Silicon Beach Report Aug. 7: Katzenberg’s NewTV Raises $1 Billion
L.A. Business Journal
AUGUST 7, 2018
Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net
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L.A. Business Journal
AUGUST 7, 2018
Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net
socalTECH
MARCH 2, 2021
VIZIO's largest Class A shareholders are AmTRAN Technology Co., The company reported 102M in net income on just over 2.0 billion in net revenues for the year 2020. Q-Run Holdings Ltd.; V-TW Holdings, LLC; Innolux Corporation; and Foxconn Assembly Holding Corporation.
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socalTECH
MAY 10, 2021
The former CEO of a Southern California communications services company has plead guilty to charges that he fraudulently obtained $5 million in bank loans from one of Southern California's big startup and technology banks. According to the U.S. Lewis was the CEO of Blue Wave Media. Lewis now faces up to 30 years in federal prison.
socalTECH
JANUARY 15, 2021
Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The company reported $9.9M in net income on $164M in revenues for the year ended December 31, 2019.
socalTECH
JUNE 4, 2019
The company reported a net loss of $31.02M in 2018 on revenues of $8.5M; the company's current revenue stream includes both license fees and grants. Inhibrx develops protein engineering technology used in biopharmaceuticals research. The IPO is being underwritten by Evercore ISI, Barclays, Nomura, and Raymond James.
socalTECH
FEBRUARY 17, 2010
San Diego-based Fallbrook Technologies , a developer of continuous variable transmissions aimed at the electric vehicle market, has filed for an IPO, saying Tuesday evening in a filing that it is looking to raise up to $50M in an offering. Fallbrook reported a net loss of $11.7M For 2008, the firm had a loss of $11.9M
socalTECH
NOVEMBER 21, 2019
In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion.
socalTECH
MAY 8, 2019
Los Angeles-based J2 Global , the owner of such Internet publishing brands as IGN, Mashable, PCMag, Everyday Health, and also cloud services such as eFax, eVoice, KeepItSafe, and Livedrive, reported its quarterly results on Tuesday evening, saying that its quarterly revenues rose to a record of $299.9M.
socalTECH
OCTOBER 7, 2010
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. The report was compiled by research firm Colaborative Economics.
SoCal Tech Calendar
SEPTEMBER 21, 2017
Jason Calacanis founded Silicon Alley Reporter, Weblogs Inc, Mahalo, and Inside.com. He turned down a $20 million offer for Silicon Alley Reporter. Then the dotcom bubble burst, and he wound up with a net worth of negative $10,000. Calacanis bounced back and founded Weblogs, which he sold to AOL after 18 months for $30 million.
socalTECH
OCTOBER 26, 2010
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 in revenues. for the quarter. READ MORE>>.
socalTECH
FEBRUARY 25, 2015
Los Angeles-based online advertising technology developer Rubicon Project > has just passed the $100M mark, reporting yesterday that its 2014 year end revenues were $125.3M. The details came as the company released its fourth quarter results, where it reported net income of $1.4M on revenues of $41.8M for the quarter.
socalTECH
JULY 27, 2015
percent of the company), along with Taiwanese companies AmTRAN Technology (20.4%), Q-Run Holdings (8.3%), and La Jolla-based V-TW Holdings (7.7%). Vizio reported net income of $44.9M billion in net sales for 2014. Vizio's major owners are founder William Wang (54.7 READ MORE>>.
socalTECH
NOVEMBER 2, 2010
Los Angeles-based RealD , the provider of 3D movie projection technology, has reported its quarterly results today, saying it had net revenues of $65.3M For the six months ending September 24th, the firm's first half fiscal 2011, the firm had net revenues of $129.8M, more than double the $64.2M in revenues. READ MORE>>.
socalTECH
MAY 9, 2016
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., in total revenues for 2015.
socalTECH
JANUARY 19, 2016
Los Angeles-based online advertising technology provider OpenX said late Monday evening that the company has reached $140M in revenues, which it says is a record. The privately held company--which has not previously reported its revenue number publicly--said it doubled its revenue and tripled its profits in the last two years.
socalTECH
FEBRUARY 4, 2011
Los Angeles-based RealD , the developer of 3D movie projection technology, released its results Thursday, saying its Q3 2011 revenues rose to $57.8M, up 91 percent from Q3 of of 2010, when it reported revenues of $30.2M. The firm had a net GAAP loss of $16.6M.
socalTECH
MAY 27, 2010
Los Angeles-based RealD , the developer of 3D projection technology which is waiting in the wings for an IPO, revealed its latest year's result in an updated S-1 filing with the SEC last night. According to RealD, it had gross revenues of $189.08M for the year ended March 26, with a net loss of $39.7 for the year. million), GForce ($3.7
Startup Professionals Musings
DECEMBER 2, 2022
There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. Test your projections against actual published reports from similar companies. What is the need you fill or problem you solve?
socalTECH
FEBRUARY 2, 2012
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.,
Startup Professionals Musings
FEBRUARY 19, 2022
In her classic book on this subject, “ The Essentials of Fabulous ,” Ellen Lubin-Sherman, who has been tracking fabulous people most of her life as a writer and journalist, tried to net it out. Everyone looks for “rapport talk” rather than “report talk.” Have impeccable manners and flair. Have a big bandwidth.
Xconomy
JULY 27, 2016
LabCorp will also assume net debt of San Diego-based Sequenom (NASDAQ: SQNM ), bringing the value of the cash deal to approximately $371 million. LabCorp reported $8.5 Despite the fanfare of Sequenom’s MaterniT21, the company has had financial struggles and its earnings reports show a history of losses.
Xconomy
NOVEMBER 13, 2016
Within the realm of “most-promising,” these are companies with the elements that tech investors and mentors look for—innovative technology, an outstanding team, and/or an impressive business plan. I widened my net this year. I am grateful to Mike Krenn, the venture group’s president, for his help on this project.
Xconomy
NOVEMBER 7, 2016
As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work. Here are the top five ways technology has impacted us this year. The Device-Agnostic Customer Experience. percent of digital buyers in the U.S.
Xconomy
AUGUST 19, 2016
And once in a while, a defender uses his or her face, inadvertently, to block a ball spiked over the net. The CRISPR news this week doesn’t need a metaphor; the drama that MIT Technology Review reported can stand alone. STAT found the figures in Editas’s quarterly earnings report. Talk about sacrifice.
Tech Zulu Event
MARCH 7, 2013
CapLinked, Cloud-based enterprise platform for deal management and investor reporting, Wednesday announced a new suite of enterprise features in a move to take transactions mobile. The new features launched include business tools for reporting, file management, discussions and first-of-its-kind functionality for managing deals on an iPad.
Both Sides of the Table
MAY 4, 2010
If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Investors: Allen Morgan of Mayfield Fund, ff Asset Management, Bobby Yazdani, Nova Spivack of Lucid Ventures, Zelkova Ventures, Paige Craig, Tom McInerney, Michael Yavonditte of Quigo Technologies, Ofer Ronan.
Startup Professionals Musings
MAY 18, 2019
In her classic book on this subject, “ The Essentials of Fabulous ,” Ellen Lubin-Sherman, who has been tracking fabulous people most of her life as a writer and journalist, tried to net it out. Everyone looks for “rapport talk” rather than “report talk.” Have impeccable manners and flair. Have a big bandwidth.
Startup Professionals Musings
FEBRUARY 25, 2019
Al Gore, by just talking about it, still seems to be leading the way in monetization, having amassed an estimated net worth reported recently as around $300 million. The ideas are endless, but we need more smart entrepreneurs to implement them. There are plenty of smaller success examples, including Impossible Foods, Inc.,
Startup Professionals Musings
OCTOBER 13, 2014
Similarly, acquiring a larger footprint of direct reports is often a sign of success at large businesses. At a small company, if you''re constantly demanding more support, you risk turning your net impact into overhead-creep rather than value creation. Forget your staff and entourage. The axiom applies to all matters, tiny to large.
Both Sides of the Table
OCTOBER 8, 2014
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. When you begin to peel back the onion some surprising data presents itself.
Tech Zulu Event
OCTOBER 20, 2014
Before all the hype for different fitness bands, smart watches and other wearables today, Google Glass jumpstarted today’s wave of wearable technology. The core technology piece, the retinal projection, took the longest time to research. 1,500 can net a lot of people great tech, but for a pair of AR glasses does not seem so appealing.
Both Sides of the Table
MAY 7, 2013
My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). The news that Ynon Kreiz is joining to run the company as Executive Chairman was first reported by Peter Kafka at AllThingsD (and later picked up by Variety , AdWeek and several other traditional media outlets.
Startup Professionals Musings
MAY 24, 2017
In her classic book on this subject, “ The Essentials of Fabulous ,” Ellen Lubin-Sherman, who has been tracking fabulous people most of her life as a writer and journalist, tried to net it out. Everyone looks for “rapport talk” rather than “report talk.” Have impeccable manners and flair. Have a big bandwidth.
socalTECH
MAY 30, 2012
The issue with most companies that I saw, is that they are outside of technology, and they just don't have access to the traditional funding sources like angels and venture capitalists. It's just nowhere as efficient as it is in technology. Right now, equity tends to fall to the very high net worth and professional investors.
Startup Professionals Musings
JANUARY 23, 2013
Similarly, acquiring a larger footprint of direct reports is often a sign of success at large businesses. At a small company, if you're constantly demanding more support, you risk turning your net impact into overhead-creep rather than value creation. Forget your staff and entourage. The axiom applies to all matters, tiny to large.
Both Sides of the Table
APRIL 25, 2011
They have created two internal technology “products and wanted to figure out how they could turn their services business into a product business that could be financed. It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. This team is talented. They wanted advice.
Startup Professionals Musings
DECEMBER 14, 2012
In a recent book on this subject, “ The Essentials of Fabulous ,” Ellen Lubin-Sherman, who has been tracking fabulous people most of her life as a writer and journalist, tried to net “it” out. Everyone looks for “rapport talk” rather than “report talk.” Have impeccable manners and flair. Have a big bandwidth.
Startup Professionals Musings
FEBRUARY 9, 2014
In a book on this subject from a while back, “ The Essentials of Fabulous ,” Ellen Lubin-Sherman, who has been tracking fabulous people most of her life as a writer and journalist, tried to net “it” out. Everyone looks for “rapport talk” rather than “report talk.” Have impeccable manners and flair. Have a big bandwidth.
Tech Zulu Event
FEBRUARY 22, 2012
It also distributed over 800,000 training and certification vouchers in the US as part of Elevate America – a program providing Americans with free technology training and certification to help them find jobs. The numbers speak for themselves, but so do the great products and services.
TechCrunch LA
FEBRUARY 6, 2022
The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. Image Credits: Facebook. the big thing.
Startup Professionals Musings
MAY 14, 2012
There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce world hunger. Test your projections against actual published reports from similar companies. What is the need you fill or problem you solve?
Startup Professionals Musings
DECEMBER 10, 2011
Similarly, acquiring a larger footprint of direct reports is often a sign of success at large businesses. At a small company, if you're constantly demanding more support, you risk turning your net impact into overhead creep rather than value creation. Forget your staff and entourage. The axiom applies to all matters, tiny to large.
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