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BAM Ventures, Led By Brian Lee, Seeks $50M In Third Fund

socalTECH

BAM Ventures , the venture capital investment firm founded by serial entrepreneur Brian Lee, is looking to raised $50M in a third venture capital fund, BAM Ventures III, L.P. Lee--best known for co-founding LegalZoom, as well as Shoedazzle--has been making investments from his own funds for a number of years.

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Early-stage investment firm Defy updates the venture partner model

TechCrunch LA

Defy , the early-stage venture investment firm founded by Neil Sequeira and Trae Vassallo, is putting a new twist on the venture partner model as it brings Brian Lee and Sujal Patel on board to help out with investing and guiding companies in the firm’s portfolio. Just don’t call them venture partners. million round.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., Bryant launched his venture career with partner and serial entrepreneur Jeff Stibel back in 2013, according to Crunchbase.

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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. The best way to short-circuit this problem is to have a frank and open discussion with former employers, perhaps under the guise of asking them to invest in your venture. Disclosing inventions before the patent application is filed.

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10 Incentives For Entrepreneurs To Bootstrap Their Startup

Startup Professionals Musings

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding.

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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Think USV is only invested around Union Square in NYC? And in many communities that are new to building tech startups I’ve found that a lot of angel money is not very sophisticated at investing in startup companies. Think the next big startup can’t come from Dallas, TX? Think again. Angry Birds? Otherwise, good luck!

Startup 378
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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). We generally have a policy to only fund entrepreneurs once the first version of a product has shipped or it near to shipping.

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