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CoreLogic: Mortgage Delinquencies Spike, Despite Strong Housing Demand

socalTECH

serious delinquiencies on mortgages--the highest level since April of 2014--despite strong housing demand. The company said the rate is the highest in more than 21 years, and double the December 2009 Great Recession peak. Irvine-based property information provider CoreLogic reports that it is seeing a spike in U.S.

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CTO Salary and Equity Trends 2009-2011

SoCal CTO

If you look at the year-over-year trends from 2009-2011 for companies that have raised less than $10M: and another chart that is only startups with Seed or Series A according to development stage: To me this is a very interesting set of trends that I would not have guessed without seeing the data.

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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 in revenues from Q4 of 2009. in a loss in Q4 of 2009. in a loss in Q4 of 2009.

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Demand Media Alum Gets $100M For Domain Registrar

socalTECH

A brand new, domain registration startup headed by a set of ex- Demand Media executives, has just raised an astounding $100M for its efforts. He continued to serve at Demand Media until 2009. Donuts Inc. Donuts Inc. Donuts Inc.

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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 For the year ended December 31, 2009, the firm had a net loss of $21.9M in the first six months of 2010.

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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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Power-One Revenues Surge On Solar Inverter Demand

socalTECH

Camarillo-based Power-One , which develops both photovoltaic inverters and other poser conversion products, saw its fourth quarter results surge on demand for its photovoltaic inverter products. According to the firm Thursday, it saw net sales of $366M for its quarter ended January 2, up 157 percent from the fourth quarter of 2009.

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