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NantWorks Buys Alcatel-Lucent's Digital Multimedia Solutions Business

socalTECH

Los Angeles-based NantWorks , the investment and umbrella company for the projects of billionaire Dr. Patrick Soon-Shiong, announced a deal today with Alcatel-Lucent , where Nantworks will acquire Alcatel-Lucent''s Digital Multimedia Solutions business unit. Financial details of the acquisition were not announced. READ MORE>>.

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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

Identify the total investment required for profitability. A very common mistake of early-stage startups is to request a small investment to get started. Yet it took almost six years to become profitable, with revenue only from advertising. Investors will look at competitors in your industry for the norms.

Platform 118
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How To Set A Balance Of User Growth Vs Profitability

Startup Professionals Musings

Identify the total investment required for profitability. A very common mistake of early stage startups is to request a small investment to get started. Yet it took almost six years to become profitable, with revenue only from advertising. Investors will look at competitors in your industry for the norms.

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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Raised angel money from Rob Lord, Reid Hoffman, Benchmark Capital and others. But we had a great chance to talk about the recent moves that Twitter has made to “plug holes” and changing its “TOS” on advertising. And the broader question of whether VC’s will continue to invest in the Twitter ecosystem. Total round was $2.5

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Interview with Robert Flynn, Aggregage

socalTECH

Los Angeles-based Aggregage (www.aggregage.com) is looking to help aggregate the content across multiple blog publishing sites, and curate that information into specific, B2B niche vertical web sites. Entertainment is confusing--we didn't make investments in pure content plays. Robert Flynn: Yes. plus range.

Startup 162
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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC. Total raised: $16.5mm.

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Growth Without Profits Isn’t A Sustainable Business

Startup Professionals Musings

Identify the total investment required for profitability. A very common mistake of early stage startups is to request a small investment to get started. Yet it took almost six years to become profitable, with revenue only from advertising. Investors will look at competitors in your industry for the norms.

Startup 96