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.” I mean, in a real fund-raising process?

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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. According to Apax Digital, the new funding will go to expand Revolution Prep's offering and to increase access to its online tutoring services.

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Funding Santa Monica Equity Services 200

TechCrunch LA

APRIL 26, 2022

Food Rocket has taken an unconventional route, striking a funding deal with Alimentation Couche-Tard Inc. The new $25 million in Series A investment, led by Alimentation Couche-Tard via its Circle K Venture Fund, will enable Food Rocket to deliver in 26 countries and territories, including more than 7,000 U.S.

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Funding Demand Los Angeles Competition 246

TechCrunch LA

APRIL 28, 2020

Soros Fund Management, the financial investment vehicle led by famed investor George Soros, is placing a small, $13.2 Despite slowdowns, Shao said that his business is relatively recession proof, because of its availability to government funds and the status of public transportation as a vital part of a city’s infrastructure.

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Funding Pricing Los Angeles Customer 267

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.

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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

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. “Nextbite is a portfolio of delivery-only restaurant brands that exist only on UberEats, DoorDash, and Postmates.”

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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. Creadev led the Series A that also included Proof Ventures and B. Riley Financial. The new investment joins with a $4 million seed round raised in May.

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Funding Los Angeles Invest Examples 186

TechCrunch LA

AUGUST 16, 2020

Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. With that in mind, the Watertower Ventures group, which launched in 2017 with a small, $5 million fund, is a return to those roots. “I see two things happen.

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Funding Southern California Los Angeles Invest 230

L.A. Business Journal

AUGUST 23, 2021

Manhattan Beach-based Fisker Inc. is lining up capital to start production on a second electric vehicle in late 2023 after unveiling a debt offering of $625 million.

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Manhattan Beach Startup Funding Capital 279

L.A. Business Journal

JANUARY 26, 2021

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

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TechCrunch LA

MAY 31, 2022

It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15 billion — and its first fund is “ranked as one of the top 5% of VC funds globally,” while the second fund is in “the top 10% of their respective vintage years.”. Tell me about the traction from your previous funds.

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Startup Professionals Musings

JULY 11, 2021

Every funding term sheet is followed by a set of milestone commitments, which should not be considered optional suggestions. Funding can be pulled, and future distributions withheld, if objectives are not met. Investors will expect at least one seat on the board, and expect a board report from you each month on key items.

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Funding Startup Entrepreneur Report 173

TechCrunch LA

JULY 19, 2022

million in new funding for its predictive inventory recommendation platform, joining other similar companies, including Zippedi and Inventa. The company raised $5 million in equity last November from Equal Ventures and Eniac to give it $28 million in total equity and debt funding. Last week, Syrup Tech raised $6.3

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Product Funding Technical Review Equity 191

Both Sides of the Table

JUNE 28, 2018

This is why so many great LA funds like Upfront, Greycroft and B Capital Global have all backed Bird. Bird is the natural evolution in billion-dollar++ outcomes in LA. But it is even more rare for a company to do that while also scaling its revenue at such an impressive clip and with no paid customer acquisition.

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Santa Monica Funding Startup Course 256

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 billion in assets under management. It has also come to the realization that the investment vehicles they’re currently managing have one huge blind spot — climate-related technologies.

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Funding Demand Los Angeles Invest 240

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

Both Sides of the Table

JUNE 22, 2021

Like any enterprise sale, you want to think from the perspective of the buyer and what they need to feel confident about the decision to buy a stake or ownership in your fund. Research everyone who has raised a comparably-sized fund and find out who backed them? OK, so you’ve found your target LPs who invest in funds at your stage.

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Sales Startup Invest Funding 375

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

Startup Professionals Musings

JULY 5, 2023

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Separately at this stage, you may look for small funding amounts from angel investors , called seed investments. Funding or rollout stage. Don’t waste your resources on the wrong ones.

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Startup Funding Organization Incubator 122

L.A. Business Journal

OCTOBER 18, 2021

Tatyana Dyshlova and Max Spielberg loved working side by side at Redwood City-based gaming giant Electronic Arts Inc.

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Electronic Arts Funding 200

L.A. Business Journal

OCTOBER 6, 2021

Westwood-based startup CarbonBuilt Inc. has raised $10 million to further develop and market its technology that reduces carbon dioxide emissions by injecting the gas into concrete.

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Funding Marketing Startup Technology 254

Startup Professionals Musings

OCTOBER 19, 2022

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.

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Funding Startup Outsource Development Satisfaction 141

Both Sides of the Table

SEPTEMBER 10, 2021

And as a result of this there are now very robust secondary markets where founders and seed-funds alike are selling down their ownership long before an ultimate exit. If we wanted to we could have sold > 2x the fund easily in the secondary markets with significant upside remaining. of the fund.

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Venture Capital Writing Invest Pricing 471

Both Sides of the Table

FEBRUARY 12, 2019

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. As you can see below the number of seed funds shot up dramatically between 2006 and 2014. It’s very noticeable in terms of funds raised, dollars invested and deals completed.

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Venture Capital Invest Seed Funding Startup 328

Both Sides of the Table

DECEMBER 11, 2022

You had the entry into our ecosystem of hedge funds, cross-over funds, sovereign wealth funds, mutual funds, family offices and all other sources of capital that drove up valuations. In a world when LPs benchmark VC performance on a 3-year time horizon from deploying one’s fund (is your 2019 fund in the top quartile!!??)

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Venture Capital Startup Marketing Pricing 466

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. In addition to the funding, Good Eggs is also announcing that it has hired Vineet Mehra as its chief growth and customer experience officer.

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Southern California Orange County San Diego Commerce 318

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. that plays a leading role in funding in the Central Coast of California. It literally drove FOMO. My first ever investment as a VC was Invoca.

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Venture Capital Capital Funding Startup 363

L.A. Business Journal

JULY 12, 2021

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

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Artificial Inteligence Santa Monica Platform Funding 340

Both Sides of the Table

SEPTEMBER 15, 2022

million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. So we largely sat out fundings of NFTs or other areas where we didn’t feel like we were the expert or where the valuation metrics weren’t in line with our funding goals.

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Venture Capital Marketing Technical Review Seed Funding 416

TechCrunch LA

NOVEMBER 11, 2020

At a national level, the United States received more VC funding for impact tech companies than any other country in the past five years, with investors pumping $35.8 market in September after closing a $360 million funding round in April and acquiring Silicon Valley-based startup Evolve Energy. billion into U.S.

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Venture Capital Press Invest Research 357

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

Startup Professionals Musings

JANUARY 21, 2023

The average length of a funding pitch to angel investors is ten minutes. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes. The biggest complaint I hear from fellow investors is that startup founders often talk way too long, and neglect to cover the most relevant points.

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Slides Funding Technical Review Startup 147

TechCrunch LA

JUNE 10, 2021

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 At the time of its last funding round, Klarna announced its GiveOne initiative to support planet health. The new valuation represents a 47.3%

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Los Angeles Funding CIO Marketing 266

Both Sides of the Table

FEBRUARY 6, 2019

Yes, VC / Startup Funding is up Massively If you look at how much VC firms have raised from Limited Partners (LPs) over the past 2 decades you’ll see that we’ve returned to a level that we haven’t seen since 1999. Taken together these “mega rounds” represent nearly half of the funding in 2018. More on that later.

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Venture Capital Capital Startup Funding 292

Both Sides of the Table

OCTOBER 26, 2020

I’ve become fond of saying “if I had a dollar for every person who told me just how much they loooooved Kara Nortman, I’d have a 10x fund.” Our industry needs more female leaders and they shouldn’t have to all quit their respective firms and raise their own funds to get a shot at running things. Does This Mean You’re Retiring?

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Venture Capital Startup Invest CitySearch 361

L.A. Business Journal

AUGUST 19, 2021

Software company Nacelle has raised $50 million in a Series B funding round.

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Software Funding Company Companies 290