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Should Startups Care About Profitability?

Both Sides of the Table

Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. Do you imagine eventually raising VC and trying to build a faster growing company?” They raised $5 million in venture capital to fund growth. The VC-backed businesses sometimes “blow up.” Two-f **g-billion! What a disaster!

Startup 227
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Snap Raises $250M From Saudi Family

socalTECH

the parent company of Snapchat , has raised $250M in the publicly held company from the Saudi royal family. The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M Venice-based Snap Inc. , percent stake in the company. READ MORE>>.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”

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Interview with Derek Norton, Watertower Ventures

socalTECH

Earlier this week, Derek Norton , a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). I hate to put us into the pre-seed and seed area, so I am saying literally, first institutional capital.

Invest 145
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How Well Versed Are You In Startup Investor Jargon?

Startup Professionals Musings

Prime examples include Uber, Airbnb and Snapchat. People are even talking about “decacorns" -- investable companies with net worth now exceeding $10 billion -- like Dropbox and Pinterest. This term refers to an initial venture-capital investment, often wrongly sought to seed early product development.

Startup 57
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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

Cincinnati, like many startup communities in the US over the past 5 years, has revitalized important regions in its urban core, created accelerators, built co-working facilities, pooled together angel capital, attracted VCs, involved educational institutions and solicited the help of important corporations in a more cohesive ecosystem.

Startup 390
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The Case For & Against Cryptocurrencies (for those tired of all the noise)

Both Sides of the Table

Our social graphs are locked in Facebook, Twitter and Snapchat. Breakout companies become much harder and this isn’t likely to improve unless we give new companies the tools and capital they need to flourish. You think Turkey is going to be eager to allow the movement of capital it can’t track?

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