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Demand Media Names Domain Spinoff, Appoints Execs

socalTECH

Santa Monica-based Demand Media said this morning that it has come up with a name for its domain name services group, which it is in the midst of spinning off into an independent company. Demand Media said the new company will be named Rightside Group, Ltd. , Naidu has been head of Demand Media''s domain business since 2011.

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Demand Media Revenues, Profits Up

socalTECH

Demand Media , the online media publishing firm headed by Richard Rosenblatt, reported record revenues and profitability, the firm said Monday afternoon, as its released its third quarter results. The firm's total revenues grew to $98.1M, up 20 percent from Q3 of 2011 when it reported revenues of $81.5M.

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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 Increases Revenues, Posts Loss

socalTECH

Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, announced its third quarter 2011 financial results on Monday, saying that it had a loss from operations of $3.3M, with a rise in revenues to $81.5M. Revenues were up 25 percent compared with Q3 of last year, when it had revenues of $65.4M.

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Demand Media Sweetens Executive Pot

socalTECH

Ahead of its IPO, Santa Monica-based Demand Media , the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M million of its shares, upon the completion of an IPO before March 31, 2011. READ MORE>>.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

billion in IT exits in 2011, the highest since 2000, for Southern California IT firms. According to the report, the biggest exit during 2011 was for Greent Dot , which provided liquidity of $2 billion for its pre-IPO investors, the highest of any exit since 2000. A new report released today tallies up $7.7

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Demand Media Defends Fiscal Outlook

socalTECH

Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, said Sunday that it is reaffirming its financial outlook for fiscal year 2011. Demand Media said that that report "significantly overstated" the negative impact of those Google changes. READ MORE>>.

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