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Tech Coast Angels: We Have Higher Returns Than Angel Averages

socalTECH

The TCA said, if a TCA member had participated in all of its 305 investments, with a $25,000 investment in each of the companies in those investments (a total investment of $7.7M), that member would have received $12M in cash liquidity, have taken $2M in tax deductible write-downs, and still have $4.1M in active investments.

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Interview with Tara Weingarten, VroomGirls

socalTECH

The other thing that struck me, is because it is only men, they tend to write with lots of testosterone. Their writing style, even for a mainstream publication, is they write with lots of testosterone. They write about the transmission, the brakes, and the suspension, and that creeps into all of their evaluations of cars.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand. If you throw in Oculus into the mix along with TrueCar, Rubicon, Burstly, Beats and others LA Tech has seen more than $8 billion in exits in 2014 alone. Deflationary Economics now favors us.

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Interview with Jeff Zwelling, Convertro

socalTECH

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. One of the venture capitalists we had met along the way, hearing that we had sold YLighting, asked us what we were doing now, and because they liked the software so much told us to count him in, he'd write a check right now, and that's what we did.

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Interview with Mark Suster, GRP Partners

socalTECH

You know Zag, herein town, and more recently our new car investment, TrueCar. We'll even write a half a million check. If you look at one of the subsectors of retail, the auto industry, we've been making bets into revolutionizing the auto industry. That as unhealthy. An A round investment in this market is a million to $4 million.

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

Partners provided products and services including: Uber, Here on Biz, ParkMe, Simply Petals, Triptrotting, Bloodhound, Planana, Pop-Up Pantry, EventSorbet, ROC, Startup Car, Pulsoviral, TrueCar, PopChips, ONE Coconut water, Gamer Food, Zevia. & #celebrity to pull off anything! RT @urlgrl @DigitalLA had an amazing time at #SBF.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

That’s convenience when your VC is hoping to write the next $20 million check. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). Many of the Valley tech firms saw advertising as “beneath them&# and many VCs in the first boom encouraged people to focus on eyeballs rather than dollars.