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Hydra Looks Up, With Funding In Hand, Legal Troubles Behind

socalTECH

Beverly Hills-based Hydra Media , the cost-per-action (CPA) advertising network, has new funding in hand and legal issues behind it, and is now looking upmarket, the firm told socalTECH in an interview Thursday. How does the firm hope to attract more large brand advertisers?

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Southern Californian, US Entrepreneurs Visit 10 Downing Street

socalTECH

Connell spoke about the many pro-foreign-enterprise initiatives the Cameron government has passed and Van der Kleij fielded questions and feedback on topics ranging from Patent Law to secondary markets. Patent Box ," a new preferential tax regime on patents being considered by the UK government, was a topic of considerable discussion.

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Green Dot Up 22.2 Percent In IPO

socalTECH

Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The firm had debuted on the market Thursday morning at $36.00 percent in its IPO, at $43.99. per share, above initial estimates of $32.00 The firm is now listed at GDOT on the NYSE.

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Hydra Restructures Firm In Buyout

socalTECH

Beverly Hills-based Hydra Network , an online performance-based ad network, has been restructured in a deal where an investor group, Hydra Group led by Hydra founder and CEO, Zac Bradenberg, is purchasing the assets of Hydra LLC , the original owner of the ad network. Financial details of the acquisition were not disclosed.

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Southern California Linked IPOs Grow

socalTECH

The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

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What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years. It is easy to invest capital, but very, very hard to exit, so don't.

Capital 100
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Interview with Dmitri Leonov and Constantine Suychmez, Ulevate

socalTECH

Dmitri Leonov: We built a distribution business for equipment for the spa industry, and have had 10,000 client over that time, but in the last few years, we've really focused on talking to spa customers about their needs in the market. We then started to help clients switch to marketing using our own machines.

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