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Interview with Fouad ElNaggar, Redpoint Ventures

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Redpoint Ventures is one of the venture capital firms which has straddled both Northern California and Southern California, with offices in both locations. It would be interesting to hear about where your interests are nowdays, there was a rumor Redpoint had backed off activity here lately. People can come in and have a coffee.

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BetterWorks Shutting Down On May 31st

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According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. BetterWorks had raised $10M in funding from Redpoint Ventures. BetterWorks--and Paige Craig--have been one of the companies driving the growth in Santa Monica's Silicon Beach.

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Sonos: Our Time Is Now

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In an email to the company''s supporters and fans, Sonos , the developer of the easy-to-use, wireless whole home music systems, said that the company is looking to bring its vision--to fill every home with music and make listening a valued experience again--to the world via its Super Bowl ad , which debuted Sunday during the big game.

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Mission Ventures' Lee Departs For Stealth Startup

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Jeff Lee , a senior associate at San Diego- and Los Angeles-based Mission Ventures , has quietly left the firm to head up a newly founded, stealth startup, according to Lee's LinkedIn profiles and bounced emails to his Mission Ventures address. Lee was helping to provide Mission Ventures with coverage of the Los Angeles area.

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WebVisible Reports Big Hiring Plans

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WebVisible said the sales positions can pay up to $100,000, including salary and commissions, and that it is conducting preliminary phone interviews to applicants that email the firm their details and qualify for the positions. WebVisible is venture backed by Focus Ventures, Adams Street Partners, Redpoint Ventures and Sutter Hill Ventures.

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Three Epic Startup Battles With SoCal Players

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Backers: Charles River Ventures, Kinsey Hills Group, Redpoint Ventures. . Let us know in comments or email!). Backers: Rustic Canyon Partners, Scott Walcheck, Brett Brewer, Robin Richards, Matt Coffin. In the other corner: Scribd - Profile. Funding: $12.8M. HauteLook vs. Gilt Groupe. HauteLook - Profile.

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Topspin Rolls Out Music Marketing Software, To Some

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The firm said that it has commercially released its software, which helps artists generate demand from fans via direct marketing, social networking and other online channels, widgets, as well as email campaigns. The firm is backed by Redpoint Ventures and The Foundry Group, and its CEO is Ian Rogers, former GM of Yahoo Music.

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