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Web 1.0 Entrepreneurs: we are roadkill unless we learn to run as fast as today’s founders.

Steve Reich

One of the founders wrote a Python script that sent out custom emails to a list they had developed. The emails were so tailored, that many merchants called back to thank them for the personal attention. Get Angel capital and build a prototype. No wonder they just raised $1mm. There are 3 people on their team. Not any more.

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Venture Conference Highlights SoCal Startups

socalTECH

The conference, which does not unveil the names of the companies pitching until the day of the event, rolled out a lineup of Southern California companies ranging from email and instant messaging aggregator Orgoo, to virtual avatar firm mEgo.com. READ MORE>>

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

Jason Nazar

I asked the panelists ( David Travers , Brian Norgard , Fouad ElNaggar , & Demian Sellfors ) about the specific challenges that we face down here in Los Angeles as opposed to Silicon Valley. That’s typically not the case in Los Angeles. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles.

Company 111
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Interview with Peter Lee, Baroda Ventures

socalTECH

A few months ago, Peter Lee --a venture local capitalist who has served at firms such as Prism Ventures and Clearstone Ventures Partners--joined a relatively unknown venture firm here in Southern California, Baroda Ventures (www.barodaventures.com). It will be interesting to see what happens with the Los Angeles venture capital market.