socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

NOVEMBER 5, 2012

The announcement came as the firm announced net sales of $107.4M for the three months ended September 30, 2012, down significantly from the similar quarter last year, when it had $146.0M The firm also reported a net loss of $21.0M. in revenues.

THQ 147

THQ Agoura Hills Sales Agoura 147

socalTECH

JUNE 25, 2014

The sale netted the company $20M, which it will use to fund its U.S. Moviepilot set up shop in LA in 2012 , due to the entertainment industry''s base here. moviepilot angeles merger acquisition webedia' The move puts the company''s focused squarely on its Los Angeles operations. READ MORE>>.

Social Media 164

Social Media Marketing .Net Entertainment 164

Xconomy

JULY 7, 2016

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. million net loss.

Sales 40

Sales San Diego .Net Report 40

Both Sides of the Table

SEPTEMBER 28, 2014

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.

Startup 383

Startup Company Companies .Net 383

SoCal Delicious

OCTOBER 8, 2012

October 5, 2012. In Santa Monica, the median price of homes jumped 16% in the first eight months of 2012 compared with 2011, after a 9% decline over the same period the year before, according to Multiple Listing Service data compiled by Paul Habibi, a professor at the University of California, Los Angeles. VENICE RISING. County: 0.9%.

Los Angeles 44

Los Angeles Software Review Technical Review Journal 44