Money

On this week's episode of L.A. Venture, hear from Will Schmitt, the head of venture strategy at Miroma Ventures. Miroma Ventures is the investment arm of The Miroma Group, which is made up of a collective of smaller marketing agencies. Their venture team works with Fortune 500 companies like Spotify, Starbucks, Masterclass and Netflix to help build brand awareness and recognition.

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Hedge-fund billionaire investor Bill Ackman is getting a 10% share of one of the world's largest music companies, valued at $40 billion, and performing some Wall Street-styled gymnastics to do it.

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Sweetgreen, the Culver City salad chain that struggled last year, is going public.

The company announced Monday it has confidentially filed for an IPO. Earlier this year, the lunch chain raised $156 million at a $1.8 billion valuation. To date, it's pulled in over $671 million in venture capital.

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