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This Week in VC with Farb Nivi, Founder of Grockit

Both Sides of the Table

Current round: $3mm in Series B by betaworks (lead)(largest investor in company), Ron Conway, Danny Rimer, Accelerator Group, Roger Ehrenberg, Howard Lindzon. Discussion: Had a long chat about PicClick , a company founded by Ryan Sit in San Diego. Company still in beta. Competition: Apple iPhone App Store Genius.

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Vator Makes A Splash In LA!

Tech Zulu Event

If have a company and are interested in being part of this event there is still time for you to enter the competition. Go here to enter your company. Not ready to submit your company or just want to take part of this event? You still have 2 days left! The TZ Hookups. TechZulu is hooking you up with a special discount!

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Interview with Derrick Oien, Intercasting

socalTECH

We seem to receive lots of pitches from companies looking to attack the mobile market with their mobile software applications, but few who have deployed on-deck with carriers. Derrick Oien: We have a platform we develop, called ANTHEM. But, with Intercasting and our ANTHEM version of MySpace, it's a client integrated into the device.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Current round: $5.0mm in Series A by NEA and Anthem Venture Partners. Maintains a “Trusted Directory” of TRUSTe certified companies. Software Helps companies rapidly convert unstructured online data and content into structured data assets that can be used to create new products, revenue Streams, and enhance current online data sets.

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Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

Investment capital shortens the time it takes to build a business and can give a company much needed credibility and even publicity, however, a founder should carefully weigh these seven considerations before bringing on outside investors. What is the company’s use of proceeds? What is your exit strategy?

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Interview with Ramit Varma, Revolution Prep

socalTECH

The company provides SAT, ACT, and other similar test preparation courses and related software. To hear about the company, we spoke with Ramit Varma , co-founder of the company. It was us, funding ourselves from credit cards, literally, to a company that is now on par with Kaplan and Princeton Review.