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Fortress Investment Group Sells Revolution Studios

L.A. Business Journal

Fortress Investment Group of Century City is selling Santa Monica-based Revolution Studios Distribution Co. two years after it acquired the production studio for a reported $250 million.

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Dreamscape Immersive Raises $30M

socalTECH

The funding included investments from Nickelodeon, Majid Al Futtaim, VRSense Solutions Limited, and Image Nation Abu Dhabi along with Bold Capital Partners, 21st Century Fox, and Warner Bros. The company said it is hoping top open up its first location at the Westfield Century City Mall sometime next year. READ MORE>>.

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Dreamscape Immersive Raises Series A Funding For VR Entertainment Centers

socalTECH

The funding was led by Bold Capital Partners, the investment firm run by Peter Diamandis, and also included Warner Bros., 21st Century Fox, Metro-Goldwyn-Mayer (MGM), IMAX Corporation, Westfield Corporation, and Steven Spielberg.

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5 Financial Strategies that will always beat your Competition

SoCal Tech Calendar

Tuesday, May 25, 2010 -- TechAmerica Century City Greater LA Finance Network Group Presents: 5 Financial Strategies that will always beat your Competition. 5 Invest in CPI 3.Improved 5 Financial Strategies that will always beat your competition: 1. If it costs 7 times more to find new clients than to keep existing ones 2.

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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

Second, we are announcing officially that we are moving our offices from Century City to Santa Monica. Like many modern VCs, we’re committed to investing in the community and in our portfolio companies. If you’ve been following the press about VC funds you’ll know this is no small feat. See what we did there?

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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

not near the beach): Factual, founded by Gil Elbaz who built AdSense [Century City]. You could argue that choosing the name “first round” paints them into a corner in case they want to ever do a late stage fund, but I suspect they named it FRC precisely because they wanted to excel at early-stage investing.

Startup 304
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Want to Start a Technology Company in LA?

Both Sides of the Table

LA generally doesn’t have an appetite for this kind of investment at early stages. My commute, for example, from Santa Monica to Century City is less than 15 minutes each way and I never have to take the freeway. LA investors are more pragmatic. Commuting - The freeways here are legendary for traffic.

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