Remove 2020 Remove Angel Remove Competition Remove Equity
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XPRIZE Launches New Video Game Design Challenge

socalTECH

Los Angeles-based XPRIZE said it has launched a new initiative, which will provide "thousands of dollars" in prizes that invites the next generation to develop video games which "depict a better future for humanity". XPRIZE said entries for the competition will be due by October 14, 2020. READ MORE>>.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today.

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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. in markets such as New York and Los Angeles. With this round, the company is again giving 1% of the equity raised back to the planet. True competition is coming to this space, this decade,” he said.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

organized by the Los Angeles-based venture firm Upfront Ventures as a showcase for technology and investment talent in Southern California, venture investor Josh Kopelman spoke to the heightened pace of dealmaking at his own firm. — Dan Primack (@danprimack) January 29, 2020.

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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors. Direct seed funding, for a share of the equity, and introductions to investors. That’s about the same ratio that angel investors claim. Mentoring and technical assistance from volunteer or paid experts.

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7 Critical Resources For A Thriving Startup Community

Startup Professionals Musings

Apple has since capitalized on the top technical talent in Silicon Valley to stay ahead of the competition. Financial capital – revenue, equity, debt, funding. Key sources of financial capital for any startup community must include friends and family, local angel investors, and venture capital access.

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