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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. READ MORE>>.

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

Both Sides of the Table

Los Angeles. There are no $600 million funds in Los Angeles. Many of the Valley tech firms saw advertising as “beneath them&# and many VCs in the first boom encouraged people to focus on eyeballs rather than dollars. So can you really build a great tech firm outside of Silicon Valley?