Both Sides of the Table

NOVEMBER 15, 2014

They started their company in LA but a couple of years after raising capital from Khosla Ventures in the Bay Area they ended up relocating there. And consider Snapchat – one of our hometown favorites as they’re based in LA (Venice Beach). Locally we call it “the Snapchat effect.” Local capital matters.

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Company Companies Startup Snapchat 369

socalTECH

APRIL 11, 2014

A valuation of $5 billion puts Tinder''s worth above the $3 billion offer that Snapchat rejected last year from Facebook. tinder venture capital investment social networking dating mobile snapchat' IAC"s Barry Diller said that investors have been "banging through our doors" trying to buy a piece of Tinder. READ MORE>>.

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Report Snapchat Social Network Venture Capital 190

Both Sides of the Table

OCTOBER 8, 2014

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

socalTECH

MARCH 9, 2015

Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince''s investment firm, Kingdom Holding Company. Kingdom Holding Company did not reveal any other details of the possible investment. READ MORE>>.

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Snapchat Funding Social Media Venice 100

socalTECH

JANUARY 2, 2015

Venice, California-based Snapchat has raised an enormous, $485.6M The funding appears to be linked to an earlier reported funding effort by the company this year, led by Kleiner Perkins Caufield & Byers, which reportedly values Snapchat at over $10 billion. Details on the funding have not yet been announced by the company.

Snapchat 100

Snapchat Funding Venice Venture Capital 100

Both Sides of the Table

JUNE 8, 2014

Cincinnati, like many startup communities in the US over the past 5 years, has revitalized important regions in its urban core, created accelerators, built co-working facilities, pooled together angel capital, attracted VCs, involved educational institutions and solicited the help of important corporations in a more cohesive ecosystem.

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Startup Venture Capital Capital Funding 390

socalTECH

MARCH 5, 2014

Auction.com said this morning that it has raised $50M in a funding from Google Capital, at a $1.2 Auction.com joins SpaceX, Snapchat, and Beats Electronics in the short list of $1 billion plus valuation, venture backed startups here. READ MORE>>.

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Southern California SoCal Snapchat Startup 154

socalTECH

MARCH 4, 2016

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2

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Snapchat Report Venice Invest 100

SoCal Tech Calendar

MAY 26, 2016

Venice, California-based Snapchat has raised $1.8 The filing said that 157 investors participated in this new round, and other reports say that General Atlantic, Sequoia Capital, T. The filing said that 157 investors participated in this new round, and other reports say that General Atlantic, Sequoia Capital, T. READ MORE>>.

Snapchat 113

Snapchat Funding Southern California Venice 113

socalTECH

FEBRUARY 18, 2015

Venice-based Snapchat is looking to raise at much as $500M in a new round of funding, currently valuing the company as high as $19 billion, according to a report from Bloomberg last night. snapchat venture capital investment instant social messaging rumor' READ MORE>>. READ MORE>>.

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Snapchat Report Venice Funding 100

socalTECH

NOVEMBER 4, 2016

Google Capital , the late stage investment firm owned by Google parent Alphabet, Inc., the parent company of Snapchat. The confirmation of the investment came via a listing on the portfolio page of Google Capital, which was renamed CapitalG this week. Snapchat is reportedly hoping to have an IPO as early as March.

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Snapchat Google Class Invest 100

socalTECH

MAY 29, 2015

Venice-based Snapchat has raised $537.6M The new investors reportedly include Alibaba, Fidelity, York Capital, and Glade Brook Capital, and the funding has widely been reported at valuing the company at around $16 billion. Snapchat has now raised north of $1.15‎ billion. billion).

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Snapchat Southern California Funding Venice 100

socalTECH

FEBRUARY 5, 2019

Santa Monica-based venture investor March Capital Partners (www.marchcp.com) announced last week that it has raised a second fund, worth $300M. To learn about the new fund, we sat down with Jamie Montgomery , one of the fund's co-founders, to hear about March Capital's strategy and the new fund. We started March Capital in late 2013.

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Funding Capital Artificial Inteligence Startup 160

Both Sides of the Table

MARCH 11, 2014

I have the utmost respect for the tech produced by our northern colleagues and acknowledge it is the tech capital of the world and that won’t change. I’m super proud of the work produced by Gravity , a local #LATech company I invested in who was recently sold to AOL for $90 million. LA has a serious technology scene.

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Startup Santa Monica Snapchat Yahoo 318

socalTECH

OCTOBER 15, 2014

Disney offered up up to $120K in investment capital, access to entrepreneurs and executives at Disney, and other resources to its startups. disney startup accelerator walt angeles entertainment consumer funding venture capital techstars' in its seed funding round. READ MORE>>.

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Class Startup Seed Funding Entertainment 185

socalTECH

JANUARY 16, 2015

Venture capitalists invested more than $1.3 billion in Southern California startup, according to the latest MoneyTree Report issued by PricewaterhouseCoopers and the National Venture Capital Association last night, based on data from Thomson Reuters. billion in investments in Los Angeles, near $125M in Orange County, and $106.6M

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Southern California Invest Orange County San Diego 100

socalTECH

FEBRUARY 2, 2017

the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. ,

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Snapchat Startup Venice Advertising 100

Both Sides of the Table

MARCH 6, 2017

It’s hard to remember that in 2012 it was still hard for LA VCs to persuade investors into funds that LA was a viable market for great venture capital funds or convince many VCs that LA was a market worth investing dollars into startups. They always ask whether I see this as threatening as Upfront Ventures. Are you kidding me?

Riot Games 191

Riot Games Los Angeles Technical Review Venture Capital 191

socalTECH

NOVEMBER 19, 2013

Evan Spiegel , SnapChat (Los Angeles, mobile app). Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. Rob Reed , MomentFeed (Los Angeles/Ventura, analytics). Ophir Tanz , GumGum (Los Angeles, advertising).

Southern California 279

Southern California SoCalTech Dollar Shave Club Santa Monica 279

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. In the Early Days.

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Startup Sales Technical Review Software Review 325

Both Sides of the Table

JULY 16, 2013

Because at least while the VC spigot is open and flowing for high-potential individuals that fit a pattern that some VCs seem to favor they can access cheap capital that isn’t terribly dilutive and can use the to fund development and swing for the fences with limited focus on monetization. Or anybody who remotely resembles you.

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Venture Capital Startup Funding Snapchat 412

Both Sides of the Table

FEBRUARY 15, 2017

Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. It’s not just Snapchat, although there’s that. Don’t we know it.

Dollar Shave Club 321

Dollar Shave Club Cornerstone OnDemand Riot Games Venture Capital 321

TechCrunch LA

JANUARY 14, 2019

“The way I look at it… a lot of it is going to be like any kind of content studio,” says Peter Rojas, a partner at the New York investment firm Betaworks Ventures. Last year the company scored at least $6 million from investors, including Sequoia Capital , BoxGroup and other, undisclosed, investors. ”

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Social Media Content Media Artificial Inteligence 261

Both Sides of the Table

JUNE 17, 2017

Or you know the other one — the one where Snapchat lost $2 billion in just one quarter. Venture capital isn’t right for many business but if you do want to raise from a VC at some point you need to understand that often investors care more about growth than profits. They raised $5 million in venture capital to fund growth.

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Startup Venture Capital Sales Course 227

socalTECH

APRIL 3, 2018

Details on the rumored deal between Snap and Saudi Arabia have not been released, and it's unclear what, if any, investment by the kingdom would be made in Snap, the parent firm of Snapchat. READ MORE>>.

Southern California 113

Southern California Report Snapchat Venice 113

socalTECH

MAY 20, 2015

Venture capitalist David Lee , who was Managing Partner of seed and angel investing fund SV Angel , one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its Limited Partners on Tuesday. READ MORE>>.

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Angel Snapchat Venture Capital Los Angeles 100

socalTECH

MARCH 16, 2017

Earlier this week, Derek Norton , a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). That's the first time organized, institutional, managed capital is coming into a company, right after friends and family.

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Invest Funding Capital Startup 145

Tech Zulu Event

JANUARY 21, 2014

Snapchat, the messaging pioneer leads the charge with a staggering $123 million raised (and a valuation of $3-4 billion) even amongst a strange series of uncertainty surrounding their denial of Facebook’s $3 billion cash offer and security leaks.

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Los Angeles Angel Startup Snapchat 105

socalTECH

MARCH 24, 2016

The last time Forbes has placed a Southern California venture capitalist on the Midas List appears to have been in 2009, when Jim Gauer of Palomar Ventures made the list. READ MORE>>.

Southern California 100

Southern California SoCal Palomar Santa Barbara 100

socalTECH

OCTOBER 14, 2016

Southern California's venture capital totals dropped significantly in Q3 of 2016, to a mere $663.2M billion funding round for Snapchat. The most amount of investment came for the Los Angeles-Long Beach MSA, which saw $247.6M in investments in the quarter, followed by $197.5M for San Diego, then $189.0M

Southern California 100

Southern California Orange County Report Santa Barbara 100

socalTECH

JULY 15, 2016

billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. billion round for Venice based Snapchat. Nationally, venture capitalists invested $15.3 Southern California companies raised $2.49

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Southern California Marina Del Rey Venture Capital Company 100

socalTECH

FEBRUARY 16, 2018

Venice, California-based early stage, pre-seed investment fund and accelerator Amplify.LA has released its latest report on the state of the Los Angeles technology scene, saying that the city had a "landmark year". In the report, Amplify.LA

Snapchat 100

Snapchat Venice Los Angeles Report 100

socalTECH

AUGUST 8, 2018

the parent company of Snapchat , has raised $250M in the publicly held company from the Saudi royal family. Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M

Venice 100

Venice Snapchat .Net Invest 100

TechCrunch LA

SEPTEMBER 14, 2018

The world’s top tech companies have heavily invested in AR/VR and are persistent in broadcasting the technologies’ potential to blur the lines of how consumers interact with the digital world. Niko Bonatsos [ General Catalyst ] , Catherine Ulrich [ FirstMark Capital ] and Jacob Mullins [ Shasta Ventures ]. “[VR]

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UCLA Startup Snapchat Los Angeles 185

socalTECH

SEPTEMBER 14, 2016

It's often tough to figure exactly who the venture capital funds are who are funding startups in the area. Most recent investments: GOAT, cloudvirga, Vemba, LootCrate, Invoca. Most recent investments: EventBoard, Sensay, Shipt, Scopely, ALL DEF DIGITAL. Most recent investments: Ring, Flipagram, Snapchat.

Southern California 100

Southern California Dollar Shave Club Lootcrate Orange County 100

Both Sides of the Table

JANUARY 22, 2014

So common are founder tensions that my intervening is a weekly occurrence and it’s so common that if I ever write about it I’m sure that instantly every company I’ve invested in and every company in which I’ve been an informal advisor thinks I must be writing about them. And so is venture capital. FourSquare.

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Venture Capital Coach Writing SaaS 364

Tech Zulu Event

JULY 16, 2013

Venture Capital: Upfront Ventures. Previously known as GRP Partners, Upfront Ventures has focused on early stage investments since 1996. Fun Fact: Their latest investment was into LA-based Daqri – the augmented reality platform that has been used for campaigns with Cadillac and MAXIM Magazine. Social Media: Snapchat.

Startup 111

Startup Snapchat Venice Social Media 111