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Santa Barbara Investor Puts $4M Into Mindflash

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The Investment Group of Santa Barbara , a venture capital investment group based in Santa Barbara, has invested $4M in funding for a developer of a web-based cloud training software firm, Mindflash , Mindflash said today. Mindflash, which is based in Palo Alto, offers a site which helps companies create online training courses.

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eHarmony Settles Same-Sex Class Action Lawsuit

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Pasadena-based online dating site eHarmony has settled a class action lawsuit over its lack of support for gay, lesbian, and bisexual individuals, the firm reported Tuesday evening. The firm later launched Compatible Partners , a same-sex matching service, in March of 2009, on pressure from the State of New Jersey. eHarmony, Inc.,

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TCA Stresses Mixers, New Website

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According to the Tech Coast Angels' Richard Sudek, Chairman of the TCA, the group is looking to hold bi-monthly mixers which will help entrepreneurs connect with its angel investors, after a successful mixer in late 2009. The angel group also mentioned a web site design as part of its initiatives this year. READ MORE>>.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. Paul talked about Neuhaus Partners, a 65 million Euro fund with the remit to invest in German-speaking countries.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Closing a VC fund in 2009/10 is a major achievement in and of itself. In the intro section of the show we talked a lot about why VC funds are becoming smaller again and where Greycroft fits.

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Interview with Clark Benson, Ranker

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One of the biggest forces that has emerged in the Internet in recent years has been crowdsourcing, the way the web has empowered users to drive the creation of content and information online. How long has the site been up and running? We were in closed beta for a while, and launched in August of 2009.

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Interview with Brandon Hance, Audiolife

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Van Nuys-based Audiolife (www.audiolife.com), a new startup focused on providing e-commerce tools to musicians, recently raised $1M in angel funding. For today's interview, we spoke with Brandon Hance, the firm's founder, about how his startup is helping musicians to sell both digital and physical merchandise on the web.

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