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Last year I was on Sand Hill Road in Silicon Valley meeting with one of the most prominent venturecapital firms in the country. The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. That’s convenience when your VC is hoping to write the next $20 million check.
ZestCash, founded by Douglas Merrill, former CIO of Google [Hollywood]. Idealab, led by Bill Gross, who founded Overture, CitySearch and MANY other business [Pasadena]. Think about venturecapital. Those that were around 30+ years ago never had to think about branding – there were hardly any other VCs.
Funding is different – In Silicon Valley you have mega venturecapital funds and many of them. We were also an investor in the early local listing company, CitySearch – an LA company. Douglas Merrill, the former CIO of Google, is building his next company in LA. Zorik Gordon is tearing it up at ReachLocal.
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