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MaC Venture Capital Launches $103M Seed Fund

socalTECH

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

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Human Capital: Moving away from ‘master/slave’ terminology

TechCrunch LA

Welcome back to Human Capital, where we explore some of the latest news in labor, diversity and inclusion in tech. Human Capital will soon be available as a weekly newsletter. Human Capital will soon be available as a weekly newsletter. But GitHub is by no means the first company to consider and make these changes.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Let’s set up a framework. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

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FrameWorks Workshop: Valuation

SoCal Tech Calendar

This workshop will help you develop a strategy to optimize company growth and liquidity, maximize valuation and capitalize on strategic transactions. Valuation methodologies can be used to optimize transaction outcomes for both buyers and sellers in MandA and other transactions. See [link] (more)

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

When I meet other VCs I’m constantly asking how they decide which investments to make, when to pass, when to do follow-on rounds, when to sell a company vs. when to go long, etc. Draw from Frameworks. The most helpful type of advice in my mind are frameworks for how to solve a problem. For example: 1.

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Mythical Games raises $75M to build an NFT game engine

TechCrunch LA

The company has been building a title called Blankos Block Party that seems to be Fall Guys meets Roblox meets Funko Pop. While the company has big hopes for Blankos as it onboards more users, the bigger investor opportunity is likely in the game engine that the team is building. The startup has raised a whopping $120 million to date.

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Qualcomm Backs MapR's Hadoop Technology

socalTECH

San Diego-based Qualcomm Ventures , the venture capital arm of Qualcomm, has put its funding behind MapR , the company behind the big data software framework called Hadoop. MapR said today that it has raised $110M in a giant funding round, which was led by Google Capital, and also included Qualcomm Ventures. READ MORE>>.

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