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Interview with Michael Greenberg, Retina

socalTECH

Our team comes from two different areas, at UCLA and Stanford, and we have some DNA from the University of Pennsylvania. Michael Greenberg: My original background was in theoretical physics, at UCLA. We were acquired in 2014 by Summit Partners, and I ended up in private equity, post-acquisition at Summit Partners.

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Interview with Dave Eastman, Viterbi Startup Garage

socalTECH

The Startup Garage is an incubator which gives preference to USC teams, or startups that are USC affiliated in some way, for example, alumni-led. Dave Eastman: For one thing, although we're not completely unique in this, is we don't take equity. It's not entirely exclusive, however. but the key thing is customer discovery.

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Incubating LA's Biotech Future, With Richard Koffler, Greenwings Biomedical

socalTECH

Three years ago, I started the first of three companies in a portfolio out of the UCLA health system, VAL9000. They might specialize, for example, on biotech, drugs, molecules, or for others certain types of medical devices, or certain types of conditions. It was also focused on consumer internet, which was not my strength.

Incubator 217
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Interview with Mike Napoli, Tech Coast Angels

socalTECH

And, the equity markets are certainly a more challenging environment. It used to be there was a geographical composition to our prescreening panel--for example, if an LA company, regardless of what they did, applied for funding, the LA network of the TCA would process them. Mike Napoli: Obviously, it's still tough.

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Want to Start a Technology Company in LA?

Both Sides of the Table

We have universities like CalTech, UCLA, USC and many more. Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. You can find very talented technology executives.

Company 290
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Product Manager Entrepreneur Mark Geller

SoCal CTO

For example, with photos, two years ago it was enough to enable users to actively share photos with friends online. For example, Foursquare has added a points system to its location-tracking service, enabling friends to compete for who visits more and better locations, while at the same time alerting users when their friends are nearby.

Product 150