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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Venture Capital funds: the different between “closed funds&# (which typically have a 10-year time horizon) and “evergreen funds&# which re-invest profits back into the fund. Paul talked about Neuhaus Partners, a 65 million Euro fund with the remit to invest in German-speaking countries. 406 Ventures.

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Interview with Dale Quayle, FileTrek

socalTECH

To address that, Los Angeles-based FileTrek (www.filetrek.com) announced a funding round for its cloud-based software for sharing enterprise and business files yesterday. We spoke with Dale Quayle , the firm's CEO, about the funding and company. Is this a mobile application, web service, or how does it work? What is FileTrek?

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Interview with Kelly Tompkins, AdventureLink

socalTECH

Last week, Altadena-based AdventureLink (www.adventurelink.com) announced that it raised a Series A funding round, for the firm's adventure travel reservation network. The round came from Anthem Venture Partners and the Mail Room Fund. I developed one of the first booking engines for Sabre's web reservation system, in 1996.

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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

He just pounded out design and code for a few weeks and got Plancast up on the web and users adopting his product right away. In Los Angeles we are at a disadvantage because the founder(s) often have no experience in building consumer web applications. It’s a chicken and egg problem.

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