article thumbnail

Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.

article thumbnail

TrueCar Dealer Sales Pass 700,000 Vehicles

socalTECH

TrueCar--which offers up automotive pricing information and automotive configuration and quoting software--said the sales came from more than 5,500 dealer partners. The firm's back end software is used to power the no-hassle, automobile purchasing programs from American Express, Yahoo Autos, AAA, USAA and Consumer Reports, among others.

Truecar 174
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Despite Low Crop Prices, Corporate and VC Agtech Investments Soar

Xconomy

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. The increase in dollars flowing to agtech comes despite commodity prices that are down 65 percent from their 2013 peak, the report says.

article thumbnail

Why Entrepreneurs Hate (Most) MBAs

InfoChachkie

Tool Users - Startups often have a long gestation period in which the team is in discovery mode, defining the company's value proposition, target market, pricing, business model, etc. This same report notes that MBAs will be granted a median starting salary of $90,000, plus an average signing bonus of $15,000.

article thumbnail

Competitive Intelligence

SoCal Tech Calendar

Tuesday, March 20, 2012 -- Competitive Intelligence: 007 Market Intel. Your mission, should you choose to accept it, is to estimate market size, competitive market share, how many potential customers are there, and price points. PDMA SoCal. It's Monday morning. He announces, "Let's build a gold-plated widget!"

article thumbnail

News Corp. In Repeat With Sale To Local Tech Firm

socalTECH

spends hundreds of millions of dollars on a media property, runs it for about seven years, and then decides to unload that same property for a fraction of the price it paid to a Southern California technology--not media--company. That deals loooks to be worth around $100M, based on reports from the WSJ. Well, could be. How about IGN ?

News 159
article thumbnail

On Front Lines Of Price Dispute, Eye Doctors Wary of New Drug Data

Xconomy

They’re also a controversial part of the national debate over high drug prices, and their increased use has put ophthalmologists in the crosshairs of insurers, the federal government, and the press. billion, or 7 percent, of all Medicare money in 2012, according to the New York Times.

Pricing 40