Both Pwc/NVCA and Dow Jones VentureSource released their venture capital numbers over the weekend, reporting that we had either $950M in deals for the second quarter (according to PwC/NVCA) or $868.3M (according to Dow Jones). In both reports, Southern California was number 2 again nationally in terms of venture capital dollars put into the region. [...]
Once again, I’d like to thank the many sponsors that make socalTECH possible: PricewaterhouseCoopers Redpoint Ventures SVB Silicon Valley Bank Costello and Sons Insurance CBRE – Richard Abbitt Stubbs Alderton Markiles LLP Clearstone Venture Partners Safire Partners Binary Pulse Technology Marketing Stradling Yocca Carlson & Rauth GetItStarted Rustic Canyon Partners
A lot of folks in Southern California use our calendar of high tech related events in planning out their week. A few folks have requested that we make it easier to find stuff in their neighborhood, so we’ve rolled out a filter by general location. We’ve always had the events color-coded, but now you can [...]
On the “when will the recession hit the Internet front”: today, Westlake Village-based ValueClick announced it was reducing second quarter estimates due to a drop in Internet advertising — specifically, lackluster growth in display advertising and a steep dropoff in lead generation advertising. Despite what seems like boom times in technology today, it’s pretty clear [...]
I was browsing the Los Angeles Times’ interview with Demand Media’s Richard Rosenblatt today, and was amused to read this snippet from their article: Outside Santa Monica’s dot-com circuit, the name Richard Rosenblatt doesn’t mean much. He’s one of those guys who buys and sells empty websites. We ran an interview with Richard back in [...]
We’ve just posted a great article from attorney Sam Wu on Pre- and Post-Money Valuation in our Insights & Opinions section. For most first time entrepreneurs (or, even some who have done it before but haven’t handled the financial aspects of finding funding) it’s well worth an in-depth primer on what pre-money and post-money valuation [...]
Frank Peters, chairman of the Tech Coast Angels, emailed me last week telling me that the angel group has just topped one billion dollars in third party and venture capital funding to its portfolio companies. For those who aren’t familiar with the Tech Coast Angels, they are the largest angel investment group here (and maybe [...]
It used to be that I ran into a lot of people here in town who had some kind of film project going on. It is an old cliche that every waiter and waitress was either working on a project, had a script, or otherwise looking to make it into Hollywood here. Interestingly enough, it [...]
Jason Calacanis, the oft-quoted blogger who is CEO of Santa Monica-based Mahalo.com, said today that he’s retiring from blogging. You can read more on his blog posting on why, but he said he’s going to “try and build a deeper relationship with fewer people” through an email list instead. I don’t know if Jason will [...]
Congrats to Rafat Ali of paidContent, which has just been acquired by the Guardian Media Group. Rafat has more on the acquisition. paidContent is a publisher of online news based in Santa Monica.
Thoughts and commentary from Benjamin F. Kuo, publisher of socalTECH.com.
