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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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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services.

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LA's AET Fund Raises $50M For Entertainment Technology Investment

socalTECH

A new, Los Angeles venture capital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. AET Fund had said last year that it would be establishing its venture funding efforts in Los Angeles. investment efforts.

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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

America’s favorite reality star is leveling up her repertoire and levering up businesses. A longtime friend of the Kardashians, Sammons apparently approached Kardashian and her mom-ager, Kris Jenner, with the idea to start the business. Serena Williams’ next act in venture capital is essential in this moment.

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Warner Launches Startup Accelerator In Los Angeles

socalTECH

It looks like there's a new startup accelerator in town today: MediaCamp , an entertainment-focused startup acceleration program backed by Turner Broadcasting, a division of Warner Bros. Entertainment. According to Warner Bros., According to Warner Bros., According to Warner Bros., READ MORE>>.

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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future. Changes in the Software World & in Venture Capital. Changes in the Startup Ecosystem.

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Disney Launches New LA Startup Accelerator

socalTECH

Walt Disney Company said Wednesday that it is launching a new, Los Angeles based startup accelerator, focused on. startups looking to develop consumer entertainment experiences, called the Disney Accelerator. Disney is tapping the startup accelerator expertise of TechStars to operate the program. READ MORE>>.

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