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Report: CityGrid Lays Off Two Thirds Of Staff

socalTECH

A report this morning says that West Hollywood-based CityGrid , the parent firm of CitySearch, Urbanspoon, and InsiderPages, has laid off two thirds of its staff. The layoffs--reported by TechCrunch-- reportedly affected 130 people. READ MORE>>.

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Upfront Ventures Names Nortman As Co-Managing Partner

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Los Angeles-based Upfront Ventures reported Monday morning that it has named Kara Nortman as co-Managing Partner of the fund. Moonfrye, Kara spent close to seven years at IAC where she was the SVP and General Manager of Urbanspoon and Citysearch; she also served at Morgan Stanley, Microsoft, and Battery Ventures. READ MORE>>.

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Hack4LA Looks To Help Local Communities, Government

socalTECH

Coaches and mentors from companies like Topspin Media, Citysearch, Beachbody, Lootsie, Datapop, and Carbon also are involved. The hackathon suggested any challenge facing the community, from addressing food and housing distribution, reporting potholes, or more--anything to demonstrate collaboration between the public and private sector.

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CityGrid Buys Pay-Per-Phone Advertising Technology Firm

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West Hollywood-based CityGrid , the unit of IAC which operates CitySearch, Insider Pages, and Urbanspoon, said this morning that it has acquired Felix , a performance-based, local advertising service for small and medium-sized businesses. Financial terms of the buy were not disclosed.

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Edmunds.com Settles Suit Over Fake Member Accounts

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Santa Monica-based Edmunds.com , the provider of car shopping and auto information, reported Wednesday that it has settled a lawsuit against Humankind Design Ltd. and Citysearch, who had been targeted by Humankind, to help those companies determine if they need to take action to protect their own consumers.

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

She took an operating role helping run Citysearch and Urbanspoon. My literal response was, “She went to Princeton undergrad and has a Stanford MBA. She worked for 5 years as a VC at Battery Ventures and co-headed M&A at IAC working with Barry Diller. Kara said “no” because she wanted to start her own company, which she did and I backed.

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Interview with Scot Richardson, Laughstub

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Really, what it does is it allows a small venue--anyone with less than 500 seats--to handle everything from admissions, to reporting, to reporting, to accounting, to marketing, and customer relationships. For anyone that small, Ticketmaster doesn't make sense.