Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. On the one hand, you’re over paying for every investment and valuations aren’t rational. dot-com bonanza. The legends of Silicon Valley?—?two

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

JANUARY 20, 2015

Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.

SpaceX 100

SpaceX Google Draper Hawthorne 100

socalTECH

JULY 23, 2019

El Segundo-based ABL Space Systems , which is developing small rocket launch vehicles, has received a strategic investment from Lockheed Martin Ventures, the company announced this morning. Size of the investment was not announced. The company is hoping to launch its first rocket sometime in 2020. READ MORE>>.

El Segundo 113

El Segundo SpaceX Funding Invest 113

TechCrunch LA

MARCH 25, 2021

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. We’re going to show them a set of companies that they would not have seen from any [other] VC fund,” said Fenty.

Venture Capital 225

Venture Capital Capital Los Angeles Invest 225

socalTECH

APRIL 26, 2016

A new, microsatellite launch firm--founded by veterans of SpaceX--said today that it has raised more than $1M to launch the startup. Vector Space Systems led by former SpaceX executive Jim Cantrell, said it raised $1M in an angel funding to develop a mirosatellite launch company. READ MORE>>.

SpaceX 100

SpaceX Los Angeles Funding Angel 100

socalTECH

AUGUST 12, 2019

Vector Launch , a small satellite launch firm founded in Huntington Beach by ex-SpaceX employees, has "suspended operations" and lost its CEO, as part of what the company called a "major change in financing". The company--now headquartered in Tucson, Arizona--had been developing small satellite launch rockets. READ MORE>>.

SpaceX 113

SpaceX Invest Funding Develop 113

Both Sides of the Table

FEBRUARY 15, 2017

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Candidly all three were on our short list of VCs that we secretly wanted to poach (seriously, they were!)

Dollar Shave Club 321

Dollar Shave Club Cornerstone OnDemand Riot Games Venture Capital 321

socalTECH

MAY 29, 2015

more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. According to a regulatory filing, the latest funding round had its first funds committed in February, and so far has 35 investors. billion).

Snapchat 100

Snapchat Southern California Funding Venice 100

Tech.Co

DECEMBER 29, 2023

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5 Organic milk formula product Bobbie.

Startup 210

Startup Generative AI Newsletter Tool 210

socalTECH

APRIL 30, 2018

Los Angeles-based NI0 , a new startup in the sports and nutrition vertical, is gearing up for launch, backed by $500,000 in seed funding from a number of tech investors. NI0 is led by Braven Greenelsh, and says it is currently in another seed funding effort. Riot Games). READ MORE>>.

Riot Games 140

Riot Games Seed Funding OCTANE Training 140

socalTECH

MARCH 5, 2014

Add another, Southern California company to the exclusive list of billion-dollar plus startups here. Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 Auction.com joins SpaceX, Snapchat, and Beats Electronics in the short list of $1 billion plus valuation, venture backed startups here.

Southern California 154

Southern California SoCal Snapchat Startup 154

TechCrunch LA

OCTOBER 22, 2018

Demographics at funds and startups will also be under the microscope, since signatories have agreed to report on their composition by race, gender, age, sexual orientation, disability status, immigration status, veteran status, educational attainment, socioeconomic origin, tenure at a firm. for technology investment and corporate development.

Los Angeles 249

Los Angeles Angel Entrepreneur Orange County 249

socalTECH

APRIL 17, 2015

billion in investments in Q1 of 2015, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association. MoneyTree report, which was released this evening, The quarter was the biggest, investment quarter for Southern California since the dot com era. invested in SmartDrive Systems. READ MORE>>.

Southern California 100

Southern California Orange County SpaceX Statistics 100

TechCrunch LA

FEBRUARY 3, 2021

“As I begin this new role, my goal is to continue to leverage my experience to help generate opportunities for future Techstars LA companies to make meaningful, long-term impact.” base of operations and SpaceX’s significant presence has born a number of talented hardware and engineering startups.

Los Angeles 191

Los Angeles Angel Southern California Social Media 191

TechCrunch LA

OCTOBER 1, 2019

The new financing will give Relativity the cash to fully build its “Stargate” factory, a semi-autonomous, full-scale production facility that will house the company’s massive 3-D printers and produce its first rocket, the Terran 1. space industry.

Chief Technology Officer 168

Chief Technology Officer SpaceX Los Angeles Venture Capital 168

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

Santa Monica 256

Santa Monica Funding Startup Course 256

socalTECH

MARCH 26, 2014

The list has been short on local investors for the last few years , even as many Southern California companies have helped place other, Silicon Valley venture capitalists high up on the investor ranking. Despite the cold shoulder to local investors, a number of investors on the list did have companies here to thank for their position.

Southern California 159

Southern California Cornerstone OnDemand SoCal San Diego 159

socalTECH

DECEMBER 27, 2018

What was the biggest news for your company in 2018? When I first joined Crosscut Ventures five years ago, the firm had $20 million under management and was just starting to invest out of its second fund. We now have $250 million under management, are investing out of our fourth fund and have made more than 80 investments.

Riot Games 133

Riot Games Southern California Startup Santa Monica 133

Startup Professionals Musings

DECEMBER 30, 2022

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Invest in communication skills and use all platforms.

Technical Review 101

Technical Review Metrics Resource Software Review 101

InfoChachkie

SEPTEMBER 27, 2018

MBA programs don’t teach people how to create companies … our position is that we hire someone in spite of an MBA, not because of one.” ” – Elon Musk, Founder Tesla Motors and SpaceX. Their venture fund will focus on startups founded by Wharton, Stanford and Harvard students and alumni.

Entrepreneur 113

Entrepreneur Allegis Startup Competition 113

Tech.Co

OCTOBER 26, 2017

Since 2013, when Elon Musk released his white paper for an emerging mode of transportation using low air pressure within a tube, companies around the world have answered the call to build the next generation of futuristic transportation. million in Series A financing from Sherpa Capital along with three other funds.

SpaceX 100

SpaceX Design Technology Competition 100

Both Sides of the Table

OCTOBER 8, 2014

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

NOVEMBER 5, 2014

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. Working at a big company is honorable and I don’t believe the narrative that all of this tech disruption is to kill off big companies. Now they are partners.

Technical Review 417

Technical Review Startup Software Review Course 417

Startup Professionals Musings

OCTOBER 21, 2019

He outlines the attributes of the “entrepreneurs” or intrapreneurs in your organization, and how to lead them to make your company an innovator: Love to explore novel approaches and solutions. In every company, there are a few people who don’t like to follow the accepted way of doing things. Kaihan Krippendorff.

IBM 53

IBM IBM Java Google 53

Startup Professionals Musings

AUGUST 27, 2018

Other champions of innovation, including Elon Musk with SpaceX and Hyperloop, always seem to be building future opportunities from trends and technology turns. Too many companies try to force a sense of employee urgency through deadlines and performance goals. Allocate funds for intrapreneurship and acquisitions.

Metrics 58

Metrics IBM IBM Competition 58

Tech Zulu Event

MAY 12, 2014

Joining him on the panel was Kimbal Musk, CEO of The Kitchen Community and co-founder of PayPal and SpaceX. According to Adam Nordin, Global Head of Education Services and Technology of Barclays Capital, “More and investments are being raised for education technology, it has now finally become mainstream.”

Conference 88

Conference Technical Review Education Startup 88

Both Sides of the Table

MARCH 6, 2017

It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. But this post is about the broader context of LA. And this is true. LA has only just begun.

Riot Games 191

Riot Games Los Angeles Technical Review Venture Capital 191

Both Sides of the Table

MAY 17, 2017

You begin to think about how hard it will be to fund raise, sign customers, hire employees, etc. Yesterday a company that Upfront backed since its earliest days, Ring, announced that it won’t be bullied by the industry giant ADT who has filed a baseless lawsuit against the company to try and impede our progress.

Riot Games 254

Riot Games Pricing Startup Venture Capital 254