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MindBody Raises $50M

socalTECH

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

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Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. TenOneTen Ventures is an early stage, seed investor here in Southern California. Why did you decide to move to venture capital?

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Angel Investment Criteria

SoCal CTO

I’m planning on going to a Tech Coast Angels mixer tomorrow and the topic for me is whether there is angel funding out there for startups that don’t meet classic VC models. By way of background for the question, there’s a great post by Bob Aholt, a Pasadena Angel: An Angel Investor’s Thoughts on Valuation.

Invest 205
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Angel Funding Advice

Both Sides of the Table

This is part of my ongoing series Pitching a VC. Quick caveats: having fewer investors (3-5) is better than many investors (10-15) and PLEASE make sure you hire a great lawyer who has experience in doing start-ups to avoid pitfalls that will make VC harder down the line. They might be as hard as raising VC. It creeps people out.

Angel 291
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MyShape Article - Analyst Misses the Point

SoCal CTO

skip to main | skip to sidebar SoCal CTO Monday, March 12, 2007 MyShape Article - Analyst Misses the Point The NY Times did a piece today on MyShape, a start-up in Pasadena - Log in Your Measurements, and the Clothes May Fit. “They’re probably a little ahead of their time,&# she said. I really think MyShape has a great concept.

MyShape 150
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Interview with Adam Lieber, Webtide

socalTECH

Adam also had a stint at Mission Ventures, and ran worldwide sales for open source middleware at IBM. I don't have a long sales cycle, because I'm talking to people who have already chosen Jetty. I also worked in sales groups for Websphere, and bootstrapped Webtide--all right in a row. So far so good.

IBM 100
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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

We tend to be better at things like team building, negotiations, sales, and fundraising – which are arguably the most important skills entrepreneurs should posses. Challenge #3 – There Needs to Be More Institutional Capital in Los Angeles. There simply are NOT enough venture capital firms in the Southern California.

Company 111