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Pod Network Picks Up $5M For Social Media App

socalTECH

Manhattan Beach-based Pod Network , which says it is developing a mobile, social media network which connects users based on their physical location, plus professional and personal interests, has raised $5M in a seed funding. The company said the round was led by PACA Ventures and Anthony Misitano, founder of Post Acute Medical.

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Fanattac Gets $1M, Tackles Social Media, Music

socalTECH

Hollywood-based Fanattac , a developer of an online, social media platform which looks to connect music fans and artists, has raised $1M in a funding round. the firm said it is providing a "unique" social media experience for music lovers, where fans will be able to interact with artists online.

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Most of these startups spend the lion’s share of their marketing budget in today’s social media channels: Facebook, Twitter, Reddit, Snap, TikTok and so on because?—?no Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. no surprise?—?that’s

Product 424
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Premature scaling can kill your business.

Berkonomics

This form of thinking has been unusually true during the current rise of social media platforms, where market share became the primary goal of a company, with revenues and profitability to follow later. Many, many companies accepting venture capital lost it all following this instruction. But beware.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. Investors: Google Ventures. 15mm in Series A.

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ThoughtWorld Snags $2M

socalTECH

Irvine-based ThoughtWorld, a new market research and social media platform, says it has raised $2M in an angel investment round. The company says it launched the Alpha version of its platform on July 21st. The company says it launched the Alpha version of its platform on July 21st.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Segment Three: “VC Deals Funded this Week”.