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Investment experience (5 years a VC at Battery Ventures). Operating experience (Helped run parts of CitySearch & UrbanSpoon, tons of product management experience, Board of Hatch Labs which helped spawn Tinder). Upfront VenturesVC Industry' But she also has the temperament, which is important.
West Hollywood-based Citysearch , the online local business guide owned by IAC, announced today that it has launched a new online advertising service for local businesses called CityGrid Complete. According to Citysearch, it made an investment in OrangeSoda to build the new service. READ MORE>>.
West Hollywood-based Citysearch , the local reviews and directory service of IAC, has taken an unusual approach to finding its next business idea: it's running a contest which asks its users to submit a "brilliant" idea for web and mobile applications. Tags: citysearch business contest idea venturecapital equity.
Because my role as a VC requires me to take and endless stream of meetings I long ago decided I need to learn as much as I can from the meetings I attend so I often just ask tons of questions and assimilate knowledge. When I think about what defines us as a VC I think: Operationally knowledgeable / strong startup competence.
A list of the top ten cities for startups was released by USA Today and the National VentureCapital Association today, naming both Los Angeles and San Diego among the best cities for startup companies. READ MORE>>.
She worked for 5 years as a VC at Battery Ventures and co-headed M&A at IAC working with Barry Diller. She took an operating role helping run Citysearch and Urbanspoon. Venturecapital is about backing the leaders of tomorrow who imagine the world as it should be and aren’t constrained by what it is today.
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.
Changes in the Software World & in VentureCapital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware. VentureCapital. And then the world changed. Changes in the Startup Ecosystem. We have invested $17.3
All of that are in this week’s episode of This Week in VC. So he founded … wait … CitySearch. Some IdeaLab successes / brand names aside from Overture & CitySearch? To say he has had an impact on the web would be an understatement. Summary notes, as always, provide below. Overture (Goto.com). Shopping.com.
Los Angeles-based venturecapital investor GRP Partners announced this morning that it has raised a fourth fund, worth $200M, and also renamed the firm Upfront Ventures. upfront ventures partners venturecapital fund startup msuster suster launchpadla' READ MORE>>.
MacFarlane is the former CEO of InsiderPages, which he sold to Citysearch in 2007. iChange has previously raised funding from business mentoring firm and incubator Momentum Ventures. iChange has previously raised funding from business mentoring firm and incubator Momentum Ventures. Source of the new funding was not disclosed.
I need to take some VC meetings. But it did take Brad as a public spokesman, consummate networker and successful VC to help create legitimacy to let David’s ideas flourish. When you think about the success that is Silicon Valley, the unfair advantage is not just the huge amounts of available venturecapital.
Sean Moriarty , formerly the CEO of Ticketmaster, and currently Entrepreneur in Residence for venturecapital firm Mayfield Fund, has joined the board of Los Angeles-based Triton Media Group. Moriarty has also served at Citysearch, and has been on the boards of Points.com and iLike.
It's also through venturecapital funds we talk with--there are no formal partnerships yet--but certainly referrals to their relationships. We work fairly closer with venture firms in New York, here in Southern California, and network in a number of different ways with companies. Mike and John found me through Idealab.
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. IA Ventures – Roger Ehrenberg was doing angel investing before he became a VC.
Upfront said Nortman has been a VC for more than 11 years. Moonfrye, Kara spent close to seven years at IAC where she was the SVP and General Manager of Urbanspoon and Citysearch; she also served at Morgan Stanley, Microsoft, and Battery Ventures.
And I certainly didn’t want him having to trapse up-and-down Sand Hill Road informing every VC of his next idea. They decided early to only book very high quality vendors so they build a system that could pull in Yelp & CitySearch reviews and they set the standard that it had to be highly rated.
I was on vacation in Santa Barbara two years ago with my wife and I was reflecting on what I had learned in my first year in LA and in VC. I though to myself, “too many young entrepreneurs in LA seem to feel pressured by NorCal VCs to move to the Bay Area. I hear it all the time.
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. But we have a great city for building technology companies.
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. What's your thoughts on the local venture market? Tags: mark suster interview venturecapital partners global retail grpvc.
The structure of Idealab has allowed us to test many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market. CitySearch, now a part of IAC, established the category of local online community directories.
VentureCapital: Upfront Ventures. Previously known as GRP Partners, Upfront Ventures has focused on early stage investments since 1996. Their roster of success includes numerous pioneering tech companies, many of which continue to be industry leaders today — Overture, BillMeLater, CitySearch, and more.
The city has, however, quietly been home to some of the most successful online companies to date, including CitySearch (sold to Ticketmaster for $260 million in 1998), Overture (acquired by Yahoo for $2 billion in 2003), eHarmony and LowerMyBills (bought by Experian for $330 million in 2005). And what happened in L.A. 10 years ago.
Southern California companies are second to only Silicon Valley in raising venturecapital , there are three major universities to recruit talent – UCLA, Caltech, and USC – and a thriving startup community to mingle with. Los Angeles offers a great deal, both in terms of business opportunities and lifestyle awesomeness.
And of course I’ve sat on the other side of the table: As a VC. This is not just the perspective of a VC although I can’t say I have zero VC bias. This is not just the perspective of a VC although I can’t say I have zero VC bias. Neither can any VC. Executive Summary. Why buy me?
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