Both Sides of the Table

MAY 13, 2018

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. an investment in your company. Somehow many first-time founders equate “sales” with something that is beneath them. This is where most founders err.

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Venture Capital Funding Startup Sales 332

socalTECH

OCTOBER 8, 2019

Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million.

Capital 213

Capital Funding Idealab Venture Capital 213

TechCrunch LA

OCTOBER 27, 2020

The 29 year-old CEO has, indeed, built a decentralized ghost kitchen — and managed to convince Softbank’s latest Vision Fund to invest in a $120 million round for that the company announced today. Ordermark logos for some of the company’s delivery-only restaurant concepts. Canters restaurant royalty raises $9.5

Funding 263

Funding Los Angeles Technical Review Training 263

socalTECH

SEPTEMBER 10, 2021

Fountain Valley-based Motive Companies, which provides renewable energy and infrastructure products, says it has made a strategic investment in GenXComm, a developer of dynamic filtering and Radio Frequency (RF)-photonics systems. GenXComm previously also received funding from Intel Capital, Azure Capital, and Bandgap Ventures.

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Invest Company Companies Capital 174

Both Sides of the Table

MAY 19, 2018

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Let me start out with my premise: “Data rooms are where fund-raising processes go to die.” against a broad range of similar companies.

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Funding Venture Capital Startup Email 336

socalTECH

JUNE 25, 2021

Santa Monica-based Revolution Prep, an academic testing and tutoring preparation company, has scored private equity funding from Apax Digital Fund. Size of the funding was not announced. The companies said that Revolution Prep has been in the business for over 20 years, and has served more than 1 million families.

Funding 200

Funding Santa Monica Equity Services 200

Berkonomics

OCTOBER 29, 2020

She stated that she had rejected the investment being discussed, because in her mind the entire company was “just a button, on a feature, in an app.” That comment sent me thinking about relevance, about longevity, and about market size for some of these entrepreneurial applicants looking for funding. Can you envision round two?

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Product Company Companies Ideas 226

TechCrunch LA

APRIL 28, 2020

Even as oil companies are getting crushed by the collapse of demand for energy in the wake of international shutdowns responding to the global pandemic, investors representing one of the world’s savviest financiers are placing a small bet on electric charging as the future of transportation.

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Funding Pricing Los Angeles Customer 267

TechCrunch LA

SEPTEMBER 30, 2019

Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up. “We think the company is quite a bit more valuable than [$1 billion]. .

Company 262

Company Companies Startup Tips 262

L.A. Business Journal

MAY 15, 2019

Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital.

Seed Funding 221

Seed Funding Artificial Inteligence Platform Burbank 221

TechCrunch LA

APRIL 26, 2022

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. At the time, the company raised $2 million, and Alexandrov said about the perceived competition, “The level of competition in this market in the U.S. In all, the company has raised $30 million to date.

Funding 246

Funding Demand Los Angeles Competition 246

socalTECH

JUNE 28, 2021

Newport Beach-based Ankona Capital, a new, venture capital company founded by Josh Harmsen, Brian Mesic, Newth Morris, and Jared Smith, has raised $66M in its first, venture capital fund. Ankona says its portfolio companies already include several companies, including Canopy, Cordial, GoSite, SOCi, VideoAmp, and Zingle.

Venture Capital 203

Venture Capital Capital Funding Invest 203

socalTECH

SEPTEMBER 27, 2021

A new program, run by the Alliance for Southern California Innovation, is looking to connect startups with Series A funding, according to the group. According to the two, the program recruits and selects top SoCal-based startups that have demonstrated clear market traction and provides introductions to leading venture funds.

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Southern California SoCal Funding Startup 197

TechCrunch LA

AUGUST 16, 2020

Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. We’re seeing a lot more companies that are starting up now as a result of a [the pandemic],” said Norton.

Funding 230

Funding Southern California Los Angeles Invest 230

TechCrunch LA

JUNE 28, 2018

Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016. in Los Angeles. “That worldwide reach is very important,” Grignon said.

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Hollywood Cloud Computing Netflix Google 254

TechCrunch LA

OCTOBER 29, 2021

Salted , a Los Angeles-based startup creating digitally native quick-service restaurant brands, brought in a new round of $16 million in Series A funding to continue its nationwide expansion. The company has over 200 employees, including kitchen staff, and recently opened its 19th location.

Funding 186

Funding Los Angeles Invest Examples 186

TechCrunch LA

JULY 24, 2019

The company founded by two former Bain consultants is the latest to take on the growing market for non-alcoholic intoxicants that use a combination of chemicals traditionally found in the marijuana plant to make their drinks. Marijuana soda startup California Dreamin’ wants to replace booze. million for their venture. ” .

Company 241

Company Companies Los Angeles Startup 241

TechCrunch LA

NOVEMBER 11, 2020

2020 is set to be a record year for London’s impact tech companies, which have received $1.2 San Francisco’s impact-based tech companies have also shown strong growth over the past five years, with the data revealing that VC investment into its impact tech companies has almost tripled (2.8 times) since 2015, compared to 3.1

Venture Capital 357

Venture Capital Press Invest Research 357

L.A. Business Journal

JANUARY 26, 2021

Personal finance technology company Albert Corp. has raised $100 million in a Series C round.

Funding 246

Funding Technology Company Companies 246

TechCrunch LA

MARCH 16, 2021

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House.

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SEM Commerce Los Angeles Funding 340

TechCrunch LA

MAY 31, 2022

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15

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Software Startup Funding Venture Capital 163

Both Sides of the Table

OCTOBER 7, 2014

My view: “Spending any time or energy trying to game the ‘definition’ of your round of fund raising is a total waste. There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.).

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Seed Funding Venture Capital Startup Entrepreneur 399

Both Sides of the Table

JULY 26, 2022

Considering that many of our funds are in the $200–300 million range, these returns were more meaningful than if we had raised billion dollar funds. Obviously the funding environment has changed considerably in 2022 but as early-stage investors our daily jobs stay largely unchanged. What do you do with a $650 million platform?

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Startup Venture Capital Writing Invest 408

TechCrunch LA

DECEMBER 15, 2020

That early vision resonated so well, that the firm has grown from managing one fund of $212 million to holding roughly $1.2 That’s why Smithies, a former employee at Neuralink and the Boring Company and most recently in charge of climate investing at BMW iVentures has joined the firm. billion in assets under management.

Funding 240

Funding Demand Los Angeles Invest 240

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. I often answer the same way … * “First, yes, nearly every corner of our market is over-valued. By definition?—?I’m dot-com bonanza.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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Santa Monica Funding Startup Course 256

L.A. Business Journal

OCTOBER 2, 2019

SpaceX is one of 14 companies awarded grants from NASA to boost the agency's mission to return to the Moon and to eventually land on Mars.

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SpaceX Funding Company Companies 240

TechCrunch LA

JULY 19, 2022

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa.

Product 191

Product Funding Technical Review Equity 191

TechCrunch LA

SEPTEMBER 23, 2020

” Struck Capital, which is currently investing out of a $55 million second fund, would not disclose the size of DiCaprio’s stake, but said that the investment is significant. DiCaprio has already made a number of investments in startup companies that have done very well for the Academy Award-winning actor.

Capital 188

Capital Funding Los Angeles Invest 188

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. The Valley has obsessed with a quick up-and-to-right momentum story because we were thought to live in “winner take most” markets.

Venture Capital 363

Venture Capital Capital Funding Startup 363

Startup Professionals Musings

JULY 11, 2021

These normally include what percentage of the company the investor now owns, how and when tranches of money will be delivered, and even how and when you can sell your own shares (liquidation preferences). Every funding term sheet is followed by a set of milestone commitments, which should not be considered optional suggestions.

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Funding Startup Entrepreneur Report 173

Both Sides of the Table

DECEMBER 11, 2022

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. Between 2006–2008 I sold both companies that I had started and became a VC. And it changed the culture. We all began to pray to the altar of the almighty valuation.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Both Sides of the Table

SEPTEMBER 15, 2022

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

L.A. Business Journal

JULY 12, 2021

Santa Monica-based analytics company Retina AI Inc. has raised $8 million in Series A funding for its artificial intelligence platform for consumer insights.

Artificial Inteligence 340

Artificial Inteligence Santa Monica Platform Funding 340

TechCrunch LA

SEPTEMBER 13, 2021

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15

Technical Review 296

Technical Review Software Review Invest Acquisition 296

TechCrunch LA

FEBRUARY 3, 2021

Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. It seems, however, that the company has found plenty of opportunity for growth while remaining focused on the San Francisco Bay Area.

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Southern California Orange County San Diego Commerce 318

L.A. Business Journal

MAY 26, 2021

a Glendale-based cloud cybersecurity company, has raised $10 million in Series A funding to continue to develop its security software. Britive Inc.,

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Glendale Software Funding Develop 327