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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment Two: “Deal of the Week”. LivingSocial.

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Twiistup 6 Highlights

Both Sides of the Table

I believe that Twiistup is now a platform from which to grow and highlight what is uniquely LA. In SoCal we are also leaders in affiliate marketing (Commission Junction), Internet video (Hulu) and bringing local businesses online (ReachLocal). Much of this was highlighted at Twiistup.

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Want to Start a Technology Company in LA?

Both Sides of the Table

We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves. It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. Come join us.

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

Both Sides of the Table

We were talking about a company, Factual (disclosure my firm is an investor), which was founded by one of LA’s most talented Internet entrepreneurs, Gil Elbaz , who as co-founder of Applied Semantics (purchased by pre-IPO Google for $102 million and now Google AdSense) is responsible for a large portion of the Internet’s monetization.