socalTECH

SEPTEMBER 20, 2010

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

FEBRUARY 22, 2011

We've been quite active, and have had a bunch of acquisitions lately -- including Internet Brands and MySpace -- a total of over 2 billion in acquisition in Southern California. We've created over a billion dollars in public market capital created by our investments here. We really believe in the market.

Redpoint 154

Redpoint Southern California Cornerstone OnDemand Invest 154

Both Sides of the Table

JULY 1, 2010

Scott left the company, which eventually IPO’d and became Internet Brands. Rumored to have turned down acquisition offers from Yahoo and Facebook. Company plans to use the capital to build out sales and marketing and r&d. -a Foursquare. -A A location based service which incorporates social and gaming elements.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

Both Sides of the Table

MARCH 11, 2011

IdeaLab has created 75 companies, leading to 8 IPOs, 35 or so acquisitions and more than 5 companies worth in excess of $1 billion. Some IdeaLab successes / brand names aside from Overture & CitySearch? Cars Direct / Internet Brands. they can build teams that really focus on building & marketing great products.

Competition 350

Competition Idealab Product CitySearch 350