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Demand Media Market Cap Huge, But Green Dot Still Bigger

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The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. billion, compared to Demand Media's (DMD) $1.4

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Southern California Linked IPOs Grow

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which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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Green Dot Targets Older Adults With AARP Deal

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Monrovia-based Green Dot , the provider of prepaid credit cards headed by Steve Streit, is looking to expand its market, with a partnership with the AARP. According to Green Dot Thursday, it will launch an "AARP Foundation" prepaid Mastercard, which will be tailored to older Americans. READ MORE>>.

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

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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. Internet Brands had gone public just three years ago.

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SoCal Racks Up Another Successful IPO

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Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.