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ReachLocal Up 15 Percent After IPO

socalTECH

Woodland Hills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Tags: reachlocal advertising small business exit merger acquisition. percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00 during the day. READ MORE>>.

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Rubicon Project In Huge Executive Growth Push

socalTECH

In what might easily be the most number of executives announced at once in Southern California, Los Angeles-based online advertising marketplace The Rubicon Project announced ten new executives across engineering, data, administrative and operational strategy, legal, financial and business development. READ MORE>>.

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

socalTECH

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.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

So can you really build a great tech firm outside of Silicon Valley? Los Angeles. But LA is not Silicon Valley and we don’t need to aspire to be so. So it would be unwise to say that funding outside of Silicon Valley will be easier. There are no $600 million funds in Los Angeles. Let me use LA as an example.