Venture Capital is About Human Capital

Both Sides of the Table

Most VCs did well academically and had enough career success that a venture firm was willing to give them an investment role or they were able to raise their own fund. Fundamentally venture capital is about human capital. Venture Capital is a people business.

Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

The flow of venture capital dollars invested into Los Angeles-area companies fell 16.3 percent from a high of $4.17 billion in 2015 to $3.49 billion last year, according to a report by Dow Jones Venture Source

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Silicon Beach Report Jan. 11: Venture Capital Investment to L.A. Region Falls Again

L.A. Business Journal

Venture capital investment to L.A. region falls again; Internet Brands to acquire lawyer search website Avvo; and SpaceX delays commercial crew test flights to latter half of 2018

TVC Capital Backs Celigo

socalTECH

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. A part of the funding, TVC Capital's Steven J. celigo capital venture software growth equity

Santa Barbara, San Diego Tops On Per-Capita Venture Capital

socalTECH

A new study released earlier this month has ranked the Santa Barbara-Santa Maria-Goleta metropolitan area, as well as the San Diego-Carlsbad-San Marcos metropolitan area among the top ten markets for venture capital activity. venture capital deals per 100,000 people.

Sommetrics Hires Financial Advisor For Capital Raise

socalTECH

San Diego-based Sommetrics , a developer of medical devices to treat sleep apnea, said today that it has hired investment advisor Key West Investments to help it raise additional capital. According to Sommetrics, the new capital will go towards supporting its development and commercialization of products to treat disorders of the upper airway such as obstructive sleep apnea and chronic snoring.

Correlation Ventures Raises $200M In New Investment Fund

socalTECH

Correlation Ventures , a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company's portfolio includes Virsto Software (acquired by VMware), InstaEDU (acquired by Chegg) and AirXpanders (IPO), and the firm says it has made investments in 121 companies total via its first fund, Correlation 1. technology investment fund capital venture ventures correlation

Core Innovation Capital Raises $71.5M for Financial Tech Investments

L.A. Business Journal

Core Innovation Capital of Hollywood, a financial services technology investor, has raised a second fund worth $71.5 million, according to a filing with the Securities and Exchange Commission

Is Your Startup Ready for Investment Capital?

Tech Zulu Event

Just as it’s not always what you know, but who you know, in the world of investment capital, the motto could read: it’s not what you’re doing, but who you are. The post Is Your Startup Ready for Investment Capital? You’ve identified a pain point.

Despite Low Crop Prices, Corporate and VC Agtech Investments Soar

Xconomy

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. Just 10 percent of corporate investments were made to build new technological capabilities, the report says.

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

socalTECH

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. crosscut ventures venture capital finance investment investorCrosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund. Crosscut has not yet filed regulatory details on the new fund.

LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Fund size: $400M (Fund VI) Managing Partners: Mark Suster, Yves Sisteron Partners: Greg Bettinelli, Kara Nortman, Kobie Fuller, Kevin Zhang Investment interests: Seed or A-Round investments with a median check size of $2.8 Core Innovation Capital. Moonshots Capital.

Seed-Stage Deals Show Growing Diversity of Agtech Investments

Xconomy

Fundraising is tough for startups but it’s particularly difficult in agriculture, a sector that has fewer firms focused on agtech investments. While the total dollars invested in 2016 decreased by nearly 30 percent year over year, the total number of deals increased by 10 percent.

Changes in the Venture Capital Funding Environment

Both Sides of the Table

There was an explosion in number of startups both because it was cheap and there was tons of available capital. Be thoughtful about from whom you raise capital.

Southern California Sees Boom In Venture Investments In Q4

socalTECH

Think there is a technology investment slowdown? billion invested in venture capital in Q4 of 2015, according to the latest numbers released over the weekend by PricewaterhouseCoopers and the National Venture Capital Association. billion invested in Q4 matched the $1.3 billion invested in the region in Q4 of 2014, and was only slightly less than the $1.46 billion invested in Q3, which typically has been the busiest investing quarter for the region.

Silicon Beach Report Jan. 12: Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

Venture capital investment in Los Angeles drops, Honest Co. recalls baby powder, Snap Inc. sued for alleged patent infringement, and more

Is Venture Capital A Path To Riches?

InfoChachkie

Currently, carry proceeds are taxed at the long-term capital gains rate of 20%. Will such a change cause some venture capitalists, especially the former operators who are new to investing, to exit the industry? The post Is Venture Capital A Path To Riches?

It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1.

TealTech Capital Gets $60M For Medtech Fund, Makes First Investment

socalTECH

San Diego-based TealTech Capital , a new, $60M venture investment fund backed by Torrey Pines Investment, has launched its new investment fund, and made its first investment. TealTech said today that it has made is first investment, in TealNet Mobile Medical Office (MMO) , a startup focused on point-of-care diagnostics and telemedicine. Size of the investment in TealNet MMO was not announced.

Western Digital Leads $33M Investment In Tegile Systems

socalTECH

and also included current investors Meritech Capital, Capricorn Investment Group, and Cross Creek Capital, bringing its total raised to $178M. enterprise strategic data array storage flash capital venture systems tegile digital westernIrvine-based Western Digital is the lead investor in a $33M funding round for flash storage array developer Tegile Systems this morning. Tegile says its big funding round was led by Western Digital Corp.,

Trace Gets Funding From Intel Capital

socalTECH

Los Angeles-based Trace , a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Intel Capital announced its investment in Trace on Thursday, as part of a larger announcement of investments of $60M in 15 technology startups. traceup trace intel capital snow tracking sensor speed video artificial intelligence venture sports

University of California Plans $250M Venture Capital Fund

socalTECH

Startups related to the many University of California campuses in Southern California may soon have a new source of funding: The University of California itself, via a new, $250M venture capital. fund investment capital venture ucsb ucla investor regent ucsd kitepharma finance

What I Learned In 2015: Jeb Spencer, TVC Capital

socalTECH

Today, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund which just raised a new fund, and has had some great success in the market. TVC Capital has also been a big supporter of socaltech over the years.

Finistere Plants Investment Seed in Ireland With $24M Agtech Fund

Xconomy

To that end, Kukutai’s venture capital firm, Finistere Ventures, is joining with the Ireland Strategic Investment Fund to launch a new 20 million euro ($24 million) fund that will invest in emerging agtech startups in Ireland. Ireland’s top agricultural exports are beef and dairy products.

Mucker Capital Raises $45M Fund, Mucker III

socalTECH

Los Angeles-based Mucker Capital said this week that it has closed on a new, $45M fund, Mucker III. Mucker Capital started fundraising for that new fund in May of last year. Mucker Capital got its start as MuckerLab, a startup accelerator, but has shifted more towards early stage investments, although it continues its accelerator efforts. mucker capital muckerlab venture investor accelerator

Silicon Valley Investor Lowercase Capital Names LA Chief

socalTECH

The latest, Silicon Valley venture capital investor trying to get into the Los Angeles technology market, Lowercase Capital , has decided to tap a former Creative Artist Agency executive to head up its efforts here.

Dubset Gets Strategic Investment From Rhapsody

socalTECH

musician rhapsody content music hollywood capital venture investment strategic holdings media dubset Dubset Media Holdings , a developer of technology used to help DJs monetize their music, and helps identify music for music rights holders--which has offices in Beverly Hills--has scored a strategic round of funding from Rhapsody International. Size of the funding was not announced. Dubset is led by Bob Barbiere, and has offices in New York, London, and Beverly Hills. READ MORE>>.

Mucker Capital closes on $45 million for an early-stage LA-based fund

TechCrunch LA

Santa Monica-based Mucker Capital has raised $45 million for its third fund, Mucker III. The Silicon Beach firm said that it will continue to invest in software and services startups and continue to focus on the greater Los Angeles area.

Angel 50

Southern California Venture Investments Top $1.3 Billion In Q4

socalTECH

Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomson Reuters. in investments in San Diego.

What Do LPs Think of the Venture Capital Markets for 2016?

Both Sides of the Table

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. LPs Still Believe Strongly in Venture Capital as a Diverse Source of Returns.

Some Reflections on VC Investment Decisions

Both Sides of the Table

I was having dinner with a friend last night and we were chatting about venture capital and a bit about what I’ve learned. I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). But they are also a tax on your time with portfolio companies, looking for new investments, running your shop and honestly they are a tax on your family life.

Invest 101

Why 2017 Should be a Great Year to Raise Venture Capital

Both Sides of the Table

Recently Upfront Ventures published its outlook for the technology startup world and venture capital overall titled it “ WTF Happened to Winter ?” venture-capital startup

UTA Targets Early Stage Investments With New Hire

socalTECH

According to the United Talent Agency, it has hired Robyn Ward as part of its Digital Media practice, to work closely with its existing portfolio of early stage companies and help identify new investment, incubation and representation opportunities.