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Demand Media Gets Second $100M+ Quarter

socalTECH

Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. The firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reported net income of $0.7M for its quarter, which ended March 31, 2013. READ MORE>>.

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Demand Media Loses CFO As Revenues Decline

socalTECH

Santa Monica-based Demand Media said Monday afternoon that it has lost its CFO, Mel Tang, who the company said will depart at the end of the year. The announcement was made as Demand Media reported its third quarter 2014 results. Demand Media reported $41.3 ‌in revenues for the third quarter, down from $50.7M

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The Five Major Tech Trends of 2016

Xconomy

Back in 2013, Google reported that 90 percent of multiple device owners switch between screens to complete tasks, using an average of three different combinations every day. Customer expectations now demand seamless and satisfying user experiences. Here are the top five ways technology has impacted us this year.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. You end up needing to add staff and take on more risk without knowing what your future demand will be. That is $12 million in profits over 3 years. One big challenge is how to grow the company.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. He built & IPOd Demand Media. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. ”).