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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy.

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Rubicon Project Surges In IPO

socalTECH

Santa Monica-based The Rubicon Project , the online advertising technology and exchange operator founded by Frank Addante, surged in its IPO on Wednesday morning, trading up roughly 34% in morning trading. The IPO is a huge win for backers Clearstone Ventures, News Corp., Clearstone owned about 24.0% and Mayfield. and Mayfield.

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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 meaningful for the venture industry as a whole, because if you're investing in Series B, C, or D round investments, these are not meaningful. It's not a revenue multiple sale.

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Insights and Opinions: A VC's Comments On Investing and Startups in LA

socalTECH

That post ignited a firestorm of criticism and controversy among the technology community, both publicly and privately in emails, tweets, comments, and phone calls. And while I generally agree and give similar advice, here are three anecdotes or truths about SoCal investing and startups that contradict. On associates. READ MORE>>.

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Tech Investor Pierce Makes Offer For Mt. Gox

socalTECH

Brock Pierce , the Southern California technology investor and Bitcoin mogul, is leading a group of investors looking to take over failed Bitcoin exchange Mt. According to a report , Brock--and his investment group, Sunlot--apparently are hoping to help stabilize the Bitcoin economy through its move. READ MORE>>.

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Rubicon Projects Hires Investment Banker

socalTECH

Los Angeles-based Rubicon Project , the online ad optimization firm headed by Frank Addante , announced this morning that it has hired investment banker Allen & Company. Rubicon also said in its announcement that it had year-over-year growth of 270%, and that during 2009 it made its first acquisition, of technology firm Others Online.

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Viewing Technology Companies Through a New Lens

SoCal Tech Calendar

Tuesday, January 17, 2012 -- Viewing Technology Companies Through a New Lens: The 2012 Outlook. Panelists include: Jay Beaghan, Managing Director of Investment Banking in Imperial Capital; William Quigley is Managing Director of Clearstone Venture Partners; Louis A. Please join J.H. Banks, CPA, is a Partner with J.H.