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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

The partners at MaC Venture Capital , the Los Angeles-based investment firm that has just closed on $103 million for its inaugural fund, have spent the bulk of their careers breaking barriers. MaC Venture Capital co-founders Marlon Nichols, Michael Palank, Charles King, and Adrian Fenty. Image Credit: MaC Venture Capital.

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What Would it Look Like if Elon Musk Pitched a VC Today?

Both Sides of the Table

I’m sure you know, but Elon was the co-founder (and largest shareholder) of PayPal, the most important payment transfer technology of its era and still the most instrumental to date. And space travel (SpaceX). 0001% who still doesn’t use Facebook, Twitter, Instagram or any other social technology. He is that.0001%

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SpaceX alumni are helping build LA’s startup ecosystem

TechCrunch LA

During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene. Instead, several former SpaceX employees have launched a raft of new companies, capturing the imagination and dollars of some of the biggest names in venture capital.

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SoCal Venture Capital Investments Total $497.8M In Q4

socalTECH

Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. Nationally, venture capital investors invested $21.8

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Report: SpaceX Raising New Funding At Near $10 Billion Valuation

socalTECH

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. If true, the valuation of SpaceX near the $10 billion mark would about double its last known valuation of roughly $4.8

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Southern California's Top 10 Most Popular Tech Stories Of The Year

socalTECH

What was Southern California's technology community most interested in 2012? venture capital exits in. 2011, showing a reduced number of exits--but more IPOs--in venture backed companies. SpaceX Plans Launch Site In Texas - In April, SpaceX announced plans to set up a launch. As part of our. We have no idea.

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SpaceX Gets Investment From Legendary Ventures

socalTECH

Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. A report in August said SpaceX was raising $1.9 The investment firm's General Partner is Jayson Kim. READ MORE>>.

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