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Demand Media Reports Profit

socalTECH

Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. Demand Media said it had revenues of $73.6M for Q4 of 2010, up 33 percent from the $55.5M in revenues from Q4 of 2009.

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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. A number of other companies have filed but have yet to reach the markets, including Peregrine Semiconductor, Demand Media, and Cornerstone OnDemand.

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Demand Media Files For IPO

socalTECH

Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M in the first six months of 2010. For the year ended December 31, 2009, the firm had a net loss of $21.9M

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What Mattered in 2010: Greg Martin, Archer Venture Capital

socalTECH

2010 was a momentus year for me personally. Coming off a very successful exit with Networks in Motion at the end of 2009, 2010 has been a very exciting year for several of my companies, Socialvibe, 2tor, Leadpoint, Webvisible and Impact Radius. We last shared the thoughts of John Babcock at Rustic Canyon Partners. Stay tuned.

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Health Information Technology and the American Recovery and Reinvestment Act of 2009

SoCal Tech Calendar

Wednesday, May 26, 2010 -- Health Information Technology and the American Recovery and Reinvestment Act of 2009. Pease join us as Dr. Joel Kallich discusses "Health Information Technology and the American Recovery and Reinvestment Act of 2009".

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2010 VC Funding Outlook for Startups – Prepare for Winter (Part 3/3)

Both Sides of the Table

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. It is also a result of pent-up demand. Unemployment continues to rise – Unemployment as of September 2009 is 9.7% My advice : if you’re raising a $750,000 round and you have demand for $1.2

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Kingston Technology Hits $6.5 Billion In Revenues

socalTECH

billion in revenues in 2010. billion increase in its sales over 2009. Kingston said demand from both corporate customers and consumers was strong. Fountain Valley-based Kingston Technology , the provider of computer memory products, reported today that it has hit a record, $6.5