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Why John Frankel Leaned in Early on Klout and Cornerstone OnDemand and What He Sees Next

Both Sides of the Table

I had been trading emails & Tweets with venture capitalist John Frankel and we were to meet in person in March 2011 at SxSW to talk about Klout and other investments he had made. Other people were convinced including Kleiner Perkins who lead their $30 million fund raising in 2012 (they had previously also invested in 2011).

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Understanding What’s Going on in #LATech

Both Sides of the Table

Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles.

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Demand Media Prices IPO, Begins Trading Today

socalTECH

Santa Monica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Stifel, Nicolaus & Company, Incorporated, RBC Capital Markets Corporation, Pacific Crest Securities LLC, Raine Securities and JMP Securities LLC.

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Report Tallies $7.7 Billion In SoCal IT Exits In 2011

socalTECH

Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. The report also tallied six companies having IPOs, the most since 2005; those firms included RealD, Cornerstone OnDemand, Demand Media, ReachLocal and Inphi Corp. billion in liquidity was generated in the sector.

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Tx Zhuo On LA's Newest Venture Fund, Fika Ventures

socalTECH

Last week, Fika Ventures , LA's newest venture fund, announced its formation, led by tech investment veterans Tx Zhuo and Eva Ho. We sat down with Tx Zhuo to chat about the new fund, what investments it hopes to make, and what kind of entrepreneurs the fund is looking to invest in. Have you started making investments yet?

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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. We've made over 30 investments in Southern California, and that's just in Redpoint, and doesn't include all of the investment we made as Brentwood Venture Capital since the late 70's.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.