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

socalTECH

The price of two of Demand Media's acquisitions, Pluck , and The Daily Plate , have both been made public with the firm's IPO filing Friday evening. for Pluck, a developer of social media tools, and paid $5.0M Demand Acquired Pluck in March of 2008, and The Daily Plate in January of 2008. READ MORE>>.

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MMC Sells Off Mail.com

socalTECH

The firm--formerly known as Mail.com Media Corporation--said it is selling off its Mail.com email service to United Internet Group , based in Germany. Mail.com was re-launched by Penske back in May of 2007, but since late 2008 has been buying up Internet publishing and content sites. READ MORE>>.

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WebbyConnect Summit

SoCal Tech Calendar

Friday, October 24, 2008 -- WebbyConnect Summit. The inaugural WebbyConnect, held in October 2007, brought together over 250 Webby academy members and leaders in interactive media, entertainment, advertising, design and politics to explore the future of the Internet and emerging media. See [link] (more).

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WebbyConnect Summit

SoCal Tech Calendar

Thursday, October 23, 2008 -- WebbyConnect Summit. The inaugural WebbyConnect, held in October 2007, brought together over 250 Webby academy members and leaders in interactive media, entertainment, advertising, design and politics to explore the future of the Internet and emerging media. See [link] (more).

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WebbyConnect Summit

SoCal Tech Calendar

Wednesday, October 22, 2008 -- WebbyConnect Summit. The inaugural WebbyConnect, held in October 2007, brought together over 250 Webby academy members and leaders in interactive media, entertainment, advertising, design and politics to explore the future of the Internet and emerging media. See [link] (more).

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Southern California Venture Totals Drop in Q4

socalTECH

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 billion was invested in 3,808 deals in the fourth quarter of 2008. Media & Entertainment also saw an increase, up 3 percent to $2.0 billion and 407 deals in 2008.

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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

I become a venture capitalist in September 2007 – exactly 6.5 I spent my first year developing proprietary deal flow and learning the business and then the Sept 2008 / Lehman Bros collapse / financial meltdown happened. years ago. That company was Invoca, which just announced a $20 million fund raise led by Accel.