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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Our last fund we raised was in 2012 and we began investing it in April of 2012.

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VC firms of Kevin Durant and Snoop Dogg back Dutchie, a new cannabis delivery service

TechCrunch LA

Instead, he’s launched a new delivery service that has just raised $3 million from Casa Verde Capital , the $45 million venture firm founded by hip hop impresario Snoop Dogg, and Kevin Durant’s Durant Company — among others — to take advantage of the growing demand for marijuana delivery.

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What Future for Accelerators?

Both Sides of the Table

I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. By 2011 the market had started to change dramatically. Throughout 2012 & 2013 we funded many companies and then pulled together a second fund. None of us was convinced the market really needed 5 accelerators.

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Interview with Robert Blatt, MomentFeed

socalTECH

By the end of 2012, Rob had done a really great job of identifying the opportunity, and being a visionary on how social, local, and mobile would change how consumers engaged with brands. Robert Blatt: The first stage, in 2013, was really nailing product-market-fit. How did you get involved with MomentFeed?

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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

LendingClub helped to pioneer the model, saying in November 2012 that it had surpassed $1 billion in loans issued since 2006, when it was founded. billion in loans since 2012, when its business “morphed” into an alternative lender, according to founder and CEO Dave Gilbert. million in 2012 to more than $59 million in 2015.

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Fintech Lender Uses Profitability to Step Out from Industry Cloud

Xconomy

LendingClub helped to pioneer the model, saying in November 2012 that it had surpassed $1 billion in loans issued since 2006, when it was founded. billion in loans since 2012, when its business “morphed” into an alternative lender, according to founder and CEO Dave Gilbert. million in 2012 to more than $59 million in 2015.

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Karlin Ventures Announces New Karlin Fellowship Program

Tech Zulu Event

Launched in Los Angeles in 2012, early-­stage venture capital firm Karlin Ventures has announced a new elite tech fellowship program that will kickoff today. Confirmed experts leading the first two sessions include Dan Macklin, co­founder and VP of business development at SoFi and Raja Subramoni, head of product marketing at Sonos.