. The simple economic truth. Here is a simple economic truth. Fixed overhead continues to eat into your cash month after month.

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Oversee.net Sells Moniker, SnapNames

socalTECH

Oversee.net had acquired Moniker in January of 2008, and SnapNames in June of 2007. KeyDrive S.A. is a provider of domain registration, monetization, and aftermarket services based in Luxembourg. READ MORE>>.

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Ecommerce Sales In Q4 Breaks Records

socalTECH

The increase in sales bring the overall growth in the e-commerce sector closer to the gains the sector was seeing in 2007 and early 2008, before the sector was impacted by the economic downturn. However, the results have not yet reached the level of Q2 and Q3 of 2007, when e-commerce saw 23 percent growth in both quarters.

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RealD Names Operations VP

socalTECH

and had previously been President and CEO of ColorLink, a firm which was acquired by RealD in 2007. He left ColorLink in 2008. Los Angeles-based RealD , the developer of 3D movie projection technology, said today that it has named Leo Bannon as its Executive Vice President, Global Operations. READ MORE>>.

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Demand Media: $56.3M for Pluck, $5.0M For The Daily Plate

socalTECH

The firm also revealed that it acquired Pagewise , a provider of how-to videos and text articles, for $15.8M, back in June of 2007. Demand Acquired Pluck in March of 2008, and The Daily Plate in January of 2008. According to the S-1, Demand paid $56.3M for Pluck, a developer of social media tools, and paid $5.0M READ MORE>>.

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