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ZestCash Gets $19M For Lending Startup

socalTECH

Hollywood-based ZestCash , a startup offering up short-term, consumer loans online, has scored $19M in funding today, including $11M in a Series A equity round plus $8M in venture debt. The firm's founder and CEO is Douglas Merrill , the former CIO and VP of Engineering of Google. READ MORE>>.

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Want to Start a Technology Company in LA?

Both Sides of the Table

We will never be Silicon Valley in the way that Toronto will never be Hollywood. They not only have gotten bigger but they have an amazing track record of funding the biggest names in the sector: Cisco, Apple, Google, Facebook. LA produced Applied Semantics that created AdSense and was bought by Google. You don’t.

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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

The birthplace of sponsored search (Overture), semantic search (Applied Semantics which became Google AdSense), comparison shopping (ShopZilla, PriceGrabber) and many others. ZestCash, founded by Douglas Merrill, former CIO of Google [Hollywood]. An innovator in technology, especially monetization.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

We were talking about a company, Factual (disclosure my firm is an investor), which was founded by one of LA’s most talented Internet entrepreneurs, Gil Elbaz , who as co-founder of Applied Semantics (purchased by pre-IPO Google for $102 million and now Google AdSense) is responsible for a large portion of the Internet’s monetization.