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7 New Opportunities Based On Trends And Demographics

Startup Professionals Musings

million, born 2005-2024, yet to be defined Generation X (Generation Me) – 64.9 That means that starting soon, our doctors, hospitals, eldercare, hospice and even death care systems are going to face unprecedented demand. Autos for drivers: Waning market demand. First, a quick summary of the major U.S.

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SAIL Venture Partners Boosts Ice Energy

socalTECH

According to Ice Energy, a Colorado maker of equipment which uses equipment which shifts energy produced at off-peak hours to peak power demand times, SAIL was one of a number of investors in a $24M, first close of a Series C funding round.

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HireRight Acquires UK Firm

socalTECH

Irvine-based HireRight , a provider of on-demand employment screening and drug screening services, announced today that it has acquired Powerchex Limited , a pre-employment screening firm based in the United Kingdom. Powerchex provides pre-empoyment screening to companies in the UK, and was founded in 2005.

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LowerMyBills' Coffin Joins Venture Firm

socalTECH

Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M. Coffin also has invested as an angel in Billshrink, Buscape, CyberRain, Demand Media, Docstoc, Hautelook, Impact Radius, Inadco, Machinima, Mahalo, Rubicon Project, and 2tor.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. Among other major 2011 exits listed were Riot Games ($400 million) and HauteLook ($270 million).

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With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

The firm’s portfolio includes Detroit’s direct-to-consumer plant startup Bloomscape , Chicago-based Paro , which provides a network of on-demand finance professionals, DC’s custom framing business Framebridge , Milwaukee-based monthly wine club Bright Cellars and New York insurtech company Policygenius.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. READ MORE>>.