LA Venture Podcast: David Fleck Of FreeFlow Invests In Caltech Startups
I deeply appreciate David's approach to life and work. On this episode of LA Venture, hear Fleck talk about founding FreeFlow in order to invest in startups coming out of Caltech that have the potential to improve our world.
- Freeflow Venture Firm Launches to Back Caltech Startups - dot.LA ›
- Miramar Digital Ventures' Bruce Hallett on Venture Capital - dot.LA ›
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Streaming is sidelining TV pilots. That's one of the findings in a pair of new reports released Wednesday by the nonprofit that manages most of L.A. County's film-permitting process.
The reports document the pandemic and how the rise in streaming services are changing the film production world and challenging California's place in it.
- Film and TV Production Could Drop 80% in Los Angeles - dot.LA ›
- Shahid VIP Streaming Service Set to Launch in North America - dot.LA ›
Forty-five minutes in traffic won't get you very far in Los Angeles. But Virgin Hyperloop estimates it will be able to get you from Los Angeles to San Francisco in that time.
The Richard Branson-owned company unveiled its hyperloop concept video Wednesday, just two months after the company's first tested its design with passengers. Traveling several hundred miles per hour in a pressurized tube is no longer a vision of the far-distant future — Virgin Hyperloop engineers want to make it a reality in less than 10 years.
Bracket Capital, a Beverly Hills-based investment management firm focused on acquiring secondary shares in later-stage tech companies like SpaceX and Bird, announced Wednesday it has raised nearly half a billion dollars in equity.
The firm will split the cash between two funds, a traditional $150 million fund and another $350 million one that will co-invest alongside other firms.
Rather than buying stakes directly in startups, the firm said 80% of its shares come from snapping up existing shares. Those often come from early employees – tired of waiting for their company to go public – who are looking to cash out some of their equity so they can buy a house or pay for tuition.
- Quid Raises $320M to Help Tech Employees Cash Out - dot.LA ›
- Fidelity Reportedly Seeks to Unload Bird Shares at a Loss - dot.LA ›