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Clapit Raises AU$2.57M

socalTECH

Los Angeles- and Sydney, Australia-based Clapit , a startup developing a social media crowdsourcing app, said it has raised AU$2.57M ($1.94M US), to bring its mobile app to market. The seed funding came from Australia angels Mark Moran and Paul Siderovski. Clapit, which says it is based in Sydney and has its U.S.

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The Changing Structure of the VC Industry

Both Sides of the Table

15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited. We’re all socially connected (so great businesses spread faster). The VC market has right-sized (returned back to mid 90′s levels & less competition).

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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

A few years ago it became fashionable for large VC’s to do seed funding. Many VCs who do lots of seed stage deals are very supportive and active. I think they definitely qualify as a VC and not a seed fund. What exactly is seed funding anymore? They do many early-stage deals.

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Interview with Artin Nazarian, MySocialNightLife

socalTECH

Earlier this month, Los Angeles-based MySocialNightLife.com (www.mysocialnightlife.com) announced a seed funding round, and its technology platform for the nightclub and bar industry. Artin Nazarian: What we've pushed live as a beta, is the front-facing, social networking aspect of this. Where is the site now?

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Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

Yet 2013 is still projected by The Fiscal Times as a difficult IPO opportunity for startups, due to choppy markets, continuing fiscal uncertainty, and the Facebook fiasco. The market and venture capitalists are looking for business, but with a continuing focus on proven business models.

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More investors are betting on virtual influencers like Lil Miquela

TechCrunch LA

Betaworks is betting on the content studio aspect through companies like SuperPlastic , a new startup launched by Paul Budnitz, the founder of the alternative social network ello and Budnitz Bicycles. Budnitz is perhaps best known for Kidrobot , a manufacturer of branded collectibles and toys for adults and kids everywhere.

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Interview with Jake Winebaum, Brighter

socalTECH

We raised funding in January from Mayfield, on top of the seed funding we raised at the onset. A cost containment network is what is used by insurance companies and others, to get contractually negotiated rates. Basically, the dentists in the network have contractually agreed to deliver these prices to enrolled members.

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