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General Assembly Raises $35M In Funding Round

socalTECH

General Assembly , which conducts classes on web development, Photoshop, Javascript, digital marketing, and all kinds of other topics through its location in Los Angeles, has just scored a $35M funding round, a Series C for the company. general assembly angeles venture capital learning digital school technology'

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Realtime Raises $100M, Opens Office In Santa Monica

socalTECH

Realtime , a startup developing technology to help power real-time web applications, said today that it has raised $100M, launched in the U.S., The firm, which was previously known as Internet Business Technologies, said that it has developed a language, xRTML, that helps convert existing, static HTML into real-time, live web applications.

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What Makes an Entrepreneur (3/11) – Ability to Pivot

Both Sides of the Table

Ability to Pivot – I don’t like to invest in people that I’ve never met before who come through my office wanting to have a term sheet within 30 days. I don’t think most VC’s do. But in most situations a VC will want to be able to judge how you perform over time. I’m sure that happens.

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App is Crap (why Apple is bad for your health)

Both Sides of the Table

I had just returned from living in Japan where I witnessed the hugely successful launch of i-mode by NTT DoCoMo so I knew the potential that the mobile web would ultimately bring, but I saw so many flaws in the launch of WAP. I’m now a VC. The mobile web would finally be open! There was no engagement. Or would it?

Brentwood 326
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How to Work with Lawyers at a Startup

Both Sides of the Table

Founded it as a California LLC but your potential VC wants a Delaware C-Corp? I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? When we invest they are often the company counsel so we see them at board meetings. Shame about that pesky FAS 157 ruling.

Startup 318