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What Mattered in 2010: John Babcock, Rustic Canyon Partners

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Today, we're featuring the thoughts of John Babcock , a venture capitalist at Rustic Canyon Partners. Under Nate's leadership, we have redoubled Rustic Canyon's focus on early stage companies working in Internet and Cleantech businesses. What was the biggest news for you/your firm this year?

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Docstoc Acquired By Intuit

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Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various reports and sources. Santa Monica-based Docstoc , which is led by Jason Nazar, has been acquired by Intuit, the companies said this morning. com), and others. READ MORE>>.

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Report: Gaikai On The Block, May Bring More Than $500M

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Aliso Viejo-based Gaikai , the venture-backed developer of videogame streaming services, is looking for buyers for the firm, in what is expected to be a sale worth more than $500M, according to reports today. The reports--from FORTUNE's Dan Primack--said that the firm has already hired bankers to help it with a possible sale.

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Leads360 Wins Automobile Insurance Firm

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Los Angeles-based Leads360 , a developer of hosted software for managing sales leads, reported yesterday that the firm has signed on Infinity Auto Insurance, a unit of Infinity Property and Casualty Group. According to Leads360, Infinity's independent agents will have access to its lead management software and services at a reduced price.

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Report: Southern California Venture Capital Totals $464M In Q3

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Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. provider of celebrity endorsement services, with $21.6M Nationwide, there was $4.8 in funding.

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Leads360 Links With Mortgage Software Firm

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Los Angeles-based Leads360 reported today that it has linked its sales lead management software with offerings from web-based mortgage software firm Optimal Blue. Leads360 is backed by Rustic Canyon Partners, and is headed by Dan Morefield, who was CIO of Overture Services before its acquisition by Yahoo. READ MORE>>.

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LAVA hosts PwC's Shaking the MoneyTree

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Please join LAVA, PwC and a distinguished panel of industry experts and local VCs for their insights on the results of the Q3 2010 PwC/National Venture Capital Association MoneyTree Report based on data from Thomson Reuters.

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