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GRP Announces $200 Million Fund. Rebrands as Upfront Ventures

Both Sides of the Table

I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand. Let’s start with the fund. We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). This month we closed our 4th fund of $200 million.

Funding 343
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Dreamscape Immersive Raises $30M

socalTECH

Los Angeles-based Dreamscape Immersive , which is working on opening up physical "VR centers" across the country, said Wednesday that it has raised $30M in a Series B funding round. The company said it is hoping top open up its first location at the Westfield Century City Mall sometime next year. READ MORE>>.

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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

not near the beach): Factual, founded by Gil Elbaz who built AdSense [Century City]. Think about venture capital. Those that were around 30+ years ago never had to think about branding – there were hardly any other VCs. IA Ventures – Roger Ehrenberg was doing angel investing before he became a VC.

Startup 304
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Here’s How to Cancel a Meeting the Right Way

Both Sides of the Table

A few days before the meeting the CEO asked me to change the meeting to 11:45 because “he was going to be wrapping up a meeting in Pasadena at 11am” and it would take 45 minutes to get to Century City where my offices are. “No problem,” I replied. Within an hour of the meeting - The sky better be falling.

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Gil Elbaz On Factual's New Warchest

socalTECH

Last night, Santa Monica-based Factual (www.factual.com), the data provider and data tools firm, announced a big, $25M funding round from Andreessen Horowitz and Index Ventures. This is a pretty big round and is a lot of funding--what are you using it for? Gil, thanks for the time today.

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The Right Way to Cancel a Meeting

Both Sides of the Table

A few days before the meeting the CEO asked me to change the meeting to 11:45 because “he was going to be wrapping up a meeting in Pasadena at 11am&# and it would take 45 minutes to get to Century City where my offices are. &# No problem,&# I replied. We usually try to re-slot them in quickly. You better be eating humble pie.

Startup 346
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Want to Start a Technology Company in LA?

Both Sides of the Table

Funding is different – In Silicon Valley you have mega venture capital funds and many of them. They not only have gotten bigger but they have an amazing track record of funding the biggest names in the sector: Cisco, Apple, Google, Facebook. As a result many funds are OK with big bets.

Company 290