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LA Startups Gather At Twiistup

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Los Angeles area startups and would-be entrepreneurs were gathered Thursday as a part of the annual Twiistup technology conference, being held at the Skirball Center. The startup event--which continues until tonight--included keynotes by David Cohen of TechStars, Suneel Gupta of Groupon, Loic Le Meur of Seesmic, and many others.

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Yammer Bails On Los Angeles, Heading To Silicon Valley

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West Hollywood-based Yammer , the corporate microblogging site inspired by Twitter, is moving from the Los Angeles area to Silicon Valley, according to founder David Sacks. The firm was spun out in September 2008 from Geni, and is backed by Charles River Ventures and the Founders Fund. READ MORE>>.

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MySpace Designer's Next Project: The Cord Taco

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Mike Macadaan , the designer behind MySpace''s redesign in 2009 , has a new project: a Kickstarter effort to fund the design of a line of electronics accessories to organize your pile of electronic charging and accessory cords. Macadaan is currently Chief Creative Officer at Los Angeles technology studio and incubator Science, Inc.

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Geodelic Confirms Verizon Relationship

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Geodelic has previously raised funding from Clearstone Ventures, Shasta Ventures and MK Capital, all of whom also participated in that June investment. Geodelic has been privately discussing its relationship with Verizon with investors all year, but had not officially confirmed the relationship until last week.

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Demand Media's Rosenblatt On IPO, Exits

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Richard Rosenblatt , the CEO of Los Angeles-based Demand Media said today at the Twiistup conference in Los Angeles, that he sees an IPO as a possible opportunity for the firm. Rosenblatt had suggested earlier this year at the Web 2.0 conference the firm was looking at exit optioins.

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Report: Demand Selects Goldman Sachs For IPO Effort

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Los Angeles-based Demand Media , the online content publishing firm run by Richard Rosenblatt, has reportedly selected Goldman Sachs to run its IPO effort, according to a report this evening from the Financial Times. The firm has so far raised over $355M in funding--including some from Goldman Sachs. READ MORE>>.

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TotSpot, Cogi Get Spotlight

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The Los Angeles technology crowd turned out in full for last week's Twiistup 5 event--a showcase for startups looking for exposure and funding--with over 1,000 attendees at a private aircraft hangar at the Santa Monica airport.

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