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Demand Media Revenues Up In Q1

socalTECH

Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 in revenues the firm reported in Q1 of 2010. Demand Media said the revenues numbers were driven by continued momentum from its owned and operated sites. million on revenues of $79.5M. READ MORE>>.

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THQ Drastically Lowers Sales Guidance

socalTECH

Agoura Hills-based videogame maker THQ has drastically lowered its sales guidance, saying early this morning that it has updated fiscal guidance for its fiscal first quarter ending June 30th and fiscal year ending March 31, 2011, due to "lower than anticipated sales" of its title UFC Undisputed 2010, plus a strengthening US dollar.

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RealD Revenues Rise To $57.8M

socalTECH

Los Angeles-based RealD , the developer of 3D movie projection technology, released its results Thursday, saying its Q3 2011 revenues rose to $57.8M, up 91 percent from Q3 of of 2010, when it reported revenues of $30.2M. The firm had a net GAAP loss of $16.6M. READ MORE>>.

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

Both Sides of the Table

These are similar to the pipeline reviews I used to do with sales reps when I was a CEO. Because entrepreneurs often don’t feel comfortable in a sales process (as a fund-raising process is) they often don’t enquire about the approval process at the firm. She was imploring them to push harder in their sales process.

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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. It’s pure irony.

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

InfoChachkie

Two hundred and fifty thousand would have netted my firm more than one billion dollars. Our mutual friend mentioned to me over breakfast during the late summer of 2010 that Uber was raising a seed funding round. He is now a Senior Executive at Uber, although back in 2010 he had no formal affiliation with the company.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

Recently — in the name of censoring pornography — China blocked access to Google and demanded that computers sold in China come supplied with an Internet nanny filter called Green Dam Youth Escort, starting July 1. The world’s best brains are on sale. That means the established firms created no new net jobs during that period.