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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

socalTECH

Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. According to Demand Media, it paid $17M for Saatchi Art, in a mix of cash and stock, in a deal which will add revenues of $0.5M

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Los Angeles, San Diego Among Top 10 Cities For Startups

socalTECH

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.

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Goldstar Adds Coffin, Moriarty, Harris As Advisors

socalTECH

Los Angeles-based Goldstar , the half price ticketing and event promotion service, has tapped Matt Coffin , Sean Moriarty , and Neil Patrick Harris as advisors, the company said Tuesday. Coffin is the former founder of LowerMyBills.com, and is now an investor in such firms as Demand Media, Houtelook, Ad.ly, ShoeDazzle, and other startups.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). BuildOnline (the company I founded) has just announcement plans to be more aggressive in growing in the US. Let me not bury the lede.

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Why You Should Start a Company in. Los Angeles

SoCal Delicious

RSS ); Why You Should Start a Company in. Los Angeles By: Laura Rich February 26, 2010 It used to be, if you were serious about starting a tech company, you went to Silicon Valley. And as a result we have bred a culture of companies that have been quite innovative on making money. company called Applied Semantics.

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Do you Suffer from the Urgency Addiction? It’s More Common Than you Think

Both Sides of the Table

Yet in LA we have hugely successful entrepreneurs who have built big companies like Overture, CitySearch, MySpace, TicketMaster.com, LowerMyBills, Commission Junction, eHarmony and on and on. We have amazing large companies that are an important part of the future of the Internet such as Disney, Warner, Fox, Universal, etc.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Founder and CEO since starting the company back in 1999, Miller has led Cornerstone through 11 years of consecutive growth. Adam Miller transformed his company into one of the world’s leading software-as-a-service companies, specifically in the HR world. Richard Rosenblatt – Demand Media. 1 on this list.