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Reflections on 2019: Kelly Perdew, Moonshots Capital

socalTECH

We also had our first exit for Moonshots Capital Fund 1 --Threatcare. The exit through acquisition by ReliaQuest is the first of what we expect will be many exits for our Fund 1 portfolio. For my partner, Craig Cummings, and I - 2019 was our first full year as Venture Capitalists! Think Google Ad Words for podcasting.

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LAVA Honors Richard Riordan, Local Technology Firms

socalTECH

The Los Angeles Venture Association (LAVA) held its annual awards event last night, honoring former Los Angeles Mayor Richard Riordan, as well as local, venture backed companies in a banquet last night at the Luxe hotel in Los Angeles. Other finalists were Clicker.com , Truecar , and Zumbox.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. But even this is changing.

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Interview with Jeff Zwelling, Convertro

socalTECH

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. One of the core pieces of that technology was around marketing and customer acquisition. It worked so well, in fact, that venture capitalists actually came to visit us, looked at what we had, and wanted to invest because of that technology.

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