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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S.

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SoCal Firms Still Lined Up For IPOs

socalTECH

10 of the 44 venture-backed companies currently filed to go public are from Southern California, according to an analysis today from the Wall Street Journal. According to the report, there are 44 U.S., venture-backed companies currently filed for an IPO, with 10 from Southern California and 13 from Silicon Valley.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%). He built & IPOd Demand Media. for $565 million to Excite.