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GRP Partners Raises New $200M Fund, Becomes Upfront Ventures

socalTECH

Los Angeles-based venture capital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. GRP has been quite active in the local technology industry, having founded accelerator LaunchpadLA. READ MORE>>.

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Privlo Raises $2.1M For Private Mortgage Marketplace

socalTECH

In some what-did-our-spam filter eat-recently funding news, Santa Monica-based Privlo recently raised $2.1M in a seed funding round, for its online marketplace for private mortgage loans. Privlo, which was founded by Michael Slavin, said the new funding came from QED Ventures. READ MORE>>.

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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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Want to Start a Technology Company in LA?

Both Sides of the Table

And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. But we have a great city for building technology companies. Funding is different – In Silicon Valley you have mega venture capital funds and many of them. You don’t.

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

After that you could tell that Greg was really “all in” on the LA technology community. So I began talking to him about joining the fund. It was perfect timing since in 2012 GRP raised its fourth fund bringing our total assets managed to nearly $1 billion. Community builders. Open & transparent. Approachable.

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Interview with Scot Richardson, Laughstub

socalTECH

Their fees are too high to put on a $15 ticket, and you don't need to pay for the technology to handle 30,000 people simultaneously trying to get assigned seats. Because of that, we saw problems in the industry, because the technology was not there to succeed. How did you get into the technology business?

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Interview with Michael Barton, Startup Exchange

socalTECH

One company, Startup Exchange (www.startupexchange.com) is taking an interesting angle on the problem, with a financial fund which allows startup founders to put some of their stock into a pool of other companies--providing them with more opportunities for some liquidity, and a little bit of diversification. What is Startup Exchange?