Remove .Net Remove Acquisition Remove Demand Remove Sales
article thumbnail

Demand Media Nets $77.2M From IPO

socalTECH

Santa Monica-based Demand Media said this morning that it received approximately $77.2M in net proceeds from the firm's IPO last week. Demand's IPO offering was for 10,235,000 shares of common stock at $17.00 READ MORE>>.

.Net 145
article thumbnail

8 Keys To Maximizing Your New Venture Stock Net Worth

Startup Professionals Musings

Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out. Make sure the government waits for a stock sale to collect taxes. At that time the original split makes all the difference. In the U.S.,

.Net 96
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leaf Group Acquires Deny Designs

socalTECH

Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group was formerly known as Demand Media. Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado.

Design 113
article thumbnail

GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. It has made some 15 acquisitions in the last two years, including Boston Organics and EJ Food Distributor this year.

article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418
article thumbnail

Should Startups Care About Profitability?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. COGS” represents the amount that each sale costs you.

Startup 227
article thumbnail

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. The startup was so nascent that the sale would have been considered a short-term gain for tax purposes, which would have significantly reduced the Founders’ proceeds, making their small fortune even smaller.