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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 Demand Media had initially filed for its IPO in August. per share, and above the initial 7,500,000 shares. Morgan Stnaley & Co.,

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Interview with Satish Varma, Clorder

socalTECH

Satish co-founded Clorder with Sridhar Sambangi, who was the Chief Architect of Cornerstone OnDemand. My co-founder, Sridhar, actually was employee number 12 at Cornerstone OnDemand, and was Chief Architect when they went public. We found out that sites like Eat24 and Grubhub are portals. What is Clorder?

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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

At the Twiistup panel last week, there was a debate over whether big companies could be created here, which is ridiculous--Demand Media is the latest example there, we've got Cornerstone OnDemand coming out soon, and there is no question there are market leading, large revenue companies coming out of Southern California.

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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. Adam Goldenberg’s JustFab is one of the new heavy-hitting membership fashion sites. Richard Rosenblatt – Demand Media. I’d say yes. Yes, again. You betcha.