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Genies Finds $65M For NFT Avatars

socalTECH

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.

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David Sacks Eyes Trump Transition Team

socalTECH

Sacks has a very significant presence in Southern California's startup investment community, having invested in such companies as Comparably, Hyperloop Transportation Technologies, Clutter, and others; Sacks was also CEO of family tree site Geni when it was located in Los Angeles. READ MORE>>.

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Crew32, Led By Jason Nazar, Gets $5.2M In Funding Round

socalTECH

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 The filing indicates that 11 investors have so far invested in the company.

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GumGum Confirms Investment Round

socalTECH

Advisors to the firm include David Sacks of Geni (formerly of PayPal) and Vince Thompson (formerly of AOL and Facebook). Other board members at the firm are Michael Jones, COO of MySpace; Howard Morgan of First Round Capital; and Brian Garrett of Crosscut Ventures.

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Seven Tech Startups To Watch Out For In 2022

Tech.Co

Investing in stock is a great idea for anyone, and you can never get started too early. However, the world of investment can be daunting, leading many to drag their feet in figuring out the meaning of dividends, stock options, and a wealth of other terms that can seem impenetrable from the get go. For example, if a user spends $3.95

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The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley

TechCrunch LA

i am deeply invested in the drama surrounding lil miquela and now you all have to be too. It’s less well-known that the company is backed by some of the biggest names in venture capital investment — firms like Sequoia Capital. Around this time McFedries also began investing in companies, according to AngelList.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

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. 2020 will be a watershed year for investment in businesses around the creator economy,” Neil Robertson tells TechCrunch.

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