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Fliptu Gets $1.2M For Social Aggregation Tools

socalTECH

Los Angeles-based Fliptu , the developer of social aggregation tools for music and entertainment brands, has raised $1.2M The startup--led by Jeremy Gocke--said the funding came from Scout Ventures, Rick Dalzell (former Amazon CIO), Rich Heise (early Groupon investor), Hivers & Strivers, Kelly Perdew, and other angels. READ MORE>>.

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Want to Start a Technology Company in LA?

Both Sides of the Table

It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. But ultimately we’re on the Internet to communicate, buy stuff, become informed and be entertained. LA investors are more pragmatic.

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