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Clearstone Ventures Into Apture

socalTECH

Santa Monica-based Clearstone Venture Partners is the lead investor in a Northern California firm focused on the blogging and publishing industry, Apture. David Stern and Sumant Mandal of Clearstone have joined Apture's board along with the funding.

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

Jason Nazar

He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away. In Los Angeles we are at a disadvantage because the founder(s) often have no experience in building consumer web applications. In the bay area there are dozens of firms that are actively making investments.

Company 111
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The Venture Capital Industry: The Current State of Affairs

Jason Nazar

Instead of making as many new investments, VCs will use their cash for inside rounds to fund their top preforming portfolio companies that have the greatest likelihood of success. You can see the recap here on the DealMaker Media Blog and here on Nicole Jordan’s new blog KickingSand.com.