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LA Times Vets Launch Ebyline, Gain Angel Funding

socalTECH

Los Angeles-based Ebyline said today that it has launched a new online marketplace targeted at news publishers and professional journalists, which helps publishers manage freelance writers. The firm said it is backed by un-named Los Angeles angel investors, and was founded by former Los Angeles Times journalists.

Angel 149
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Worlize Gets Funding For Social Gaming

socalTECH

Los Angeles-based Worlize , a new startup focused on social gaming and chat, said Wednesday that it has scored initial angel funding for the firm, and opened up a private beta. Financial terms of the funding were not disclosed. The firm said it expects to launch into public beta in the fall. READ MORE>>.

Funding 160
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Shamrock Capital Invests $25M In Video Licensing Firm

socalTECH

Los Angeles-based private equity firm Shamrock Capital has invested $25M in Thought Equity Motion , a provider of video footage licensing services, Thought Equity Motion said today. According to Thought Equity Motion, the funding will go towards technology, cloud storage, and ability to service global customers. READ MORE>>.

Invest 140
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Ebyline Signs Scripps TV, Adds Audio/Video

socalTECH

Los Angeles-based Ebyline , a startup which helps publishers find and manage freelancers, said today that it has added Scripps Television Station group as a customer, and the addition of audio/video capabilities to the service. Momary was at the Ventura County Star and LA Times; Narcisse had been at Paramount Pictures and the LA Times.

Paramount 140
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13 Red Flags To Avoid In Your Investor Funding Pitch

Startup Professionals Musings

The average valuation for Angel investments is about $2.5 Your credibility is paramount, so don’t jeopardize it with hype and too much passion. Declare a $10 million valuation with no revenue or customers. Equity investors are buying a chunk of your company at today’s value, not what you think it may be worth in five years.

Funding 98
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Interview with Tobi Bauckhage, Moviepilot

socalTECH

How do a bunch of German moviemakers end up in Los Angeles, running a site helping studios to market and promote their films via their venture backed startup? That's the story we got from Tobi Bauckhage , the co-founder and CEO of Moviepilot (www.moviepilot.com), a German firm which is setting up shop in Los Angeles.

Startup 164
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Interview with Brian McKelvey, Worlize

socalTECH

Earlier this month, Los Angeles-based startup Worlize (www.worlize.com) announced it had received a seed round of funding, and launched a firm to focus on social gaming and chat. Brian McKelvey: For the last ten years, I've worked in software engineering, ranging from building social viral games for Paramount, Lionsgate, and GSN.