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Clearstone's Sumant Mandal On Exits, Opportunities

socalTECH

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. It's not a revenue multiple sale. EMC said--Kazeon is the most profitable part of the sale, so I want to own it. Sumant Mandal: First of all, you know our heritage is as an incubator.

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TechZulu Recaps: The Annual Startup Forecast

Tech Zulu Event

The Annual TechZulu Startup Forecast is one of our most anticipated events. Speakers listed: Brock Pierce – Digital currency pioneer investing in Bitcoin, games, and online gambling businesses; Clearstone Global Gaming Fund. Get yourself up to speed by reading through JATI, Inc.’s Summary of Topics.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

In fact, he’s personally started 34 businesses and run 17 of them. He started a car washing business as a way to be able to drive other people’s fancy cars. So while it started more about finding solutions to get him driving cars more or logging airline miles he also focuses on big, industry-changing ideas.

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