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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. So is angel investing. This is Venture Capital.

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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA. The landmark.

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SpaceX Dragon Returns Successfully From ISS

socalTECH

The SpaceX Dragon spacecraft successfully touched down at 12:22 p.m. According to NASA, the Dragon is now returning to a port near Los Angeles in preparation for being returned to NASA in the next 48 hours, to process research samples from the ISS. Hawthorne-based SpaceX is a venture funded startup, headed by tech mogul Elon Musk.

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Vector Challenges SpaceX With $21M In Funding For Satellite Launch Systems

socalTECH

Vector , a developer of micro-satellite launch systems and rocket technology whose founders came from SpaceX, said on Thursday that it has raised $21‌M in a Series A funding. The funding was led by Sequoia Capital, and also included Shasta Ventures and Lightspeed. The company says it has now raised $31M in total.

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Silicon Beach Report March 30: Female-Focused Venture Fund Raises $10.4 Million

L.A. Business Journal

Female-focused venture fund raises $10.4 million; Los Angeles tech workers data released; SpaceX gets approval to build satellite-powered broadband network.

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Techstars Los Angeles names Matt Kozlov as its new managing director

TechCrunch LA

Techstars Los Angeles , the local Los Angeles-focused branch of the global accelerator network, has named Matt Kozlov as its new managing director. Now, Kozlov turns his attention to the Los Angeles ecosystem broadly. And remote work means that Los Angeles could be a fixture for more investors looking to escape the Bay.

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SpaceX Buys Swarm Technologies

socalTECH

Los Angeles-based rocket and spacecraft developer SpaceX has acquired Swarm Technologies, a developer of "smallsat" (small satellite) technology. Swarm had raised about $25M in total funding. Financial terms of the buy were not announced, and no details of the acquisition were announced. Swarm has a network of 120.

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