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Redpoint's Fouad ElNaggar Departs Firm

socalTECH

In another switchup for venture capital firm Redpoint Ventures efforts in Southern California, Fouad ElNaggar , who had been covering Redpoint's investment efforts in Los Angeles, has departed the firm. ElNaggar said he "missed being an operator" despite describing his positoin at Redpoint as "a dream job."

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. Ginkgo Bioworks raises capital at a $4B valuation.

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Scripted.com, Backed By LA Investors, Finds $9M More

socalTECH

The new funding came from Crosslink Capital and Redpoint Ventures, and also included angels Gil Penchina, Auren Hoffman (LiveRamp) and Justin Moore (Axcient). The company now offers up a marketplace to find content--blog posts, white papers, tweets, Facebook posts, and more--from freelance writers. READ MORE>>.

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Interview with Robert Flynn, Aggregage

socalTECH

Los Angeles-based Aggregage (www.aggregage.com) is looking to help aggregate the content across multiple blog publishing sites, and curate that information into specific, B2B niche vertical web sites. He has been blogging on a number of subjects, for example, eLearning. Robert Flynn: I'm actually an LA native.

Startup 162
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The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

There simply are NOT enough venture capital firms in the Southern California. If there were more great companies coming out of LA then it would create more demand for high quality VC firms. But there are also less great companies in LA, BECAUSE there is less access to sophisticated capital.

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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

It’s always fun chatting with Jason because he’s knowledgeable about the market, quick on topics and pushes me to talk more about VC / entrepreneur issues. Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. I’d link to it but it’s behind a paywall.