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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? The most connected and high-potential founders start with wads of cash.

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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. 10 years ago we found ourselves trying to persuade LPs and VCs that it was worth spending more time getting to know the LA market and now the most common refrain that I hear from them is “there really is something going on in LA.”

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Theorycraft Games Finds $37.5M

socalTECH

Los Angeles- and Seattle-based Theorycraft Games, founded by veterans of Riot Games, has raised $37.5M in a funding round, according to the company. The funding was led by NetEase, and also included NEA, Bitkraft Ventures, Griffin Gaming Partners, Sisu Game Ventures, as well as angels.

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Battlefy Finds $1.3M

socalTECH

Battlefy , a startup developing an online platform for managing e-sports tournaments, leagues, and content--which is a graduate of the Amplify LA accelerator--said this week that it has raised $1.3M The company--now based in Vancouver, BC--helps organizers of professional video game tournaments and leagues.

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Delane Parnell’s plan to conquer amateur esports

TechCrunch LA

Los Angeles-based PlayVS (pronounced “play versus”) wants to become the dominant platform for amateur esports, starting at the high school level. I recently sat down with Founder & CEO Delane Parnell to talk about his company’s formation and growth strategy. Delane P. : And then two additional franchises.

Startup 204
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The Annenberg Foundation Seeks To Spur Philanthropy From LA's Tech Community

socalTECH

The Foundation said it already has been organizing roundtables and dinners with executives from tech companies like Snap, Riot Games, Mitu, Omaze, Headspace, as well as local venture capital firms, to help engage them with the nonprofit company and help educate them on issues facing Los Angeles.

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Reflections on 2018: Clinton Foy, CrossCut Ventures

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Here, we have the thoughts of Clinton Foy , General Partner and Managing Director of Crosscut Ventures (www.crosscut.vc).