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Demand Media Market Cap Huge, But Green Dot Still Bigger

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The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. billion, compared to Demand Media's (DMD) $1.4

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Southern California Linked IPOs Grow

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which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. In fact, a recent study released by Ernst & Young found that there were eight companies in Southern California, out of 22 total in California, who were lined up for an IPO in Q4.

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Green Dot Takes On Mobile Banking With GoBank

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Monrovia, California-based Green Dot , the prepaid payment card provider, has launched itself into the mobile banking market today, unveiling its new GoBank bank account. The firm said it designed the new, mobile banking account "from scratch", specifically aimed at the new mobile generation.

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Green Dot Targets Older Adults With AARP Deal

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Monrovia-based Green Dot , the provider of prepaid credit cards headed by Steve Streit, is looking to expand its market, with a partnership with the AARP. According to Green Dot Thursday, it will launch an "AARP Foundation" prepaid Mastercard, which will be tailored to older Americans. READ MORE>>.

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SoCal Racks Up Another Successful IPO

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Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Currently, Los Angeles-based Demand Media , San Diego's Zogenix , City of Industry-based NewEgg , Los Angeles-based GameFly , San Diego-based Reva Medical , Westlake Village-based Inphi Corp , and Thousand Oaks-based Nexsan are among the local technology firms waiting to reach the public markets. READ MORE>>.

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Catching Up With Mike Giardello, President of Innovate Pasadena

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We had a great launch and have seen great success, which has validated the fact that there is a lot of pent up demand for an organization here. There are clusters of companies in San Gabriel, clusters growing Glendale, there are companies in Monrovia, Orange County, and out to Santa Monica and Silicon Beach.

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