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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.

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Insights and Opinions: What's Ahead for SoCal Startups?

socalTECH

For today's Insights and Opinions Section , Rob Freelen, Los Angeles Marketing Manager for Silicon Valley Bank, talks about the startup outlook for 2019. Market swings, geopolitical tensions and shifting trends always have the potential to throw us off course. Predicting what 2019 will hold for the SoCal innovation economy is risky.

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Another Major Win for LA Tech

Both Sides of the Table

But one tech news story stood out for me — the fact that LA-based Dollar Shave Club (DSC) was sold to Unilever for $1 billion. So of course I would love to have been an investor in DSC. But mostly I’m just happy for Michael, his team, for Science and for the continued success of the Los Angeles startup community.

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

The story are the early investors who had foresight to back them — Lightspeed, Benchmark, IVP, SV Angel, General Catalyst, etc. Of course that was a wrong narrative for both companies. But of course we all need the space to be young, to experiment, to do stupid things and not to have it define our entire future. Mostly kidding.

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Tx Zhuo On LA's Newest Venture Fund, Fika Ventures

socalTECH

What are you applying to this new fund from what you've learned investing in Los Angeles over the last few years? Tx Zhuo: There's more excitement around technology in Los Angeles in the last few years. Tx Zhuo: We've made three investments out of the fund so far, two in Los Angeles, and one in San Francisco.

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More Great News for #LATech – Crosscut Ventures Raises $75 Million Fund

Both Sides of the Table

Crosscut Ventures has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW. This week Michael Dubin’s startup Dollar Shave Club announced a $75 million funding round at a rumored $650 million valuation. LA has grown up a lot over the past 5 years.

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