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I am so proud and humbled to be able to formally announce that Upfront Ventures has raised its 6th venture capital fund in the past 21 years. Upfront VI is our latest core fund and is $400 million to invest in early stage entrepreneurs. This brings our combined funds under management to nearly $2 billion.
Fund raising. But it’s critical for your business, for you as a leader and people who excel at fund raising have an extreme advantage over those who do not. The best entrepreneurs in our industry focus on it year-round as opposed to just once every 18 months. It definitely has a “d” in it, as in it’s really not fun, raising.
The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. The firm was launched in 2017 by general partners Eva Ho and TX Zhuo, formerly of Susa Ventures and Karlin Ventures, respectively.
Saturday, March 25, 2017 -- Caltech Entrepreneurs Forum - Funding. The Snapchat Effect: How the companys mega IPO may enhance the odds of your startup getting funded. Will we witness more venture funding and increased company valuations in the region?
Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. With that in mind, the Watertower Ventures group, which launched in 2017 with a small, $5 million fund, is a return to those roots.
Our third fund made some intriguing investments during the year (Postie, Nordsense, LiftIgniter and Qordoba) and we're now out of our investment phase. What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software, that particularly caught your eye in 2017?
What was the biggest personal lesson you learned from 2017? Are there any technology innovations, gadgets, devices, software that particularly caught your eye in 2017? I continue to be surprised by some clever SoCal entrepreneurs who are creating out-of-the box companies that are opportunistic and reflect our markets ingenuity.
Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel first formed the business back in 2017. Israel, a serial entrepreneur, has spent decades thinking about parking.
Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund.
Saturday, January 21, 2017 -- Aerospace and Defense: Finding and Funding Opportunities for Entrepreneurs in Southern California. Caltech Entrepreneurs Forum. From small sats and drones to headline-making rocketry by the big guys, our Southern California Aerospace landscape has been revitalized.
Tuesday, September 26, 2017 -- How To Get Your Startup Funded - Tips From Entrepreneur and Renowed Angel Investor Jason Calacanis. Jason Calacanis founded Silicon Alley Reporter, Weblogs Inc, Mahalo, and Inside.com. He turned down a $20 million offer for Silicon Alley Reporter.
Wednesday, March 8, 2017 -- Fierce, Funded, and Female: A Discussion On Capital Raising. Join a group of female investors and successful entrepreneurs for an open discussion on raising money for your new venture. What are the pros and cons of equity funding from angels, VC firms, crowdfunding and bank lending?
Wednesday, April 12, 2017 -- Funding your Innovation. The following questions that plague entrepreneurs will be answered: 1. Santa Ana District SBDC. This course is about selling your innovation to investors, grant proposal reviewers, potential strategic partners, and to your intended customers.
Co-founded by the Melbourne, Australia native Phoebe Yu and serial entrepreneur Kat Dey, ettitude sells high-end bamboo bedding made using a process she first heard about in her old job working as an exporter helping chain stores source textiles in China. So Yu turned to AngelList, which is where she found Dey. ”
Today's contribution is from Lawrence Ng , serial entrepreneur who, last year, founded OnRamp Fund , a $10 million incubator that invests in early stage startups. Finally, what do you think will have the biggest impact on the technology industry in 2017? The Fund has expertise in technology development and data management.
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Marcus has a long background in angel investing and company creation.
In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. Mujhid had to communicate that the “community they’ve built may formally cease without emergency funding.” Among the strategies?
Mayor Eric Garcetti at Upfront Summit, February 2017 I first sat down with then councilman Eric Garcetti on the Ides of March 2012 — almost 5 years ago exactly. It’s amazing to see the success of LA under Mayor Garcetti and that’s why I urge you to turn out to reelect him tomorrow — March 7, 2017 - every single vote matters.
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. Rob Freelen: The best lesson I learned in 2016 is that a well-managed company can succeed in any funding environment. This is a trend from 2016 that should gain momentum in 2017.
“We want to inspire, but we also want to be realistic and show beauty in real life,” Glossier founder and CEO Emily Weiss said in a 2017 interview with Inc, just as the brand had reached what Weiss herself described as “cult status.” allocate 98% of their funding to startups helmed by men. And who cares?
A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. A-Frame previously raised a seed round backed by cannabis dispensary Columbia Care. When you have a celebrity focused brand you want to focus on franchise items.”
Stella Wu, who formerly worked as a growth product manager at Wish, got firsthand experience of the pain points related to the process when she bought her own house in 2017. “I We love that ethos — it matches with our thinking about backing entrepreneurs who don’t fit into the stereotypical box,” Kim said.
Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Here again, the entrepreneur will be the one hurt most, by having fewer funding sources to access.
I believe the days of the “job work” mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere. Thus a record number of entrepreneurs (and team members) are getting rich.
Wednesday, November 1, 2017 -- Insider Insights: You got your VC meeting, now what? Many life science entrepreneurs will work hard to get the meeting, but then dont take time to actually prepare to meet with the specific partnership. San Diego Venture Group. You got your VC meeting, now what? See [link] (more)
Thursday, January 19, 2017 -- SplashX LA. Splash Talks and Splash Chats are 20 minutes of pure, raw wisdom about fundraising, building, and scaling a startup, presented by visionary Founders and CEOs who have successfully raised $10M+ in funding. A 10-minute QandA proceeds each Splash. See [link] (more)
SendGrid had a successful IPO in 2017 , and was acquired for $3 billion in February. Saldana is now CTO of Techstars Studio, an effort to help entrepreneurs rapidly envision, validate, and launch disruptive startups. One of the company's co-founders, Isaac Saldana, helped co-found the company in Anaheim.
I believe the days of the “job work” mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere. Thus a record number of entrepreneurs (and team members) are getting rich.
Upfront Ventures has a deep-seated commitment to equality in funding & building diverse teams across all ethnicities, nationalities and genders. If you’re an entrepreneur who would like to see this clause in more startups please ask your VC to include it in future term sheets and link to it from their home page. “We
In my role as an advisor to startups, I often have to remind entrepreneurs to think more like sales people from day one, in finding a real problem to solve and designing the solution. A good entrepreneur actually gets stronger as he or she learns from each growth failure, and responds ever more effectively to customer needs and expectations.
The eight-people team is led by Cheng Lyu, the 29-year-old entrepreneur who goes by Jesse and helped Baidu build up its smart speaker unit from scratch after the Chinese search giant acquired his voice startup Raven in 2017. The startup appears suitable to undertake the task. Path to monetization.
of venture capital funding in 2023. Women-owned businesses still face disproportionate challenges when it comes to obtaining equity financing, government funding , and private loans. Scroll down to check out some exciting funding programs open to women-owned businesses, or jump to a specific grant using the links below.
Constance Curtis: I have been a successful entrepreneur for the past thirteen years. Through my own frustration, I decided, in 2017, the heck with this, and decided to hire a traditional matchmaker. What's the biggest lesson you've learned, as an entrepreneur? As CEO and an entrepreneur, you have to know that yourself.
VentureWell, a Massachusetts-based nonprofit that supports science and technology entrepreneurs, has selected a medical simulation startup founded by University of Maine students to receive funding and training. The funding comes from VentureWell’s E-Team Student Grant Program.
million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . That was around 2017, when the two first began brainstorming how they would build their company. Elementary Robotics has raised $3.6
This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Kevin sold his last company, Santa Barbara-based Graphiq, in July of 2017 to Amazon, but has a long history of successful companies, including founding DoubleClick.
We talked with Richard about NordicEye's $30M fund, its interests in Los Angeles, and why a Nordic venture capital firm has its eyes on Southern California's technology startups. Give us an overview of your fund and what you invest in? We're in the process of raising funds with institutional investors as well.
This growth is often funded via debt. In contrast, the rest of the retail industry discounts its products at the end of each season, to free-up floor space and fund production of its upcoming line, thereby undercutting the implicit value of their brand. Fashion companies usually ramp production, as demand increases.
As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur -- how do I start?” Many people with great ideas never make it as entrepreneurs, and true entrepreneurs can make a business out of anything. Few entrepreneurs can assimilate and hone a complete plan in their head.
New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. As an active angel investor, I look for this level of alignment and understanding in every funding presentation I hear. No startup or entrepreneur is an island.
Could you survive and flourish as an entrepreneur, or should you be satisfied working for someone else? Real entrepreneurs are so busy chasing the dream and building out ideas to change the world, that they see failure only as a learning experience in more tightly focusing their effort. Their passion makes them immune to failure.
Thus one of my key messages to entrepreneurs, as a business advisor and angel investor, is “focus.” For example, it’s all too common for a technology entrepreneur to highlight a new battery technology as the ultimate power for smartphones, medical heart pacemakers, and home lighting. Define no more than 3 to 5 goals and priorities.
Retain maximum equity by requesting minimal funding. Size your funding requests to cover the next 18 months, and then buffer the amount by at least 25 percent. Marty Zwilling First published on Inc.com on 07/14/2017. Moderate business conflict is constructive and should be embraced. Work hard, but work smart.
This morning, Techstars (www.techstars.org), the startup accelerator which has had great success in spreading its approach to helping to get startups to the next stage of their life�usually, funding�announced it has opened up its third accelerator in Los Angeles, Techstars LA. The Demo Day will be in October 2017.
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