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BlackLine Systems Hires Chief Marketing Officer

socalTECH

Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine said it has hired David Downing, most recently the Chief Marketing Officer of NetSuite, as its first CMO. The company is backed by private equity firm Silver Lake. READ MORE>>.

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Cornerstone OnDemand Buys New Zealand Firm

socalTECH

Cornerstone OnDemand said it would pay $13M in cash, and $1M in equity for Sonar6, in addition to hiring certain employees from the company. Sonar6 develops cloud-based, talent management software focused on small businesses. Cornerstone OnDemand said it is using the acquisition to enter into the SMB space. READ MORE>>.

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Rubicon Project Names Three Execs

socalTECH

Hulse joins from iPass, and also has served at Frontbridge and Tumbleweed; Harries was most recently at Oracle; McHargue joins from AutoWeb. Rubicon also said it has promoted founder Craig Roah to President, Josh Wexler to Senior Vice President Market Development, and Seizo Welch as SVP Finance. READ MORE>>.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

socalTECH

We're now one of the top five tech markets in the world, along with the Bay Area, New York, the rest of Southern California, companies in India, and places like China, Berlin, and London. One is the traditional buyer, the Microsofts, Oracles, Googles, and Ciscos of the world, with their cash. There are four kinds of buyers in M&A.

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Data Collective | New Dawn for Big Data Entrepreneurs

Tech Zulu Event

The Big Data companies solve hard infrastructure problems, taking leadership in vertical B2B markets, or as truly data-driven consumer products. 35+ Equity Partners on board. Strong Network, Operational Experience and Technical Background. The founders profiles are laid down in detail here.

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Want to Start a Technology Company in LA?

Both Sides of the Table

But it’s more atypical for investors located in this market. If we extend a bit North up the coast line we have many affiliate marketing innovators including ValueClick, Commission Junction and FastClick. You can hire a talented head of marketing, business development, technology and sales.

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Who Should you Hire at a Startup?

Both Sides of the Table

Everyone in the outside world is talking about how great you are but internally you know that your sales aren’t ramping, your product isn’t shipping on time, you have doubts about the quality of your code, you’re not convinced you’re doing a good job on marketing – whatever. Your solution? My advice: don’t.

Startup 327