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TranscribeMe Gets Funding From TCA, Maverick, Keiretsu

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Three active angel investment groups--The Tech Coast Angels , the largest and most active angel investment group in Southern California; Maverick Angels , and Keiretsu Forum , have backed a developer of transcription services, TranscribeMe. operations in Emeryville.

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Draper Goren Holm Raises $25M Blockchain Fund

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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>>.

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Calacanis Takes On Keiretsu Forum On Fees

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Jason Calacanis , CEO of Santa Monica-based Mahalo.com and co-producer of the TechCrunch50 conference--not known for pulling his punches--publicly targeted angel group The Keiretsu Forum today for their presentation fees. In Calacanis' personal blog, he called for bloggers to launch a public campaign against Keiretsu.

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Angel Group: New SEC Rules Could Kill Angel Investing

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The Angel Capital Association , a group which represents angel investors, says this week that the changes in the final rules banning "general solicitation" of companies seeking investments from accredited investors, could "kill most angel investment in the country." Image courtesy Bigstock. READ MORE>>.

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Calacanis/Keiretsu Tiff Heats Up With Lawsuit

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A personal campaign by Santa Monica-based Mahalo.com 's CEO, Jason Calacanis, to put pressure on for-profit angel investment firms to stop charging entrepreneurs to pitch, has ramped up, as Calacanis said Tuesday that he has been informed that Keiretsu Forum is filing a lawsuit against him.

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Tech Coast Angels, Rady Venture Fund Back Savara Pharmaceuticals

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Two, Southern California investment groups have backed a developer of treatments for infections in cystic fibrosis patients, Savara Pharmaceuticals , they announced today. According to the Tech Coast Angels , it contributed $3M to the funding, the largest single funding ever raised by the group.

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Calacanis: First Angels In New Angel Group

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Calacanis--who started the group as an outgrowth of his crusade against pay-to-pitch angel groups like The Keiretsu Forum--said in his blog today that he has signed up Matt Coffin , Sky Dayton , and Bill Woodward as members of his group.

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