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Demand Media Prices IPO, Begins Trading Today

socalTECH

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 UBS Securities LLC, Allen & Company LLC, Jefferies & Company, Inc., Demand Media had initially filed for its IPO in August.

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Demand Media Sets IPO Pricing Range

socalTECH

Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, said today in an S-1 filing that it expects its IPO to be between $14.00 Demand Media runs such sites as LiveStrong and eHow, along with a network of other media and content focused sites. and $16.00 READ MORE>>.

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6 Demands Of Today’s Me-Centric Customers On Startups

Startup Professionals Musings

Everyone has their own view of the price-value equation, they listen only to other customers like them, and they have an instant world-wide view of the alternatives. Customers skip over your ads, and easily find the real best deals through “best value” sites on the Internet. Convenience is in the eye of the customer, not your company.

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Takl Expands On-Demand App Into SoCal

socalTECH

Takl , which operates a mobile app-driven service to connect users with on-demand home services such as lawn care, house cleaning, home repair, and more, has launched into Southern California. Takl is led by serial entrepeneur Willis Johnson, who also founded online auto auction site Copart; the company launched in Nashville in July of 2016.

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Demand Media Expected To Hit Market Next Week

socalTECH

Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, is expected to hit the public markets late next week, according to a report today from AllThingsD. Citing "numerous" sources, the report says that Demand will launch its public offering late in the week, as the firm completes its road show.

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Demand Media Sets IPO Offering Size, Boosts Traffic

socalTECH

Santa Monica-based Demand Media is inching closer to its IPO debut, saying in an updated S-1 this morning that it plans to offer 7.5 The firm, which has not yet set a pricing range, has applied to list on the NYSE as DMD. The firm also said it now has over 13,000 content creators working for the firm, creating articles for the company.

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Good Times Ahead for VC-backed Tech Companies?

Both Sides of the Table

This morning we heard from Jamie Montgomery, CEO of the venerable Montgomery & Co investment bank who is at the heart of what is going on in M&A for venture backed companies. I have to admit that I was greatly encouraged by Jamie’s outlook for venture backed companies, which if true will be a welcome relief for our industry.