article thumbnail

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. The patents Overture held became known in small circles as Google’s ’361 problem as outlined here.

article thumbnail

CallFire Bootstraps 50,000 Signups and Hires Former NetZero CEO

Tech Zulu Event

Company founders, led by Ravishanker, made the strategic choice early on to bypass venture capital. “Choosing to bootstrap over raising venture capital has forced us to build a profitable business,” he said. Burr also serves as advisor and Board member to several technology companies and venture capital firms.

article thumbnail

Interview with Cliff Rees, XCast Labs

socalTECH

round of funding from the Pasadena Angels and Frontera Capital for a voice-over-IP service, and we thought we'd talk with Cliff Rees, the firm's CEO, to understand how the firm is different from those many providers. Asterisk was not build with scalability in mind, and it was built by software engineers who don't know telecom.

IP 165