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Hulu Hits $1 Billion In Revenues

socalTECH

Los Angeles-based streaming television site Hulu said Wednesday that it will reach $1 billion in revenue this year, up from the $695M in revenues it had in 2012, and also now has 5 million subscribers on its Hulu Plus premium service, six years after the company''s launch in 2008.

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Swagbucks Rewards $15M in Prizes, Sees $25M In Revenues This Year

socalTECH

Torrance-based Swagbucks.com , an online site which allows users to earn virtual currency or other rewards from taking actions online, has now given away $15M in prizes since its launch in 2008. The site also said it estimates a 100% increase in its revenues in 2012. The site says it now has 4 million registered users. READ MORE>>.

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Southern California Companies Have Healthy Showing In Deloitte Fast 500

socalTECH

Among the highest ranked in the annual program was OpenX Software , based in Pasadena, which had a 44,075% five year growth rate, which was ranked at number 5 in the nation, based on its fiscal revenue growth rate from 2008 to 2012.

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ServiceNow Tops Job Creation List

socalTECH

ServiceNow, which develops enterprise IT automation software, said that it was the number one company in the software industry in the listing of Top 100 job creators in the list, due to job growth of 880 percent between 2008 to 2011. The company added 792 jobs during the three period.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

Our last fund we raised was in 2012 and we began investing it in April of 2012. Our 3rd fund began investing in March 2009 (raised in 2008) and our 4th fund started in April 2012 so this fund will naturally begin investing around March / April 2015. Wait, didn’t you just raise a fund?

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Top Ten infoChachkie Entries Of 2011

InfoChachkie

I began publishing my blog in 2008. was published in 2009 and Time Wounds All Heels was written in 2008. 2012 And Beyond. All the best in 2012 and beyond…. For the first couple years, I wrote under the pseudonym Uncle Saul. Of these entries, four of them are also in my “all time” Top Ten. Naval Ravikant Interview.

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Make It Work – the real story

Eric Greenspan

We failed because the economy has drastically fallen since 2008, particularly in the consumer sector. Since 2008, the company has been forced to lower it’s prices, from $120/hour to $80/hour. From 2008 to 2011, the company paid its own bills, we were cash flow positive and we believed we could maintain this trend indefinitely.

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