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Q1 Seed Funding Deals Up From Last Year, Says Amplify LA

socalTECH

Seed stage investments in Los Angeles area startups was up, year-to-year, according to the Q1 2018 LA Seed Deal Report from investor Amplify LA. in seed funding in Q1, which was up 2.5 According to the report from Amplify, 23 LA startups raised a total of $52.9M percent from Q1 of 2017. READ MORE>>.

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Serious Business Get Funded For Internet Entertainment

socalTECH

A trio of United Talent Agency execs said Friday that they have launched a new, media company focused on the intersection of Internet and entertainment. According to Serious Business , it has raised a second round of seed funding from Brave New Ventures to fund the effort. Serious Business was founded by Jason U.

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Jared Leto, Scooter Braun and Troy Carter are backing Moment House, a startup recreating live events… digitally

TechCrunch LA

million in seed funding. The money came from heavy hitters in the Los Angeles entertainment and investment scene including Scooter Braun, Troy Carter, Kygo’s Palm Tree Crew and Jared Leto. Patreon chief executive Jack Conte and Sequoia Capital partner Jess Lee also participated in the round.

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Hollywood Insiders Back Social Shopping Site The Hunt

socalTECH

The Hunt says it is developing a community-driven, online shopping site, focused on making social media photos "shoppable". The Hunt says it is developing a community-driven, online shopping site, focused on making social media photos "shoppable".

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

Meanwhile, new venture-backed companies like the superstealthy Shadows, SuperPlastic and Toonstar are all developing virtual characters that will launch via social media channels like Snap and Instagram, or on their own platforms. version of this new breed of entertainer, the collective behind the account is far from the only one.

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Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers. “I have three kids ages 9, 7 and 4 and I’ve seen it there too in how they are consuming media. ” Applications to the incubator opened today and close November 17, 2018.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

Next she took to Instagram, a new social media platform that quickly became the most effective tool in a blogger’s toolkit. We are in phase three of the influencer economy,” Bain Capital Ventures senior principal Jamison Hill, who led the firm’s investment in the influencer shoutout marketplace Cameo , tells TechCrunch.

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