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Los Angeles-based Genies, a startup that helps people create their own avatars--which they can decorate by buying special NFTs (non-fungible tokens)--has raised $65M in a Series B funding, the company said this week.
In the case of the kid getting much (much) larger than its parent, Yammer , the one time spinout of Los Angeles-based genealogy and family tree website Geni , has now squarely out-raised venturecapital than its parent firm, saying Wednesday that it has raised an $85M funding round. in funding. READ MORE>>.
A virtual currently startup, Pocket Change , with links to Southern California has just raised $5M more in funding. The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founded GumGum, and Amos Elliston, who served as CTO at Geni and SVP of Engineering at Yammer.
It all started yesterday when Jason Calacanis sent a Tweet telling GenY’ers / Millennials or whatever people under 30 want to be called these days that job hoppers look like “flakes. &# I simply sent a supporting Tweet saying that I agreed. And good VC’s feel the same way. They make terrible employees.
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Santa Monica-based Crew32 , a stealth startup founded by Docstoc founder Jason Nazar, Betterworks, Geni, and Yammer co-founder George Ishii, and InvestedIn and MySpace co-founder Yadid Ramot, has raised $5.2M, as part of an ongoing $6.0M funding round, according to a regulatory filing by the firm on Thursday.
We had an excellent opening panel on early-stage investing with Dave McClure (Founders Fund – NorCal), Brad Feld (Foundry Group, Boulder) and Andy Sack (Founders Co-Op, Seattle). The tone of the panel was set by David’s announcement that he was relocating to Silicon Valley (and dragging Geni & Yammer with him).
Tanz said that GRP's Mark Suster will be joining the firm's board along with the funding. Other board members at the firm are Michael Jones, COO of MySpace; Howard Morgan of First Round Capital; and Brian Garrett of Crosscut Ventures. Tags: gumgum venturecapital photography photograph. READ MORE>>.
in a funding round, and launched a new platform to help people compare pay and culture between companies. Nazar was the founder of Docstoc, which he sold to Intuit; his co-founders include George Ishii (Yammer/Geni), Mike Sheridan (DebtMarket), and Yadid Ramot (Investedin). READ MORE>>.
Santa Monica-based Bird , a new startup focused on "last-mile" electric vehicle sharing, has raised $15M in a Series A funding, according to the company. The funding was led by Craft Ventures, the newly formed venturecapitalfund founded by David Sacks and Bill Lee. Bird offers up electric powered scooters.
What results must you have in order to raise venturecapital or garner good press coverage that helps drive customer acquisition (and also more funding!)? VCsfund people all the time with no traction. They fund people with no customers. They even fund people with no product. ON SUCCESS. Dig deeper.
Her newest venture, Moe Assist, claims to be the first project management and payments tool for influencers. million in funding from Rebecca Minkoff and other unnamed investors. Naturally, these were also the first business to get funded. million in funding to date, including a recent $3.6 focused fund.
It’s less well-known that the company is backed by some of the biggest names in venturecapital investment — firms like Sequoia Capital. Our sources put the company’s funding somewhere around $6 million in its recent funding round.
Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebook s. Venture capitalist and hedge-fund manager Peter Thiel—PayPals co-founder and Facebooks earliest investor—paid $11.5 Wealthy Investors Flock to Puerto Rico. Gramercy Park Condo Goes Into Contract.
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