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Oracle Founder Larry Ellison's Latest Investment: Malibu Real Estate

socalTECH

In the latest Silicon-Valley-tech-mogul-buys-into-SoCal story, it looks like Oracle founder Larry Ellison has been making some big investments in Southern California--in the real estate area. The LA Times said this weekend that Ellison has spent an estimated $200M to $250M acquiring at least nine properties in Malibu. READ MORE>>.

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Amazon's Bezos Spends $165M For Beverly Hills Mansion

socalTECH

It's unclear how much the move will benefit Southern California's technology industry, as many other tech moguls with property in Beverly Hills have not necessarily gotten involved with the growing technology industry here despite having residences in the LA area. READ MORE>>.

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Down bad

TechCrunch LA

million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group and Coinbase Ventures. Creator-focused web3 sitebuilder Tellie nabbed $10 million in Series A funding from investors including Malibu Point Capital, Galaxy Digital and Dapper Labs. TC+ analysis.

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JAKKS Pacific, NantWorks In Toy Joint Venture

socalTECH

Los Angeles-based NantWorks , the technology incubation and investment firm run by billionaire Patrick Soon-Shiong, and Malibu-based toy firm JAKKS Pacific announced this morning that the two are in a join venture to create anew company, DreamPlay Toys.

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Reflections on 2018: Michael Jones, Science Inc.

socalTECH

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Our investment in PlayVS and the subsequent launch of their Season Zero high school e-sports platform was very exciting.

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Codesmith Raised $1.1 Million Funding Round Lead by Test Prep CEO

Tech.Co

Coding bootcamps have proven to the cure for a workforce that isn’t qualified to handle the complicated technologies that rule the business world today. And one well-known coding bootcamp has made an effort to focus on engineering thanks to a huge investment from a Malibu CEO.

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Catching Up With Jeffrey Stibel of D&B Credibility

socalTECH

Jeffrey Stibel has been quietly building a technology powerhouse in Malibu, leveraging the D&B brand at D&B Credibility Corp. We thought we'd catch up with Stibel to hear how the firm has been going plus learn about his angel investing efforts. We now have six offices, and over a hundred employees in Malibu alone.

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