Twitter’s Acquisition, Chirp & Managing Developer Relationships

Both Sides of the Table

I think Twitter made a minor gaffe by announcing their Blackberry app and their acquisition of Atebits (Tweetie) before the Chirp conference. And I saw a lot of this first hand in Salesforce’s acquisition of my company, Koral, which was a content management company.

Internet Brands Acquisition Completes

socalTECH

El Segundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. The acquisition, which had originally been announced in September, was worth $640M. internet brand hellman friedman merger acquisition ecommerce advertisingInternet Brands said that the firm will cease trading on the NASDAQ Global Select Market at close of the market today. JMI Equity also invested in Internet Brands as part of the sale.

Hulu Expects $240M In Revenues In 2010

socalTECH

Los Angeles-based television streaming site Hulu expects to make $240M in 2010, according to Jason Kilar, the firm's CEO. Tags: hulu video television streaming online content hollywood merger acquisition

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Top 120 Startup Posts for 2010

SoCal CTO

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -

Broadcom Completes Percello Acquisition

socalTECH

Irvine-based Broadcom reported MOnday afternoon that it has completed its acquisition of Percello Ltd. , Broadcom had announced the acquisition of Percello on October 26th. Broadcom had said the acquisition will help it accelerate its time to market to deliver femtocell technology.

Insights and Opinions: Exit Strategies in 2010

socalTECH

Read more of Megan's article on changing Exit Strategies for 2010. Tags: investment exits acquisition merger opinions insights

Qlipso Confirms Veoh.com Acquisition

socalTECH

Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. Tags: qlipso veoh merger acquisition video sharing social Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has acquired substantially all of the assets of Veoh.com. Financial terms of the deal were not disclosed.

Cogent Sees Smooth Sailing For Acquisition

socalTECH

Pasadena-based Cogent , the developer of fingerprint and other biometrics devices, reported this morning that a Delaware court has denied a shareholder motion to block the acquisition of the firm by 3M. Tags: cogent biometrics security merger acquisition

Autobytel Forms Acquisition Subsidiary

socalTECH

Irvine-based Autobytel , which provides automotive marketing and information services, appears to be in the midst of some acquisition-related activity, according to regulatory filings filed by the firm today. According to filings with the SEC, the firm has created an "Autobytel Acquisition Subsidiary", which names three of its officers as executives and directors. Tags: autobytel acquisition merger automotive marketing

3Tera Acquisition Completes

socalTECH

CA announced Thursday that it has completed its acquisition of Irvine-based 3Tera , a developer of virtualization and cloud computing products. Tags: associates computer hyperv microsoft vmware acquisition merger computing cloud virtualization 3tera Financial terms of the deal, which was originally announced February 24th--was not disclosed. CA said it plans to extend 3Tera's support--currently based on Xen--to VMware ESX and Microsoft Hyper-V.

iSuppli Acquisition Completes

socalTECH

The acquisition of El Segundo-based iSuppli , worth $95M, has completed, according to acquiring firm IHS Inc. The acquisition had originally been announced on November 2nd. IHS said late Friday that the deal also included Screen Digest, a digital media and technology research company which was recently acquired by iSuppli. iSuppli is a provider of analyst services for the consumer electronics and other industries, and is well known for their tear-downs of electronic products.

Top 57 Online Startups Meets Technology Meets Product Posts for November 2010

SoCal CTO

It turns out that I missed October but here are some previous posts in this series: Top 30 Startup Technology and Product Posts for September 2010 Top 40 Startup Posts for August 2010 Top 30 Startup Posts for July 2010 Top 30 Startup Posts in June 2010 Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March This month there are some amazing posts. It’s 2010 and that idea has not graduated to mainstream yet.

Quidel Completes Diagnostic Hybrids Acquisition

socalTECH

San Diego-based Quidel , a developer of medical diagnostic tests, said Friday that it has completed its $130M acquisition of Diagnostic Hybrids. Tags: quidel diagnostics hybrids merger acquisition lifescience medical test Diagnostic Hybrids was located in Athens, Ohio, and develops in-vitro diagnostic assays used by hospitals and reference laboratories. Quidel said that Diagnostic Hybrids had $51M in revenues in 2009.

Local.com Drops LEC Billing Acquisitions

socalTECH

Irvine-based Local.com , the online operator of local search advertising sites, said today that it has suspended its acquisition of LEC-billed subscribers, and will focus on providing its own, credit-card local business product, Exact Match. The firm had recently been acquiring small business customers being served by LEC (Local Exchange Carrier) billing, where customers were billed for operating their web sites through their phone bill.

Dot Hill Completes Cloverleaf Acquisition

socalTECH

Carlsbad-based Dot Hill Systems said today that it has completed its acquisition of Cloverleaf Communications , a developer of storage virtualization and management software. Tags: hill data storage merger acquisition cloverleaf virtualization communications The deal was worth a total of $11.9M in a combination of cash and stock, and was originally announced on January 5th. cloverleaf is based in Israel.

Cogent In $943M Acquisition By 3M

socalTECH

Tags: cogent biometrics security merger acquisition

Internet Brands 2009 Acquisition Total: $24.2M

socalTECH

in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. Tags: internet brands merger acquisition consumer content publishing earnings Los Angeles-based Internet Brands revealed it spent $24.2M The firm--which just this morning said it bought seven consumer websites for its health and home verticals--also revealed that the most recent purchases announced today cost it $8.1M.

Buy.com Acquisition By Japanese Firm Completes

socalTECH

The acquisition of Aliso Viejo-based Buy.com by Japanese ecommerce firm Rakuten has completed, according to Rakuten. The firm's first major move, post-acquisition was yesterday's announcement of an extension of its return policy to 45 days, up from the usual 30 days; the firm said it is specifically looking to challenge Amazon, Best Buy, Barnes & Noble, NewEgg and others with that move. Tags: buy.com ecommerce retail japan rakuten merger acquisition

JMI Equity Gets Win With Nimsoft Acquisition

socalTECH

Tags: equity private nimsoft merger acquisition venture capital

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Pricing Customer Acquisition Sunk Costs and More - Ten Recent Great Startup Posts

SoCal CTO

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Of course, one of the best ideas around this is to have Negative Customer Acquisition Costs. Here are some recent great posts that I’ve come across that generally fall in the intersection of startups and CTOs. Enjoy.

HauteLook Acquisition Completes

socalTECH

Department store firm Nordstrom said this morning that it has completed its acquisition of Los Angeles-based private sales site HauteLook. Nordstrom announced its acquisition of HauteLook on February 17th. The acquisition was one of the quickest in Southern California's technology startup world; HauteLook was founded only three years ago, and only just raised its first funding round in June of 2010.

Qlipso Integrates Into Veoh.com After Acquisition

socalTECH

Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has integrated its service into Veoh.com, after its acquisition of substantially all of the assets of Veoh.com. Qlipso is backed by Jerusalem Venture Partners, and is now operating a Los Angeles office after its acquisition of Veoh. Tags: social sharing video acquisition merger veoh qlipso

Tech Coast Angels Highlights 2010 Deals

socalTECH

The Tech Coast Angels , [ profile ] the largest angel investment group in Southern California, outlined its 2010 deals today, saying that it funded a total of 31 deals in 2010, and had three profitable exits. The three exits the firm highlighted were the IPO of Green Dot , the acquisition of Language Weaver , and the IPO of Trius Therapeutics.

Calacanis Threatens To Sue Arrington Over TechCrunch Acquisition

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Jason Calacanis , the CEO of Santa Monica-based Mahalo.com, is threatening to sue TechCrunch , over TechCrunch's sale to AOL last month, claiming breach of fiduciary duty and constructive fraud. The legal letter and documents were posted by TechCrunch early this morning.

Internet Brands Acquisition Worth $1.1 Billion, Says Report

socalTECH

The acquisition this morning of El Segundo-based Internet Brands by KKR is worth a cool $1.1 KKR is buying Internet Brands from current private equity owners Hellman & Friedman and JMI Equity, who paid around $640M for Internet Brands back in 2010. internet brands merger acquisition internetbrands private equity jmiequity hellman friedman billion, according to a report from the New York Times. The report cited two un-named, unauthorized sources.

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

InfoChachkie

This acquisition resolved the surgical robotic IP landscape and allowed Intuitive to dominate the market. In addition to witnessing BDCs overvalue patents, I have also been a party to transactions in which the lack of formal IP protection caused BDCs to shy away from a potential acquisition.

The Four Main Things that Investors Look for in a Startup

Both Sides of the Table

So NEVER talk about early exits, quick flips, tuck-in acquisitions, previous interest shown by acquirers, etc., I obviously don’t speak for all investors.

Slides 387

What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

After a few acquisitions they offered many of the services you think about as foundations to social networks today. Yes, social networks of 2010 have much better usability, have better developed 3rd-party platforms and many more people are connected.

Study: $48 Billion In Value Created Over 15 Years In SoCal IT VC-Backed Firms

socalTECH

Among the highest acquisition values were MySpace ($580M in 2005), Shopzilla ($560M in 2005), Rent.com ($430M in 2004), Lowermybills ($330M in 2005) and Sandpiper Networks ($630M in 1999). According to Redpoint's Martin, 2010 might be a strong year for exits, with a number of venture capital-backed, Southern California firms currently filed for initial public offerings. Tags: results investment exit california southern acquisition merger capital venture

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What is the Right Amount of Money to Raise at a Startup?

Both Sides of the Table

Let me assume for this discussion it’s a garden variety 2010 IT or Internet business (as opposed to something requiring capital equipment or a life sciences project). They can fund a deal if necessary and valid at the time you present an acquisition target to them.

Entrepreneurs Should be Respected, Not Loved

Both Sides of the Table

Your product team is pissed off because they’re making $120,000 / year and some hot-shot 25 year-olds just made millions from the acquisition of XYZ company that we could have built here!

Some People Are Indispensable, But No One Is Irreplaceable

InfoChachkie

John Greathouse has held a number of senior executive positions with successful startups during the past fifteen years, spearheading transactions which generated more than $350 million of shareholder value, including an IPO and a multi-hundred-million-dollar acquisition.

Makers vs. Takers – Entrepreneurs Create Wealth, They Do Not Confiscate It

InfoChachkie

However, if Mr. Alinsky’s coercive formula of wealth transfer had been in place for the past 100 years, the Los Angeles of 2010 would not be very different from the filthy, destitute pueblo of the 1800’s.

The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

Except that after the acquisition Salesforce.com required that I commute more than an hour each way from Palo Alto to San Francisco. So no prizes for guessing my New Year’s resolution for 2010. I plan to be 25 pounds lighter by December 31st, 2010.

This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Founded in April/May 2010 by Diego Berdakin (Ex-Slingshot Labs) and Josh Berman (Ex-Slingshot Labs, MySpace Co-founder) in Santa Monica, CA. first vertical to launch by 2010 Holiday Season. iAd platform was formally launches in July 2010 as part of iOS 4.