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Demand Media Hires Ad Sales Head

socalTECH

Santa Monica-based Demand Media has hired a new executive to head up the firm's advertising sales, the firm disclosed Tuesday. Demand Media has appointed George Stewart as the company's Executive Vice President of Advertising Sales, heading up sales for all of the company's sales channels. READ MORE>>

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Mahalo Takes On Questions and Answers

socalTECH

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 Demand Media's Answerbag Q&A service.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

Rumored to have turned down acquisition offers from Yahoo and Facebook. Current round: $20.0mm Series-B led by Andreesen Horowitz, with USV and O’Reilly AlphaTech Ventures. -Analytics also extend to iPhone and web apps using Facebook Connect. -A location based service which incorporates social and gaming elements. a fbFund winner.

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Guide to the LA Startup Community

SoCal Delicious

Demand Media is an online media company operating two strategically-linked businesses: an integrated content and social media platform, and registrar solutions. Ian Rogers – Topspin Media Ian Rogers was the GM of Yahoo Music before heading to Topspin Media in April 2008 as CEO. Mediacode was sold to Yahoo. 1B+ Revenue.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

NAME Yahoo. Another client, Oracle co-founder Larry Ellison, just closed on a deal to buy ex- Yahoo. The narrow, 3-mile strip of land that runs from Santa Monica through Venice, and is now stretching down to Playa Vista, has been dubbed "Silicon Beach" due to the heavy concentration of Internet companies and executives there.