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Demand Media: $56.3M for Pluck, $5.0M For The Daily Plate

socalTECH

The price of two of Demand Media's acquisitions, Pluck , and The Daily Plate , have both been made public with the firm's IPO filing Friday evening. According to the S-1, Demand paid $56.3M The firm also revealed that it acquired Pagewise , a provider of how-to videos and text articles, for $15.8M, back in June of 2007.

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Interview with Loren Bendele, Savings.com

socalTECH

Loren Bendele: We started in March of 2007. We had great growth, fueled a little by the downturn in the economy in 2008. We were able to sit in the middle of that, and benefit from both demand and the supply of deals. That changed dramatically at the end of 2008. What's the story behind Savings.com?

Sites 217
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Interview with Wes Brodsky, SaveFans

socalTECH

There is no real room for negotiation, or to let demand drive the pricing on the buyer side. I ended up switching to selling on Stubhub in 2007, after eBay made it much more difficult to search for tickets. If you imagine, a promoter might manage Britney Spears in 50 cities, and all those cities have different demand and price points.

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Interview with Patrick Kennedy, Sidebar

socalTECH

The company was founded in 2007, and the initial emphasis was to deliver to end users a personalized content portal on their smart phone, learning what they like anticipate what they'd like to see, and pay for it using personalized advertising. We did a successful trial in 2008. Why is that important for your customers?

Content 189
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Interview with Jimmy Hendricks, Deal Current

socalTECH

We actually built that about a year and a half ago, and are bringing that back due to overwhelming demand. But, with the economy turning south in 2008, lots of those customers went out of business. Jimmy Hendricks: My background is I spent a year at Active.com in 2007 and 2008. We were crowd sourcing artists and design.

Platform 263
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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Founded in November 2008 by Jack Moffitt and Patrick Mahoney; CEO is Gerry Campbell (ex-AOL, ex-Reuters/OpenCalais). Founded in July 2007 by Mark Pincus , Michael Luxton, Eric Schiermeyer, Justin Waldron, Andrew Trader, and Steve Schoettler. Competitors: OneRiot , Topsy , Crowdeye , Twitter Summize. Total Raised: $366mm.

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Good Times Ahead for VC-backed Tech Companies?

Both Sides of the Table

The total number of M&A deals in the US this year is projected to be a paltry 225 transactions relative to more than 450 deals just 2 years ago, which was the norm between 2002-2007, varying only by around 3% per year. Montgomery expects M&A to rebound to the normal recent levels at 450 deals by 2010.