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Wag Fetches Massive, $300M Funding Round

socalTECH

Los Angeles-based on-demand, dog walking startup Wag has raised an enormous, $300M funding round, the company announced Tuesday morning. Wag said the funding comes from SoftBank Vision Fund. As part of the funding, the company said it has named Hilary SChneider as its new CEO. and Knight Ridder. READ MORE>>.

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Demand Media Hires Ad Sales Head

socalTECH

Santa Monica-based Demand Media has hired a new executive to head up the firm's advertising sales, the firm disclosed Tuesday. Demand Media has appointed George Stewart as the company's Executive Vice President of Advertising Sales, heading up sales for all of the company's sales channels. READ MORE>>

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Club Caveman Takes To Kickstarter To Bring App To Life

socalTECH

A mobile app new project by a local, Los Angeles team has taken to Kickstarter to help fund its efforts to create an animated, interactive caveman for your iPhone and iPad. The team includes entertainment and tech vets who have worked on computer games from Activision, animation from Dreamworks and Disney, and who have worked at Yahoo!

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Rubicon Hires Two Execs

socalTECH

Demand, and Eric Matza as Director of Product Marketing. Trenda was most recently VP Global Partnerships at AOL, and also served at Advertising.com, Yahoo, Overture and GoTo, among other firms. Matza was most recently VP of Product Management at Experian, and also has served at Yahoo, Q Interactive/CoolSavings, and AdForce.

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Interview with Jason Lehmbeck, Datapop

socalTECH

Last week, Los Angeles-based Datapop (www.datapop.com) announced a Series A funding for the startup, which is developing search advertising products which better tune ads to improve click throughs. The company's founders are previously from Overture and Yahoo! We are ex-Overture and Yahoo! Talk a bit about your funding round?

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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

Most startups and investors I know don’t have unlimited funds, so the first question they should ask and do ask today, is “When is your company going to be profitable (self-sustaining)?” Solutions that may be viewed as “nice to have” or “satisfies a higher-level need” won’t get funded. Design a product or service that you can sell.

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Interview: Jason Lehmbeck, Co-Founder and CEO of DataPop

InfoChachkie

Messenger : Jason Lehmbeck , Co-Founder and CEO of DataPop , former VP of Emerging Ad Products at Overture Services and Yahoo! You guys did a lot of self-funding before you approached the venture capital community. The Core team had worked together at Yahoo! We tried to solve their problems while we were at Yahoo!,

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