Rubicon Project's Big Winners: Clearstone, News Corp., Mayfield

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per share in trading Monday), the biggest winner from the IPO last week was venture capital fund Clearstone Venture Partners , whose stake in Rubicon Project was worth around $121M today; other winners were News Corporation ($91.5M); Mayfield Fund ($79.29M); as well as Rubicon Project CEO and Founder Frank Addante, whose stake in Rubicon Project is now worth a healthy, $58.98M. rubicon project merger acquisition clearstone news mayfield winners frank addante

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles. LA Tech Survival Guide A Tale of Two Tech Cities – Silicon Valley vs. Los Angeles Guide to the LA Startup Community Why You Should Start a Company in. It brings together events and content for Los Angeles.

Trending Sources

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. Los Angeles Startup Community Posts/Articles Here are some interesting articles and posts on the ecosystem around startups in Los Angeles. LA Tech Survival Guide A Tale of Two Tech Cities – Silicon Valley vs. Los Angeles Guide to the LA Startup Community Why You Should Start a Company in. It brings together events and content for Los Angeles.

Clearstone Backs Openbucks

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Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. The round was led by Yahoo co-founder Jerry Yang , and also included Terry Semel , Greycroft Partners , BV Capital, Morado Ventures, Novel TMT Ventures, Inspiration Ventures , CrunchFund, SV Angel and TiE Angels, along with the involvement of Clearstone Ventures.

Insights and Opinions: The Problem with the Super Angels

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For today's Insights and Opinions section today, we have a post from Jim Armstrong , Managing Director at Clearstone Venture Partners , who talks about some of the issues behind the super angel trend. At Clearstone, we have also launched a super angel fund and strategy.

Tech Investor Pierce Makes Offer For Mt. Gox

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BitAngels angel investment group focused on Bitcoin; is a backer of Santa Monica-based GoCoin; and has investments in such companies as Playsino and Xfire, in addition to being involved with the Clearstone Global Gaming Fund. Brock Pierce , the Southern California technology investor and Bitcoin mogul, is leading a group of investors looking to take over failed Bitcoin exchange Mt. Gox -- in exchange for a single Bitcoin.

Crowdfunder Raises $3.5M

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Los Angeles-based crowdfunding site Crowdfunder.com , the equity crowdfunding site led by Chance Barnett, has raised $3.5M The funding came from Tim Draper (DFJ), Bill Quigley (Clearstone, Crypto Currency Partners), Bridge 37 Ventures, Ideas & Capital Venture Capital, Maura O''Neill, Capital Nuts, Marcus Segal (Zynga), Mark Rampolla (ZICO Coconut Water), David Wilner (Windriver Systems), and others.

Rubicon Project Files For IPO

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Los Angeles-based online advertising technology developer Rubicon Project has filed for an IPO, saying in a filing with the SEC that it is looking to sell up to $100M in its stock in an IPO on the New York Stock Exchange. Rubicon is venture backed by Clearstone Ventures, News Corp.,

LeisureLink Ties With Software Firm

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The company is venture backed by Clearstone Venture Partners , Kodiak Ventures, Mission Ventures , the Pasadena Angels , the Tech Coast Angels , as well as others.

Rubicon Project Sets IPO Range

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Los Angeles-based online advertising technology developer Rubicon Project set the pricing range for its initial public offering Thursday, saying that it hopes to offer 6,770,995 shares of its common stock at between $15.00 Rubicon Project is venture backed by Clearstone Ventures, News Corp.,

Sixgill Raises $6M For Proximity Sensing

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The startup also said the new funds will go towards sales, marketing, and accelerating product development at its new Los Angeles area office. Ressler was previously a venture investor at Clearstone Venture Partners.

Los Angeles: Founder Institute Introduction

SoCal Tech Calendar

Thursday, January 20, 2011 -- Los Angeles: Founder Institute Introduction. On Thursday evening, January 20th, the Founder Institute is hosting an informational event in Los Angeles at the offices of Clearstone Venture Partners. Anyone interested in becoming a world-class founder is invited to learn how the Institute can help. Learn about the program, meet other applicants, and ask any questions. See [link] (more

Los Angeles Tech Launched - Hot List

SoCal CTO

I'm happy to announce the launch of the Los Angeles Tech Content Community. The goal is to create a place where it's relatively easy to find current content and highly relevant content surrounding Los Angeles Technology. To be clear Los Angeles Tech is a jump off point. The bottom line is that Los Angeles Tech is trying to help find and navigate that content.

BetterWorks Taps Nicole Jordan For Communications Head

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Jordan is well known for her work promoting the Los Angeles technology industry, and has previously served at such firms as Clearstone Venture Partners, Rubicon Project, ThisNext.com, and others. Craig is a well known angel investor and entrepreneur, and the firm's other co-founders include Zao Yang, creator of the popular FarmVille social game.

Southern California Firms Get $694M In Q3 2012 Venture Funding

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In Los Angeles, near $324.2M In terms of venture capital, the most active investors in Southern California companies were the Pasadena Angels with 8 deals, Siemer Ventures (7 deals); Versant Ventures (5 deals); and GRP Partners (5 deals).

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General , Product/Technology SUBSCRIBE TO THIS FEED May 26th, 2010 Exit Alignment Exit Alignment | | POSTED BY: Tom McKaskill The last thing we want as Angel investors is reluctance on the part of the Founder and/or the management team to pursue an exit, and yet we seem to put little effort into ensuring we all want the same outcome. They need to see that their best personal outcome is achieved when a great exit is achieved for the Angels.

Founder Institute Expands To Los Angeles

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The Founder Institute , the business incubation and mentoring program started by TheFunded's Adeo Ressi , is expanding into the Los Angeles area, and is accepting applications for entrepreneurs for a Spring session, the group said late last week. The Los Angeles effort is being headed by Ken Rutkowski. The group said Monday it is running an information session at Clearstone Ventures Thursday evening. Tags: founder institute angeles incubation startup

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General , Product/Technology SUBSCRIBE TO THIS FEED May 26th, 2010 Exit Alignment Exit Alignment | | POSTED BY: Tom McKaskill The last thing we want as Angel investors is reluctance on the part of the Founder and/or the management team to pursue an exit, and yet we seem to put little effort into ensuring we all want the same outcome. They need to see that their best personal outcome is achieved when a great exit is achieved for the Angels.

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General , Product/Technology SUBSCRIBE TO THIS FEED May 26th, 2010 Exit Alignment Exit Alignment | | POSTED BY: Tom McKaskill The last thing we want as Angel investors is reluctance on the part of the Founder and/or the management team to pursue an exit, and yet we seem to put little effort into ensuring we all want the same outcome. They need to see that their best personal outcome is achieved when a great exit is achieved for the Angels.

Ask the Angels

Ask the Angels

VIEW/ADD COMMENTS (0) | POSTED IN General , Product/Technology SUBSCRIBE TO THIS FEED May 26th, 2010 Exit Alignment Exit Alignment | | POSTED BY: Tom McKaskill The last thing we want as Angel investors is reluctance on the part of the Founder and/or the management team to pursue an exit, and yet we seem to put little effort into ensuring we all want the same outcome. They need to see that their best personal outcome is achieved when a great exit is achieved for the Angels.

Do They Have a Great Rolodex, Connections and Advice?

Ask the Angels

Part IV of a Continuing Series on How to Select an Angel Group. Several months before Jason Calcanis’ crusade (or jihad—depending on your political affiliation) against for-profit angel groups, I wrote a post about evaluating angel groups and the criteria to use when seeking investment. Most angel groups have money, and one group’s money isn’t any greener than another’s. The first group includes angel investors who know the space they are investing in.

False Negatives and the Anti-Portfolio

Ask the Angels

Seeing last week’s Venture Capital Dispatch in the online Wall Street Journal, When Venture Capitalists Let One Slip Away , reminded me of Jim Armstrong’s (Clearstone Venture Partners) comment last year about false negatives. If you think VCs and Angels have had some of the biggest investment oversights, here are some of the bigger and more amusing ones from outside the VC community: “We don’t like their sound.

LaunchFEST Demo Night

SoCal Tech Calendar

Angel Launch, a new event for startups and investors, is producing a networking venture pitch, networking dinner and party the night before E3 Expo in LA for digital media, mobile and tech startups. Monday, June 4, 2012 -- aunchFEST Demo Night.

Geodelic Ships Application With T-Mobile

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in funding from Clearstone Venture Partners and Shasta Ventures. The company was incubated by Clearstone Ventures, which has been actively pulling together management teams and funding new startups in Los Angeles and elsewhere.

Rubicon Project Hails Growth, New Customers

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Los Angeles-based Rubicon Project says today that it is one of the "fastest growing ad technology companies in history". Rubicon is venture backed by Clearstone Venture Partners, IDG Ventures, Mayfield, News Corp.,

Xfire Raises $4M More

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Los Angeles-based Xfire , the online community and chat service for gamers, announced Thursday that it has raised $4M in a new funding round. The firm said the round was led by Intel Capital, and also included Tomorrow Ventures, William Quigley and Jim Armstrong of Clearstone Ventures, Kamran Pourzanjani of PriceGrabber, and MP3.com founder Michael Robertson.

Rubicon Project Taps Barnum As New COO, CFO

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Los Angeles-based Rubicon Project , the online advertising optimization technology provider headed by Frank Addante, said this morning that it has named Brian Barnum as its Chief Financial Officer and Chief Operating Officer, as well as appointed Mark Torres as Senior Vice President of People and Culture. The firm is venture backed by Clearstone Venture Partners, Mayfield Fund, IDG Ventures Asia, Comcast Ventures and News Corporation.

TONIGHT: Brock Pierce & GoCoin Host Oakland Mayoral Candidate, Bryan Parker

Tech Zulu Event

Tonight bitcoin evangelist Brock Pierce is introducing Oakland mayoral candidate Bryan Parker to the Los Angeles tech community during a fundraiser at the prestigious 41 Ocean Club in Santa Monica.

Value of *Certain* Angel Investors

The Quigley Report

Most of the companies Clearstone invests in have angel money. In the past few years, angels have become much more active than they were following the tech crash of 2000. As a VC, I divide angel investors into two buckets. The first group includes angel investors who know the space they are investing in. When a company comes to Clearstone with some money in the bank from smart in-the-know angels, we get interested quickly.

Hopscotch Raises $5M In Series B

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Los Angeles-based Hopscotch , the developer of a mobile app platform used heavily by colleges, sports teams, live events, and venues, has raised $5M in a Series B funding, the company announced on Wednesday. The funding came from Jackson Capital Management, Pittco Capital Partners, and Jim Armstrong, a venture capitalist at Clearstone Venture Partners and March Capital Partners.

Southern California Firms Gets $694M In Q3 2012 Venture Funding

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In Los Angeles, near $324.2M In terms of venture capital, the most active investors in Southern California companies were the Pasadena Angels with 8 deals, Siemer Ventures (7 deals); Versant Ventures (5 deals); and GRP Partners (5 deals).

TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. TechZulu is excited to invite you to the 2014 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. 28 from 7pm-10pm in Santa Monica.

Rubicon Project Bolsters Executive Ranks

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Los Angeles-based online advertising firm Rubicon Project is significantly boosting its executive ranks today, saying that it has named a new CTO, General Counsel, and SVP of Product Management to the firm. Rubicon Project is headed by serial entrepreneur Frank Addante, and venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund, along with others.