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

TechCrunch LA

Since Revolution launched in 2005, venture capital activity in underrepresented markets has grown significantly. Competition for access to deals in the Bay Area, however, has priced many investors out of the most sought-after rounds. We see more activity there from the traditional East Coast and West Coast firms.”.

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FamilyFinds Buys Chicago Daily Deals Site

socalTECH

The firm faces formidable competition in Chicago, which is the home of daily deals phenomenon Groupon. FamilyFinds.com is focusing in on deals on services and experiences for families, and is the latest venture for Matt Coffin, who sold his last firm, LowerMyBills.com, to Experian back in 2005 for over $330M.

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Google Unveils Self-Driving Car Effort

socalTECH

According to Google, it has hired what it says were some of the very best engineers from the DARPA Grand Challenge, DARPA's robotic vehicle competition, and applied them to develop its own, automated cars.

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

socalTECH

The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007. The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. READ MORE>>.

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X PRIZE Foundation Looks To Attract Major Auto Firms

socalTECH

per year since 2005. The X PRIZE foundation is looking to award $10M in prizes in its competition; however, the Demonstration Division will not be eligible for the prize. According to the X PRIZE foundation, the new prize will be open to established automakers who sold more than 10,000 fully validated, four-wheel vehicles in the U.S.

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Reflections on 2019: Brett Brewer, Crosscut Ventures

socalTECH

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. Personal mobility and transportation innovation are absolutely massive issues for citiesespecially Los Angelesand we watch the categories closely. After leaving News Corp.,

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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.