article thumbnail

Evofem Prices $50M Offering

socalTECH

The publicly held company, which trades on the NASDAQ as EVFM, says it intends to use the net proceeds from the offering for the continuation of full commercialization activities related to its lead produt, Phexxi, including continued direct-to-consumer advertising activities across television, streaming and digital channels; the continuation of its (..)

Pricing 113
article thumbnail

Magnite Prices $350M Offering

socalTECH

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. Magnite offers up a sell-side advertising platform for desktop, mobile, audio, and other platforms. The notes are due in 2026.

Pricing 113
Insiders

Sign Up for our Newsletter

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

article thumbnail

OpenX Revenues Rise To $172M

socalTECH

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The privately held company said the results represented its tenth straight year of growth.

OpenX 124
article thumbnail

5 Considerations For Driving Growth In A New Business

Startup Professionals Musings

Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. The purest form of capitalism has always meant charging a fair price and making a fair profit. Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.

article thumbnail

5 Strategies For Balancing Revenue Versus User Growth

Startup Professionals Musings

Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. The purest form of capitalism has always meant charging a fair price and making a fair profit. Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.

article thumbnail

Playing the Long Game in Venture Capital

Both Sides of the Table

innovated in social media advertising and for a variety of reasons wasn’t ultimately successful and went to zero. The abundance of late-stage capital is good for us all. Interim liquidity plus long-term capital gains work really, really well. The second “exit”?—?Adly?—?innovated My first ever investment as a VC was Invoca.

article thumbnail

Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

com, and was CEO of Vivendi Universal Net USA. OpenCandy / Darrius Thompson - Thompson and a team with roots at DivX is taking on the open source software recommendation market with OpenCandy, which helps software developers monetize their open source, and also connects advertisers with users of relevant products. which he sold to AOL.