socalTECH
AUGUST 11, 2014
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
socalTECH
AUGUST 24, 2012
USA Today cited the activity of such companies as Demand Media, Break.com, Buzzmedia, Citysearch, Google, JibJab, ShoeDazzle, and Viddy in Los Angeles, and Qualcomm, Slacker, Sorenson Media, and MOGL in San Diego as examples of those cities' active startup base.
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socalTECH
NOVEMBER 25, 2014
Amazon.com is in a bid to take a share of the Los Angeles market for local referrals for handymen and service providers, as Los Angeles continues to be a major launch market for on-demand, services marketplaces. READ MORE>>. amazon local service referral citygrid serviz handybook pathjoy'
Both Sides of the Table
MARCH 11, 2011
So he founded … wait … CitySearch. Some IdeaLab successes / brand names aside from Overture & CitySearch? They would launch quickly and test whether or not there is any demand. He thought, “This way any product you launch you can talk instantly with and get feedback from customers.&# Shopping.com.
Both Sides of the Table
FEBRUARY 7, 2013
He then pointed out that for service-based businesses every slot that went unfilled the provider had very high fixed costs and very low marginal costs and people ought to be willing to sell low-demand or last-minute expiring times at a discount while selling premium times at full price or even a surge price.
Both Sides of the Table
AUGUST 18, 2010
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. I though to myself, “too many young entrepreneurs in LA seem to feel pressured by NorCal VCs to move to the Bay Area. I hear it all the time.
Both Sides of the Table
MAY 5, 2011
We have all of the 2nd-time entrepreneurs from Overture, CitySearch, MySpace, etc. on to their next companies and that produced Demand Media, a public company who even with a slight recent reduction in share price is still trading at $1.3 LA and Seattle are in the second (or third) major wave of technology innovation.
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