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SoCal Venture Capitalists Shut Out Of Midas List

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Forbes Magazine has just published its annual Midas List , its annual ranking of the top 100 venture capitalists, and -- despite a record number of IPOs and exits last year from southern California technology companies -- Southern California's venture capital community was shut out of the list entirely.

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Eleven of Southern California's Firms In The Alternative Vehicle Market

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On the automobile side, there are at least six Southern California companies also working on their own, electric or other alternative vehicles, competing against Tesla and the traditional carmakers. Car makers are not the only firms in Southern California playing a role in the alternative vehicle market.

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Midas List: Cornerstone OnDemand, Green Dot Help VCs

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Forbes Magazine has released its latest Midas List , its listing of the top venture capitalists, and--once again--Southern California''s venture capitalists have been shut out of the list. forbes midas list venture capital investment investors technology finance gdot greendot cornerstoneondemand csod' READ MORE>>.

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Green Dot Shares Hit By Amex, Walmart Deal

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Monrovia-based prepaid card provider Green Dot was being battered in the markets this morning, after Walmart and American Express announced a deal to create a new, prepaid card called Bluebird. Walmart and Amex said the new, reloadable prepaid card will have no monthly, annual, or overdraft fees and be distributed via Walmart's stores.

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Green Dot Up 22.2 Percent In IPO

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Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The IPO is the second successful, Southern California IPO in as many weeks, with Beverly Hills-based RealD also getting a similarly robust reception last Friday at its own IPO. percent in its IPO, at $43.99.

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Green Dot Set To Debut This Week

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In what seems like almost weekly news now about a Southern California firm gearing up for the public markets, Monrovia-based Green Dot is expected to hit the markets sometime this week. Green Dot is backed by Sequoia Capital, TTP Fund, and the Tech Coast Angels. and $35.00 per share, and will list on the NYSE at GDOT.

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DFJ Mercury Promotes Venture Partner In San Diego

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The firm--which invests in seed and early stage venture capital--said that it has promoted Russ Lebovitz, Ph.D., DFJ Mercury , one of the affiliate venture firms of Draper Fisher Jurvetson, said Tuesday that it has promoted a venture partner who will be splitting his time between La Jolla and Houston, its headquarters. READ MORE>>.

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