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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. Last year, the investment firm expanded with a $1.7

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Early-stage investment firm Defy updates the venture partner model

TechCrunch LA

Defy , the early-stage venture investment firm founded by Neil Sequeira and Trae Vassallo, is putting a new twist on the venture partner model as it brings Brian Lee and Sujal Patel on board to help out with investing and guiding companies in the firm’s portfolio. Just don’t call them venture partners. million round.

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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. The company said one of its first investments is bridal retailer SimplyBridal. READ MORE>>.

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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. Local capital matters. Local mentors matter. I think government and community members need to understand that capital formation is an incredibly important part of economic revival.

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