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Southern California Leads In Green Businesses, Says Report

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A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market.

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Will Facebook's IPO Unbottle Southern California's Pipeline?

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The firm reported net income of $1 billion on revenues of $3.7 Facebook filed for its IPO Wednesday afternoon, saying that it is looking to raise up to $5 billion, in what is expected to be the biggest IPO since Google. billion in 2011 in its S-1, which is being underwritten by Morgan Stanley, J.P. Morgan, Goldman Sachs & Co.,

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Eight Repeat Entrepreneurs To Watch In SoCal

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One complaint we sometimes hear from venture capitalists visiting Southern California for the first time, is the difficulty of finding experienced entrepreneurs and executives. com, and was CEO of Vivendi Universal Net USA. His latest startup, Factual, is aimed at the data mashup and open data market.

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Funraise Creates $600K Fund For Nonprofits

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To launch the grant effort, Funraise said it is offering up grants for such hing as a year of free office space at WeWork in Southern California, $25,000 in Apple products, a $25,000 cash grant, brand marketing consultation from Ideation, a high net worth pitch to 10 philanthropists, and more.

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ReachLocal Grows Revenues By 47 Percent

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Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm reported a net loss of $2.8M, compared with net income of $14.9M

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NantHealth Files For IPO

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NantHealth said it intends to list on the NASDAQ Global Market as NH. NantHealth reported a net loss of $71.6M The filing is the first IPO filing for a Southern California technology firm so far in 2016. The IPO is being underwritten by Jeffries, Cowen and Company, First Analysis Securities Co.,

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Obalon Sets IPO Pricing Range

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The company is selling 5,000,000 shares of its common stock, which would net it $92.0M Obalon is looking to list on the NASDAQ Global Market as OBLN. The company has not yet set an anticipated IPO date, in what has been a busy exits and acquisition year for Southern California's technology companies.

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