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Tech Coast Angels: We Have Higher Returns Than Angel Averages

socalTECH

The TCA said, if a TCA member had participated in all of its 305 investments, with a $25,000 investment in each of the companies in those investments (a total investment of $7.7M), that member would have received $12M in cash liquidity, have taken $2M in tax deductible write-downs, and still have $4.1M in active investments.

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Interview with Tara Weingarten, VroomGirls

socalTECH

The other thing that struck me, is because it is only men, they tend to write with lots of testosterone. Their writing style, even for a mainstream publication, is they write with lots of testosterone. They write about the transmission, the brakes, and the suspension, and that creeps into all of their evaluations of cars.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”

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Interview with Jeff Zwelling, Convertro

socalTECH

Jeff Zwelling is the co-founder of Convertro (www.convertro.com), a Los Angeles company focused on helping companies track how their marketing efforts are leading to sales conversions. Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. There are lots of e-commerce companies.

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Interview with Mark Suster, GRP Partners

socalTECH

The company was founded by the head of the North America investments for Carrefour, the second largest retailer in the world, the head of the retail banking practice at DLJ, the investment bank. The new fund is focused entirely on technology companies. Those companies are doing phenomenally well, and in a normal market was IPO.

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

Silicon Beach Fest, created by Digital LA and presented by engage:BDR, is the first startup / entertainment fest in LA with programming by tech community team effort including companies (Digital LA, engage:BDR, StartEngine, TechZulu, PromoJam, PageWoo, venues (Hotel Erwin, Viceroy Hotel, Cross Campus, Coloft, CoWorks, Working Village, io/LA).

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

We were talking about a company, Factual (disclosure my firm is an investor), which was founded by one of LA’s most talented Internet entrepreneurs, Gil Elbaz , who as co-founder of Applied Semantics (purchased by pre-IPO Google for $102 million and now Google AdSense) is responsible for a large portion of the Internet’s monetization.