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Earlier this week, Woodland Hills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. We're going to local merchants, getting deals, and building the DealOn network. Zorik Gordon: We're excited about the acquisition.
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And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. But we have a great city for building technology companies. You can find very talented technology executives. But we do have great technology developers. You don’t.
The Los Angeles winners of the Deloitte Fast 500 ranking of fastest growing companies was announced last night at an event at Santa Monica's Shutters on the Beach, with 26 companies recognized in the overall 2011 Technology Fast 500, and three "Technology Rising Stars" recognized in the Los Angeles area.
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I’m just not sure you can build a great technology firm outside of Bay Area.&#. In Silicon Valley you have mega venture capital funds who have a history of giving $20 million to early-stage technology companies hoping to swing for the fences and become the next Google, Facebook or Twitter. You just don’t. Get over it.
Out is the “cocktail only&# Twiistup and in is the new format of a conference that should take its rightful place on the national technology calendar. We are a city unique in merging the world’s best content with digital media and technology expertise. Tags: SoCal Stuff LA SoCal startup technology.
Funk initiated the study last fall to create an historical statistical analysis of the financial outcomes for the region's venture-backed information technology companies. The region has produced 95 exits over $100 million (13%), 50 over $250 million (7%) and 23 over $500 million (3%) during the period analyzed. IPO in 1996).
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