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Wearable technology has come a long way.

The Apple Watch — often touted as a way to help people monitor their steps and sleep — may soon be able to check your blood sugar levels, making it more akin to a medical device.

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After closing its first fund in December with $25 million in dry powder, VamosVentures, which bills itself as the first Latinx-owned venture fund to focus on Latinx and other diverse founders, decided it could stretch its ambitions.

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On this week's episode of the L.A. Venture podcast, meet Omar Hamoui, a partner at Mucker Capital. Hamoui is the founder of AdMob, a cornerstone of modern mobile advertising. He discusses being one of the first apps in the app store, and early negotiations with Steve Jobs. Hamoui also talks about how entering the venture world was difficult both then and now, despite his early success selling AdMob to Google for $750 million.

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