article thumbnail

Patron Picks Up $90M For Games, Consumer, Web Investments

socalTECH

A new, early-stage venture firm, Patron--which has one of its General Partners based in Los Angeles--said on Tuesday that it has raised $90M in a new venture capital fund. Yeh and Cho said that they have served across such companies as Riot Games, FirstMark Capital, and Andreessen Horowitz.

article thumbnail

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? How our VC Firms Like Ours Organizing to Meet the Challenges?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.

article thumbnail

How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do.

Snapchat 214
article thumbnail

Pop culture stimulates the evolution of the LA tech scene

TechCrunch LA

It wasn’t so long ago that venture capital was a suburban California phenomenon. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there.

article thumbnail

Clinton Foy: Why We Bought Our Own E-Sports Team, the Immortals

socalTECH

To get some insight into the growing world and business of e-sports, we caught up with Clinton Foy , a local venture capital investor at Crosscut Ventures in Los Angeles. Blizzard has been one of the founders of e-sports, an created many of the early e-sports games, and Riot Games is well known for League of Legends.

article thumbnail

Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

Here, we have the thoughts of Clinton Foy , General Partner and Managing Director of Crosscut Ventures (www.crosscut.vc). Venture Capital is a Long Term Game. When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund.