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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

socalTECH

Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. According to Demand Media, it paid $17M for Saatchi Art, in a mix of cash and stock, in a deal which will add revenues of $0.5M

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Los Angeles, San Diego Among Top 10 Cities For Startups

socalTECH

USA Today cited the activity of such companies as Demand Media, Break.com, Buzzmedia, Citysearch, Google, JibJab, ShoeDazzle, and Viddy in Los Angeles, and Qualcomm, Slacker, Sorenson Media, and MOGL in San Diego as examples of those cities' active startup base. READ MORE>>.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

He then pointed out that for service-based businesses every slot that went unfilled the provider had very high fixed costs and very low marginal costs and people ought to be willing to sell low-demand or last-minute expiring times at a discount while selling premium times at full price or even a surge price.

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Do you Suffer from the Urgency Addiction? It’s More Common Than you Think

Both Sides of the Table

Yet in LA we have hugely successful entrepreneurs who have built big companies like Overture, CitySearch, MySpace, TicketMaster.com, LowerMyBills, Commission Junction, eHarmony and on and on. I though to myself, “too many young entrepreneurs in LA seem to feel pressured by NorCal VCs to move to the Bay Area. I hear it all the time.

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Guide to the LA Startup Community

SoCal Delicious

Demand Media is an online media company operating two strategically-linked businesses: an integrated content and social media platform, and registrar solutions. Citysearch is an online guide that offers information and recommendations regarding local businesses including restaurants, shops, bars, hotels, and others. LowerMyBills, Inc.

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

It has the dual technology patrons and yet the consistent story I get is that they’re not actively out embracing the startup community, helping local successes emerge, getting comfortable with the symbiotic benefits of some employees going to startups that innovate at a different pace and then buying up local teams, talent & IP.

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Female Founders and CEOs | Valerie Brennan of Three Day Rule

Tech Zulu Event

We both had different types and interests in men and thought it would be great if there was a Citysearch for women based upon types. We started seeing a demand for what we were doing and from there began throwing singles parties, doing match making, and date coaching. We spent the time researching and gathering all the data we could.

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