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Savings.com Deal Worth $100M+

socalTECH

The acquisition price is a healthy return for the investors in Loren Bendele's company, which include U.S. Venture Partners and Rustic Canyon Venture Partners, which invested around a total of $12M in Savings.com. Savings.com is a provider of online coupons and deal information.

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Local VCs Assess Wall Street, Technology Investment Climate

socalTECH

According to some local Southern California venture investors, it absolutely is affecting how they are thinking about the investment environment. He explains, "Our partnership is spending time evaluating the impacts on our portfolio and our outlook on future investments.".

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

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.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This week’s guest was David Travers from Rustic Canyon Partners. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. The investment will be used for product development initiatives. Obviously they see big things in Wildfire. 4mm in Series A.