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Southern California Accelerator Report Card: Q1 2013

socalTECH

There''s been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. where we totalled up $33.85M in funding.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

Bryant launched his venture career with partner and serial entrepreneur Jeff Stibel back in 2013, according to Crunchbase. The pair made a mix of early- and late-stage investments in Los Angeles-based companies like LegalZoom, Scopely, Art of Sport, The Honest Company, RingDNA, FocusMotion, DyshApp and Represent.

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Silicon Beach Fest June 2013 Keynote and Accelerator Panel Highlights

Tech Zulu Event

His accelerator selects 20 companies a year out of the 500 which apply and provides 100k in funding to those who participate. Most companies are referred by other VC’s, founders or mentors. Investors will more likely invest in a person they believe in, but more on that later when I discuss the investor panels.

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Huddlewoo Wants To Connect You To Mentors You Admire Through Online Video

Tech Zulu Event

Huddlewoo a live video platform set to launch early 2013 to give people the ability to access extraordinary people for one-on-one conversations and mentoring. His main company Providence Holdings has invested in real estate and several small businesses. Any funding yet? We caught up with the CEO William Zell.

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New Disney Accelerator Shines A Spotlight on LA Tech

Tech Zulu Event

The Walt Disney Company & Techstars have officially announced the Disney Accelerator, a three-month mentorship and seed-stage investment program for 10 lucky companies. Recall, in 2013, Los Angeles collectively saw $1.1 Recall, in 2013, Los Angeles collectively saw $1.1 It’s another great day for the LA tech community.

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

Most top tier VCs return about 3x invested capital and outlier funds (the best of a vintage) might return 6-8x. But the larger funds usually have lower returns because they are often investing bigger dollars at later stages with less risk and therefore lower returns. Yet their next fund had Facebook in it.

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What Future for Accelerators?

Both Sides of the Table

and I thought if we brought the community together for common purpose we could create more of a sense of community to help new entrepreneurs get funded, assemble teams, raise profiles and help with biz dev, product, etc. Companies were getting funded more easily and many more companies were actually being created. So we went for it.