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

Both Sides of the Table

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. for $565 million to Excite.

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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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Catching Up With Mike Giardello, President of Innovate Pasadena

socalTECH

We had a great launch and have seen great success, which has validated the fact that there is a lot of pent up demand for an organization here. As we have developed over the last few years, we've started running our own events, and tried out our own connect weekend in 2014, and that went to a full week the next year.

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Taking Your Startup Public Is Fraught With Negatives

Startup Professionals Musings

According to a recent Ernst & Young global report , 2014 was a strong year with IPOs actually outperforming other indices by 10 percent. Most just don’t enjoy all the challenges of communicating to analysts, placating demanding stockholders, and keeping up with legal reporting requirement.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Last November, the Web-search giant opened a flashy new office in Venice to focus on engineering, sales and advertising; the company will lease close to a quarter-million square feet in the neighborhood by 2014. Entrepreneurs love being around other entrepreneurs, and thats driving demand toward the beach," says Mr. Miller.