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Los Angeles Venture Investors Get Their Mojo Back

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For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. The IPO of education company 2U also greatly benefited Los Angeles, with the company''s extensive operations in LA, plus backing from former Redpoint Ventures'' (now Archer Capital) investor Greg Martin. READ MORE>>.

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Tech Coast Angels: We Have Higher Returns Than Angel Averages

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The Tech Coast Angels , Southern California's biggest angel investment group, says its performance record and returns on its investments are higher than the average angel, in nearly all categories, based on a new academic study. average of all angels. According to the TCA, it had a 3.3x in active investments.

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Reflections on 2019: Kelly Perdew, Moonshots Capital

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Today, we share the thoughts of Kelly Perdew , the founder and Managing Director of Moonshots Capital (www.moonshotscapital.com). We also had our first exit for Moonshots Capital Fund 1 --Threatcare. At the same time, more capital continues to be raised in LA. Kelly Perdew is the managing general partner of at Moonshots Capital.

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Reflections on 2018: Kelly Perdew, Moonshots Capital

socalTECH

This morning's reflections are from Kelly Perdew , managing general partner of at Moonshots Capital (www.moonshotscapital.com). Kelly Perdew is the managing general partner of at Moonshots Capital , a $20M committed fund, and has previously invested over $12.5M in 50+ companies through his angel and syndicate deals.

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NXCR, Led By Scott Painter, Scores $30M In Seed Funding

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Los Angeles-based NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company's first external equity financing.

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Fair Launches New Adjustable Payments For Cars

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Los Angeles-based Fair --a technology-enabled startup which lets people get access to a car with none of the traditional limitations and handcuffs of a lease--is making it even easier for people to get a car through its service, saying it has started to let drivers choose how much they want to spend each month for a vehicle. READ MORE>>.

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Fair Raises Nearly $1 Billion In Strategic Funding Round

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Los Angeles-based Fair , the automotive startup led by serial entrepreneur Scott Painter, has raised nearly $1 billion in a strategic funding, led by BMW i Ventures, along with Penske Automotive Group, Sherpa Capital, and others. The funding also included other, un-named strategic investors.

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