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	<title>VentureBeat &#187; advertising technology</title>
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		<title>IPO candidate Marin Software admits it won&#8217;t be profitable in the &#8216;foreseeable future&#8217;</title>
		<link>http://venturebeat.com/2013/02/14/ipo-candidate-marin-software-admits-it-wont-be-profitable-in-the-foreseeable-future/</link>
		<comments>http://venturebeat.com/2013/02/14/ipo-candidate-marin-software-admits-it-wont-be-profitable-in-the-foreseeable-future/#comments</comments>
		<pubDate>Thu, 14 Feb 2013 21:17:00 +0000</pubDate>
		<dc:creator>Christina Farr</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[ad-tech]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[advertising technology]]></category>
		<category><![CDATA[editor's pick]]></category>
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		<category><![CDATA[file for IPO]]></category>
		<category><![CDATA[going public]]></category>
		<category><![CDATA[IPO]]></category>

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		<description><![CDATA[<p><span class="post-label editors-pick">Editor's Pick</span> This is the first ad-tech company to go public in 2013, a year that looks set to be chock-full of&#160;IPOs.</p>
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=622564&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2013/01/01/ipo-candidates/marinsoftware/" rel="attachment wp-att-590012"><img class="alignleft size-full wp-image-590012" alt="Marin-logo" src="http://venturebeat.files.wordpress.com/2012/12/marinsoftware.jpg?w=565&#038;h=293" width="565" height="293" /></a></p>
<p>Search advertising technology company <a href="https://www.marinsoftware.com" target="_blank">Marin Software</a> has filed a registration statement for an IPO with the Securities and Exchanges commission.</p>
<p>This is the first ad-tech company to go public in 2013, a year that could be chock-full of IPOs.</p>
<p>The number of shares for sale and the price range for the proposed offering have not yet been determined. But we do know that the company plans to list its common stock on the New York Stock Exchange under the ticker symbol &#8220;MRIN.&#8221;</p>
<p>Marin helps advertisers and agencies manage and track paid search ad campaigns across Google, Bing, Yahoo, Baidu (China&#8217;s search behemoth), and other search sites. Traditionally focused on search, Marin has expanded into display advertising, social, and mobile, a strategic move<a href=" &quot;a substantial majority&quot; of its customers use its platform to manage AdWords campaigns."> given that according to a filing</a> &#8221;a substantial majority&#8221; of its customers use it to manage Google AdWords campaigns.</p>
<div id="attachment_622635" class="wp-caption alignleft" style="width: 170px"><a href="http://venturebeat.com/2013/02/14/ipo-candidate-marin-software-admits-it-wont-be-profitable-in-the-foreseeable-future/url/" rel="attachment wp-att-622635"><img class="size-full wp-image-622635" alt="Marin Software's founder and CEO Christopher Lien" src="http://venturebeat.files.wordpress.com/2013/02/url.jpeg?w=160&#038;h=160" width="160" height="160" /></a><p class="wp-caption-text">Marin Software founder and CEO Christopher Lien</p></div>
<p>A strong sign for investors is that annual revenues have steadily risen: <a href="http://www.forbes.com/sites/ericsavitz/2013/02/13/marin-software-files-ipo/" target="_blank">Forbes reports</a> that the company pulled in $42.5 million for the first nine months of 2012, up from $24.7 million in the comparable span of 2011. Marin may also benefit from the burgeoning interest in business-to-business startups.</p>
<p>“The chatter about enterprise startups is more a function of the fact that consumer startups look less appealing [to investors] more than anything else,” said CB Insights’ CEO Anand Sanwal <a href="http://venturebeat.com/2012/12/06/cb-insight/">in a recent interview</a>. &#8220;Folk are saying now that enterprise is the place they should be playing.”</p>
<p>However, Marin has not yet reached profitability, which may knock investors&#8217; confidence, particularly given Zynga&#8217;s and Groupon&#8217;s recent stock woes.</p>
<p>&#8220;We do not expect to be profitable in the foreseeable future, and we cannot be certain that we will be able to attain profitability on a quarterly or annual basis, or if we do, that we will sustain profitability,&#8221; <a href="http://www.sec.gov/Archives/edgar/data/1389002/000119312513055807/d450382ds1.htm" target="_blank">Marin stated in a filing. </a></p>
<p>For the entirety of 2011, Marin had revenues of $36.1 million and a loss of $17.4 million, and the company failed to book an annual net profit in 2012. In addition, the company admits <a href="http://www.sec.gov/Archives/edgar/data/1389002/000119312513055807/d450382ds1.htm" target="_blank">in a filing</a> that its usage-based pricing model &#8220;makes it difficult to accurately forecast revenues.&#8221;</p>
<p><span style="font-size:13px;line-height:19px;">VentureBeat </span><a href="https://www.google.com/url?sa=f&amp;rct=j&amp;url=http://venturebeat.com/2013/01/01/ipo-candidates/&amp;q=&amp;esrc=s&amp;ei=P0sdUa3KHq_SigKwvoHwAw&amp;usg=AFQjCNFQ6snBnZKhlNmI7Pl_r77fy4SHtg"style="font-size:13px;line-height:19px;"  target="_blank">predicted an IPO</a><span style="font-size:13px;line-height:19px;"> from the company in the </span><a href="http://venturebeat.com/2013/01/01/ipo-candidates/#vb-gallery:2:590012"style="font-size:13px;line-height:19px;" >first quarter of 2013</a><span style="font-size:13px;line-height:19px;">; rumors have been circulating in the press for at least six months. In 2011, Marin brought on a CFO from Shutterfly, a sure sign that the company expected to go public in the near future.</span></p>
<p>Goldman Sachs and Deutsche Bank are acting as lead managers for the offering. UBS Securities and Stifel, Nicolaus &amp; Company are acting as book-running managers, and Wells Fargo Securities is acting as a co-manager.</p>
<br />Filed under: <a href='http://venturebeat.com/category/business/'>Business</a>  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=622564&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></content:encoded>
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	<enclosure url="http://venturebeat.files.wordpress.com/2013/02/url.jpeg?w=140" /><source url="http://venturebeat.com/2013/02/14/ipo-candidate-marin-software-admits-it-wont-be-profitable-in-the-foreseeable-future/">IPO candidate Marin Software admits it won&#8217;t be profitable in the &#8216;foreseeable future&#8217;</source>
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			<media:title type="html">Marin Software&#039;s founder and CEO Christopher Lien</media:title>
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		<title>Investors make a $27M bet in ad-tech startup DataXu</title>
		<link>http://venturebeat.com/2013/02/07/investors-make-a-27m-bet-in-ad-tech-startup-dataxu/</link>
		<comments>http://venturebeat.com/2013/02/07/investors-make-a-27m-bet-in-ad-tech-startup-dataxu/#comments</comments>
		<pubDate>Fri, 08 Feb 2013 02:33:47 +0000</pubDate>
		<dc:creator>Christina Farr</dc:creator>
				<category><![CDATA[Big Data]]></category>
		<category><![CDATA[Deals]]></category>
		<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[ad-tech]]></category>
		<category><![CDATA[advertising technology]]></category>
		<category><![CDATA[display advertising]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[online advertising]]></category>
		<category><![CDATA[online display]]></category>

		<guid isPermaLink="false">http://venturebeat.com/?p=619049</guid>
		<description><![CDATA[<p>DataXu pulled in $27 million in funding today, proving that investors continue to see potential in the massively complicated world of&#160;ad-tech.</p>
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=619049&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2013/02/07/investors-make-a-27m-bet-in-ad-tech-startup-dataxu/dataxu/" rel="attachment wp-att-619056"><img class="alignnone size-large wp-image-619056" alt="dataxu" src="http://venturebeat.files.wordpress.com/2013/02/dataxu.jpg?w=558&#038;h=373" width="558" height="373" /></a></p>
<p><a href="http://dataxu.com" target="_blank">DataXu </a>pulled in $27 million in funding today, proving that investors continue to see potential in the massively complicated world of ad-tech.</p>
<p>The Boston-based startup was founded by a group of MIT scientists who wrote the combinatorial language for NASA&#8217;s Mars mission. To commercialize the tech, the scientists brought in executives with digital media and consumer electronics expertise, who saw a huge opportunity in helping marketers to target their advertising.</p>
<p>DataXu started its life as a platform to help that helped marketers place their ads in real time ad exchanges &#8212; the company would take a cut of any media they bought. The company has found it can make more money by licensing software, which lets ad buyers make their own decisions.</p>
<p>The company provided a case-study to demonstrate how it worked with Adobe to use online display advertising to drive sales. DataXu claims its approach yielded a 60 percent increase in online sales with a 36 percent reduction in media costs.</p>
<p>The round of funding was led by Thomvest Ventures with participation from existing investors Atlas Venture, Flybridge Capital Partners and Menlo Ventures. DataXu has now raised $65 million.</p>
<br />Filed under: <a href='http://venturebeat.com/category/big-data/'>Big Data</a>, <a href='http://venturebeat.com/category/deals/'>Deals</a>, <a href='http://venturebeat.com/category/enterprise/'>Enterprise</a>  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=619049&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" /><div class="post-meta-blurb post-meta-after blurb-cat-big-data"><hr />

<a href="http://venturebeat.com/events/healthbeat2013/" data-vb-ga-outbound="HB2013boilerplate"><img class="size-full wp-image-616711 alignleft" alt="HealthBeat 2013" src="http://venturebeat.files.wordpress.com/2013/02/vb_healthbeat2013_logo_boilerplate.png" width="196" height="22" /></a> HealthBeat 2013 is a new conference showcasing how technology is transforming health care. We'll explore how IT is driving out inefficiencies on the hospital, practice, and patient levels. Check out full event details <a href="http://venturebeat.com/events/healthbeat2013/">here</a>, and register <a href="http://healthbeat2013-hb2013boilerplatebottom.eventbrite.com" target="_blank">here</a>.

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		<title>Ten tips for women to thrive in the male-dominated ad-tech world</title>
		<link>http://venturebeat.com/2012/12/26/ten-tips-for-women-to-thrive-in-the-male-dominated-ad-tech-world/</link>
		<comments>http://venturebeat.com/2012/12/26/ten-tips-for-women-to-thrive-in-the-male-dominated-ad-tech-world/#comments</comments>
		<pubDate>Thu, 27 Dec 2012 00:45:54 +0000</pubDate>
		<dc:creator>Denise Colella</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[adtech]]></category>
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		<category><![CDATA[mentorship]]></category>
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		<category><![CDATA[tips and advice]]></category>
		<category><![CDATA[women]]></category>

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		<description><![CDATA[<p><span class="post-label guest-post">Guest Post</span> So, based on my years of experience in the ad tech world, I've compiled our top tips for women who want to break through the allegorical glass ceiling and succeed as an executive without sacrificing family or sanity. Good&#160;luck!</p>
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=596066&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2012/12/26/ten-tips-for-women-to-thrive-in-the-male-dominated-ad-tech-world/madmen/" rel="attachment wp-att-596072"><br />
<img class="alignleft size-full wp-image-596072" alt="madmen" src="http://venturebeat.files.wordpress.com/2012/12/madmen.jpg?w=600&#038;h=356" width="600" height="356" /></a><br />
<em>This is a guest post by executive Denise Colella</em></p>
<p><a href="http://www.amctv.com/shows/mad-men" target="_blank">AMC’s Mad Men</a> paints a picture of a male-dominated world, in which women either stayed home with the kids or enlisted as secretaries while their husbands took on huge clients on Madison Avenue.</p>
<p>While this stereotype has largely changed and women now account for <a href="http://www.bls.gov/cps/cpsaat11.pdf" target="_blank">46.9 percent of the U.S. workforce</a>, women in senior management positions in the growing ad-tech industry are still severely under-represented, seeming to better reflect Don Draper’s era than the twenty first century.</p>
<p>Although a very male-dominated industry, it’s hugely dynamic, constantly evolving, employing many smart individuals, and none of us could imagine working in any other sector. However, it can be challenging, especially for females. So, based on my years of experience in the ad tech world, I&#8217;ve compiled our top tips for women who want to break through the allegorical glass ceiling and succeed as an executive without sacrificing family or sanity. Good luck!</p>
<h3>Embrace what sets you apart from your male co-workers.</h3>
<p>Women tend to diminish their abilities or doubt their qualifications far more than men do. It’s fair to say that all of us have worried about being ‘one of the guys’ in order to fit in with our colleagues and customers and felt we had to mirror our male colleagues. However we’ve realized this is not necessary and no one had asked us to be one of them. Women are different than men. We speak differently, we act differently, we are innately compassionate, great listeners and excel at problem solving. Be yourself and play to both your personal and gender-specific strengths.</p>
<h3>Be vocal and make sure your boss knows your aspirations.</h3>
<p>Be sure to establish open communication with your boss – and maybe even your boss’ boss – especially in regards to your career trajectory. Men are more aggressive about letting everyone know what they’ve achieved and where they want to go, whereas women tend to be more passive or equate their success to good luck rather than their own skills. Put yourself on the radar of the people who not only need to know you have goals for yourself, but can help you achieve them.</p>
<h3>Invest in building your own brand</h3>
<p>Identify the personal qualities you bring to your business that are distinct from your colleagues and make sure this is recognized. Visibility is important &#8211; don’t be shy in highlighting your successes to ensure you receive the credit for them. Use all opportunities to share your thoughts about your company and the industry, be that via networking, writing articles or publishing blog posts, to bring you greater exposure and position yourself as a source of expertise. Also take advantage of any speaking opportunity that might arise: although conference agendas are dominated by men, organizers are crying out for good female speakers to address this imbalance.</p>
<h3>Talking is good: find a mentor you relate to.</h3>
<p>Your mentor should be someone who you feel can offer both the emotional and technical perspectives you need to grow your career. They need to have experienced the work and family challenges you’re facing and make you realize that you actually aren’t crazy when attending a ballet recital or ducking out of the office early to go to a pediatrician appointment the week before a big pitch. Talking is positive, so never see mentoring as a form of weakness: men do it all the time but just in a different environment.</p>
<h3>Working long hours does not mean working effectively.</h3>
<p>Who says that the person in the office for 12 hours a day is more effective than someone who works seven hours? It’s simply not true. Rather than leaving your calendar entirely open, book time for key activities such as research, brainstorming, keeping up to date with the industry, etc. See if you can even book days to leave early to spend time with your family. As a result, you will probably find that you are more efficient without spending more time in the office because you’re shifting focus from everything to just the most important things.</p>
<h3>Base hiring on improving your team’s bench strengths, not who may be next on maternity leave.</h3>
<p>When in a position to hire, women will often focus on the person and their qualifications rather than predict what their family might look like in a few years. All of us have been in a position multiple times to hire female candidates despite our male counterparts questioning whether the prospective employee may go on maternity leave in the future. This should not be a determining factor and women themselves should not stop forwarding their careers because they are planning a family. If someone is right for the job, that’s all that matters.</p>
<h3>Don’t pay attention to what everyone else is doing.</h3>
<p>Success in ad tech doesn’t mandate that women prioritize work over family – but that impression is often what drives many women away. While women like <a href="http://blogs.wsj.com/juggle/2012/10/02/marissa-mayers-maternity-leave/" target="_blank">Yahoo!’s CEO</a>, Marissa Mayer, may have cut back their maternity leave, this is their personal choice and others may choose a different career and parenting approach that works for them. No one should have to put their life on hold. Find a way to make it work for YOU.</p>
<h3>Make a plan to balance your personal and work lives.</h3>
<p>If you find that you love your career in ad tech and also have a family – or plan to start one – don’t immediately assume you can’t do both. Make a plan with your spouse to balance work and family, rather than simply reacting to demands on your time. That way, you both will know what’s happening, there won’t be any surprises and you can support each other in both career and personal aspirations.</p>
<h3>Learn as much as you can from as many people as you can.</h3>
<p>To succeed and lead within an ad tech company, you are expected to know the product and its underlying infrastructure. For many women, this is the hardest part of their job. Don’t be afraid to sit in a room with an expert (either an engineer or a product person who knows their stuff or a veteran who has been in the industry for decades) and get answers to your questions. The deeper your knowledge of the industry and your product, the more success you will have in your career, and the more valuable you will become to your company – be you male or female.</p>
<h3>Remember to take care of yourself.</h3>
<p>While you need to take care of your work responsibilities, you also have to take care of your family and yourself! Find time to exercise, even if it is at 5 a.m., and, as hard as it sounds, try to eat healthy – even on the road. If you are not happy and healthy, the rest will never work.</p>
<p><em>With reporting by Nicolle Pangis and Maureen Little</em></p>
<p><em><a href="http://venturebeat.com/2012/12/26/ten-tips-for-women-to-thrive-in-the-male-dominated-ad-tech-world/342736f/" rel="attachment wp-att-596071"><img class="alignleft size-full wp-image-596071" alt="342736f" src="http://venturebeat.files.wordpress.com/2012/12/342736f.jpeg?w=150&#038;h=150" width="150" height="150" /></a>Denise Colella is the chief revenue officer at Maxifier, a company that provides inventory optimization services to online publishers, ad networks and leading media companies throughout North America and Europe. </em></p>
<p><em>Prior to joining Maxifier, Colella was the CRO at AudienceScience, and a vice president at Yahoo!. </em></p>
<p><em>Follow her on Twitter @decolella</em></p>
<h2><s> </s></h2>
<p><em> </em></p>
<br />Filed under: <a href='http://venturebeat.com/category/business/'>Business</a>, <a href='http://venturebeat.com/category/enterprise/'>Enterprise</a>, <a href='http://venturebeat.com/category/entrepreneur/'>Entrepreneur</a>  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=596066&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></content:encoded>
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