Remove venture-debt
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Interview with Mark Suster, GRP Partners

socalTECH

This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. What's your thoughts on the local venture market?

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ZestCash Gets $19M For Lending Startup

socalTECH

Hollywood-based ZestCash , a startup offering up short-term, consumer loans online, has scored $19M in funding today, including $11M in a Series A equity round plus $8M in venture debt. The equity came from Lightspeed Venture Partners and GRP Partners. READ MORE>>.

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EMN8 Gets $3.1M More

socalTECH

The filing indicates the round target is $3.5M, an includes equity, debt, and warrants. Bass & Associates and Allegis Capital participated in this funding round, and continue to have representatives on the firm's board; the firm has also raised funding in the past from GRP Partners, and Fort Washington Capital.

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Meet Launchpad LA’s Graduating Startups

Tech Zulu Event

million led by GRP Partners, with participation from Baroda Ventures, Bertelsmann Digital Media Investments (BDMI), Daher Capital, Double M Capital, Karlin Ventures, Clark Landry, Andy Rankin, and Launchpad LA. YieldMetrics has already raised $1.7 The founders previously ran another company together.

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Teleflip Assets Sold, Says Creditor

socalTECH

Teleflip was venture backed by GRP Partners, and apparently went out of business sometime in August after failing to find additional capital. HTGC had invested $1M in debt financing in June of 2007 to Teleflip. HTGC said that the firm received $650,000 from the sale of Teleflip, which the firm said occurred this month.

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

Partners in VC funds only wanted to fund entrepreneurs who had a certain percentage of their net worth tied up in their venture. And we all know the fables about how people used to start businesses by taking a second mortgage on their home or by running up credit card debt. You have kids, a mortgage, MBA debt?

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

In any given year there are about 50 venture-backed companies or so that are bought for $100 million or more. In economics we call these “exogenous events&# and if they happen (Greek debt crisis, problems raising the US debt ceiling, trouble in Saudi Arabia) – you will not be shielded. source: Capital IQ.

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