Napster Brand Lives On, Sold To MelodyVR
socalTECH
AUGUST 25, 2020
The acquisition of the brand is not the first for Napster, which was acquired by RealNetworks/Rhapsody Networks in 2011; Rhapsody Networks renamed itself to Napster in 2016.
Active Network Plans Offering For Investors
socalTECH
JANUARY 20, 2012
The venture investors in San Diego-based sports website firm Active Network are looking to take some dollars off the table, via an offering from Active, according to an S-1 filed by the company Friday. The sales come around 9 months after Active Networks May 2011 IPO. In the filing, Active said it is planning to sell 1.5
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Ixia Buys BreakingPoint Systems
socalTECH
JULY 2, 2012
Calabasas-based Ixia , the developer of network testing equipment and software, announced this morning that it is in a definitive agreement to acquire BreakingPoint Systems , a developer of security testing tools. Ixia has been in an acquisitive mood lately, most recently acquiring network monitoring equipment firm Anue Systems in May.
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Active Network Revenues Up In Q1, Sets Trading Symbol
socalTECH
MAY 5, 2011
San Diego-based Active Network , the operator of sports registration and online community sites, said in a filing today that it had a net loss of $10.9M on revenues of $72.71M for the three months ended March 31, 2011. The firm--which is currently in IPO registration--also set its trading symbol as ACTV. on revenues of $63.2M.
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145 Fullscreen Acquired By Chernin Group, AT&T
socalTECH
SEPTEMBER 22, 2014
Los Angeles-based Fullscreen Network is being acquired by Otter Media , a joint venture of AT&T and The Chernin Group, in a deal which is reportedly worth between $200M and $300M. Fullscreen, which is led by George Strompolos, operates a giant YouTube network. Fullscreen was founded in January of 2011. READ MORE>>.
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Ixia to Acquire Anue Systems For $145M
socalTECH
MAY 7, 2012
Calabasas-based network testing equipment provider Ixia said Monday morning that it has agreed to buy Anue Systems , a developer of network monitoring and test products, in a deal worth $145M in cash. Ixia said that Anue had 2011 revenues of $40.5M, with revenues of $47.6M in the twelve months ended March 31, 2012.
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Green Dot's Mashup Of Mobile Startup, Bank Powers GoBank
socalTECH
JANUARY 16, 2013
Through two strategic acquisitions, one made in late 2011, and one made in early March of 2012. Green Dot--which launched its mobile banking app and service, GoBank , this week--apparently was positioning itself for the move in 2011, when it acquired a small community bank in Utah, with a mere $35.7M READ MORE>>.
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Hulu Sells Off Japanese Business
socalTECH
FEBRUARY 28, 2014
Los Angeles-based streaming television service Hulu announced late Thursday that it is selling its Japanese business to Nippon Television Network Corporation (Nippon TV). Hulu had only launched services in Japan three years ago, in September of 2011. Financial terms of the deal were not disclosed. READ MORE>>.
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WSJ Top Startups List: SoCal Matches Silicon Valley On IPOs
socalTECH
SEPTEMBER 27, 2012
The number of IPOs of companies on the Journal's list from 2011 from Southern California matched the number of IPOs of Silicon Valley companies. Of the list of 50 startups, both San Diego's ServiceNow and fellow San Diego firm Active Network has IPOs last year, out of only a total of six IPO exits from the WSJ's list.
Demand Media Sweetens Executive Pot
socalTECH
SEPTEMBER 17, 2010
million of its shares, upon the completion of an IPO before March 31, 2011. Security research firm KnujOn had reported in June that eNom was hosting a number of "criminal pharmacy networks" and had not agreed to cooperate with LegitScript on rooting out those networks; it appears Demand Media is now actively trying to address that problem.
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194 ReachLocal's Zorik Gordon On Daily Deals
socalTECH
FEBRUARY 17, 2011
To get some perspective into ReachLocal's entry into the daily deals space and where it sees the acquisition fitting, we spoke with Zorik Gordon , CEO of the company. So what is the strategy behind the acquisition, and how do you see this fitting into the daily deals area? Zorik Gordon: We're excited about the acquisition.
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How to Build a User Base
SoCal Tech Calendar
MAY 23, 2011
Monday, May 23, 2011 -- How to Build a User Base; Reaching the Critical One Million Mark. which was sold to Zynga Game Networks, Inc. After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150 million monthly users including games like Cityville, Farmville, and Frontierville.
Learn From The Masters of SEO, Social, Branding, Advertising and More | PubCon 2011
Tech Zulu Event
NOVEMBER 2, 2011
Here are 10: High Level of Content : Each PubCon track or sub-conference is focused on a specific aspect of marketing featuring topics that are important to your marketing and traffic-acquisition strategies. Takeaways : PubCon presentations always end with at least one specific takeaway that you can apply to your business’ own projects.
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2011 May be the Year of the IPO for Social Media
Startup Professionals Musings
JANUARY 16, 2011
Do you need the IPO for your acquisitions strategy? Of course, you’re going to have to perform well to make that stock useful in the acquisitions process. Is your spotlight bright enough to start a new wave? Do you need this for recruitment and retention? Which stock would you bet on as the leader? Marty Zwilling.
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89 How FreedomPop's Free Wireless Internet is Disrupting Telecom
socalTECH
JANUARY 28, 2013
What's critical, is we don't run a network, install antennas, or build up a network. We've only got 40-45 people, versus if you look at a Verizon or AT&T, where they have tens of thousands of people having to support their network and provide customer support. We're able to create some margin off pay-as-you-go.
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Adconion Rolls Joost Into Smartclip
socalTECH
MAY 9, 2012
Adconion Media Group , the online advertising network which has major operations in Los Angeles, said this morning that it has rebranded Joost Media into a its smartclip video advertising division. Joost had been spun out of Adconion into a new, independent firm in Santa Monica in January of 2011. READ MORE>>.
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ValueClick Buys Greystripe
socalTECH
APRIL 25, 2011
Westlake Village-based online advertising firm ValueClick announced this morning that it has acquired Greystripe , an operator of a brand-focused mobile advertising network. The company expects Greystripe to add $24 to $26M in revenues for the remainder of 2011. The deal was worth $70M in cash.
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Learn From The Masters of SEO, Social, Branding, Advertising and More | PubCon 2011
Tech Zulu Event
NOVEMBER 2, 2011
Here are 10: High Level of Content : Each PubCon track or sub-conference is focused on a specific aspect of marketing featuring topics that are important to your marketing and traffic-acquisition strategies. Takeaways : PubCon presentations always end with at least one specific takeaway that you can apply to your business’ own projects.
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Will Facebook's IPO Unbottle Southern California's Pipeline?
socalTECH
FEBRUARY 2, 2012
billion in 2011 in its S-1, which is being underwritten by Morgan Stanley, J.P. The firm reported net income of $1 billion on revenues of $3.7 Morgan, Goldman Sachs & Co., BofA Merrill Lynch, Barclays Capital, and Allen & Company.
ContentNext Up For Sale
socalTECH
NOVEMBER 21, 2011
paidContent said ContentNext employes 16, with paidContent now bringing in 639,000 uniques as of October 2011, with more than 1.3 million pageviews; the network has 808,000 uniques, and 1.67 Names of potential buyers were not discussed. paidContent said that Guardian is working with Coady Diemar Partners on a possible sale.
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Branchout an Example of Viral Spread Opportunity for Startups
SoCal CTO
JUNE 15, 2011
The purpose of Branchout is helping people to network their way to jobs. And it certainly seems to have worked with reports of: Branchout has seen explosive growth in January 2011, growing from 10K to 250K monthly users, with a total usership now in the hundreds of thousands. That's impressive growth! How did they do it?
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331 Branchout an Example of Viral Spread Opportunity for Startups
SoCal CTO
JUNE 15, 2011
The purpose of Branchout is helping people to network their way to jobs. And it certainly seems to have worked with reports of: Branchout has seen explosive growth in January 2011, growing from 10K to 250K monthly users, with a total usership now in the hundreds of thousands. That's impressive growth! How did they do it?
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323 Good Times Ahead for VC-backed Tech Companies?
Both Sides of the Table
OCTOBER 21, 2009
Montgomery believes there will be 50 IPOs in 2010 as there is pent-up supply and a higher risk tolerance amongst institutional public investors harmonizing at 40 deals / year for the 3 years starting in 2011. More interestingly Montgomery expect the M&A market to grow to 600 in 2011 and 750 in 2012. Love to hear more views! .
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Spotlight: LA Tech Summer Judges Includes BetterWorks, CallFire, Idealab, and Tech Coast Angeles
Tech Zulu Event
JUNE 17, 2011
So with out further ado I present the Spotlight: LA Tech Summer 2011 Judges! sold to Zynga Game Networks, Inc.). After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. When: Thursday, July 14th, 2011 – 6:00 p.m.
AirPush's Asher Delug: Bootstrapping Your Way To $100M
socalTECH
MARCH 28, 2014
Asher Delug: Airpush is a mobile ad network, similar to an Admob or Millenial Media. They''re starting to look at more advanced conversion funnels, LTV analysis, and we''re seeing an overall maturity of user acquisition techniques by big buyers. We called 2011 and 2012 the years of shotgun media buying.
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196 Startup Location Is Still A Critical Success Factor
Startup Professionals Musings
DECEMBER 7, 2013
For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or Angel investors in Phoenix, Arizona, where I live. Wessel measures a 39% acquisition advantage to being in-state. get the attention of the market they choose.
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102 Biz2Beach To Stream Live Here On TechZulu
Tech Zulu Event
AUGUST 15, 2011
For those who may be unfamiliar with the Biz2Beach conference, its a networking conference of thought leaders, innovators, and trendsetters for a day of exchanging ideas. and most recently Myspace, where he ran an online marketing team focused on SEO, social media, and paid traffic acquisition. Krishna Subramanian, Co-Founder, Mobclix.
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Spotlight: LA Tech Fall Judges Include Mike Jones, CallFire, Idealab, Tech Coast Angels, Coloft
Tech Zulu Event
SEPTEMBER 27, 2011
So with out further ado I present the Spotlight: LA Tech Fall 2011 Judges! A serial Internet entrepreneur, Mike has founded and sold numerous businesses, including agency PBJ Digital, application platform Userplane, which he led from startup to its acquisition by AOL, Tsavo Media and Myspace. Event Details. to 9:30 p.m. RSVP: AGENDA.
Interview with Daniel Scalisi, MobileCause
socalTECH
NOVEMBER 30, 2009
Daniel Scalisi: We've got many nationally recognized organizations, including the Children's Miracle Network, the National Breast Cancer Association, the Humane Society, which are just a few of our customers. Email is becoming ineffective, and by 2011 there will be three times more smart phones than computers.
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162 What the Past Can Tell Us About the Future of Social Networking
Both Sides of the Table
DECEMBER 5, 2010
I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of social networks? And so it goes with social networking. The Past (1985-2002).
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Should Startups Focus on Profitability or Not?
Both Sides of the Table
DECEMBER 27, 2011
While Google and Facebook will buy “acquihires” (at least as of Dec 2011), many acquirers hate the idea of buying companies that aren’t profitable. When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?”
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Marketing The Funniest Site On The Internet With Patrick Starzan of Funny or Die
Tech Zulu Event
SEPTEMBER 13, 2011
Above is an interview we did with Patrick at BlogWorld Expo New York 2011. No social network has stood the test of time. I think the biggest weakness to any social network is also it’s greatest strength; the community. Will the next generation want to be on the same network as their parents or everyone older then them?
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61 Why Google Fiber? Moat-widening Endeavor & Future of Computing.
Tech Zulu Event
OCTOBER 7, 2013
Someone needs to manufacture all of this hardware and network infrastructure to connect everything. In October 2011, Google purchased Motorola, which has business units dispersed through the first four layers of the value chain: component design, component production, device design, and device production. The post Why Google Fiber?
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92 Spotlight: LA Tech SuperDemo Announced! | Mike Jones Former Myspace CEO
Tech Zulu Event
SEPTEMBER 21, 2011
This included stabilizing a historically negative traffic and user trend, reducing the operational cost of the business by nearly 90 percent and pivoting the product from its legacy as a social network to a social entertainment destination. Entries will be closed for company submissions at midnight of October 16th, 2011.
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76 Flying With A Wounded Wing: Why Twitter Still Has More Than A Chance
Tech Zulu Event
FEBRUARY 17, 2016
Why is Twitter’s user acquisition at a standstill , and why are their ad products failing? Sometime in 2011, I started to notice that the content I was putting out on Twitter was not getting the attention that it used to. When you’re the fourth place network, things aren’t going great. THE REALIZATION THAT TWITTER MIGHT SUCK.
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63 Los Angeles Entrepreneurs To Be Proud Of
SoCal Delicious
MAY 6, 2012
He previously led business development for Affiliate Fuel, leading to its acquisition by Experian in 2005. sold to Zynga Game Networks, Inc.). After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville.
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Interview with Jason Howe, CEO of Awarepoint
socalTECH
NOVEMBER 25, 2008
The difference in what we're doing, is we're an active sensor network. In 2004, we switched over to Zigbee sensor networks, 802.15.4, I think that there might be cash toward the end of 2010 or 2011, where IPOs might be reasonable. Jason Howe: RFID is used a lot in pharmacies. Our RFID tags have their own battery power.
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113 Ten Tech Entrepreneurs Who Are Putting LA on the Map
SoCal Delicious
SEPTEMBER 19, 2012
Miller was even honored as an Ernst & Young “Entrepreneur of the Year” for 2011. In 2011, Business Insider ranked Legal Zoom No. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. magazine and the LA Business Journal.
5 things Silicon Valley gets wrong about Southern California
SoCal Delicious
AUGUST 28, 2012
Acquisition. Social networking. billion for its endowment in 2011 alone. Amid criticism, Uber’s CEO fights back: ‘On bad days, I look at our revenue graph’ channels. Editor’s picks. Featured stories. Cloud services. Cloud storage. Enterprise. Venture capital. Developers. Entrepreneur. Entrepreneurs.
Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles
SoCal Delicious
OCTOBER 8, 2012
In Santa Monica, the median price of homes jumped 16% in the first eight months of 2012 compared with 2011, after a 9% decline over the same period the year before, according to Multiple Listing Service data compiled by Paul Habibi, a professor at the University of California, Los Angeles. 2012, compared with the same period in 2011.
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44 It’s Morning in Venture Capital
Both Sides of the Table
MAY 23, 2012
The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. The numbers of potential buyers had decreased dramatically both because large companies were shedding jobs and because many past buyers simply lacked resources to make acquisitions.
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Top 57 Online Startups Meets Technology Meets Product Posts for November 2010
SoCal CTO
DECEMBER 1, 2010
aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. Clearly it'd be more accurate to say "sometime in Q1 2011." If network B has 20 users than it’s value is 400 (20*20).
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175 Top 120 Startup Posts for 2010
SoCal CTO
JANUARY 5, 2011
. - 500 Hats , January 10, 2010 Developing new startup ideas - Chris Dixon , March 14, 2010 Batch Processing Millions and Millions of Images - Code as Craft , July 9, 2010 jQuery Plugin: Give Your Characters a NobleCount - The Product Guy , March 23, 2010 How do the sample Series Seed financing documents differ from typical Series A financing documents? (..)
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