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Demand Media Files For IPO

socalTECH

Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M in the first six months of 2010. For the year ended December 31, 2009, the firm had a net loss of $21.9M

Demand 184
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Why Hearing “No” in a Fund-Raising Process is Actually Healthy

Both Sides of the Table

Every entrepreneur wants to hear “yes” during the fund-raising process but I would argue that being too risk averse and not pushing hard enough and be willing to hear a “no” is what holds back many people from “yes.” It’s hard and awkward to do this because silence demands a response. to politely ask about the process. I was relieved.

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Confessions Of A VC: Crap – Why I Passed On Uber’s Seed Round

InfoChachkie

Too bad, as the initial funding round has increased over 4,000 times in value, making a $250,000 investment worth more than $1,100,000,000. Two hundred and fifty thousand would have netted my firm more than one billion dollars. He is now a Senior Executive at Uber, although back in 2010 he had no formal affiliation with the company.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. That is $12 million in profits over 3 years.

Services 332
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CallFire Bootstraps 50,000 Signups and Hires Former NetZero CEO

Tech Zulu Event

In particular, CallFire has answered unusually strong demand coming from political campaigns, the insurance sector and emergency notification. He joined WebVisible, a leading provider of local online marketing software and services, as chief operating officer in 2009 and was elevated to CEO in 2010.

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Why You Should Start a Company in. Los Angeles

SoCal Delicious

Los Angeles By: Laura Rich February 26, 2010 It used to be, if you were serious about starting a tech company, you went to Silicon Valley. My fund was an early investor in Overture. Recent Comments | 3 Total February 26, 2010 at 6:37pm by bill right L.A. RSS ); Why You Should Start a Company in. then in Silicon Valley.