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News Corp. In Repeat With Sale To Local Tech Firm

socalTECH

That deals loooks to be worth around $100M, based on reports from the WSJ. acquired IGN in September of 2005, for $650M. Those numbers--and the story--seems to be almost an exact repeat of the story behind MySpace , which--also in 2005, in July--was acquired by News Corp. in a $580M deal.

News 159
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Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara

socalTECH

This contribution is from John Greathouse , a longtime venture capitalist and also a professor at UC Santa Barbara, who was instrumental in Computer Motion's initial public offering and the sale of GoToMeeting to Citrix. I am very excited with the prospects of the San Diego market, as it reminds me of Santa Barbara circa 2005.

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Quest Software Promotes Garn to CEO

socalTECH

a publisher of enterprise systems management applications, reported Thursday that its board of directors has promoted Doug Garn to chief executive officer. Garn joined Quest in 1998 and has served as president since February 2005. Before that, the company noted, he was vice president of worldwide sales. Quest Software Inc.,

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It’s Morning in Venture Capital

Both Sides of the Table

The most recent report to weigh in on the troubles of the industry was produced by the esteemed Kauffman Foundation. Contrary to some press reporting, the boom in startups, the creation of accelerators and seed funds as well as the deserved popularity of AngelList do not signal doom for our industry. Bottom of the sales funnel.

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Will Cyber Monday Make Black Friday Obsolete?

Tech Zulu Event

It has long been held as the ultimate annual shopping holiday, but Cyber Monday has quickly been picking up speed and pulling in equally large amounts of sales. Cyber Monday was officially termed in 2005 by the National Retail Federation after 77% of online retailers reported a surge in spending on the Monday after Thanksgiving.

Sales 40
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. (it is also the title of a fabulous book from Internet 1.0

Startup 383
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Boomers are Looking for Another Bite at the Apple

Startup Professionals Musings

News & World Report , people over 40 were key players in 86.6% of startup businesses as far back as 2005. High-travel sales and buyer positions. Retail sales to Gen-X and Gen-Y. In case you think that all of these are employed by big companies, listen to these statistics: According to an article in U.S.

Mentor 75