How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends. Often as I describe to people privately why I invested the first reaction is not to immediately get it.

AEG Invests in E-sports Team Immortals

L.A. Business Journal

Anschutz Entertainment Group announced an investment in e-sports franchise Immortals that makes it a team owner and home-venue operator for the team E-sports is finding a home in downtown.

Trending Sources

Saudis to Invest $1B in Virgin Galactic, Virgin Orbit

L.A. Business Journal

The Public Investment Fund of Saudi Arabia said Thursday it had reached a non-binding memorandum of understanding to invest $1 billion in space tourism company Virgin Galactic

Pasadena Angels Invest Over $4M in 2014

Ask the Angels

Pasadena Angels for the 3rd consecutive year invested over $4 million in an array of exciting start-up companies. April 6, 2015 — Pasadena Angels (PA) today announced that the group has invested a total of $4,163,000 in 17 deals during the year of 2014, making it the third consecutive year with over $4 million invested in deals. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies.

Despite Low Crop Prices, Corporate and VC Agtech Investments Soar

Xconomy

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. Just 10 percent of corporate investments were made to build new technological capabilities, the report says.

Finistere Plants Investment Seed in Ireland With $24M Agtech Fund

Xconomy

To that end, Kukutai’s venture capital firm, Finistere Ventures, is joining with the Ireland Strategic Investment Fund to launch a new 20 million euro ($24 million) fund that will invest in emerging agtech startups in Ireland. Ireland’s top agricultural exports are beef and dairy products.

Report: Crosscut Ventures Launching Fourth Venture Investment Fund

socalTECH

Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. crosscut ventures venture capital finance investment investorCrosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund. Crosscut has not yet filed regulatory details on the new fund.

Seed-Stage Deals Show Growing Diversity of Agtech Investments

Xconomy

Fundraising is tough for startups but it’s particularly difficult in agriculture, a sector that has fewer firms focused on agtech investments. While the total dollars invested in 2016 decreased by nearly 30 percent year over year, the total number of deals increased by 10 percent.

Angel 30

Southern California Sees Boom In Venture Investments In Q4

socalTECH

Think there is a technology investment slowdown? billion invested in venture capital in Q4 of 2015, according to the latest numbers released over the weekend by PricewaterhouseCoopers and the National Venture Capital Association. billion invested in Q4 matched the $1.3 billion invested in the region in Q4 of 2014, and was only slightly less than the $1.46 billion invested in Q3, which typically has been the busiest investing quarter for the region.

Some Reflections on VC Investment Decisions

Both Sides of the Table

I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). But they are also a tax on your time with portfolio companies, looking for new investments, running your shop and honestly they are a tax on your family life. So that means 2-3 good investments a year and we are doing well. ” If you don’t feel hugely compelled to invest then you shouldn’t.

Invest 101

Soxhub Gets Investment from Donnelley Financial in New Partnership

L.A. Business Journal

said this week it had received a minority investment from Donnelley Financial Solutions Inc. Soxhub Inc. as part of a partnership between the two companies

Intel Deepens Move into Sports Tech with SportStream Investment

Xconomy

According to a recent ScoreStream statement , San Diego’s Avalon Ventures, a longtime ScoreStream investor, led the round, and was joined by Sinclair Broadcasting, Verizon Ventures, and R/GA Ventures, the investment arm of the advertising agency R/GA. ScoreStream, a five-year-old startup that created a social media platform for crowd-sourcing local sports scores, has raised $3.7 million in a Series A round that includes Intel Capital as an investor.

Western Digital Leads $33M Investment In Tegile Systems

socalTECH

and also included current investors Meritech Capital, Capricorn Investment Group, and Cross Creek Capital, bringing its total raised to $178M. Irvine-based Western Digital is the lead investor in a $33M funding round for flash storage array developer Tegile Systems this morning. Tegile says its big funding round was led by Western Digital Corp.,

Dubset Gets Strategic Investment From Rhapsody

socalTECH

musician rhapsody content music hollywood capital venture investment strategic holdings media dubset Dubset Media Holdings , a developer of technology used to help DJs monetize their music, and helps identify music for music rights holders--which has offices in Beverly Hills--has scored a strategic round of funding from Rhapsody International. Size of the funding was not announced. Dubset is led by Bob Barbiere, and has offices in New York, London, and Beverly Hills. READ MORE>>.

Pasadena Angels Form $1.3M Investment Fund

Ask the Angels

Pasadena, California (June 1, 2016) – The Pasadena Angels (PA) today announced the formation of their first investment fund at $1.3 The Fund will specialize in seed and early stage investments and will co-invest exclusively in deals that are subscribed by Pasadena Angels members. The Pasadena Angels’ 100 plus members invest individually and directly, without any legal pooling of financial resources. Members have invested over $65 million in over 175 companies.

Southern California Venture Investments Top $1.3 Billion In Q4

socalTECH

Venture capitalists invested more than $1.3 billion in investments in Los Angeles, near $125M in Orange County, and $106.6M in investments in San Diego. raised by SnapChat , and $320M in an investment in NantHealth.

UTA Targets Early Stage Investments With New Hire

socalTECH

According to the United Talent Agency, it has hired Robyn Ward as part of its Digital Media practice, to work closely with its existing portfolio of early stage companies and help identify new investment, incubation and representation opportunities.

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The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?”

Invest 151

NVCA: Venture Investments Drop In Q1

socalTECH

Venture capital investments in the U.S. have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. The NVCA said that is the fewest companies to receive investment since Q4 of 2011. Despite the investment slowdown, the NVCA said that venture firms have "plenty of cash to deploy" to startup across the United States, with $7.9

Why @UpfrontVC invested in Disruptive Rental Car Startup @Skurt

Both Sides of the Table

But it wasn’t until I met the team from Skurt that I felt compelled to invest. Rental cars.

Tech Coast Angels Makes Eight Investments, Sees Two Exits In Q1

socalTECH

The Tech Coast Angels , one of the most active angel investment groups nationwide in addition to here in Southern California, said Friday that it invested in eight new and follow on deals in the first quarter of 2015, in addition to seeing two exits out of its portfolio. tech coast angels venture investment exit merger acquisition capital

Tech Coast Angels: Record Amount Invested In 2014

socalTECH

Southern California''s biggest organized, angel investment group, the Tech Coast Angels , said this morning that the group had its biggest investment year ever in 2014, investing a total of $16.37M across 61 total deals. The group said the investments make 2014 its largest ever since 1997 in terms of deals funded and amount raised. The investments were up by 12 percent from 2013, when the angel group invested $14.64M in its portfolio.

ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

socalTECH

According to ServiceNow, which is based in Santa Clara but still has major operations in San Diego, ServiceNow Ventures will target investments in early stage companies that develop cloud-based applications, built on its platform, as well as growth stage vendors developing strategic technology integration with the ServiceNow platform. ServiceNow did not say how much it is dedicating to investments.

SaaS 36

Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

The flow of venture capital dollars invested into Los Angeles-area companies fell 16.3 percent from a high of $4.17 billion in 2015 to $3.49 billion last year, according to a report by Dow Jones Venture Source

American Solar Direct Lands Investment Funding For Rooftop Solar

socalTECH

Los Angeles-based residential solar energy provider American Solar Direct has raised a round of investment, from Dubai-based solar developer and investor Adenium Energy Capital. American Solar Direct said the investment is Adenium's first investment in the United States. Size of the funding round was not announced. The new funding will go towards accelerating growth and expansion at the copmany. American Solar Direct says it has more than 5,500 customers in California.

Siemer & Associates Acquired By Chinese Investment Bank

socalTECH

Santa Monica-based investment banking firm Siemer & Associates , which has focused on the technology and media sector, has been acquired by Chinese investor CEC Capital Group. CEC Capital Group (formerly known as Chine eCapital) says it focuses on tech, media, telecom, consumer, and healthcare investments. siemer associates china capital merger acquisition investment banking finance financial

Acorns Gets $30M From PayPal, Rakuten For Investing App

socalTECH

Newport Beach-based Acorns , the developer of a mobile app which turns your spare change into investments in an exchange traded fund (ETF), has raised $30M in a new funding round from PayPal and Rakuten, the company disclosed today. The startup, led by Walter and Jeff Cruttenden, takes spare change from a user's debit and credit card purchases--rounding up those purchases to a whole dollar amount--and invests those into an ETF for the user.

Why Computer Vision Has Become a Major Investment Theme for Me

Both Sides of the Table

Computer Vison Startup Nanit If you follow me on Snapchat ( msuster ) you might already know that I’ve been looking at and investing in a number of companies in the computer vision space.

Simplifying Startup Investments: Ryan Feit (CEO) of SeedInvest

Tech Zulu Event

Today, with the help of the aptly named JOBS act (Jumpstart Our Business Startups Act) and companies like SeedInvest , it has never been easier for companies to gain exposure and enter the investment solicitation process. The investment environment at large in light of the JOBS Act.

BitAngels Sets Up Formal Investment Fund Worth Around $4.1M

socalTECH

BitAngels , the angel investment group which invests in BitCoin related startups, has launched a new, 10,000 BTC structured fund--approximately $4.1 million US dollars at press time--the first, dedicated fund for its BitCoin investments. The angel investment group, whose members include such local Los Angeles investors as Michael Terpin and Brock Pierce, said the new fund is aimed at helping to grow the Bitcoin ecosystem, and is being run with actual Bitcoin.

Press 46

Terran Orbital Gets Investment From Lockheed Martin

socalTECH

Lockheed announced the investment on Friday. Irvine-based Terran Orbital , a developer of nanosatellite technology, has received a strategic funding round from Lockheed Martin , via Lockheed Martin Ventures. Financial details of the funding were not announced. Terran Orbital is focused on. nanosatellite design, development, manufacturing, testing and launch, and is led by CEO Tony Previte. READ MORE>>.

Next Coast Ventures Latest Addition to Austin’s Investment Ecosystem

Xconomy

Austin —Mike Smerklo, co-founder of Next Coast Ventures in Austin, says his venture firm brings a key ingredient to investing: entrepreneurial experience. “We Smerklo says the firm will largely focus on Austin startups, making Series A and B investments in tech companies innovating in.

SaaS 19

Boosting the US Economy | Invest in Research & Development for Tax Credit

Tech Zulu Event

Drawing from the UK Seed Enterprise Investment Scheme (SEIS) experience, US Senator Chris Coons will talk about the version of the Research & Development tax credit bill he sponsored on August 8 in New York City.