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Silicon Beach Report Nov. 27: Snapchat Launches Augmented Reality Product Placement

L.A. Business Journal

Snapchat launches augmented reality product placement; Hulu exec departs to launch virtual reality investment fund and human beats NASA’s JPL artificial-intelligent controlled drone in race.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

The group occupies some familiar spaces for past investments, with a focus on niche social communities, mobile media tools and augmented reality. Snap investment Hardworkers. TRASH : an app for quickly editing social video cuts using machine learning. Yellow investment SketchAR.

Invest 237
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Silicon Beach Report March 14: Rubicon Project CEO Steps Down Following Rough Year

L.A. Business Journal

Rubicon Project chief executive steps down following rough year, Softbank invests in artificial intelligence startup Oben, and Vice Media to produce original Snapchat shows.

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Interview With Jamie Montgomery, March Capital Partners On The Firm's New Fund

socalTECH

We did our first close in the summer of 2014, and over the first nine months we raised our fund and started investing. Fund I was fully deployed by June 30th of 2017, and we went out to raised Fund II, which was a wet close, where you invest as you close. Those investments have really broken out. They're all big winners.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

“The way I look at it… a lot of it is going to be like any kind of content studio,” says Peter Rojas, a partner at the New York investment firm Betaworks Ventures. Flinn got exposure to the virtual media world while at Rothenberg Ventures, the now defunct fund that invested in virtual reality and augmented reality.

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Interview with Derek Norton, Watertower Ventures

socalTECH

We are going to write checks of between $100,000 and $500,000, and we are going to invest in what we are calling first institutional capital. Where are you planning making investments? Derek Norton: We're investing in Los Angeles, the Bay Area, and New York. Our investment thesis we refer to as the connected consumer.

Invest 145
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Interview with Scott Grimes, Stackin

socalTECH

in a funding round led by Octopus Ventures, and also which also included Experian Ventures, Cherry Tree Investments, Dig Ventures, Mucker Capital, Unlock Venture Partners, TechStars and Wavemaker Partners. We also work with high yield savings and investment, and also have an investment partnership. Stackin recentlyraised $12.6M

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