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Demand Media's Rosenblatt On IPO, Exits

socalTECH

Richard Rosenblatt , the CEO of Los Angeles-based Demand Media said today at the Twiistup conference in Los Angeles, that he sees an IPO as a possible opportunity for the firm. conference the firm was looking at exit optioins. Tags: demand media exit content. Rosenblatt had suggested earlier this year at the Web 2.0

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Report: Demand Selects Goldman Sachs For IPO Effort

socalTECH

Los Angeles-based Demand Media , the online content publishing firm run by Richard Rosenblatt, has reportedly selected Goldman Sachs to run its IPO effort, according to a report this evening from the Financial Times. The report says that Demand Media has hired Goldman Sachs to explore an initial public offering for the firm.

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Why Hearing “No” in a Fund-Raising Process is Actually Healthy

Both Sides of the Table

Every entrepreneur wants to hear “yes” during the fund-raising process but I would argue that being too risk averse and not pushing hard enough and be willing to hear a “no” is what holds back many people from “yes.” It’s hard and awkward to do this because silence demands a response. What is your next step in the process?

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How Many Investors Should You Talk to in a VC Fund Raise? And How Do You Prioritize?

Both Sides of the Table

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. People who believe the former believe that you should see the market demand before too many people know you’re “in market.” Why 8–10 and not just 3–4?

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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

While Google just launched its LA hub, Microsoft has operated a cloud region in Southern California for a while, and started wooing Hollywood last year at the National Association of Broadcasters conference, according to Tad Brockway, a general manager for Azure’s storage and media business.

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Philz Coffee Gets $15M For Expansion

socalTECH

The funding came from Cowboy Ventures, Crunchfund, Maynard Web, Snoop Dog, and a number of other angels. Philz opened an outpost in Santa Monica last year, due to the demand of Silicon Valley venture investors and executives who were spending an increasing amount of time in "Silicon Beach".

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Down bad

TechCrunch LA

Without the promise of riches or with reduced interest in blockchain-based exclusivity, where will consumer demand go? Molecule , a platform where DAOs can back medical research projects, secured $13 million in seed funding led by Northpond Ventures. Dutch fintech Bits of Stock , which offers crypto rewards, raised €4.2