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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 The firm's investors include Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co., Morgan Stnaley & Co.,

Demand 162
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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S. A number of other companies have filed but have yet to reach the markets, including Peregrine Semiconductor, Demand Media, and Cornerstone OnDemand.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Adam Miller – Cornerstone OnDemand. Founder and CEO since starting the company back in 1999, Miller has led Cornerstone through 11 years of consecutive growth. Richard Rosenblatt – Demand Media. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com.