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Why Meg Whitman is Betting on Quibi as“The Da Vinci Code of Content”

Both Sides of the Table

Sometimes that’s venture capital generally (like last year’s conversation with Reid Hoffman ) and sometimes it’s in a space where I’ve invested (like mobility and city innovation with Bird’s Travis VanderZanden , one of our portfolio founders.) Between the heavy hitters at the helm, the more than $1.4B They’re primarily thinking about 7 AM?—?7

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Luxury Travel Hackers Gets Seed Funding For Travel Technology

socalTECH

Santa Monica-based Luxury Travel Hackers said today that it has launched a new company, focused on helping the "mobile millennial" book "influencer-curated" trips via social media, with a seed funding. Managas of Centerfire Capital, LLC; Mangas apparently is the former CEO of Starwood Hotels & Resorts Worldwide.

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Moonshots Capital Announced First Seed Stage Fund

socalTECH

Los Angeles-based Moonshots Capital , the venture capital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.

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Jukin Media Gets Strategic Funding

socalTECH

Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. Jukin Media''s YouTube channels include viral video channels FailArmy, JukinVideo, and CutiesNFuzzies. Jukin Media was founded by Jonathan Skogmo.

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Variety 2012 Venture Capital and New Media Summit

SoCal Tech Calendar

Wednesday, June 27, 2012 -- 2012 Venture Capital and New Media Summit. Variety is pleased to announce the return of its Venture Capital and New Media Summit on June 27 at the Sofitel Hotel in Los Angeles. See [link] (more)

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Saban Capital Opens Office In Singapore

socalTECH

Los Angeles-based media and communications investor Saban Capital Group announced Thursday that it has opened up an office in Singapore. Saban''s technology holdings include mobile games firm The Playforge and kid''s online site Zui. The new office is headed by Sumeet Jaisinghani, who was previously in Hong Kong. READ MORE>>.

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Aviron Capital Acquires Stake In Kino Industries

socalTECH

Beverly Hills-based Aviron Capital , a consortium of financiers with primary backing from by private equity investor BlackRock, said this morning that it has acquired a "substantial equity stake" in Kino Industries , the developer of an interactive movie technology called CtrlMovie. Kino's co-CEOs are Chady Eli Mattar and Tobias Weber.