article thumbnail

With its third fund, Revolution Ventures stays true to its mission

TechCrunch LA

Most of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Since Revolution launched in 2005, venture capital activity in underrepresented markets has grown significantly.

article thumbnail

FamilyFinds Buys Chicago Daily Deals Site

socalTECH

Los Angeles-based FamilyFinds.com , the daily coupon and deals site run by Matt Coffin, said today that it has acquired Mamaloot , an online daily deal site located in Chicago. The firm faces formidable competition in Chicago, which is the home of daily deals phenomenon Groupon.

Sites 174
Insiders

Sign Up for our Newsletter

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

article thumbnail

Google Unveils Self-Driving Car Effort

socalTECH

Search engine giant Google said over the weekend that the firm has been developing technology for self driving cars, driving automated cars across California, including Los Angeles and Santa Monica.

Google 166
article thumbnail

Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

socalTECH

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.

article thumbnail

After 20 years: Updating the Berkus Method of valuation

Berkonomics

Originally created in the mid 1990’s to help with the imprecise problem of how to value early stage companies, especially those in technology, I developed what soon became known as “The Berkus Method” when published in the popular book, “Winning Angels” by Harvard’s Amis and Stevenson with my permission in 2001.

Startup 120
article thumbnail

Reflections on 2019: Brett Brewer, Crosscut Ventures

socalTECH

Personal mobility and transportation innovation are absolutely massive issues for citiesespecially Los Angelesand we watch the categories closely. We went out on a limb in a competitive category with Wheels, and we did it because we believed in the founders. in 2005 for $680M. After leaving News Corp.,

article thumbnail

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

These two trends had a major impact on the computing industry from 2000-2005 but the effects weren’t yet felt by the VC industry. Every startup I knew in 2005 (when I started my second company) was using this. The Emergence of “Open Cloud&# Infrastructure. I find this strange. And maddening. Spawning of Micro VCs.