socalTECH

JUNE 27, 2012

San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00 per share, is backed by JMI Equity and Sequoia Capital.

Pricing 145

Pricing San Diego Equity Invest 145

socalTECH

JANUARY 26, 2011

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

Demand 162

Demand Pricing Cornerstone OnDemand Media 162

socalTECH

JUNE 28, 2012

San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners. per share, above its estimated initial offering range of $15.00 The firm is set to trade as NOW on the New York Stock Exchange on Friday.

Pricing 150

Pricing Marketing San Diego Equity 150

socalTECH

SEPTEMBER 17, 2012

BigMachines , a developer of cloud-based software for product configuration, pricing, quoting, and proposals, has scored funding from San Diego private quity investor JMI Equity. The funding round came from Vista Equity Partners, JMI Equity, as well as new investors Salesforce.com.

Equity 140

Equity San Diego Pricing Software 140

socalTECH

JUNE 19, 2012

San Diego-based ServiceNow has set the pricing range for its IPO, saying today that it anticipates an initial public offering price for the firm at between $15.00 The firm is backed by JMI Equity and Sequoia Capital. and $17.00 READ MORE>>.

Pricing 133

Pricing San Diego Equity Software 133

socalTECH

OCTOBER 21, 2013

Los Angeles-based private equity investor Marlin Equity Partners is acquiring Tellabs , a provider of mobile backhaul, optical networking, and other products for the telecommunications networking market, in a deal worth $891 million. According to Marlin Equity, it will pay $2.45 According to Marlin Equity, it will pay $2.45

Equity 124

Equity Pricing Networking Acquisition 124

Both Sides of the Table

APRIL 28, 2010

Blippy (and their competitor Swipely – which was founded by Angus Davis , who has a great track record from both Netscape and TellMe, both aim to capitalize on the era of consumers living more openly ala Twitter, Foursquare and Gowalla. Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures.

Venture Capital 270

Venture Capital Capital Rustic Canyon Mobile 270

Berkonomics

NOVEMBER 23, 2023

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … Equity is divided between the founders and the business begun.

Equity 156

Equity Class Pricing Sales 156

socalTECH

AUGUST 8, 2012

San Diego-based Peregrine Semiconductor priced its IPO last night, saying that it will offer up 5,500,000 shares of its common stock at $14.00 Peregrine priced at the low end of its initial estimated pricing range, which was $14.00 Morgan Securities LLC, RBC Capital Markets LLC, Needham & Company LLC, Oppenheimer & Co.

Pricing 133

Pricing San Diego Startup Equity 133

Both Sides of the Table

SEPTEMBER 25, 2010

When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. As I’m generally a believer in ‘pricing rounds’ I initially didn’t agree with the premise of the post. Photo credit: D. rings true to me.

Venture Capital 286

Venture Capital Pricing Technical Review Startup 286

socalTECH

SEPTEMBER 23, 2020

Santa Monica-based prescription and healthcare marketplace operator GoodRx has priced its IPO, saying late last night that it is offering up 34,615,384 shares of its Class A common stock at $33.00 The company priced well above its initial offering range, which was $24.00 per share, indicating high investor interst in the company.

Pricing 113

Pricing Silver Lake Santa Monica .Net 113

Berkonomics

AUGUST 21, 2013

Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large.

Capital 153

Capital .Net Equity Pricing 153

socalTECH

SEPTEMBER 20, 2010

El Segundo-based Internet Brands , the Internet media firm headed by Bob Brisco, has been acquired by private equity firm Hellman & Friedman Capital Partners, in a deal worth approximately $640M. The price is a premium of approximately 46.5 percent over its closing price Friday. READ MORE>>.

Internet Brands 190

Internet Brands El Segundo Equity Pricing 190

socalTECH

JUNE 29, 2012

The firm priced its IPO above estimates, at $18.00 The firm had earlier estimated an initial pricing range of $15.00 JMI Equity is based in San Diego. San Diego-based ServiceNow has proven that the market for initial public offerings is still strong this morning, opening up at $23.08 in its first day of trading on the NYSE.

San Diego 176

San Diego Equity Pricing Invest 176

Both Sides of the Table

MAY 23, 2010

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. a loan) that is later converted to equity at the time of the next financing. Maybe the market views this as not worth the price you paid?

Startup 290

Startup Funding Venture Capital Pricing 290

socalTECH

SEPTEMBER 14, 2020

Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 GoodRx is backed by private equity firms Silver Lake, Francisco Partners, Spectrum, and Idea Men LLC. and $28.00 The company is looking to raise as much as $1.1 GoodRx has filed to trade as GDRX.

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113

socalTECH

SEPTEMBER 4, 2009

Costa Mesa-based Semicoa , which was spun back out of semiconductor firm Microsemi on August 24th, has raised $16M in funding associated with the private equity deal. The funding came from Vance Street Capital. Tags: semicoa microsemi venture capital private equity merger acquisition. military and space programs.

Pricing 100

Pricing Equity Venture Capital Acquisition 100

SoCal CTO

JANUARY 5, 2011

Grade A Entrepreneurs , September 5, 2010 Why Krispy Kreme failed in Australia - Start Up Blog , November 3, 2010 Mellow Johnny’s: Retail Stores as Community Hubs - IDDICTIVE.COM , July 14, 2010 Is crowdfunding an option for my business?

Startup 378

Startup Venture Capital Blogging CTO Coach 378

TechCrunch LA

APRIL 27, 2021

Rowe Price Associates Inc. and OMERS Growth Equity. The investment also brings its total capital raised since its 2008 inception to $386 million. The company plans to do more acquisitions with the capital, according to Newton. Clio last raised in September of 2019 when it brought in $250 million in a Series D financing.

Platform 244

Platform Equity SaaS Los Angeles 244

socalTECH

APRIL 4, 2014

TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners. truecar merger acquisition exit nasdaq true automobile buying pricing' TrueCar reported a loss of $22.6M READ MORE>>.

Truecar 159

Truecar Anthem Santa Monica Pricing 159

Both Sides of the Table

JUNE 22, 2011

But that doesn’t mean that people are paying rational prices as investors based on intrinsic value. Rational people can disagree and some may argue that today’s prices are rational and under-pinned by economic drivers. All of that might be true, but the 2006 price might still be over-valued. source: Capital IQ.

Pricing 309

Pricing Marketing Venture Capital Startup 309

socalTECH

APRIL 5, 2011

Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, has scored a new, equity investment and partnership with direct marketing firm Guthy-Renker , the firm announced today. Financial terms of the investment were not disclosed.

Truecar 232

Truecar Invest Edmunds Santa Monica 232

socalTECH

SEPTEMBER 7, 2011

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the financng round included USAA, Capricorn Investment Group and GRP Partners, all existing investors in the firm.

Truecar 190

Truecar GRP Partners Santa Monica Pricing 190

TechCrunch LA

DECEMBER 10, 2019

Los Angeles-based ProducePay has inked a $190 million debt facility from Coventure and TCM Capital, to expand its lending business and marketplace for farmers. ProducePay raises $77 million in debt and equity to revolutionize farm financing. Since its launch in 2015, the company has seen $1.5

Pricing 192

Pricing Los Angeles Equity Services 192

socalTECH

NOVEMBER 13, 2019

Pricing on the new product was not announced. RingDNA is venture backed by Goldman Sachs Growth Equity (GS Growth), Palisades Growth Capital and Bryant Stibel--the venture fund run by Jeff Stibel and Kobe Bryant. READ MORE>>.

Coach 187

Coach Artificial Inteligence Sales Equity 187

Both Sides of the Table

JULY 15, 2010

Convertible debt is a loan to the company that doesn’t typically get paid back but rather “converts&# into equity when you raise a larger round at a later date. If you’re an entrepreneur, all else equal you prefer convertible debt because the deal is priced at a later stage when you’re worth more. Don’t.

Venture Capital 210

Venture Capital Seed Funding Pricing Southern California 210

Both Sides of the Table

JULY 16, 2010

One is the “denominator problem&# which says that if an LP invests X% (the denominator) into “alternative investments&# such as venture capital and if their total amount available to invest (the numerator) goes down by 30% then the amount they allocate to VC will by definition need to go down by 30% to stay the same percentage.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

socalTECH

JULY 11, 2016

Impinj , a developer of RFID technology which has engineering offices in both Rancho Cordova and Newport Beach, has set the estimated IPO pricing range for its stock at between $12.00 The company's IPO is being underwritten by RBC Capital Markets, Pacific Crest Securities, Piper Jaffray, Needham & Company, and Canaccord Genuity.

Orange County 100

Orange County Pricing CalTech Venture Capital 100

Both Sides of the Table

APRIL 14, 2012

99.9999% of you won’t be contemplating raising capital at $500 million any time soon or selling for a billion. My friend Christin Herron of Intel Capital weighed in on the issue. But if you raise the money at the big price (or any price) please go in with the expectation that you are going to build a large, long-term business.

Venture Capital 316

Venture Capital Pricing Social Network Acquisition 316

socalTECH

JANUARY 24, 2011

per share of its stock, or $470M in equity, or approximately $330M in enterprise value. Genoptix said the offer is a 27 percent premium over its closing price of $19.76 Genoptix was advised by Barclays Capital and Cooley LLP in the deal. According to Genoptix, the deal is worht $25.00

San Diego 157

San Diego Equity Pricing Capital 157

socalTECH

APRIL 3, 2012

Los Angeles-based TechForward , the guaranteed electronics plan operator backed by New Enterprise Associates and First Round Capital, has sold its operating assets to SquareTrade , the companies said Tuesday. The firm had raised somewhere in the neighborhood of $8M in a combination of equity and debt. READ MORE>>.

Equity 157

Equity Acquisition Los Angeles Pricing 157

socalTECH

NOVEMBER 12, 2012

For our Insights and Opinions section on a quiet holiday Monday, we're featuring some background on the concepts behind anti-dilution and how it's used by venture capital firms in fundings. a smaller reduction in the investors equity holdings). This piece comes from Louis Wharton , Partner with Stubbs Alderton & Markiles, LLP.

Venture Capital 149

Venture Capital Pricing Equity Invest 149

Both Sides of the Table

MAY 15, 2010

Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. We discussed in the video why they don’t price this money but give it as convertible debt) they don’t make announcements to the market. They also avoid Reg D. Rumored to be appox.

Venture Capital 285

Venture Capital Startup Advertising Redpoint 285

Both Sides of the Table

AUGUST 3, 2010

I can save tons of development time and I think I can buy it for all equity. If you’re in the minority that succeed it’s possible that even when you sell you’ve raised too much money and taken too much dilution and your exit price isn’t high enough to warrant a big return for yourself. Me: “Zero dilution.

Technical Review 276

Technical Review Startup Press Pricing 276

socalTECH

JUNE 19, 2012

According to reports , the firm expects to price its IPO as late June. The firm is venture backed by JMI Equity and Sequoia Capital. Reports this morning say that San Diego-based ServiceNow is planning to start its IPO roadshow this week, as the firm looks to brave a post-Facebook-IPO market.

Report 145

Report Southern California San Diego Equity 145

TechCrunch LA

SEPTEMBER 21, 2019

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. billion in a round led by the private equity firm GPI Capital this week.

Services 207

Services Startup Venture Capital Redpoint 207

Berkonomics

JULY 16, 2020

Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. It may not be equity. The banks need to be convinced.

Company 156

Company Companies .Net Equity 156