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Interview with Mark Suster, GRP Partners

socalTECH

This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. We invested in Overture, which was sold for $1.2

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Is it a Good Idea to Have Ads in Tweets?

Both Sides of the Table

My firm GRP Partners recently funded a young LA based company named Ad.Ly Advertising is also what allows you to watch Hulu for free, use Yahoo! If we continue our success we will have strong competition. Advertising has driven the majority of Internet innovation. Necessity is the mother of all invention.

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Understanding the Risks of VC Signaling

Both Sides of the Table

As always it comes down to competition. Or your last boss from Google, Facebook or Yahoo! And then there is GRP Partners. He says that if somebody new looks at the deal they’re likely to call the seed investor and collude on a price that is artificially low. I’m sure this happens, too. Think again.

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Why You Should Start a Company in. Los Angeles

SoCal Delicious

The city has, however, quietly been home to some of the most successful online companies to date, including CitySearch (sold to Ticketmaster for $260 million in 1998), Overture (acquired by Yahoo for $2 billion in 2003), eHarmony and LowerMyBills (bought by Experian for $330 million in 2005). startup scene so hot. What makes L.A.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

You have huge hiring volume coming from the new growth firms (Twitter, Zynga, Facebook) and huge retention battles & hiring from Google, Apple, Cisco, Yahoo!, It’s hard to get people to take a risk at a startup or for a reasonable salary with all this competition. eBay and others. You just don’t. Get over it.

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving. When you account for competition for talent, the difficulty of retention, the cost of living and the difficulty of rising above the noise – there are many advantages of staying put.