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BeverlyHills-based Launch House, which hosts month-long, live-in startup programs in Los Angeles and elsewhere, is looking to raised $10M in a new venture capital fund, according to a regulatory filing from the company. The filing said the company is raising $10M to invests in startups.
I’ve been meeting with LPs (those who invest in VC funds) over the past year and discussing trends I see in the market and where I think we need to be as a firm to be near to and meet the needs of our customers. So we’ve seen an explosion in the number of startup companies and subsequently a huge burst in the number of incubators.
BeverlyHills-based OVGuide.com , an online site focused on video discovery and search, disclosed today that the firm has received $5M in funding from Baroda Ventures LLC, the investment firm of former GeoCities founder David Bohnett. OVGuide.com has previously received funding from Baroda, which helped to incubate the firm.
They were a group of really great young guys out of BeverlyHills, who understand how to build a brand, and figured out how to do it very quickly, and manufacture for a very low price. But, as you know, there seem to be a huge number of new accelerators and incubators in Los Angeles right now. For us, it's not a quantity game.
If you type in flowers in BeverlyHills, you won''t see any organic results for the big businesses. From there, we actually joined the Muckerlab incubator, and essentially have been growing florists on the supply side. It''s all about empowering the florists, and have them show up on local results. READ MORE>>.
Stacy Stubblefield: We actually started out of an incubator, based out of BeverlyHills. We were working on a bunch of different projects when we first started at the incubator. Stacy Stubblefield: We were part of the incubator, so we had some other contracted employees who were working and helping us develop the product.
Kevin Miller, president of Westside Rentals, which bills itself as Southern Californias largest home-finding service, says he has seen rents in Santa Monica and Venice increase by about 10% over the last 18 months—compared with other desirable areas such as BeverlyHills and Culver City, where he says rents increased by about 4% to 5%.
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