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Yammer Gets Top Prize At Tech Conference

socalTECH

Yammer, a Twitter-like spinout out of high profile Los Angeles genealogy firm Geni.com, has scored the top prize at the TechCrunch50 awards in San Francisco. Yammer offers instant messaging focused on internal corporate communications, and is the result of work by engineers at Geni. Geni is the online, Web 2.0-style

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Betterworks Raises $1.5M

socalTECH

Santa Monica-based BetterWorks , a stealth mode startup headed by well known angel investor Paige Craig, has raised around $1.5M in a funding round. The funding actually occurred in late December, over the holidays. The firm is a return to Craig's business-to-business roots. READ MORE>>.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I am taking the lead from GRP and we also invested alongside a number of friends including Dave McClure, Dave Tisch, Ben Smith (Merchant Circle), Brian Lee (ShoeDazzle, LegalZoom), Jason Calacanis, Evan Rifkin, Jennifer Lum, Jay Weintraub and a whole host of other angels. So I asked Ethan to build his product first and then we would fund.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC. Time will tell.

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Negative Customer Acquisition Costs - Creative Startup Marketing Ideas - Eric David Greenspan

SoCal CTO

A typical day starts with email, Facebook, LinkedIn, Twitter, and Yammer checks/updates. I frequently work on networking through the social web and building new relationships that will foster knowledge gathering or business growth. We need to spend some time discussing what you do with the social web. I consider it INVALUABLE!

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This Week in Venture Capital – Episode 3

Both Sides of the Table

I just cover the companies that were funded that week. Also, some of the deals I write about I have actually seen as part of their fund raising process. entrepreneur Wil Schroter (I am an angel investor in Affordit). And I know that great startups like Yammer are doing well. Others I have not. Enter Xobni.