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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

This was really a fun week at TWiVC because we decided to have an entrepreneur come and talk about raising capital rather than having a VC come on. In particular I tried to do most of the “entrepreneur advice on VC” up front so that if you don’t want to watch our views on the deals you don’t have to. OTHER DEALS: 1.

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Scopely Raises $8.5M

socalTECH

Los Angeles-based Scopely , the startup co-founded by Eytan Elbaz , Eytan Elbaz , Walter Driver and Ankur Bulsara, which is developing social and mobile games, said this morning that it has raised $8.5M It looks like all that bacon paid off.

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Buzznet Raises $12.5M More

socalTECH

Los Angeles-based Buzznet , which operates a network of web sites focused on celebrities and pop culture, announced this morning that it has raised $12.5M and will rename itself Buzz Media. Buzz Media said it now has more than 40 million people visiting its web sites every month. READ MORE>>.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest.

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Why Technology is Driving More Urban Renewal

Both Sides of the Table

I see it first hand in Los Angeles where given the growth of YouTube networks the worlds of art & technology are colliding. It’s becoming harder to distinguish tech companies from media companies. I’m sure there’s a lot of truth to that. Many “tech companies” now have green screens. And make-up artists.

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Southern California Venture Totals Drop in Q4

socalTECH

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) released their 2008 Q4 MoneyTree Report this evening, reporting that $28.3 Media & Entertainment also saw an increase, up 3 percent to $2.0 San Diego led in the report for the quarter, with $205M in 24 deals; Los Angeles had nearly $198.6M

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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. It’s a chicken and egg problem.

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