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Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called the Alliance for SouthernCalifornia Innovation has just released a report to analyze how SoCal can work to assume its pole position.
There''s been a lot of activity over the past two years in the SouthernCalifornia accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. But, how successful have they been?
What was SouthernCalifornia's technology community most interested in 2012? venturecapital exits in. 2011, showing a reduced number of exits--but more IPOs--in venture backed companies. Ten of SouthernCalifornia's Top Software Companies - Also in November, we published. As part of our.
We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in SouthernCalifornia''s technology ecosystem. Sam Teller ,LaunchpadLA (Los Angeles, incubator). Ashish Soni , USC (Los Angeles, incubator/university). Ophir Tanz , GumGum (Los Angeles, advertising).
Steve Poizner: The Alliance is a new nonprofit, whose mission it is to bring together a lot of the amazing, unique assets of SouthernCalifornia. We are devoted to the mission of supercharging SouthernCalifornia's technology ecosystem, and help it emerge as a world class technology hub by 2025.
And no wonder, lately he and his partners are on a tear, investing out of their $200+ million VC fund. We sat down for an hour to talk about why what GaiKai built was able to overcome its much better funded rival and to dispel the myth that great engineering teams don’t exist in SouthernCalifornia. Not bad, hey?
Add another startup accelerator to the growing list of SouthernCalifornia startup accelerators: this time, from the University of SouthernCalifornia's Viterbi School of Engineering. SouthernCalifornia--and Los Angeles, in particular--appears to become the hub of startup accelerators lately.
he's been spinning out of his incubator. What's the idea behind the incubator? So, I set out a little bit in an ad-hoc way starting companies as ideas came to me. Now, we're turning into a formal incubator. However, we're very different than most incubators, in that we only do big data.
Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venturecapital firms to place bets on young companies are increasingly starting to take notice. New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the […].
Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venturecapital firms to place bets on young companies are increasingly starting to take notice.
But, how are those accelerators doing so far in terms of attracting capital and attention to SouthernCalifornia startups? For our first measure, we tabulated the venturecapital raised by accelerator firms --that is, companies that are tied to local accelerator/incubators. Of that, $97.47
This past December I spent a week in Boston to try to get to know some of the local VC’s and entrepreneurs a bit better. One of the meetings I had (organized by my good friend Jeff Yolen ) was with New Atlantic Ventures held the at the CIC, aka the Cambridge Innovation Center (no prizes for guessing where it’s located).
The school said it started the accelerator because entry-level and accelerator opportunities in SouthernCalifornia have "always been sparse", complaining that most graduates that ultimately spin-out and launch their own startups do so for the most part in regions other than SouthernCalifornia.
I've been reading or hearing quite a bit about how startups these days don't take nearly as much capital to create as they used to. If that's actually true, then it creates New Rules Of Technology VC. What used to cost $1M now takes $100K. Hopefully, they know some Angels personally.
Managing Director, Incubic Management (a venturecapital fund in Mountain View, CA). Tuesday, January 24, 2012 -- Milton Chang, Ph.D., Entrepreneurship Course, 2012 Guest Speaker Lectures, Henry Samueli School of Engineering, UC Irvine. Free and open to the public.
The accelerator is one of nearly a dozen startup accelerators in some stage of formation in the SouthernCalifornia region to emerge in recent months. On the venture side, Greg Martin of Archer VentureCapital and Rick Smith of Crosscut Ventures are among the investors associated with Start Engine.
After launching a study to identify how tech hubs work, the leader of a nonprofit consortium created to boost SouthernCalifornia’s startup ecosystem says he is focusing on three initiatives to supercharge the seven-county SoCal region as a hotbed for innovation.
I've also worked with startups in SouthernCalifornia, including TouchCommerce, and I was with them when they were on their first round of funding. I moved to SouthernCalifornia in 1992, when Microsoft transferred me to here. My big clients were Disney, Nestle, Toyota, all the big SouthernCalifornia companies.
Launchpad is a virtual incubator and accelerator, where we put companies in and give them quantitative and qualitative feedback and mentorship. There was also a fair amount of early stage investment, more so than in the past few years, which is a really positive sign. VC in the OC is really the first product of that merger.
Over the past several years there have been a plethora of incubators and accelerators springing up all over southernCalifornia and particularly on the west side of Los Angeles. SoCal Tech. LAVA (Los Angeles Venture Association). Here is a list of useful resources to help you in your search: News & Resources.
Erik Rannala: We haven''t so much made a shift, in a sense that we''re doing what we''ve always been doing, which is seed stage investing in companies. erik rannala muckerlab accelerator startup venturecapital entrepreneur interview accelerate incubateincubator investment' READ MORE>>.
Chris Dixon , September 12, 2010 My most useful career experience was about eight years ago when I was trying to break into the world of VC-backed startups. I applied to hundreds of jobs: low-level VC roles, startups jobs, even to big tech companies. I got rejected from every single one. Some have made the model work. and chartbeat.
Erik Rannala: MuckerLab is a new startup accelerator, focused on incubation stage Internet, software, services, and media businesses here in LA. You were most recently in venturecapital, what drove you to move down here to Los Angeles and start this up? Erik, thanks for the time.
The accelerator--just one of the many accelerators to emerge in SouthernCalifornia in recent weeks--also said it has added John Maataa, the COO of the CW; Hayward D. Fisk, former VP and General Counsel of Computer Sciences Corporation; General Merrill A.
has realized that much of the activity in startups related to content is centered closer to Hollywood and SouthernCalifornia's entertainment industry. The accelerator actually has been running a program in San Francisco, however, it looks like Warner Bros. READ MORE>>.
That program is a partnership of the University, Kleiner Perkins Caufield and Byers, which is a top tier VC firm, and United Talent Agency, the premium talent agency. Those three organizations have very strong networks inventure capital, entertainment, and academia, and put together the incubator. READ MORE>>.
The City of Ventura and the Ventura Chamber of Commerce invite you to mingle with movers and shakers of the growing local Ventura VentureCapital scene! Come meet our venturecapital partners and local business leaders. Other Guests – VC experts from prominent legal, accounting, and banking firms.
Wild times in SouthernCalifornia—VC firms contracting and incubators/accelerators exploding! You can’t turn around in SoCal without running into new incubators. Ben Kuo at SoCal Tech did us all a big favor by publishing his Complete Guide to SouthernCaliforniaIncubators.
Lawrence Ng , the former founder of Oversee.net--who is now running an asset management company called LNG Management--has linked up with New York City-based venturecapital firm Metamorphic Ventures. According to LNG Management, Ng has become an advisory board member for Metamorphic Ventures. READ MORE>>.
This coming week the tour is making two stops in SouthernCalifornia, one in San Diego, CA on June 15 and another in Irvine, June 16. So if you are a Startup in SoCal or maybe even a company that has been around a while but have a new product that is launching, this is something you don't want to miss.
There seems to a perpetual shortage of local venturecapital investors in the region, despite the huge growth in startup activity here, particularly along Silicon Beach. We''re now trying to tie into the local universities, incubators, and other centers of entrepreneurship. That said, we still need investors here. READ MORE>>.
An intensive 3-hour course on how to think about, plan for, prepare and execute a capital raise for your startup. Includes a detailed review of local incubators, vc's and angels. Taught by Jon Funk, a 25-year LA vc veteran. See [link] (more)
We spoke with Kevin Winston, the organizer of Silicon Beach Fest (www.siliconbeachfest.com), which is currently going on in Santa Monica and runs through Saturday, about the energy here in SouthernCalifornia, as well as a little bit about what''s going on with the event this year. There are a lot of women entrepreneurs and VC.
Over the last few years, there''s been an explosion in startup accelerators in SouthernCalifornia, and in particular along "Silicon Beach" on the Los Angeles westside. incubatorincubate accelerate interview entrepreneur capitalventure startup accelerator muckerlab rannala erik' READ MORE>>.
We caught Rahul in a more serious conversation, and spoke to him about his venture funded, location-based information startup and what it's up to, as well as got the story behind the firm's incubation at Clearstone Ventures. How did the incubation part come about?
Their mission: to support a charity, savor the hot SoCal nightlife, and transform Los Angeles into the startup capital of the world. s tech scene by the city’s own incubator-accelerator Be Great Partners. Although the Startup Genome Project named Los Angeles the No. 3 startup ecosystem in the world, with L.A.
Thursday, March 1, 2012 -- LA CEOs, an education and support group for CEOs presents: VCs, Angels, Accelerators and Incubators. This presentation will address the latest trends and differences in VCs, Angels, Accelerators and Incubators. John also led VC firm GKM Ventures and co-founded LAunchpad LA.
They were very small shcools--he went to Cate, which is inland from Ventura in the Santa Barbara area, and I went to The Thacher School, and we both ended up at the University of SouthernCalifornia. Form there, we got interest from incubators, angel investors, and venturecapital.
There are a couple of companies that have already done fundraising whereas at a normal incubator non of them would have even started.”. Launchpad LA was founded by prominent VC Mark Suster of GRP Partners in 2009, and invests in each company that is accepted into the program. “I think the model works well,” said McCann.
The USC Viterbi Startup Garage , the startup accelerator that is part of the University of SouthernCalifornia, has scored backing from the Amazon Alexa Fund , the venture investment arm of Amazon that invests in startups using Amazon Alexa. Financial details of the investment by the Amazon Alexa Fund were not announced.
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Exciting times in the SouthernCalifornia tech community. K5Launch announced a new accelerator program that provides promising technology startups with a three-month intensive accelerator program for entrepreneurs in SouthernCalifornia. SoCal is home to some of the greatest startup success stories.
Meet Tech Executives, Entrepreneurs, Inventors, Angel/VC Investors, Joint Venture Partners, Deal Makers, Start Up Mentors, CTC and 101 Incubator founders. Bring your friends and join CTC members for loads of fun, games, great food and drinks (5-6pm earlybird specials!) Hear new Fast Pitch and Kickstarter proposals.
On Thursday, May 20, 2010, Calit2 will unveil a new technology business incubator located in the institute's building at UC Irvine. Marc Averitt, Okapi VentureCapital; Douglas Crawford, QB3 Garage; Michael Guiliana, Knobbe Martens; Stephen Jenks, UCI/Hiperwall; Matthew Jenusaitis, OCTANe; and Jacob Levin, UCI.
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