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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis. In my mind, not a typical VC investment. He’ll get deals done.

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Backstage Capital Launches New Startup Accelerator In LA

socalTECH

West Hollywood-based Backstage Capital , a venture capital investor which focuses on minorities--including women, People of Color, and LGBT founders, said recently that it has launched the Backstage Accelerator , a three month, startup accelerator which will provide in-person resources and support to its portfolio of companies.

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Report: Backstage Capital Shifting To Accelerator Model After Fundraising Issues

socalTECH

West Hollywood-based venture investment firm Backstage Capital is shifting entirely to an accelerator model, according to reports today, after failing to raise a new, $36M venture capital fund. Backstage Capital focuses on focuses on minorities, including women, People of Color, and LGBT founders.

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The RealReal Launches First Bricks And Mortar Store, In West Hollywood

socalTECH

Online luxury consignment store The RealReal is making its foray into the retail market, with its first ever bricks-and-mortar, physical store, in Los Angeles. TheRealReal said it will open up a "concept store" in Los Angeles on Melrose Avenue in West Hollywood, where it will both offer up its luxury goods and also accept consignments.

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Crush Capital Gets $3.25M For Streaming Series On IPOs

socalTECH

Los Angeles-based Crush Capital, a startup founded by Darren Marble and Todd Goldberg, said on Wednesday that it has raised $3.25M in a seed funding round, which will go towards its own, online streaming series called "Going Public".

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Goodbye, LA Dreams: Winklevoss Twins Put Hollywood Mansion Up For Lease

socalTECH

It looks like all the grand plans by the Tyler and Cameron Winklevoss to set up an investment outpost in Los Angeles have faded away, on news that the twins are now leasing out their Hollywood mansion, asking for $150,000 a month for the 8,000 square foot mansion in the Hollywood hills. READ MORE>>.

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