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Private Equity Firm Set To Sell Hulu Stake, Says Report

socalTECH

A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion. and News Corp. No details on the deal have been announced. Comcast Corp., READ MORE>>.

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The top 10 cities for $100M VC rounds in 2018 so far

TechCrunch LA

Jason Rowley is a venture capital and technology reporter for Crunchbase News. Crunchbase News recently profiled a selection of U.S. These numbers are based off of reported data in Crunchbase, exclude private equity rounds and do not account for deals that may have already been closed but haven’t been publicly announced yet.

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Report: Rubicon Project Nearing Deal With New Corp. For FAN

socalTECH

According to a report today from Paidcontent.org, Santa Monica-based Rubicon Project , the online advertising firm founded by Frank Addante, is in talks with News Corp. The report cites sources close to the deal. Paidcontent reports that News Corp. would take an equity stake in post-merger Rubicon.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. Image Credits: Facebook. the big thing.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

Reports indicate that Bryant, his 13-year-old daughter Gianna Maria-Onore Bryant, and seven other passengers were on board a helicopter traveling to Bryant’s basketball training facility Mamba Academy. billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family.

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Bio Roundup: Roche-Spark Drags On, GSK Taps CRISPR, Diabetes News & More

Xconomy

As Reuters reports, Roche and Spark remain committed to the. The FTC doesn’t comment on cases it’s currently reviewing, so it’s unclear what is causing the delay. Yet the deal has now been pushed back four times. Will any of this matter, however? Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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