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Silicon Valley VC's New LPs: Hollywood?

socalTECH

Looking for some funding for your new Menlo Park venture capital fund? Apparently, according to Variety, that source is increasingly Hollywood , and its stars and executives. The article did not quantify how much Hollywood money is going to technology venture capital and private equity. Image courtesy of Bigstock.

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West Hollywood Vacation Rental Outfit Raises $5 Million

L.A. Business Journal

AvantStay, a West Hollywood-based hospitality firm that provides short-term vacation rentals to groups, announced Dec. 19 it received $5 million in a round led by Menlo park investment firm Bullpen Capital.

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New Fund Targets Celebrities, Hollywood

socalTECH

It seems like combining Hollywood and venture capital is the rage in Silicon Valley this week, as news came Tuesday of a new, seed-stage venture capital fund--run by former Mashable blogger Ben Parr--looking to raise money from Hollywood celebrities for access to hot, Silicon Valley Startups. READ MORE>>.

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Report: Dominate Fund Retreats From Hollywood

socalTECH

An effort to raise an investment fund from Hollywood, to specifically invest in technology companies, looks to have pulled back its effort to court celebrities and actors, according to a report this week. financial investment celebrity capital venture hollywood fund dominate' READ MORE>>.

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Hollywood Insiders Back Social Shopping Site The Hunt

socalTECH

In a turn from the usual formula of Silicon Valley investors backing a Hollywood, celebrity-driven startup, a Silicon Valley startup has scored the backing of a group of Hollywood insiders. thehunt online shopping fashion hollywood ecommerce visual photo social venture capital' READ MORE>>.

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This Week in Venture Capital – Episode 2

Both Sides of the Table

I was on This Week in Venture Capital (TWiVC) again this week with Jason Calacanis. mm in Series A; IdealLab ( Bill Gross ), Index Ventures ( Danny Rimer ), Revolution LLC ( Steve Case ), First Round Capital , BetaWorks , Jason Calcanis. Tags: This Week in Venture Capital VC Industry. He’ll discover the value.

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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty. Image Credit: MaC Venture Capital.