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IPO Slowdown? Not For This Market: Santa Barbara

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Amid hand wringing about an IPO slowdown in 2015, there's one shining region which had a banner IPO and acquisition year last year: Santa Barbara. billion acquisition of lynda.com by LinkedIn last April, and three companies-- MindBody , Appfolio , and CytomX Therapeutics (founded out of UCSB)--all had their IPO on the NASDAQ in 2015.