socalTECH

AUGUST 11, 2015

The Tech Coast Angels , Southern California's biggest angel investment group, said Tuesday that it has seen a successful exit in MindBody , the developer of cloud-based business management software for the wellness industry. TCA said its members first invested in MindBody in 2005, and saw a 42x return at IPO on their investment.

Tech Coast Angels 100

Tech Coast Angels Angel Southern California Invest 100

SoCal Tech Calendar

JANUARY 18, 2017

Beth Seidenberg focuses on life science investing in digital health and biotech and works with entrepreneurs to develop companies with breakthrough technology for treating patients and improving the delivery of healthcare. See https://form.jotform.com/cluce/hub101-talks-beth-seidenberg.

Incubator 100

Incubator Entrepreneur Invest Technology 100

socalTECH

SEPTEMBER 28, 2017

In a major move for Los Angeles-based j2 Global is planning to turn over operation of the company to Vivek Shah, as current CEO Hemi Zucker plans a move to a new, venture capital investment firm called OCV Management. The shift is a major one for j2 Global, which became a ravenous acquirer of companies under his shift.

Venture Capital 113

Venture Capital Capital Los Angeles Organization 113

TechCrunch LA

SEPTEMBER 18, 2019

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. Few seek out companies in Indianapolis, Milwaukee or Tampa. Revolution Ventures managing partner Tige Savage.

Venture Capital 211

Venture Capital Funding Seed Funding Activity 211

socalTECH

APRIL 22, 2013

FastSpring , the fast growing Santa Barbara-based e-commerce payment services provider headed by Dan Engel, said today it has scored a funding round from Pylon Capital, a Los Angeles-based investment firm. The investment is the first, outside investment in the company since it was founded in 2005.

Funding 153

Funding Santa Barbara Commerce Acquisition 153

socalTECH

OCTOBER 26, 2015

Los Angeles-based PeerStreet said this morning that it has launched a brand new, online real estate loan marketplace, which is aimed at accredited investors interested in real estate investments. The company said it already has funded more than $35M in real estate loans, across 78 properties, during its pre-launch phase.

Google 100

Google San Diego Los Angeles Acquisition 100

socalTECH

DECEMBER 31, 2018

fact, turns out it is much, much harder than raising money for an early stage company. My partner, Craig Cummings, and I were fortunate to close our $20M fund in October and couldnt be more excited about identifying new portfolio companies and helping those entrepreneurs build their businesses.

Capital 113

Capital Venture Capital News Patents 113

socalTECH

FEBRUARY 24, 2010

Split Rock, which is based in Minneapolis, said that Coffin will work with the firm to identify promising investment opportunities, as well as to help advise its existing portfolio companies. Split Rock was an investor in LowerMyBills, which Coffin sold to Experian in 2005 for $380M.

Mahalo 150

Mahalo Southern California Venture Capital Demand 150

socalTECH

OCTOBER 18, 2010

SAIL focuses all of its investments on clean energy related companies, and first invested in Ice Energy back in 2005. SAIL joined TIAA-CREF, Energy Capital Partners, Good Energies, and Second Avenue Partners in the funding.

Venture Capital 157

Venture Capital Demand Invest Capital 157

Tech.Co

MARCH 5, 2015

Brad previously ran DIC Entertainment as President for 6 years after working for Donaldson, Lufkin and Jenrette as an Investment Banker. Brad received his BA from UC Berkeley and an MBA from the University of Chicago.

Entertainment 70

Entertainment Invest Capital Help 70

Both Sides of the Table

MARCH 6, 2015

Let me take you back just 10 years ago to 2005 in Silicon Valley where I returned after 11 years of living in Europe. But back in 2005 there were a few people who spotted the trend before others and one of the true pioneers was (and continues to be) Jeff Clavier who founded SoftTech VC. It is, of course, a very recent phenomenon.

Venture Capital 150

Venture Capital Startup Invest Cloud Computing 150

socalTECH

DECEMBER 31, 2018

What was the biggest news for your company in 2018? The biggest news this year for Okapi, Southern Californias original seed stage venture capital fund, is that we ramped up the deployment of our 3rd fund and saw its portfolio grow by another 10 companies! It is truly an amazing company with HUGE potential.

Venture Capital 113

Venture Capital Capital Southern California News 113

socalTECH

JULY 30, 2012

The move might actually be a positive one for Southern California, given that Levinsohn had been pulled away from investing and helping Southern California startups in 2010, when he was tapped by then Yahoo CEO Carol Bartz to aid Yahoo. Levinsohn has not said what he'll do next after his stint as Yahoo CEO. READ MORE>>.

Yahoo 145

Yahoo Southern California News Venture Capital 145

InfoChachkie

MARCH 16, 2010

However, in many cases, acquiring companies behave in a less rational manner than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale. We were not rude nor indignant.

Company 160

Company Companies Pricing Santa Barbara 160

socalTECH

FEBRUARY 7, 2012

The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. During 2011, the analysis identified 73 exits by companies, with an average value of approximately $106M. A new report released today tallies up $7.7

Southern California 187

Southern California Cornerstone OnDemand Report Riot Games 187

Both Sides of the Table

JUNE 28, 2011

I will argue that LPs who invest in VC funds will also need to adjust a bit as well. When I built my first company starting in 1999 it cost $2.5 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. That little online book company.

Venture Capital 334

Venture Capital Software Capital Startup 334

socalTECH

SEPTEMBER 13, 2010

The company also said that it is planning to double its investment in its technology platform. Lavin and Dusig's last firm, goZing, was successfully sold to Greenfield Online in 2005. Lavin and Dusig's last firm, goZing, was successfully sold to Greenfield Online in 2005. READ MORE>>.

Report 140

Report Sample Encino Research 140

socalTECH

DECEMBER 21, 2017

For today's interview, we spoke with Richard Sussman , who is leading up investments for a new venture capital firm in town, NordicEye (www.nordiceye.com), which just saw a big exit in one of its very first investments, Los Angeles-based Weblife. Give us an overview of your fund and what you invest in?

Southern California 133

Southern California Startup Venture Capital Invest 133

socalTECH

JULY 18, 2013

We spoke with Arjan Shutte about the investment firm and its interest in financial startups, and why it moved from New York. Arjan Schutte: Our fund has a big mission, to invest in financial technology for the emerging middle class. Tell us about Core Capital and the types of investments you make?

Capital 183

Capital Startup Los Angeles Invest 183

socalTECH

DECEMBER 30, 2016

In 2016, our Santa Monica office more than doubled market share of early-stage companies. Though we bank companies large and small around the globe, here in L.A. we're proud to be part of one of the world's most vibrant innovation ecosystems with some of the fastest growing companies and most creative entrepreneurs.

Santa Monica 124

Santa Monica Southern California Venture Capital SoCalTech 124

socalTECH

DECEMBER 26, 2019

What was the biggest news for you/your company this year? This was a big year for Crosscut because were finally delivering on our promise of implementing a full-scale investing platform after 11+ years in business. in 2005 for $680M. These are all gigantic categories with hundreds of new startups founded each year.

Southern California 100

Southern California News Platform Class 100

Both Sides of the Table

APRIL 2, 2010

VC’s don’t invest 100% of their own money. They raise money from institutions who want to have some allocation of their investment dollars in a category known as “alternatives,&# which is supposed to mean higher risk, higher returns. And funds also have investments from the partners of the firm.

Venture Capital 269

Venture Capital Funding Invest GRP Partners 269

Both Sides of the Table

JULY 24, 2012

This was 2005 when I had no exits under my belt, no blogs … nobody was looking. I told him that our market was absolutely booming and was worthy of a commensurate investment. Invest they have. The whole movement to seed funds / early investments happened for a reason. He was a mensch. And I know that Mike agreed.

Venture Capital 299

Venture Capital Startup Los Angeles GRP Partners 299

socalTECH

DECEMBER 10, 2009

According to OVP's site, it was approached in 2005 by the CFO of a former portfolio company, who had made money for the firm twice before, begging the firm to invest. OVP is known for its list of "missed deals" in its portfolio, and recently added Networks In Motion to its missed deal for its 2001-era Fund 6.

Networking 133

Networking Orange County Redpoint Mission Ventures 133

Both Sides of the Table

APRIL 20, 2011

They have totally changed the way you run a VC firm, investing heavily in systems & events for their founders that are pushing the boundaries of the way our industry works. As a courtesy if you enjoyed his write-up please check out his startup company, ChannelStack. Investing Strategy. I'm a huge fan of this innovation.

Capital 284

Capital Venture Capital Technical Review Startup 284

Both Sides of the Table

APRIL 13, 2011

My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level. In 2004 / 2005 I was starting to get intrigued with user-generated content.

Venture Capital 288

Venture Capital Startup Technical Review Software Review 288

socalTECH

APRIL 5, 2017

Diamond Bar-based LifeRay (www.liferay.com) is a company that not too many people have heard of, but which is used to run the websites for such well known organizations like Toyota, T-Mobile, Coach, Fujitsu, Allianz, and Sesame Street. Bryan Cheung: We're an enterprise software company. How did the company start?

Diamond Bar 169

Diamond Bar Customer Custom Organization 169

Berkonomics

NOVEMBER 4, 2016

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. Well, it had to happen.

Startup 120

Startup Examples Metrics Marketing 120

socalTECH

SEPTEMBER 27, 2013

We caught up with David Siemer , both an investment banker who runs Siemer & Associates (www.siemer.com) and an early stage investor here with Siemer Ventures (www.siemervc.com), to get his thoughts on the subject. Now, a new breed of companies is finally making it out, which has had a huge impact on valuations.

Southern California 124

Southern California SoCal Commerce Invest 124

Both Sides of the Table

FEBRUARY 7, 2013

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). I first met Ethan in 2005. BuildOnline (the company I founded) has just announcement plans to be more aggressive in growing in the US.

CTO Coach 359

CTO Coach Google CTO Hire Yammer 359

socalTECH

OCTOBER 26, 2016

What types of companies will be part of Techstars LA? The companies really are at the discretion of the managing director and team on the types and focus areas of the companies who will be included. We started in Boulder, Colorado, all the way back in 2007, with just ten companies. billion combined.

Startup 100

Startup Los Angeles Mentor Class 100

Both Sides of the Table

JUNE 22, 2011

As any historian of bubbles will tell you – there were periods of bubbles in assets as arcane as tulips , South American trading companies , dot-com bubbles & housing bubbles. The fact that today’s Internet bubble does not represent all companies does not disprove its existence. I said that at the Founder Showcase, too.

Pricing 309

Pricing Marketing Startup Venture Capital 309

Both Sides of the Table

SEPTEMBER 28, 2011

So I ask you – if you’re being reactive to somebody else’s emails are you really being as productive in your company as you could be? I spend tons of time each day on portfolio company issues. I had a pre breakfast with a CEO of a company in which I invested talking about his next fund raising round.

Email 314

Email Product Startup Writing 314

socalTECH

SEPTEMBER 30, 2009

Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. The fund--started by Brian Garrett and Rick Smith --has been focused on digital media investments, and so far has made investments in six companies.

Southern California 153

Southern California Startup Palomar Rustic Canyon 153

InfoChachkie

JULY 21, 2011

We help companies reward their employees with perks. Perks are one of the most cost effective ways for a company to recruit and retain employees. How extensible do you see BetterWorks’ business model with later stage companies, where dental plans do matter? “We Those companies are spending up to $300 per employee per month.

Summary 246

Summary Tips Sales Entrepreneur 246

socalTECH

JUNE 6, 2011

We're looking to launch our first class in the fall, with five to ten companies, with the TechStars model of a small capital investment, and a seed investment of $6000 per founder. Typically, venture backed companies, always entrepreneur led. Then I started working for these companies as well.

Startup 221

Startup Mentor Southern California Incubator 221

Both Sides of the Table

OCTOBER 1, 2009

There’s no doubt (at least anecdotally) that the pace of VC investments in early-stage technology companies has picked up in the past few months. But there are many zombie VC’s with no more investments left in their portfolios so it’s hard to know which trend has more impact. This is one book-end of the cycle.

Venture Capital 255

Venture Capital Marketing Startup Social Network 255