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ReachLocal To Shut Bizzy

socalTECH

Woodland Hills-based ReachLocal , the online marketing firm which helps small and medium sized business place Internet advertising, is shutting down its Bizzy local business recommendations site, according to a blog post from the site. Bizzy said the site and mobile apps will be shut down by mid-November. READ MORE>>.

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Lynda.com Inks Massive, $103M Funding Round

socalTECH

Lynda.com offers up online education courses on things like Adobe Photoshop, Illustrator, Microsoft Excel, AutoCAD, and much more. Robison reports that the company now has over 400 employees, spread across seven building in a Carpinteria campus, in addition to a web development branch in Calabasas, and sales offices in the UK and Australia.

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PurePhoto Buys PhotographyMentor.com, Launches Photo Site

socalTECH

Westlake Village-based PurePhoto.com , a new startup headed by former NextMedium COO John Ellis, and whose exec team includes prior executives from ReachLocal, ValueClick, and YellowPages.com, said Tuesday that it has acquired the assets of Los Angeles-based PhotographyMentor , an online photography education and social networking site.

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LA Group Launches Effort To Promote Technology Corridor In Los Angeles

socalTECH

What's the best way to encourage development of the technology industry in Los Angeles? The idea, according to the LACMII, is to use city-owned parcels to create community spaces and working environments to enable startups and businesses in those areas, using "tech-friendly amenties" to attract starutps to those locations.

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Want to Start a Technology Company in LA?

Both Sides of the Table

I was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA.&# If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. But we do have great technology developers. Get over it.

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LAVA Honors Richard Riordan, Local Technology Firms

socalTECH

ShoeDazzle.com , the online e-commerce startup headed by Brian Lee and whose co-founders include Kim Kardashian, scored top honors in the Best venture funding in digital media/e-commerce category. Other IPO finalists were RealD , ReachLocal , and Inphi. Other IPO finalists were RealD , ReachLocal , and Inphi. and ServiceMesh.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

I talked to one startup CEO who told me, “you have young engineers who want to make $200,000 or more to work for me. It’s hard to get people to take a risk at a startup or for a reasonable salary with all this competition. And many of the ones that do want to do startups are plotting their one YCombinator company.