Remove Angel Remove Mobile Remove Seed Funding Remove Snapchat
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Disney Accelerator Shows Off First Class Of Startups

socalTECH

The Disney Accelerator said that Smart Toy was acquired by Los Angeles-based children''s product firm Cartwheel Kids, and that SnowShoe raised $2.2M in its seed funding round. disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' READ MORE>>.

Class 185
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Chatter Set To Launch App For Celebrity Chats For Charity

socalTECH

Los Angeles-based mobile app startup Chatter said today that it is about to launch an app, which will let fans hold one-on-one, five minute chats with their favorite stars--and, at the same time, help raise money for charities. The company says it has raised seed funding from Innovation Factory. READ MORE>>.

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The Changing Structure of the VC Industry

Both Sides of the Table

Always-on connectivity of mobile (164m US smartphone users). Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). Where are we today?

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

” Los Angeles-based Brud is by far the most established of this new breed in the U.S. (at “We saw the impact that the rise of mobile was having on linear. “We looked at mobile and we saw the massive animation gap. at least in terms of the amount of money it has raised). ”