Technology Council

SEPTEMBER 13, 2008

We were pleased to also welcome 400+ attendees, including dozens of venture capitalists, angel investors, and private equity firms, plus keynote speeches by John Suh, CEO of LegalZoom.com, and Jason Calacanis, CEO of Mahalo.com. Presenting companies included: • [.]

.Net 100

.Net Southern California Equity Technology 100

socalTECH

JUNE 4, 2019

FTD also agreed to sell both its North American and Latin American businesses to private equity investor Nexus Capital Management , in a move that includes San Diego-based Proflowers. In long, complicated path that wound through Southern California's high tech industry, flower delivery network operator FTD has filed for Chapter 11 bankruptcy.

Southern California 113

Southern California Woodland Hills SoCal San Diego 113

Both Sides of the Table

DECEMBER 11, 2022

Between 2006–2008 I sold both companies that I had started and became a VC. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). So now our collective companies are worth less. The tide has gone out.

Venture Capital 466

Venture Capital Startup LAMP Marketing 466

socalTECH

JUNE 8, 2015

The funding came from Phillipnes-based private equity investor Navegar. Maddock starteed the company b ack in 2008 , after figuring out that he could tap a well educated, English fluent workforce in the Philippines for those tasks.

Funding 100

Funding Outsource Santa Monica High Tech 100

socalTECH

FEBRUARY 24, 2014

Private equity investment firm Blackstone said Friday that it is expanding its university entrepreneurship program, Blackstone LaunchPad , to Southern California. According to the BLackstone Charitable Foundation, it believes its efforts have the potential to generate some 1,400 new ventures in California over the next five years.

Southern California 182

Southern California SoCal UCLA USC 182

socalTECH

MARCH 20, 2014

billion deal in 2008. TriZetto was later moved to Colorado by its new private equity owners. Welltok''s CEO, Jeff Margolis, founded health management firm TriZetto in Orange County, and later sold TriZetto to Apax Partners in a huge, $1.4 READ MORE>>.

Southern California 113

Southern California Orange County Miramar SoCal 113

socalTECH

JANUARY 8, 2013

in a private equity funding, according to a regulatory filing by the firm. Editor's note: a representative of Auction.com reports that, despite a filing with the SEC , that this filing is not accurate, and the firm actually raised this funding in 2008). The filing indicates the capital came from Stone Point Capital, LLC.

Equity 100

Equity Sales Report Capital 100

socalTECH

APRIL 30, 2010

According to EdenIQ, the Series B funding round was led by Draper Fisher Jurvetson, and also included The Westly Group, Kleiner Perkins Caufield & Byers, Cyrus Capital, Angeleno Group, Element Partners, Morgan Stanley & Company, Advanced equities, OmniNet, Nimes Capital, and others. READ MORE>>.

Draper 159

Draper Venture Capital Equity Los Angeles 159

Both Sides of the Table

DECEMBER 16, 2014

Our 3rd fund began investing in March 2009 (raised in 2008) and our 4th fund started in April 2012 so this fund will naturally begin investing around March / April 2015. So they will have allocations to US public equities, international public equities, emerging market public equities, real estate, mining, minerals and so forth.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

JULY 15, 2010

TriZetto was taken private by private equity firm Apax Group back in 2008. Current CEO and founder Jeff Margolis becomes Chairman of the firm. No details of how the headquarters move will affect TriZetto's Southern California operations were released. READ MORE>>.

Southern California 154

Southern California IBM IBM Equity 154

socalTECH

JANUARY 21, 2010

The University of Southern California is reporting today that spinouts out of the school have raised $148m in the last two calendar years (2008-2009), and that there are now at least 24 USC spinouts currently in business. USC also reported that it owns equity in 32 startups, though none of those startups were identified.

USC 178

USC Southern California Activity Venture Capital 178

socalTECH

SEPTEMBER 4, 2009

Costa Mesa-based Semicoa , which was spun back out of semiconductor firm Microsemi on August 24th, has raised $16M in funding associated with the private equity deal. Department of Justice, after Microsemi purchase the firm in July of 2008. Tags: semicoa microsemi venture capital private equity merger acquisition.

Pricing 100

Pricing Equity Venture Capital Acquisition 100

socalTECH

JULY 21, 2009

The company--which is backed by private equity firm JMI Equity--said it had a 105 percent increase in revenues from 2008, and has been cash flow positive for more than two years. Tags: servicenow earnings financial private equity. The company also said it has 111 employees today, compared with 75 last year. READ MORE>>.

Services 100

Services Report Equity San Diego 100

Xconomy

JUNE 10, 2019

As Greg Huang, Xconomy’s editor in chief, said in his opening remarks before a sold-out crowd on May 29: How far the region has come since Xconomy first launched here, back in 2008! Top scientists, CEOs, and many others from across the life sciences ecosystem came out to celebrate the winners and finalists.

San Diego 101

San Diego Equity Blogging 101

socalTECH

FEBRUARY 23, 2009

The group, which makes investments in local technology startups, said that $99M of that came from the TCA's members, with the remainder coming from venture capital firms and other private equity investors. The TCA also said that it invested $75M in 2008, across 15 first-time financings and 16 follow-on rounds.

Invest 100

Invest Tech Coast Angels MyShape Southern California 100

SoCal Tech Calendar

OCTOBER 12, 2008

Thursday, October 16, 2008 -- Looking for Money? SThe program will cover all forms of raising debt financing and equity capital. TriTech Funding Conference '08. Several angel investors and lenders will be available to answers questions on how to get the start-up funds needed to launch or move a business forward. See [link] (more).

Conference 100

Conference Startup Equity Funding 100

SoCal Tech Calendar

OCTOBER 12, 2008

Friday, October 17, 2008 -- "Critical Factors to Consider When Advising Early Stage and Emerging Companies" Ventura County CPA/Law Society. It will include discussions relating to choice of entity, capital structure, equity incentive plans and protecting intellectual property rights and trade secrets.

Ventura 100

Ventura Company Companies Equity 100

socalTECH

SEPTEMBER 21, 2009

The firm--which was spun out of Microsemi on August 24th after gaining an investment from private equity firm Vance Street Capital--announced today that it has hired on 30 new employees since last month and is now looking to expand further. Department of Justice.

Equity 133

Equity Acquisition Invest Marketing 133

socalTECH

APRIL 2, 2009

According to numbers derived from socalTECH's venture database, there was $717.96M invested in Southern California in the first quarter, up from only $465M in Q4 of 2008. However, venture funding totals were still well off the first quarter of 2008's nearly $1.2 billion in funding. billion in funding.

Southern California 113

Southern California SoCal Invest SoCalTech 113

InfoChachkie

NOVEMBER 25, 2013

There''s just simply no way that the founder or the management or anyone with equity in the company, besides the investor with a six-x liq pref (liquidation preference), could make any money. Instead, Adeo has created a liquidity pool of equity which is shared with all graduates from the Institute. In Adeo''s words, ".

Entrepreneur 232

Entrepreneur Startup Equity Technical Review 232

SoCal Tech Calendar

OCTOBER 24, 2008

Thursday, October 30, 2008 -- "Funding Growth in an Uncertain Market" Technology Council of Southern California. Financing Options available to Southern California Technology Companies have changed. The ways investors evaluate companies and how they make positive decisions are also evolving. How do you navigate this environment?

Southern California 100

Southern California Technology Council Marketing Funding 100

socalTECH

OCTOBER 2, 2012

One of the few local funds to recently raise a fund is TVC Capital (www.tvccapital.com), which just closed TVC Capital II, a $75 million growth equity and buyout fund. Jeb Spencer: We consider ourselves a private equity firm. One issue has been a difficulty by indigenous funds to raise their own capital from their limited partners.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

Xconomy

SEPTEMBER 26, 2016

Tealium , founded in 2008, has raised close to $113 million since its inception, according to Crunchbase , although that number includes both debt and equity deals. Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7 Lunsford oversaw WebSideStory’s IPO in 2004, and Limelight’s IPO in 2007.

Custom 40

Custom Customer San Diego JavaScript 40

socalTECH

NOVEMBER 30, 2009

Although they'd been around for three years and run out of money, we noticed in 2008 that mobile donations reached a record in the U.S. The question is, if in 2008 and you've got 500,000 in donations, where will you end up in 2018--$15 billion or more? If you map it against online gifting, mobile is on a similar path.

Mobile 162

Mobile Web Startup Custom 162

socalTECH

AUGUST 13, 2010

Mark Tapling: Starting in March of 2008, Language Weaver really embarked on a growth strategy. We prepared a presentation to go out to the private equity community, to investigate opportunities to put money into Language Weaver. Mark, thanks for the time today. What's the story behind the acquisition?

Equity 168

Equity Startup Acquisition Funding 168

Both Sides of the Table

AUGUST 24, 2015

I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains. Watch the market closely.

Marketing 150

Marketing Venture Capital Startup Invest 150

Both Sides of the Table

OCTOBER 14, 2015

The truth is that the brutal reality of public markets is that they self correct much more quickly than our shitty little private equity illiquid corner of the universe. We have an entire generation of startup founders who don’t have muscle memory from getting their burn rates back into shape from 2008/09 or 2001-2005.

Venture Capital 150

Venture Capital Slides Capital Funding 150

Both Sides of the Table

SEPTEMBER 29, 2009

This came in part due to the huge influx of money into VC but also because hedge funds and private equity shops with no VC experience wanted part of the action. Bu when you start to worry that the world is ending (as it seemed it was in late 2008 / early 2009) you tend to get worried about large burn rates.

Venture Capital 263

Venture Capital Startup Funding Invest 263

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. We spent our future since the equity was artificial. It affects even B2B companies because ultimately most must sell to companies who sell to consumers and if they suffer they cut back on suppliers.

Venture Capital 269

Venture Capital Startup Funding Technical Review 269

Both Sides of the Table

APRIL 14, 2010

Many companies that are raising B or C venture capital rounds right now raised their initial money in 2005-2008. I looked up the funding details on Crunchbase and noticed that they closed a big round in March 2008 (e.g. If you want to raise venture capital more easily the advice could be quite practical and counter-intuitive.

Venture Capital 289

Venture Capital Capital Startup Pricing 289

Eric Greenspan

NOVEMBER 2, 2009

Home Sweet Home In October of 2008, I was sitting in front of Quicken about to make my mortgage payment. I looked online at Countrywide’s website and I realized I had added a ton of negatively amortized equity back into my loan over the past few years.

Company 135

Company Companies Entrepreneur Equity 135

Both Sides of the Table

JULY 10, 2010

Michael is a very accomplished corporate executive in his own right having run Sega Gameworks and helped IPO EuroDisney as well as having been on the founding team of DreamWorks SKG (where he helped them raise their first $900 million in equity). Revenue of ~$160mm in 2008. We discussed: 1. TechCrunch.

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242

Startup Professionals Musings

NOVEMBER 4, 2013

They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control. IPOs in 2008, the market was up to a still trivial 128 in 2012 (compared to 675 in 1996). After a record low of 39 U.S.

Startup 89

Startup Entrepreneur Report Summary 89

Both Sides of the Table

JUNE 22, 2011

But this mania to not miss out on the next big thing is driving some investors to pay growth-equity prices for traditional market risk (as in, they’re paying up before it is clear there is product / market fit). I said, “It’s much easier now than it was in 2008/09.&# That happened a lot in 2002 and again in 2008.

Pricing 309

Pricing Marketing Startup Venture Capital 309

Startup Professionals Musings

SEPTEMBER 30, 2012

They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control. IPOs in 2008, the market was up to a still trivial 159 in 2011. After a record low of 39 U.S.

Entrepreneur 95

Entrepreneur Startup Report Summary 95

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. So even within the “alternative class&# our LPs are looking at other asset investment choices such as distressed buyout funds, private equity or hedge funds. Our current fund was raised in 2008/09.] VC will shrink. Oh yes it will.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Eric Greenspan

NOVEMBER 2, 2009

In October of 2008, I was sitting in front of Quicken about to make my mortgage payment. I looked online at Countrywide’s website and I realized I had added a ton of negatively amortized equity back into my loan over the past few years. Home Sweet Home.

Company 128

Company Companies Entrepreneur Equity 128