socalTECH

FEBRUARY 18, 2015

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. snapchat venture capital investment instant social messaging rumor' READ MORE>>. READ MORE>>.

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Snapchat Report Venice Funding 100

SoCal Tech Calendar

MAY 26, 2016

Venice, California-based Snapchat has raised $1.8 billion in its Series F funding round, according to a regulatory filing by the firm this morning, in what might be the largest funding round ever for a Southern California startup. Details on the round have not been announced. READ MORE>>.

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Snapchat Funding Southern California Venice 113

socalTECH

MARCH 4, 2016

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. billion in funding.

Snapchat 100

Snapchat Report Venice Invest 100

socalTECH

MAY 29, 2015

Venice-based Snapchat has raised $537.6M more--part of an ongoing $650M funding round--as the instant messaging app developer continues to break Southern California records in both total funding and valuation. Snapchat has now raised north of $1.15‎ billion. billion raised), and much more successful SpaceX ($1.2

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Snapchat Southern California Funding Venice 100

Both Sides of the Table

FEBRUARY 15, 2017

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA.

Dollar Shave Club 321

Dollar Shave Club Cornerstone OnDemand Riot Games Venture Capital 321

Both Sides of the Table

JANUARY 22, 2014

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

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Venture Capital Coach Writing SaaS 364

socalTECH

JULY 15, 2016

billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. The boost in funding came despite a lower overall deal count, with 89 funding deals in Q2, versus 97 in Q1.

Southern California 100

Southern California Marina Del Rey Venture Capital Company 100

socalTECH

FEBRUARY 2, 2017

the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. ,

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Snapchat Startup Venice Advertising 100

socalTECH

MARCH 3, 2017

this week appears to be a Silicon Valley high school, which made $24M for its investment in Snapchat. The school invested $15,000 thanks to Lightspeed Venture Partners' Barry Eggers , who apparently recommended the school's VC fund invest in Snapchat after seeing his daughter's heavy usage of the new app.

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Snapchat Venice Venture Capital Invest 100

socalTECH

MARCH 5, 2014

Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 Auction.com joins SpaceX, Snapchat, and Beats Electronics in the short list of $1 billion plus valuation, venture backed startups here. READ MORE>>.

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Southern California SoCal Snapchat Startup 154

socalTECH

SEPTEMBER 14, 2016

Are you a startup looking to find funding in Southern California? It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. However, for members of socaltech.com, it's a click away with our real time analysis of venture funding flows.

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Southern California Dollar Shave Club Lootcrate Orange County 100

socalTECH

JANUARY 16, 2015

Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomson Reuters. in investments in San Diego. in investments in San Diego.

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Southern California Invest Orange County San Diego 100

socalTECH

OCTOBER 15, 2014

Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy. in its seed funding round. Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups.

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Class Startup Seed Funding Entertainment 185

socalTECH

OCTOBER 14, 2016

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M in funding, according to the latest numbers from the PricewaterhouseCoopers MoneyTree report, based on data from Thomson Reuters. in funding in Q3, down from the much larger, $2.5 billion funding round for Snapchat.

Southern California 100

Southern California Orange County Report Santa Barbara 100

socalTECH

MAY 20, 2015

Venture capitalist David Lee , who was Managing Partner of seed and angel investing fund SV Angel , one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its Limited Partners on Tuesday. READ MORE>>.

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Angel Snapchat Venture Capital Los Angeles 100

Both Sides of the Table

FEBRUARY 20, 2019

Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on. What happens at the A-round of venture capital? How does control start to change at the B-round of funding? But it’s quite rare.

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Startup Venture Capital Tips Capital 236

Both Sides of the Table

JUNE 17, 2017

Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. Do you imagine eventually raising VC and trying to build a faster growing company?” Two-f **g-billion! What a disaster!

Startup 227

Startup Venture Capital Sales Course 227

Xconomy

JULY 14, 2016

Showing little concern for stock-market volatility or worries over the Brexit, venture capital firms pumped $15.3 billion into 961 deals across the United States during the three months that ended June 30, according to the MoneyTree Report on venture capital activity. billion invested in Venice, CA-based Snapchat.

Marina Del Rey 40

Marina Del Rey Invest Venture Capital San Diego 40

TechCrunch LA

AUGUST 5, 2022

By moving away from the “influencer house” model, Collab Crew can also expand to include more BIPOC creators and entrepreneurs in the Georgia capital. The idea of “consistent investments” is key to the way that Collab Crew wants to run its studio, offering long-term support for its members to grow.

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Platform Social Media Netflix Content 210

Both Sides of the Table

MAY 6, 2015

Everybody now knows that LA produced SnapChat, Tinder and Maker Studios. If you’re an investor considering putting dollars in the ground in LA, you can see that there is a tremendous opportunity both because of the growth of our markets and there are fewer VC funds here relative to the opportunity than anywhere else in the country.

Marketing 150

Marketing Newsletter Venture Capital Blogging 150

socalTECH

AUGUST 8, 2018

the parent company of Snapchat , has raised $250M in the publicly held company from the Saudi royal family. Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M

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Venice Snapchat .Net Invest 100

socalTECH

MARCH 16, 2017

Earlier this week, Derek Norton , a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). We sat down with Derek to learn more about the new $5M fund and what it's all about.

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Invest Funding Capital Startup 145

Both Sides of the Table

JULY 23, 2016

This is a huge moment for Michael Dubin who had the vision, the market genius, the operating chops and the perseverance to prevail even after the venture funding markets had wrongly written off eCommerce as a category. Frankly, it’s awesome to see a VC articulate a vision for the kind of company they would back in a given category.

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Dollar Shave Club Venture Capital News Snapchat 150

Both Sides of the Table

MARCH 11, 2014

Last week displayed the best of LA last week for a gala event of all of Upfront’s portfolio companies + the CEOs of many of LA’s top technology companies + 75 VC firms from LA, SF, NY & Boston + 25 LP Funds + the Chairman of Yahoo! Burstly is a Santa Monica-based team that I also proudly funded. Maker Studios.

Startup 318

Startup Santa Monica Snapchat Yahoo 318

Tech Zulu Event

JANUARY 21, 2014

Overall, great news for our fair city with a 25% increase in funds raised in 2013 over the year before. JustFab , the ultra-successful fashion membership company, upped the ante with two additional rounds of funding that totaled $55 million.

Los Angeles 105

Los Angeles Angel Startup Snapchat 105

Both Sides of the Table

OCTOBER 8, 2014

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” billion in venture capital to LA’s technology startups and 2014 will shatter that figure. It is different.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

JULY 16, 2013

If you are a super young, well-connected, Stanford CS or EE, worked at Facebook early, have a bit o’ dosh and have VCs chasing you … you are exempt. ” Case in point: Facebook, Twitter, Tumblr, SnapChat. Enough to convince you to work the next 49 weekends in a row to get to your next round of funding.

Venture Capital 412

Venture Capital Startup Funding Snapchat 412

Tech Zulu Event

AUGUST 27, 2013

startups attracting over $847 million in investment funds in 2012 alone, the city’s diverse resources are often too separated. Ashton Kutcher is just one of the A-list notables investing generously in startups. Ashton Kutcher is just one of the A-list notables investing generously in startups.

Los Angeles 101

Los Angeles Angel Startup Venture Capital 101

Both Sides of the Table

JUNE 18, 2015

I rarely talk to any startup entrepreneur or VC who doesn’t feel it and somehow long for simpler times despite the benefits we all enjoy from increased enthusiasm for our sector. Greatness in execution stands out more and doesn’t get drowned out by the inevitable over-funding of one’s competitors.

Software Review 150

Software Review Startup Venture Capital Invest 150

Both Sides of the Table

SEPTEMBER 21, 2016

Today Upfront Ventures is announcing that we’ve backed Rebecca Kantar ’s startup Imbellus , a company designed to assess human potential and ultimately change the way we teach children. We led a $4 million investment along with Thrive Capital, GLG and Sound Ventures. But really it’s something I look for. So Why Imbellus?

Design 150

Design Ideas Startup Writing 150

socalTECH

FEBRUARY 13, 2019

Santa Monica-based Forge Platform , which is developing software development kits used for Ethereum, has raised $1M in a seed funding, the company disclosed on Wednesday. The funding came from Manta Ray Ventures and Upfront Ventures. The company was founded by Chris Lorenz, Geoffrey Anderson, and James Borow.

Platform 113

Platform Santa Monica Seed Funding Software Development 113

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. Planning and dealing with extra-ordinary events: M&A, fund raising, crises.

Startup 325

Startup Sales Technical Review Software Review 325

Startup Professionals Musings

MARCH 16, 2016

Whether you are talking to peers, competitors or investors, you as an active entrepreneur will be judged on your familiarity with today’s startup and funding jargon. Prime examples include Uber, Airbnb and Snapchat. Seed-round investment. Super-angel investors (micro-VCs). Could your startup be the next one? Sweat equity.

Startup 57

Startup Software Review Equity Invest 57

LATechDigest

MAY 13, 2016

In addition to showing the audience what the pitch process is like, the judges — Anthony Saleh (Queensbridge Ventures, NAS, The Future), Angela Benton (NewMe Accelerator), Steve Pamon, (formerly JP Morgan Chase), Derek Ferguson (Revolt TV) — each picked 2 companies to mentor. To apply to SMASHD Labs, visit [link].

Mentor 75

Mentor Venture Capital Draper USC 75

Both Sides of the Table

JUNE 8, 2014

Changes in the Software World & in Venture Capital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware. I don’t need to tell you what else is LA … SnapChat, Whisper, Tinder. KickStarter?

Startup 390

Startup Venture Capital Capital Funding 390

Both Sides of the Table

NOVEMBER 15, 2014

A few years later they announced $150 million in a funding round at $1 billion+ valuation and are ramping up jobs to secure their market-leading position. But I know with local funding and local support that’s certainly less likely. Locally we call it “the Snapchat effect.” Your fund performance has been great.

Company 369

Company Companies Startup Snapchat 369

Both Sides of the Table

MARCH 6, 2017

It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. Are you kidding me? And this is true. LA has only just begun.

Riot Games 191

Riot Games Los Angeles Technical Review Venture Capital 191