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Santa Monica-based Mahalo , the online human-curated news and search site headed by Jason Calacanis, has cut 10 percent of its staff, according to reports. Citing an email sent to Mahalo's "Guides", who develop content for Mahalo, the report said that, so far, the Google changes have led to a "significant dip" in traffic and revenues.
Santa Monica-based Mahalo, the high profile startup headed by Jason Calacanis, has launched a new questions and answers site it is calling Mahalo Answers. The new service is similar to offerings from Yahoo with its Yahoo Answers service, Los Angeles-based Sodahead , and DemandMedia's Answerbag Q&A service. READ MORE>>
DemandMedia / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. Getting lots of notice--and controversy--at DemandMedia for its use of writers to create content specifically to attract web traffic. which he sold to AOL.
New channels listed in the preview of YouTUbe's new content effort include channels developed by My Damn Channel, EQAL, Big Frame, Katalyst, Mahalo, DemandMedia, Maker Studios, DECA, and many others. READ MORE>>.
Coffin also has invested as an angel in Billshrink, Buscape, CyberRain, DemandMedia, Docstoc, Hautelook, Impact Radius, Inadco, Machinima, Mahalo, Rubicon Project, and 2tor. Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M.
Docstoc, Ken Rutkowski of MeTAL, Mark Suster of Upfront, Jason Calacanis of Mahalo--but we had to pass them up, too, in favor of some of the new folks to the scene. Internap , PricewaterhouseCoopers , DemandMedia , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others.
They also have a growing tech culture in Los Angeles and its adjacent cites like Santa Monica, West Hollywood and Beverly Hills as companies like DemandMedia, MySpace and more recently Hulu, Mahalo, Callfire, DocStoc and BetterWorks have staked claim to the area.
If there were more great companies coming out of LA then it would create more demand for high quality VC firms. Plus there are amazing LA tech events put on by DealMaker Media , DigitalLA , Twiistup , and many more. It’s a chicken and egg problem. Opportunity #3 – There is Plenty of Capital for Great Team/Products.
DemandMedia is an online media company operating two strategically-linked businesses: an integrated content and social media platform, and registrar solutions. The CitizenNet platform helps you measure, analyze, and automate social media marketing and engagement. It filed for an IPO on August 6th.
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