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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty.

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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? The most connected and high-potential founders start with wads of cash.

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SpaceX Lands $850M, Now Worth $74 Billion

socalTECH

Hawthorne, California-based SpaceX has completed raising $850M in new funding, boosting the valuation of the company to an astounding $74 billion, according to CNBC. The funding--which has not been announced by SpaceX--apparently valued SpaceX at $419.99

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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” The thesis is that before investing in an early-stage startup it is close to impossible to know which of the deals you did will break out to the upside.

Funding 301
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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. 10 years ago we found ourselves trying to persuade LPs and VCs that it was worth spending more time getting to know the LA market and now the most common refrain that I hear from them is “there really is something going on in LA.”

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Newest Billion Dollar SoCal Startup: Auction.com

socalTECH

Add another, Southern California company to the exclusive list of billion-dollar plus startups here. Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 auctioncom auction real estate marketplace venture capital google investment valuation spacex snapchat beats'

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First Resonance Finds Funding For Manufacturing OS

socalTECH

Los Angeles-based First Resonance, a startup developing what it calls a "factory operating system" designed for hardware companies for use in their manufacturing operations, says it has raised a new round of funding. First Resonance said the funding was led by Blue Bear Capital.

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