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West Hollywood-based Citysearch , the online local business guide owned by IAC, announced today that it has launched a new online advertising service for local businesses called CityGrid Complete. According to Citysearch, it made an investment in OrangeSoda to build the new service. READ MORE>>.
West Hollywood-based Citysearch , the local reviews and directory service of IAC, has taken an unusual approach to finding its next business idea: it's running a contest which asks its users to submit a "brilliant" idea for web and mobile applications. Tags: citysearch business contest idea venture capital equity. READ MORE>>.
Among executives at the firm are Kenn Stearns (eRealty), who joins as Chief Product Officer; Saro Vasudevan (Capital One), Chief Customer and Credit Officer; David Subar (BreakMedia, Interthinx), as Interim Chief Technology Officer; and Michael Barton (Startup Exchange, TicketMaster-CitySearch), who joins the firm as Chief Operating Officer.
A list of the top ten cities for startups was released by USA Today and the National Venture Capital Association today, naming both Los Angeles and San Diego among the best cities for startup companies. READ MORE>>.
Los Angeles seems to be cementing itself in as the capital of celebrity and e-commerce, with the latest deal being Moonfrye , a new, "celebrity mom" startup featuring Soleil Moon Frye, best known to the rest of us as Punky Brewster. According to Suster, Moonfrye ''s CEO is Kary Nortman, who formerly ran Citysearch and UrbanSpoon for IAC.
Cincinnati, like many startup communities in the US over the past 5 years, has revitalized important regions in its urban core, created accelerators, built co-working facilities, pooled together angel capital, attracted VCs, involved educational institutions and solicited the help of important corporations in a more cohesive ecosystem.
Sean Moriarty , formerly the CEO of Ticketmaster, and currently Entrepreneur in Residence for venture capital firm Mayfield Fund, has joined the board of Los Angeles-based Triton Media Group. Moriarty has also served at Citysearch, and has been on the boards of Points.com and iLike.
Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. upfront ventures partners venture capital fund startup msuster suster launchpadla' READ MORE>>.
MacFarlane is the former CEO of InsiderPages, which he sold to Citysearch in 2007. Tags: ichange community nutrition venture capital momentum ventures. Source of the new funding was not disclosed. iChange offers up a site for personal counseling from licensed nutritionists, combined with custom meal plans and support groups.
Operating experience (Helped run parts of CitySearch & UrbanSpoon, tons of product management experience, Board of Hatch Labs which helped spawn Tinder). As I like to say (and as Kara humbly hates when I do so in front of others) … she has a much better resume to a venture capital partner than I do.
She took an operating role helping run Citysearch and Urbanspoon. Venture capital is about backing the leaders of tomorrow who imagine the world as it should be and aren’t constrained by what it is today. My literal response was, “She went to Princeton undergrad and has a Stanford MBA.
GRP’s biggest winners over the years have not only come from LA (Overture, CitySearch, TrueCar) but from Chicago (Envestnet, Ulta), Las Vegas (HDI), Baltimore (BillMeLater), New York (DealerTrack), London (LastMinute.com) and other locations. But luckily for his wife I don’t think he’ll be spending much extra time there.
So he founded … wait … CitySearch. Some IdeaLab successes / brand names aside from Overture & CitySearch? He thought, “This way any product you launch you can talk instantly with and get feedback from customers.&# He had the idea that people would want city guides to tell them where to eat and what to do.
Moonfrye, Kara spent close to seven years at IAC where she was the SVP and General Manager of Urbanspoon and Citysearch; she also served at Morgan Stanley, Microsoft, and Battery Ventures. Nortman joined Upfront from children's e-commerce company Moonfrye, which she founded in 2014. READ MORE>>.
Idealab, led by Bill Gross, who founded Overture, CitySearch and MANY other business [Pasadena]. Think about venture capital. But if you were going to start a venture capital fund today, you’d want to stand out. But if you were going to start a venture capital fund today, you’d want to stand out.
Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venture capital firms in the country. If you are talented, of course, you can get funded in any region with enough venture capital and obviously in markets outside of the Valley it is easier to get noticed and get access.
When you think about the success that is Silicon Valley, the unfair advantage is not just the huge amounts of available venture capital. A key deal not only helps you raise venture capital but it can help attract employees, garner press attention, help with product focus & importantly drive customer adoption and/or revenue.
It's also through venture capital funds we talk with--there are no formal partnerships yet--but certainly referrals to their relationships. I came out of Boston Consulting, doing technology and new media consulting, then I went to Citysearch, where I was one of the early executives running bizdev and international. READ MORE>>.
Funding is different – In Silicon Valley you have mega venture capital funds and many of them. We were also an investor in the early local listing company, CitySearch – an LA company. But we have a great city for building technology companies. If you decide to build a company in LA, here’s what you need to know: 1.
We''re going to do more calls for programming, provide seed capital, and provide the back office for those events. My own history, is I was here when Overture was doing great things, and Citysearch, Earthlink, and eHarmony were all here. It''s all about becoming a catalyst for translating things into action.
The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market. CitySearch, now a part of IAC, established the category of local online community directories.
billion to Yahoo, we did CitySearch, we invested in the largest travel site in Europe, called LastMinute.com, and also CyberSource--a number of very early stage, Internet companies. We have a regional focus here, and the market is underserved in venture capital, yet it's the second largest metropolis and DMA in the country.
Venture Capital: Upfront Ventures. Their roster of success includes numerous pioneering tech companies, many of which continue to be industry leaders today — Overture, BillMeLater, CitySearch, and more. Get to know them now before they become household names. Events: Digital LA / Silicon Beach Fest.
The city has, however, quietly been home to some of the most successful online companies to date, including CitySearch (sold to Ticketmaster for $260 million in 1998), Overture (acquired by Yahoo for $2 billion in 2003), eHarmony and LowerMyBills (bought by Experian for $330 million in 2005). And what happened in L.A. 10 years ago.
Southern California companies are second to only Silicon Valley in raising venture capital , there are three major universities to recruit talent – UCLA, Caltech, and USC – and a thriving startup community to mingle with. Los Angeles offers a great deal, both in terms of business opportunities and lifestyle awesomeness.
There is all sorts of advice on the Internet about how to raise capital. I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. So why would raising venture capital be any different. Of course much of it is conflicting. ” We went the opposite way.
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