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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. People can come in and have a coffee.

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BetterWorks Shutting Down On May 31st

socalTECH

According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. BetterWorks had raised $10M in funding from Redpoint Ventures. READ MORE>>.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

In the bay area there are dozens of firms that are actively making investments. If you’re complaining that its too hard to raise money as the founder of an LA tech company, stop bitching about a lack of funds and focus on being a bigger badass. There simply are NOT enough venture capital firms in the Southern California.

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