Event: The Startup/ Venture Relationship With Clash and Seven Seven Six

Katherine Phan
Katherine Phan is dot.LA’s VP of Operations. Katherine has years of experience producing events, activations and summits working with startups to Fortune 500 companies in industries such as tech, film, television, fashion and lifestyle. Katherine holds a bachelor’s degree from UCLA. During her down time, she enjoys being an armchair expert in film and food.
Event: The Startup/ Venture Relationship With Clash and Seven Seven Six

What should be the relationship between every startup and their investor?

Last week, dot.LA hosted a Summer Series event that featured a discussion with Justice Tention, chief operating officer at Clash App, and Travis Mason, an operating partner at Alexis Ohanian's Seven Seven Six.

The event was hosted by STAY OPEN, a Venice-based firm transforming unused commercial space into affordable, socially engaging POD hotels and co-living properties, and it was attended by an exclusive list of investors, startup founders and technologists.

Mason says that the relationship between an investor and a startup starts with the rudimentary questions of what drives passion.

"Why do you want to spend the next 10 years of your life building X thing?" said Mason. "The answer to that question can tell you a lot about someone can tell you a lot about their leadership, and tell you a lot about why they're doing what they're doing. So diligence for us is really taking a test on on the founder their skills and the team skills."

Tention adds that the creator space has changed dramatically, moving from a place where everybody is attached to a platform to where now large audiences follow creators to other platforms.

"We think it's really important to build a team that understands the lived experience of the users," Tention said about what every investor looks for in a startup.

Stay tuned for this and other events from dot.LA.

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LA Tech ‘Moves’: Adtech Firm OpenX Lures New SVP, Getlabs and DISQO Tap New VPs

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Adtech Firm OpenX Lures New SVP, Getlabs and DISQO Tap New VPs
Photo by James Opas | Modified by Joshua Letona

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Miracle Miles Lands $100M, Fintech Startup Tapcheck Hauls $20M
Image by Joshua Letona

In this week’s edition of “Raises”: An L.A.-based footwear company closed $100 million to boost its expansion into the global market, while there were Series A raises for local fintech, biotech and space startups.

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