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Hulu Investor Gets Big Gain As It Sells Stake Back To Hulu

socalTECH

Providence Equity Partners had invested $100M in Hulu in 2007, and reportedly sold back its stake for $200M to the company this week. In a statement, Hulu CEO Jason Kilar called Providence an "ideal partner" over the past five years. Providence had helped fund the initial efforts to start Hulu. READ MORE>>.

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Green Dot Renews With Walmart

socalTECH

Green Dot said it will remain the program manager and issuer for Walmart's MoneyCard, in a deal which will cover the next five years. Green Dot rose to prominence--and an IPO--almost entirely on the strength of its business through Walmart.

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What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization. Mostly, no.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

However, to a Big Dumb Company (BDC), a startup’s IP is a thing of beauty. Given that the average lifespan from startup to exit is five to seven years, the first half of a startup’s life is lived without explicit patent protection. Most US high-tech companies begin the utility patent process by filing a provisional patent application.

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This 28 Year Old Woman Co-Founded One Of The Most Successful YouTube Networks

InfoChachkie

It was that love of serving people that led me on my long journey of starting a company.". My mother and father started a little hardware company in Price, Utah and they turned it into a very, very successful construction company. I took that lesson of integrity and brought it with me when I started my company.

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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

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Venture-Backed Liquidity Reaches 5 Year Low

socalTECH

venture-backed companies are seeing their lowest liquidity in five years, according to a report released today by Dow Jones VentureSource. Dow Jones said the totals were down 58% from the liquidity produced in 2007. Dow Jones said the totals were down 58% from the liquidity produced in 2007.