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Interview with Mark Suster, GRP Partners

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This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. So we think we're the right size for the market in 2009.

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Mark Suster: New, $200M Fund, and GRP's New Name, Upfront Ventures

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However, one, longtime local fund-- GRP Partners --appears to have found the right formula for venture success, and has just raised a brand new, $200 million fund. Our 2008 fund is also performing incredibly strong. I can write about anything--Internet video, for example, and I''ll have 50 Internet video plans.

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Does the Size of a VC Fund Matter?

Both Sides of the Table

Example: if a VC is on their fourth $200 million fund that they just raised in 2009 then you might hear them talk about $800 million under management. For example, my firm, GRP Partners, has a $200 million fund that was closed in March 2009 and we have 4 investment partners.

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Interview with Evan Rifkin, Burstly

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in a venture round from GRP Partners and Rincon Ventures, for the firm's mobile ad management platform. Mark Suster lead GRP's investment in the firm, and Jim Andelman led Rincon's investment. Earlier this week, Los Angeles-based Burstly (www.burstly.com) announced that it had raised $1.8M What is Burstly?

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I said, “It’s much easier now than it was in 2008/09.&# And time is the enemy of all deals so start sooner rather than later, as anybody who was planning to raise in October 2008 will tell you. That happened a lot in 2002 and again in 2008. So at GRP Partners we’re very active now.

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This Week in VC with Dana Settle of Greycroft Partners

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An obvious example that comes to mind is Roger Ehrenberg, whose fund Information Arbitrage , is looking at companies in these categories. Monetization: virtual goods (1/3 of total revenues); Partnerships with major brands (currently partnered with H&M and Travel Channel); forecasted to hit 6mm users by end of Summer 2010.

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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

So as of 2008 total LP commitments were still at nearly $250 billion. side note: our last fund at GRP Partners is currently ranked as the 5th best performing fund of the year 2000. Our current fund was raised in 2008/09.] You’ll notice that Harvard lost 30% of the entire value of its portfolio.