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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Investors: Matrix (Dana Stadler, who was the CTO of PayPal).

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Tuition.io Names New VP Of Engineering

socalTECH

Santa Monica-based Tuition.io , the startup which helps employers offer up student loan repayment assistance as part of their employee benefits, has named Bobby Wall as Vice President of Engineering at the company. Wall was previously co-founder and CTO of on-demand laundry startup Washio. Tuition.io Tuition.io

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Campus Steps Gets $3M

socalTECH

Santa Monica-based Campus Steps , a new startup aimed at college counseling, said this morning that it has raised $3M in a funding round. The funding included $2M in a strategic investment and $1M in a venture commitment, according to the company. Names of those investors were not announced. READ MORE>>.

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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Using its proprietary printing technology, Relativity says it can slash the time it takes to develop a rocket from design to launch by up to two years. Relativity Space chief technology officer Jordan Noone next to one of the company’s 3-D printers. space industry.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Investors own 25%, the founders own 75%.

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The most important person on the startup team

Berkonomics

accredited investors in 1,000 angel groups and venture capital funds to. Since Bill Hewlett joined with Dave Packard in 1939 to create what is today one of the world’s largest computer companies, there has been an evergreen debate as to who is more important in starting a tech company: the techie or the business guy?

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

Today I’m handing her the largest A-round check I’ve ever written as a VC as we lead her $10 million A-Round at uBeam. As I’ve written about recently, at Upfront Ventures we started talking a couple of years ago about wanting to fund stuff with more meaning. Was there consumer demand? No brainer.