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Demand Media Buys E-Commerce Marketplace Society6 For $94M

socalTECH

Santa Monica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. According to Demand Media, it paid $94M for Society6, including $75M in cash and approximately $19M in its common stock.

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Darkstore launches FastAF app for same-day product delivery

TechCrunch LA

Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, has just released a consumer-facing app called FastAF. Hnetinka, you may remember, founded WunWun back in 2012 to provide on-demand delivery for stores and businesses. Right now, the app is only available in Los Angeles.

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The Israel Conference

SoCal Tech Calendar

Friday, June 1, 2012 -- The Israel Conference. May 31 and June 1, 2012. The Israel Conference is a fast-paced business conference showcasing the vitality and growth of Israel-facing business through a variety of panels on hot industry topics and trends with world-class speakers and high-quality networking. See [link] (more)

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The Israel Conference

SoCal Tech Calendar

Thursday, May 31, 2012 -- The Israel Conference. May 31 and June 1, 2012. The Israel Conference is a fast-paced business conference showcasing the vitality and growth of Israel-facing business through a variety of panels on hot industry topics and trends with world-class speakers and high-quality networking. See [link] (more)

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Fifty years of the internet

TechCrunch LA

The network grew exponentially from its earliest days, with the number of connected host computers reaching 100 by 1977, 100,000 by 1989, a million by the early 1990’s, and a billion by 2012; it now serves more than half the planet’s population. This monetization of the internet has changed it flavor.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

He built & IPOd Demand Media. We don’t seem to get credit as a community for SpaceX or recognition as one of the fastest growing communities for commerce: Honest Company & JustFab. Commerce: What is less known is just how important LA is as a commerce hub. He built & sold iMall in Internet 1.0

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Slickdeals: How An LA Team Is Polishing Up A Diamond In The Rough

socalTECH

The content is really amazing, and leverages the power of social, and applies that towards e-commerce and deals. Josh Meyers: When I looked at Slickdeals at 2012, I saw a company that had been around for more than ten years, a company that had incredible content--really amazing content. That''s how we got into LA.

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