socalTECH

OCTOBER 11, 2011

Another investor has surfaced in the latest funding round for Santa Monica-based TrueCar , the online automotive pricing and research firm headed by Scott Painter. Keating said it contributed $3M in the funding round. Major investors in the funding were USAA, Capricorn Investment Group and GRP Partners.

Truecar 124

Truecar GRP Partners Santa Monica Pricing 124

Both Sides of the Table

APRIL 2, 2010

I’m writing this post to explain to entrepreneurs what you should be thinking about in terms of the VC’s you approach and the size and stage of their funds. VC’s often talk about this term as in the total amount of funds EVER raised by that VC. What is a VC fund? What is total assets under management? -

Venture Capital 269

Venture Capital Funding Invest GRP Partners 269

socalTECH

FEBRUARY 2, 2012

Los Angeles-based startup Little Black Bag , a new e-commerce startup backed by GRP Partners and DCM, said this week that it has launched its online shopping site--a play on the Japanese concept of "fukobukuro". Little Black Bag is headed by Dan Murillo, and has reportedly scored $2.75M in funding from GRP, DCM, and David Tisch.

GRP Partners 124

GRP Partners Commerce Los Angeles Sales 124

socalTECH

NOVEMBER 11, 2010

in a Series A funding round, the company said this morning. DataPop's product also creates landing pages, geo-targets offers, and uses pricing details, sales and promotions, product specs, and retail location information to tune those search marketing ads. READ MORE>>.

Yahoo 145

Yahoo Paid Search GRP Partners SoCalTech 145

Both Sides of the Table

MARCH 12, 2013

It is with great pleasure that I can finally announce that we have added Greg Bettinelli as a partner at GRP Partners. He shared tons of information about how how they were using marketing to quantitatively make marketing decisions at HauteLook and acquire customers for prices that were far cheaper than similar companies.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

socalTECH

JANUARY 22, 2009

in a funding round. Apparently, the company was a victim of TechCrunch's Arrington's crusade against PR embargoes, and disclosed the funding based on an embargoed draft. Zag is venture backed by Anthem Ventures, Arcturus Capital, Capital One, Capricorn Management, GRP Partners, and the Tech Coast Angels, along with USAA.

Zag 100

Zag Tech Coast Angels Arcturus GRP Partners 100

socalTECH

APRIL 1, 2009

Zag provides the technology to power affiliate car buying services, allowing members of associations like the AAA to get fully configured, exact quotes on new cars at pre-negotiated prices. Zag is venture backed by Anthem Venture Partners, USAA, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund.

Zag 100

Zag Services Arcturus GRP Partners 100

socalTECH

JUNE 10, 2009

The firm, which develops technology that allows consumers to fully configure and price autos from affinity groups like credit unions, AAAs, and other groups, claimed that the firm has saved its buyers over $83.5M Zag has received funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners.

Zag 100

Zag GRP Partners Anthem Santa Monica 100

Tech Zulu Event

JANUARY 21, 2013

ChowNow , the turnkey interactive food ordering platform, just raised $3 million in additional funding to launch new products and expand national operations. Funds were contributed by returning investor GRP Partners along with Double M Capitol, Karlin Ventures, LaunchPad LA and Daher Capitol, all local investors.

GRP Partners 73

GRP Partners Email Incubator Platform 73

Both Sides of the Table

JUNE 22, 2011

He said, “They need an unbiased view of the fund raising environment because there is too much misinformation and everything seems to be changing fast.&#. But that doesn’t mean that people are paying rational prices as investors based on intrinsic value. – you’re very well positioned as a fund.

Pricing 309

Pricing Marketing Startup Venture Capital 309

socalTECH

OCTOBER 14, 2008

Zag develops software used for configuring and pricing new and used automobiles, which it provides on a white-label basis to affinity buying programs. The firm is backed by Anthem Venture Partners, Capital One Auto Finance, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund. READ MORE>>

Zag 100

Zag Arcturus GRP Partners Anthem 100

Both Sides of the Table

FEBRUARY 7, 2013

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.

CTO Coach 359

CTO Coach Google CTO Hire Yammer 359

socalTECH

OCTOBER 6, 2008

Zag has developed a software product which allows users to fully configure and price cars for car buying programs and affinity groups; the firm's software is already being used by a number of other AAA clubs. According to Zag, AAA Mid-Atlantic has just unveiled a auto buying program which is powered by the firm's software. million members.

Zag 100

Zag CarsDirect Arcturus GRP Partners 100

Both Sides of the Table

APRIL 3, 2010

I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. Because it is a “series&# I plan to get into some of the deeper complexities of funds such as “cross over funds&# and “why VC’s hate to price their own deals&# at a later stage.

Venture Capital 265

Venture Capital Seed Funding Pricing Invest 265

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So the people who invest in VC funds have two problems.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

JULY 1, 2010

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag].

Zag 248

Zag Truecar Venture Capital CarsDirect 248

Tech Zulu Event

SEPTEMBER 1, 2010

Mark Suster , GRP Partners. Topic discussion: Impact of social media on startups and on funding leads for investors. Price: FREE. Allen Morgan , Mayfield Ventures. Stewart Roberts , President of Orange County of Tech Coast Angels. Moderator: Giang Biscan , PhD., Producer of Mixergy & AsAble.com. to 11:00 p.m.

Venture Capital 58

Venture Capital Mixergy Orange County Tech Coast Angels 58

Both Sides of the Table

JANUARY 29, 2010

We were considering funding one of the players in the category – call them Company A. Company B had already lined up a significant funding round ($20 million) from some of the most elite VCs on Sand Hill Road but hadn’t signed the term sheet. She asked if she could fly the next day to meet with me and my partners.

Competition 296

Competition Entrepreneur Startup GRP Partners 296

Both Sides of the Table

SEPTEMBER 8, 2009

I just completed an exercise where I went out to hire a new associate for my VC firm, GRP Partners. And if it’s not I’m generally not that interested in funding it. Do you really think Porter’s Five Forces is going to help you figure out what feature set to launch or how to price your product?

Startup 337

Startup Venture Capital Study Course 337

Tech Zulu Event

SEPTEMBER 20, 2010

Mark Suster , GRP Partners. Topic discussion: Impact of social media on startups and on funding leads for investors. They make it easy to collect investment funds, track ownership, and provide targeted updates to investors. Price: FREE. Allen Morgan , Mayfield Ventures. Moderator: Giang Biscan , PhD.,

Social Media 71

Social Media Technical Review Mixergy Tech Coast Angels 71

Both Sides of the Table

OCTOBER 3, 2011

Even more interesting is that at GRP Partners (the VC firm where I’m a partner) our two most successful returns from our previous fund [which is ranked as the top performing fund in the country for its 2000 vintage according to Prequin] were both run by women! But then the truth sets in. Even at 18.

Entrepreneur 341

Entrepreneur Venture Capital Startup Blogging 341

Both Sides of the Table

MAY 5, 2011

Chris Devore & Andy Sack have created Founder’s Coop with the goal of funding, incubating & launching more early-stage ventures in Seattle. I prefer not to do any angel investments because I focus on my VC funds but it was gratifying to write some small checks to support local teams. That’s one model.

Venture Capital 317

Venture Capital Technical Review Startup Press 317

Both Sides of the Table

MARCH 1, 2010

In 2006, Steven Dietz, a partner at my firm, GRP Partners, had given me $500,000 in a seed in convertible debt when I started my second company, Koral. GRP Partners had also funded my first company. I had initially called them wondering if they’d fund my third venture. So what is my thesis?

Entrepreneur 321

Entrepreneur GRP Partners Venture Capital Invest 321

Both Sides of the Table

OCTOBER 6, 2012

We met at a private party hosted by his venture partner Mike Yavonditte and I outlined my concerns for the lack of precision of the algorithm. I had been hanging around Klout for a year and many of my friends had angel funded the company and were champions. Don’t be surprised if you see me bagsie that idea for GRP Partners.

Cornerstone OnDemand 303

Cornerstone OnDemand Venture Capital GRP Partners Startup 303

Both Sides of the Table

JULY 10, 2011

Today I’m announcing that GRP Partners is doubling down on the Twitter ecosystem by investing in DataSift , a company who provides a real-time data platform and tools to third-party developers and corporations.

Platform 307

Platform News Startup Invest 307