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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

I’ve become fond of saying “if I had a dollar for every person who told me just how much they loooooved Kara Nortman, I’d have a 10x fund.” She took an operating role helping run Citysearch and Urbanspoon. For example, we’re now already well into our third growth fund that we started in 2015 (the first returned 2x cash in 3.5

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iChange Finds $500K More

socalTECH

El Segundo-based iChange , the online community site focused on nutrition counseling headed by Stuart MacFarlane, has raised another $500,000, as part of an ongoing $600,000 funding round, according to a regulatory filing by the firm today. Source of the new funding was not disclosed. READ MORE>>.

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How VCs Think About Adding New Partners

Both Sides of the Table

Operating experience (Helped run parts of CitySearch & UrbanSpoon, tons of product management experience, Board of Hatch Labs which helped spawn Tinder). Wonderful human being who is civically engaged, mother of 3, mentorer of younger founders, hard worker and arguer extraordinaire (so says her current Twitter bio).

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

He co-founded a prominent accelerator in Los Angeles called MuckerLab , that has produced a number of impressive companies and he mentored more than 20 of them. Natural mentors – a desire to help. So I began talking to him about joining the fund. This is exactly the brand that GRP Partners wants to embody. Approachable.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I acted as the occasional mentor, advisor and coach to Ethan. We generally have a policy to only fund entrepreneurs once the first version of a product has shipped or it near to shipping. So I asked Ethan to build his product first and then we would fund. The company was called Red Beacon. We like to be able to see the concept.

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Interview with Mark Suster, GRP Partners

socalTECH

GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. billion to Yahoo, we did CitySearch, we invested in the largest travel site in Europe, called LastMinute.com, and also CyberSource--a number of very early stage, Internet companies.

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Guide to the LA Startup Community

SoCal Delicious

Citysearch is an online guide that offers information and recommendations regarding local businesses including restaurants, shops, bars, hotels, and others. Mark founded Launchpad LA, a program designed to help mentor LA’s most promising first-time startup CEO’s. LowerMyBills, Inc. It was acquired by Experian in 2005 for $330M.

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