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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. We were the Series A in there. That technology was just one part of it.

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Sixgill Raises $6M For Proximity Sensing

socalTECH

The startup also said the new funds will go towards sales, marketing, and accelerating product development at its new Los Angeles area office. Ressler was previously a venture investor at Clearstone Venture Partners. READ MORE>>.

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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

TechZulu is excited to invite you to the 2014 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We will have a line up of amazing panelist who will share their insights and forecast for startup trends in 2014. The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders.

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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.

Startup 95
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Stock Market Slide Effecting Start Up Valuations

The Quigley Report

Early stage VCs typically say that the ebbs and flows of the stock market don't effect the valuations they pay in start up financings. For instance, in the enterprise networking space, companies like Riverbed, Aruba and Isilon were trading at better than 10 times sales. That may be true. Two observations fall out of this.

Startup 40
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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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Interview with Eric Hovanec and Steve Reich, LeisureLink

socalTECH

We caught up with Eric Hovanec, the firm's CEO, and Steve Reich, the firm's SVP of Sales, to hear more about the funding. We started in November, and things really picked up at the beginning of January. On the other hand, there are others who are running at very low occupancy, who are starting to be desperate.

Startup 113