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LAVA Honors Richard Riordan, Local Technology Firms

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LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. Other IPO finalists were RealD , ReachLocal , and Inphi. Finalists were CODA Automotive , Fisker Automotive , and Amonix.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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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. Internet Brands had gone public just three years ago.