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Los Angeles-based subscription razor startupDollarShaveClub has been sued by razor giant Gillette , which claims that DollarShaveClub is infringing upon Gillette's patents. Gillette said the lawsuit was filed in order to "protect Gillette's significant investment in razor technology."
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>>.
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.
Fans of Los Angeles subscription razor firm DollarShaveClub might have noticed a lot of the firm recently on television. Media Design Group has been working with DollarShaveClub to measure how well TV advertising is working for the company. READ MORE>>.
the startup incubator headed by former MySpace CEO Mike Jones, is reportedly raising another $30M in funding to put towards its startups. According to a report this morning, the fund will also invest in non-Science incubated startups. The startup studio is managed by Jones along with former Photobucket exec Peter Pham.
According to the newly created venture capital firm, it will focus on early revenue startups, focused on companies across both the consumer and enterprise sectors. The firm's founders have previously made investments in such companies as Chegg, DollarShaveClub, Ring, ServiceMax, and SolarCity, according to the venture firm.
There's been a lot of talk about the boom in Southern California's startup world. Driven by success in the sector, accelerators, serial entrepreneurs, and more, there are more startupsstarting and relocating here than ever. Recent investments: Fresh Dish , Urban Remedy , HelloInsights, TripleThread, DollarShaveClub.
Santa Monica-based startup studio Science Inc. The startup studio--which both incubates its own companies as well as works with startup founders to help accelerate their efforts--has backed such companies as DollarShaveClub , DogVacay , FameBit , EventUp , August Home , Hello Society , Playhaven , and Superfly Labs.
Los Angeles-based CAA Ventures , the venture capital arm of the Creative Artists Agency, has made an investment in a monthly delivery service focused on do-it-yourself (DIY) crafts. CAA''s fellow investor, Forerunner Ventures, is one of the investors in another local, monthly product deliver startup here, DollarShaveClub.
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.
Mike Jones, Founder of Science, which has invested in some of LAs top startups, like DollarShaveClub. Adam Goldenberg, CEO and Founder of JustFab, an online subscription fashion thats raised $249 million in financing. Leura Fine, CEO and Founder of Laurel and Wolf and Sean Brecker, CEO of Headspace. See [link].
Santa Monica-based startup studio Science is making a move into the world of Blockchain, saying on Thursday that it plans to run its own "initial coin offering" (ICO) worth up to $100M, to raise money to invest in blockchain-related startups that it will incubate. READ MORE>>.
Venture capital investment firm Shasta Ventures said Wednesday that it has promoted Sean Flynn --who has been key to that firm''s many investments in Southern California--to Managing Director. Flynn focuses on early-stage investments on mobile-enabled consumer Internet and enterprise software startups. READ MORE>>.
Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” My job as a VC isn’t to beat myself up or any other partner up for the one deal we didn’t do.
Los Angeles Mayor Eric Garcetti --who may be looking to a Presidential run in 2020--is launching a new nonprofit which looks to take his pro-innovation and pro-startup approach in Los Angeles, and takes it nationwide. Garcetti has started a new nonprofit, Accelerator for America , which will help fund "innovation investments" around the U.S.
Chicago-based venture capital investor Pritzker Group Venture Capital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. Pritzker says it has invested in such local companies as DollarShaveClub, Honest Company, and Hello Giggles.
Los Angeles-based startup studio Science Inc. has backed a startup, Plows & Mowz offering up an on-demand marketplace for snow plowing and lawn care. The investment is the first one announced since the successful acquisition of Science Inc. According to Plowz & Mowz, it has raised $1.5M since 2015. READ MORE>>.
Los Angeles based startup incubator/studio Science --which is behind such local startups as DollarShaveClub and DogVacay--has quietly raised $20M in a debt financing round, according to the companies. Science says it now has more than 150 people on staff working on its startups. READ MORE>>.
www.science-inc.com), the startup studio which has been behind such companies as DollarShaveClub, Famebit, HelloSociety, and many others. Three of our portfolio companies saw 3 big exits - HelloSociety was acquired by the New York Times, DollarShaveClub was acquired by Unilever, and Famebit was acquired by Google.
But one tech news story stood out for me — the fact that LA-based DollarShaveClub (DSC) was sold to Unilever for $1 billion. Michael has always impressed me since the days of the original launch video that was perhaps the best startup launch video of all time — 23 million views and counting. Congratulation.
www.science-inc.com), the startup �studio� led by former MySpace CEO and technology veteran Mike Jones , just saw its third acquisition out of its portfolio this year�the acquisition of FameBit by Google/Youtube. This is your third exit this year, including DollarShaveClub and HelloSociety. Mike Jones: We are.
Are you a startup looking to find funding in Southern California? 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.
Silicon Beach Fest is gearing up to showcase the most promising startups and visionaries from across LA’s growing startup entertainment ecosystem. More than 150 speakers include top executives from local accelerators, venture capitalists, entertainment powerhouses, brands, and emerging and established start-ups.
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.
Los Angeles-based Retina is using machine learning and artificial intelligence to figure out customer lifetime value (CLV) for such businesses as DollarShaveClub. How did you start the company? That's when I started my first company, ScaleFunder, which we spun out of the UC California system in 2012.
LA has grown up a lot over the past 5 years. This week Michael Dubin’s startupDollarShaveClub announced a $75 million funding round at a rumored $650 million valuation. Their first fund was mostly their own money but provided the necessary capital to fund a series of LA’s startup successes.
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?
Santa Monica-based startup studio Science Inc. seed investment in a new startup, Liquid Death , which sells a canned water brand whose tagline is "Murder Your Thirst". The startup is led by former Netflix creative director Mike Cessario. startup, DollarShaveClub. has just made a $1.6M
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