4 Articles match "NewEgg","Southern California"

The Latest from the Southern California Tech Central Community

Wednesday, March 10, 2010
A new study of the financial outcomes for Southern California venture-backed companies in the IT sector finds that approximately $48 billion in value has been created by those companies over the period 1995-2009. The study found that the greatest values for Southern California venture-backed firms were created by companies operating in Online Services (51%), followed by Communications and Networking (15%), Software (10%) and Semiconductors (9%). The study, conducted by Jon Funk of OceanRoad Partners , includes data from socalTECH.com's proprietary venture database , Dow Jones/VentureSource, and Greg Martin of Redpoint Ventures . Funk
 
Thursday, October 29, 2009
The Silicon Alley Insider has weighed in on its list of “ 50+ most valuable startups “, and suprisingly, they didn’t neglect Southern California. NewEgg (est worth $3.2B) – City of Industry 10. Interestingly enough, two companies on the list (NewEgg and Demand Media) were ranked well above media darling Twitter (at #15, just above Oversee.net). Facebook was tops, but local companies highlighted in the list: 4.
 
Monday, September 28, 2009
Not too many people I talk to realize that online e-commerce firm NewEgg is one of Southern California’s own, based in the City of Industry. Well, NewEgg is now also the latest IPO filing in Southern California , saying today in a filing with the SEC that it is looking to raise up to $175M in an IPO.  The firm hasn’t yet selected an exchange. The firm has some minor amount of investment from Insight Venture Partners, but otherwise is owned by its co-founder, Fred Chang, and current CEO Tally Liu. (full
 

The Best from the Southern California Tech Central Community

Another Southern California-based ecommerce retailer is reporting that it had record breaking sales over the weekend, the traditional kickoff to the holiday buying season. City of Industry-based Newegg, which sells electronics and related items, said that Black Friday was the firm's biggest sales day, ever. Newegg is a more than $1B retailer focused on computer, electronics, and other technology The firm said it had a year-over-year, same day increase in dollars spent on Black Friday of more than 169 percent, and that it had triple the number of buyers compared to last year.
Not too many people I talk to realize that online e-commerce firm NewEgg is one of Southern California’s own, based in the City of Industry. Well, NewEgg is now also the latest IPO filing in Southern California , saying today in a filing with the SEC that it is looking to raise up to $175M in an IPO.  The firm hasn’t yet selected an exchange. The firm has some minor amount of investment from Insight Venture Partners, but otherwise is owned by its co-founder, Fred Chang, and current CEO Tally Liu. (full
The Silicon Alley Insider has weighed in on its list of “ 50+ most valuable startups “, and suprisingly, they didn’t neglect Southern California. NewEgg (est worth $3.2B) – City of Industry 10. Interestingly enough, two companies on the list (NewEgg and Demand Media) were ranked well above media darling Twitter (at #15, just above Oversee.net). Facebook was tops, but local companies highlighted in the list: 4.
A new study of the financial outcomes for Southern California venture-backed companies in the IT sector finds that approximately $48 billion in value has been created by those companies over the period 1995-2009. The study found that the greatest values for Southern California venture-backed firms were created by companies operating in Online Services (51%), followed by Communications and Networking (15%), Software (10%) and Semiconductors (9%). The study, conducted by Jon Funk of OceanRoad Partners , includes data from socalTECH.com's proprietary venture database , Dow Jones/VentureSource, and Greg Martin of Redpoint Ventures . Funk