article thumbnail

Why You Should Start a Company in. Los Angeles

SoCal Delicious

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). before which is second-time entrepreneurs.

article thumbnail

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

So he founded … wait … CitySearch. Some IdeaLab successes / brand names aside from Overture & CitySearch? We talked about patents. I brought up the fact that I find many larger companies abusing the patent system to slow down smaller competitors which is actually anti competitive. Shopping.com.

article thumbnail

Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Picasa, CitySearch and ESolar have all gone through Bill Gross and without his steady hands, the companies, and Los Angeles, wouldn’t be the same. It also won a number of key patents bit.ly/RiJCFI Close to 100 companies have come and gone through Gross’ doors, 35 of which have gone public. Elon Musk – SpaceX, Tesla Motors, PayPal.