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How Much Information Should you Give VCs for Due Diligence?

Both Sides of the Table

I often caution entrepreneurs about seeing too many VCs when you’re beginning your fund raising process both because information tends to leak and because if you see too many people who talk with each other you’ll soon have whispers amongst all of the VCs who “passed on you” and your deal will seem over-shopped and lacking in momentum.

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Stained Glass Labs Patners With Exitround, Unveils App Directory for Google Glass

Tech Zulu Event

Stained Glass Labs (SGL), the first Glass and wearable technologies accelerator has launched the world’s first comprehensive app directory and a self-service app publishing portal for Google Glass pre-launched applications. Comprehensive App Directory. SGL says the Comprehensive App Directory launched is a simple 2 step process.

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Time is the Enemy of All Deals

Both Sides of the Table

We moved into the legal process and final due diligence in January and February of 2000. Morgan Stanley then funded one of our competitors. Had I delayed my fund raising in 99/00 by even 3-4 weeks I’m convinced I would not have raised any money at all. I offered a second time to fund and even increased price a little bit.

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Congrats To The Spotlight: LA Tech Summer Presenting Companies at CalTech

Tech Zulu Event

For those who still might be wondering what Spotlight: LA Tech is all about, It’s a screening room for new technology homegrown in our region. It’s a gathering of friends and tech enthusiasts of all stripes. This Spotlight takes place Thursday, July 14, at The California Institute of Technology (CalTech). RSVP: AGENDA.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

It’s always fun debating companies with Dana because she’s always so knowledgeable on deals – particularly those in the digital media, ad-tech and eCommerce spaces. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC.

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Interview with Fariborz Maseeh, Maseeh Entrepreneurship Prize Competition

socalTECH

Fariborz Masseh: The idea of funding a business plan competition is not a new idea. The reason for that, is in my opinion, the majority of the innovations that have improved our nation in the past 150 years have been due to technology and engineering innovations. Now, I run a hedge fund and finance firm in Southern California.

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One Man’s Signal is Another Man’s Noise

Both Sides of the Table

Just look at what happened with Yuri & Ron funding the YC deals. I get company portfolio requests (review board packs, sign legal docs, help with fund raising, review a new candidates resume, help with press release, request for meeting to discuss topics, etc.). They don’t have market power.

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