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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

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What Mattered in 2010: Jim Andelman, Rincon Ventures

socalTECH

2010 was very good to us. A number of companies in the portfolio delivered very strong operating results in 2010, which is exciting. Also, we had an investment in a company that went public this year, BroadSoft, which is one of 2010's best-performing IPOs. 3) Cloud computing offerings as an enabler to lean startups.

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Investor Outlook 2010

SoCal Tech Calendar

Thursday, December 10, 2009 -- Investor Outlook 2010: Startup Funding Forecast from Angels and VCs. Despite the fears and outcries from some, startup funding didnt quite freeze into the nuclear winter many thought it would. To many founders relief, startups were still getting funded. Dealmaker LA. Green tech?

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RightScale Lands $15.6M More

socalTECH

Santa Barbara-based RightScale , the developer of cloud computing management software headed by Michael Crandell, has raised $15.6M in a new round of funding, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. The firm has now raise $58.10M in funding.

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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. As you can see below the number of seed funds shot up dramatically between 2006 and 2014.

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The Changing Structure of the VC Industry

Both Sides of the Table

The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. ” Stated simply – if you seed funded Uber at $4.5m Why is this?

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How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

At the time almost nobody had heard of the following funds: FirstRound Capital, TrueVentures, Floodgate and SoftTech. By fund II (2007) he was able to raise $15 million (if you watch the video you’ll hear an interesting story of how he did this) and he had a proper fund. I think they were all brand new or just forming.