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Clearstone's Sumant Mandal On Exits, Opportunities

socalTECH

Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio. It's not a revenue multiple sale. EMC said--Kazeon is the most profitable part of the sale, so I want to own it. Sumant Mandal: First of all, you know our heritage is as an incubator.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

But more importantly we talked in the video about fund raising and how Scott has become so efficient at it. Company plans to use the capital to build out sales and marketing and r&d. -a Incubated by Clearstone Ventures in 2008. Used by hedge funds, the intelligence community and multiple government agencies.

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TechZulu Recaps: The Annual Startup Forecast

Tech Zulu Event

Speakers listed: Brock Pierce – Digital currency pioneer investing in Bitcoin, games, and online gambling businesses; Clearstone Global Gaming Fund. Richard Wolpert – Managing Director of Amplify.LA, startup incubator and Venture Advisor at Accel Partners.

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