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RightScale co-founder Siegel Sells Exceptional.io To Rackspace

socalTECH

Jonathan Siegel , who co-founded Santa Barbara-based startups RightScale, RightCart, and RightSignature, has scored an exit today, and has sold Exceptional Cloud Services , his latest cloud software startup, to cloud hosting provider RackSpace. Financial terms of the acquisition were not announced by the companies.

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InTouch Health Acquires TruClinic

socalTECH

Santa Barbara-based InTouch Health , which provides telehealth services, said on Thursday that it has agreed to acquire TruClinic , a web-based telemedicine provider based in Salt Lake City, Utah. Financial details of the transaction were not announced.

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Citrix Acquires Paglo Labs, Launches IT Management Tool

socalTECH

Santa Barbara-based Citrix Online , the firm behind the popular GoToMeeting software, said today that it has acquired Paglo Labs , a developer of IT search and management tools, and launched its own IT management platform called GoToManage. Financial terms of the acquisition, which occurred earlier this year, was not disclosed.

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Negative Customer Acquisition Costs - Creative Startup Marketing Ideas - Eric David Greenspan

SoCal CTO

I frequently work on networking through the social web and building new relationships that will foster knowledge gathering or business growth. We need to spend some time discussing what you do with the social web. Our new customer acquisition has grown and our costs have plummeted. A negative customer acquisition cost!

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Ten Startup Tips From Amazon Founder, Jeff Bezos

InfoChachkie

I review these tenets with my entrepreneurial students at UC Santa Barbara at the beginning of each quarter to reinforce many of the key topics we will cover in the following weeks. Web-based businesses must compete in the blinding light of total transparency. Add Up Lots Of Little Advantages.

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

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. I think we've done some of the really exciting companies in LA, including most recently Clicker, Machinima, BUZZmedia, and SVnetwork.

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Interview with Mark Cromack, Cogi

socalTECH

Santa Barbara-based Cogi (www.cogi.com) recently launched a phone-based service which allows users to transcribe conference calls and meetings. What are the barriers to entry here--it seems like there have been a number of web startups who are doing some aspects of this--if not conference calls, at least transcribing voicemails?