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Why I Invested in Gogii (textPlus) – My First Ever Later Stage Deal

Both Sides of the Table

I invested in LA-based Gogii , one of the fastest growing, most exciting mobile social networking companies you’ve never heard of and maker of a product called textPlus. But who exactly is Gogii, what is textPlus and why are they so exciting if I’ve never heard of them? You fish where your customers are.

Gogii 310
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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Even though their business model was tweaked a little while ago to give customers additional leniency, the business is still expecting to break $100 million in revenue this year, up from $25 million in 2010. Given Goldenberg’s Internet marketing prowess, I’m sure JustFab will continue to shape online retail for years to come.

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Interview with Matthew Graczyk, Zubican

socalTECH

There are lots of solutions for consumers and B2C sellers, but the B2B market has largely been neglected. It's crazy--the market is twice the size of the consumer market--consumers spend around 9 trillion dollars a year in the U.S.--but He's now at Gogii, which has received investment from Kleiner.

SEO 100
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

If you are talented, of course, you can get funded in any region with enough venture capital and obviously in markets outside of the Valley it is easier to get noticed and get access. Every developer, biz dev person, marketeer or sales rep on your team will be surrounded by scores of companies calling them like Sirens to switch teams.