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IVP: We Love LA, So We Invested In Snapchat

socalTECH

Why did lead investor IVP invest in what most local investors shied away from? Among the reasons given in a blog post from IVP, defending its investment in Snapchat: the firm loves LA. snapchat venture capital investment valuation jamdat' READ MORE>>.

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Carbonated Games Finds $8.5M

socalTECH

The company says its founders are from Zynga, Electronic Arts and Blizzard, and that it was founded in 2015. Carbonated focuses on developing "highly competitive" games for mobile devices, which are more in line with the hard core games found on consoles and PCs, rather than the more usual casual gaming market. READ MORE>>.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

We are pleased to be supporting the continued development of Maestro as part of our ongoing investment in new technologies that provide artists with cutting-edge tools and solutions for growing their careers. “The third piece is a developer ecosystem,” Evans said.

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LA-based gaming studio Scopely raises $200 million at a $1.4 billion valuation

TechCrunch LA

Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue its run of six consecutive mobile games that will gross $100 million or more in lifetime revenue. The new investment follows Scopely’s milestone of achieving more than $1 billion in lifetime revenue.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

So then when I wanted to go into venture capital, they said, “You can’t do that, you need to be in EIR.” If you want to be the marketing person or you want to be perceived as a businessperson or a VC or technical person or whatever you want to be perceived, people will always define you.

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Frank Addantes FounderBlog: Elements of Sustainable Companies

Frank Addante

► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! ► August (3) Venture Capital - What's the rush? Cisco, Oracle, Apple, Electronic Arts and Atari. Zondigo, Inc.

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