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ReachLocal Names Two Executives

socalTECH

Woodland Hills-based ReachLocal said Monday that it has named two new executives, hiring Paras Maniar as the company''s new Chief Strategy Officer, and Megan Opp as the company''s new Chief People Officer. The new hires come as ReachLocal has been building up a new executive team, headed by new CEO Sharon Rowlands.

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Want to Start a Technology Company in LA?

Both Sides of the Table

I was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA.&# If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. But we have a great city for building technology companies.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. During 2011, the analysis identified 73 exits by companies, with an average value of approximately $106M. A new report released today tallies up $7.7

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy. And I made the prediction that within the next 2 years RIM (the parent company of Blackberry) will not be independent.

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Demand Media Prices IPO, Begins Trading Today

socalTECH

UBS Securities LLC, Allen & Company LLC, Jefferies & Company, Inc., Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC. Zogenix, Green Dot, MaxLinear and ReachLocal. Morgan Stnaley & Co., and Generation Partners.

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Southern California Linked IPOs Grow

socalTECH

Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

Whatever you’re trying to brand – your company, your community or yourself – this is the first exercise I would recommend that you start with. We’ll work our asses off and build huge companies that will define the next generation of American’s lives.” I know that I call them often to co-invest.

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