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Interview with Mark Suster, GRP Partners

socalTECH

This morning's interview is with Mark Suster , a venture capitalist at GRP Partners (www.grpvc.com). GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. So we're focused on technology, and financial services.

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Ad.ly, Diversifying From Twitter, Looks To Facebook

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Los Angeles-based Ad.ly , the Twitter advertising startup, is further looking to diversify its service from Twitter, saying this week that it has added support for Facebook. Twitter has rolled out its own mobile applications in competition with third party Twitter clients; its own link shortener; and its own advertising service.

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Twitter Takes Aim At Ad.ly, Bans In-Stream Ads

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Micro-messaging service Twitter said this morning that it is banning third-party advertising in its stream, taking direct aim at Los Angeles-based Twitter advertising service Ad.ly. is backed by GRP Partners, Greycroft Ventures, and LowerMyBills founder Matt Coffin.

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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). In the same year they won Business Insider’s Startup competition. Let me not bury the lede. The company was called Red Beacon.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Booyah – Develops a location based service platform that pairs the virtual world with mobile gaming. SimpleGeo – Provider of simple, turnkey location based services to content publishers and online service providers looking to location-enable their applications or services. Competition: McAfee , Symantec.

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Changes in Software & Venture Capital – Part 2 of 3

Both Sides of the Table

Open cloud led by Amazon with their AWS services drove total operating costs down by 90%. With new micro VC entrants into to early-stage investing plus increased competition from angels, incubators and the like – traditional VCs have taken notice. This led to an explosion in startups. The Blurring of Investment Lines.

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A Conversation with Ben Satterfield, Burstly

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Burstly is headed by Evan Rifkin, and backed by GRP Partners, Rincon Venture Partners, SoftBank Capital, and Founder Collective. The way we go about that is different than the competition. No one else has really thought of that, and has those services. Burstly is located in Santa Monica. What is Burstly?

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