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Internet Brands 2009 Acquisition Total: $24.2M

socalTECH

in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. Internet Brands said it had net income of $4.3M Tags: internet brands merger acquisition consumer content publishing earnings. Los Angeles-based Internet Brands revealed it spent $24.2M million in January. READ MORE>>.

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Cogent In $943M Acquisition By 3M

socalTECH

per share, worth approximately $943M, or $430M net of cash acquired. The companies said that publicly held Cogent had approximately $130M in revenue in 2009, and employs approximately 500. Tags: cogent biometrics security merger acquisition. According to 3M and Cogent, 3M is acquiring Cogent for $10.50 3M was advised by J.P.

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Internet Brands Revenues Grow In Q2

socalTECH

According to Internet Brands, it had net income of $4.6M in net income on revenues of $23.2M in Q2 of 2009. The total brings the amount spent on acquisitions in the first half of the year to $16.2M The firm had not previously disclosed financial information about its various acquisitions in the quarter.

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Peregrine Semiconductor Files For IPO

socalTECH

According to the firm's S-1, the company had a net loss of $7.4M in 2009, and a net loss of $2.5M Tags: peregrine semiconductor merger acquisition exit. Peregrine Semiconductor is venture backed by Morgenthaler Partners, Ridgewood Peregrine, Palisades Ventures, TVP, Advanced Equities, and others. on revenues of $70.5M

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Cornerstone OnDemand Files For IPO

socalTECH

According to the S-1, the firm had a net loss of $8.3M for 2009, and has seen revenues grow to $20.28M in the first six months of 2010. Tags: software saas exit acquisition merger ondemand cornerston. on revenues of $29.3M READ MORE>>.

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RealD Files For IPO

socalTECH

According to the filing, RealD had a net loss of $20.3M on revenues of $95.95M for the nine months ended December 25, 2009. Tags: reald merger acquisition content movie hollywood. Co-founders Michael Lewis and Joshua Greer also each own about 14.7 READ MORE>>.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

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