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Want to Start a Technology Company in LA?

Both Sides of the Table

Never say never – GRP Partners is actually looking very closely at a company in its A round that is raising a large sum of money. my firm, GRP Partners, was an investor). So it’s always a trade-off. You can hire a talented head of marketing, business development, technology and sales.

Company 290
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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). Tags: Featured SoCal Stuff. Good luck, guys.

Mobile 282
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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

The “private sale” market phenomenon was started in France by Vente-Privee (literally means “private sale”) and was replicated in Germany by BrandsforFriends. Gilt Group is currently the largest private sale web site in US. To be fair to Ben Horowitz – I think he thinks this as well. Time will tell.

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Top 29 Startup Posts May 2010

SoCal CTO

Through advertising or direct sales, these sites harvest intent. Instead of making a few dollars per sale and hoping for thousands of sales, you sell to only a few customers, and charge much higher rates. Tech support is sales. they have purchasing intent ).*. But the rates are high for a reason. Yep, that sounds lowly.

Startup 248
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Choosing Internet Platforms

SoCal CTO

Mark Suster Partner GRP Partners He's an ex-Salesforce.com employee. First company built on top of EMC, Unix servers, field sales to large clients. Everything else is closed. Compared cost there vs. second company that raised $500K and used S3 and other platforms. Interestingly it was same developers in both companies.

Platform 150
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

My fund – at $200 million – is the largest in Southern California. Look beyond California and you have group purchasing (GroupOn in Chicago, LivingSocial in Washington DC), private sales (Gilt Groupe in NY, HauteLook in LA), artisan marketplaces (Etsy in NY), eCommerce (Amazon in Seattle) and on and on.