Monday, October 11, 2010

Lalawag Goes To Silicon Valley's Valley Girl

Los Angeles gossip and technology blog Lalawag, run by Sean and Laurie Percival, has been sold. The blog--which the Percivals had announced on September 16th that they would shut down--has been acquired by Valley Girl Inc., a publication that is run by Jesse Draper, the daughter of venture capitalist Tim Draper. Financial terms of the sale were not disclosed. According to a post on Lalawag, Sean and Laurie decided to sell to Valley Girl because they wanted someone who could "renew it with new content and new ideas" and because they linked Valley Girl's focus on videos. Sean Percival is VP of Online Marketing at MySpace. Jesse Draper's Valley Girl show is a web-based, talk show which has featured the CEOs of major corporations and startups, interviewed about their businesses on a very pink set.

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