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Oversee.Net's Lawrence Ng Sets Up Startup Incubation Fund

socalTECH

Lawrence Ng , the co-founder of Oversee.net, said this morning that it has launched a new, startup fund called the OnRamp Fund , a $10M, international incubation fund that invests in early stage startups. Ng started Oversee.net in 2008, and he and his co-founders eventually sold the company to Oak Hill Capital for $150M.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

“Kobe was loved in Los Angeles,” wrote Mark Suster , managing partner of the Los Angeles-based venture capital firm Upfront Ventures , in a private message to TechCrunch. billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today.

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Early-stage investment firm Defy updates the venture partner model

TechCrunch LA

Vassallo and Sequeira prefer the term “sage” to describe the folks they’re looking to bring in to help mentor their companies. Through its twist on the venture partner model, which Defy is calling a “sage” program, the advisors get a bigger piece in the upside at a fund and individual deal level.

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The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

They started their company in LA but a couple of years after raising capital from Khosla Ventures in the Bay Area they ended up relocating there. A few years later they announced $150 million in a funding round at $1 billion+ valuation and are ramping up jobs to secure their market-leading position. Local capital matters.

Company 369