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Internet Brands 2009 Acquisition Total: $24.2M

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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 The firm's results were helped by increases in consumer Internet advertising revenue and licensing revenues, but hurt by a continuing weakness in its automotive e-commerce efforts.

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Playing the Long Game in Venture Capital

Both Sides of the Table

Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . Case in point, Procore just went public and is trading at an $11 billion valuation. Maker Studios?—?sold

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Cogent In $943M Acquisition By 3M

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per share, worth approximately $943M, or $430M net of cash acquired. The firms said the deal would help Cogent accelerate its growth and reach in the market. The companies said that publicly held Cogent had approximately $130M in revenue in 2009, and employs approximately 500. 3M was advised by J.P.

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New Media Vault Mixer

SoCal Tech Calendar

Thursday, August 27, 2009 -- New Media Vault Mixer. This month we're helping to support the efforts of the Electronic Frontier Foundation (EFF)  who are the front lines of the fight for net neutrality. Come out and help us support their very important work! See [link] (more).

Media 100
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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

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. Whereas the first two funds I was involved in helping raise each took more than a year this fund was less than 6 months. So, yes, it’s hard. Foundations.

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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace

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There's been a revolution in the use of artificial intelligence and machine learning in the last few years, by both startups and large companies, to help in a large number of areas. We sold that to CoreLogic in 2009, and that company now has roughly a 60 percent market share of mortgage applications.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Palm is a maker of mobile computing devices, including the Pixi and Pixi Plus; HP: “Our intent is to double down on WebOS”; helps HP compete in mobile computing with Apple, RIM, Google, and MSFT. If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Net income was around $1.4