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Postie , a new Los Angeles-based startup, has a vision for the future of advertising and marketing — and it’s direct mail. Unilever buys DollarShaveClub for reported $1B value. Neddenriep, served as the chief technology officer for Science — a role he’s continuing at Postie. Postie has raised $3.5
In another, stunning exit for Southern California's technology startup community, Los Angeles-based DollarShaveClub has been acquired from a reported $1 billion by Unilever. DollarShaveClub operates a subscription, razor and toiletries accessory business targeted at men. READ MORE>>.
Fans of Los Angeles subscription razor firm DollarShaveClub might have noticed a lot of the firm recently on television. Convertro said it has been working with Media Design Group , a direct response TV advertising agency, to help measure the efficacy of broadcast marketing. READ MORE>>.
Speakers include Marc Cuban; Nick Green, CEO and Founder of Thrive Market, which has raised $149 million in financing. Mike Jones, Founder of Science, which has invested in some of LAs top startups, like DollarShaveClub. Leura Fine, CEO and Founder of Laurel and Wolf and Sean Brecker, CEO of Headspace.
Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. Don’t we know it. It’s not just Snapchat, although there’s that.
Michael has been behind such companies as HelloSociety (acquired by New York Times), FameBit (acquired by Google) and DollarShaveClub (acquired by Unilever). Since we started Science six years ago, we've co-founded and invested in more than 70 companies and have exited multiple portfolio companies.
But one tech news story stood out for me — the fact that LA-based DollarShaveClub (DSC) was sold to Unilever for $1 billion. Because I work so closely with video companies I’ve been very vocal with startups I’ve backed about the need to invest in high-quality video to help support a brand.
The company's other acquisitions included the $1 billion acquisition of DollarShaveClub by Unilever, and the acquisition of HelloSociety by the New York Times. This is your third exit this year, including DollarShaveClub and HelloSociety. Are you still investing and creating new companies?
Our investment in PlayVS and the subsequent launch of their Season Zero high school e-sports platform was very exciting. I would love to see a stabilization of the public markets and crypto markets, however, there are some larger issues I am curious about that will deeply impact the technology industry.
Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. That great migration of companies and activity touches upon what is now… Read More.
In an age of ever increasing marketing spend to attract customers, how do you make sure you aren't spending more acquiring a company than they are worth? Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as DollarShaveClub.
seed investment in a new startup, Liquid Death , which sells a canned water brand whose tagline is "Murder Your Thirst". In a tongue-in-cheeck promotional video, Liquid Death says "don't fall for the marketing bull *, water is not yoga, water is LIQUID DEATH". startup, DollarShaveClub. has just made a $1.6M
Last week, Fika Ventures , LA's newest venture fund, announced its formation, led by tech investment veterans Tx Zhuo and Eva Ho. We sat down with Tx Zhuo to chat about the new fund, what investments it hopes to make, and what kind of entrepreneurs the fund is looking to invest in. Have you started making investments yet?
Today is a huge validation for Crosscut and continued faith that LPs that any national VC would covet are placing on the LA market and two great institutions – The James Irvine Foundation and Top Tier Capital – have underscored this by backing Crosscut. LA has grown up a lot over the past 5 years.
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