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I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). This month we closed our 4th fund of $200 million.
This is especially true in LA, the second largest city in the country with a population if 16 million. We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves. Funding is different – In Silicon Valley you have mega venture capital funds and many of them.
A couple of years ago an entrepreneur had requested a meeting with me to present his business. So I ended up doing a dinner meeting because I know what it’s like when you travel to meet somebody about fund raising and might not get to have the meeting after all. Tags: Entrepreneur Advice Start-up Advice Startup Advice.
A couple of years ago an entrepreneur had requested a meeting with me to present his business. “As an entrepreneur myself I COMPLETELY understand that you wouldn’t pass up on the impromptu and opportunistic chance to meet somebody so important to your business. Basically, don’t be cavalier about rescheduling meetings.
not near the beach): Factual, founded by Gil Elbaz who built AdSense [CenturyCity]. But if you were going to start a venture capital fund today, you’d want to stand out. Of course if you’re already known you could put your name or location on your fund name. But consider the following: 1.
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