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Los Angeles-based Draper Goren Holm , a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world. READ MORE>>.
Launchpad LA today announces it will accept applications for its third class of Los Angeles-based tech startups. years there has been an initiative in Los Angeles called Launchpad LA. He previously co-founded Charlie , a Los Angeles based media company and interactive agency. For the past 2.5 Each company will receive $50,000.
How is this different than accelerator or incubator? David Carter: There is a lot of misunderstanding on what an incubator is, and what an accelerator is. When I was at Amplify, we had a lot of people wondering what an accelerator was, and how we differentiated from an incubator. That''s why creative people seek out Los Angeles.
Favor--which is based in Austin, Texas--said it raised $13M in a Series A funding, from S3 Ventures, Silverton Partners, Tim Draper, and other angels, specifically for the expansion move. Favor was part of the SLO HotHouse incubator/accelerator. The company currently operates in Austin, Boston, Houston and Dallas. READ MORE>>.
Moderated by 500 Startups founder Dave McClure (who openly admits to knowing nothing about Bitcoin), our panel consisted of a mix of venture capitalists, angel, and accelerator investors: Joyce Kim – VC at Freestyle Capital. Brock Pierce – Digital Currency Entrepreneur and Angel Investor.
PERSON Timothy Draper PERSON|Timothy Draper. NAME Timothy Draper. SIGNIFICANCE PASSING-MENTION. --> Tech Titans Hit the Beach As Silicon Valley moguls go on a home-buying spree in Los Angeles, theyre reshaping the real-estate landscape. NAME Mark Zuckerberg. SIGNIFICANCE PASSING-MENTION. TOPICID 408. NAME Mich Mathews.
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