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A-Grade Investments
A-Grade Investments is a venture capital firm founded in 2010 by actor Ashton Kutcher, entertainment manager Guy Oseary, and billionaire investor Ron Burkle to invest in technology start-up companies. The company is headquartered in Los Angeles, California. Founding and partners Ashton Kutcher, Guy Oseary, and Ron Burkle had invested in private equity deals individually, then, in 2010, formed A-Grade Investments to invest in technology startups as a group. In 2012, Kutcher, Oseary and Burkle raised additional capital A-Grade from several billionaires, including David Geffen and Mark Cuban. On May 1, 2013, onstage at TechCrunch Disrupt NYC, Kutcher and Oseary confirmed rumors that the fund was valued at over $100 million. In March 2016, ''Forbes'' published a comprehensive article on A-Grade Investments, entitled "How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb," with Kutcher appearing on the cover of the magazine, which became ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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SoundCloud
SoundCloud is an online audio distribution platform and music sharing website that enables its users to upload, promote, and share audio. Founded in 2007 by Alexander Ljung and Eric Wahlforss, SoundCloud is one of the largest music streaming services in the world and is available in 190 countries and territories. The service has more than 76 million active monthly users as of November 2021. SoundCloud offers both free and paid memberships on the platform, available for mobile, desktop and Xbox devices. SoundCloud has evolved from a traditional online streaming platform to an entertainment company. History SoundCloud was established in Berlin on August 27, 2007, by Swedish sound designer Alexander Ljung and Swedish electronic musician Eric Wahlforss, and the website was launched on October 17, 2008. It was originally intended to allow musicians to collaborate by facilitating the sharing and discussion of recordings, but later transformed into a publishing tool for music distribu ...
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Financial Services Companies Established In 2010
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assess ...
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Companies Based In Los Angeles
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Venture Capital Firms Of The United States
Venture may refer to: Arts and entertainment Music *The Ventures, an American instrumental rock band formed in 1958 *"A Venture", 1971 song by the band Yes *''Venture'', a 2010 EP by AJR Games * ''Venture'' (video game), a 1981 arcade game *''Venture'', a strategic card game by Sid Sackson Film * SS ''Venture'', a ship in ''King Kong'' and its 2005 remake * SS ''Venture'', an InGen-owned ship featured in '' The Lost World: Jurassic Park'' Other uses * ''Venture'' (TV series), a Canadian business television show Magazines * ''Venture Science Fiction'', defunct US science fiction magazine * ''Venture'' (magazine), a management magazine Business * Business venture * Venture (department store), a defunct discount department store operating across Australia * Venture Corporation, a Singapore firm * Venture Stores, a former retail chain Transportation * Chevrolet Venture, a General Motors minivan * Yamaha Venture, Yamaha touring motorcycles * Siemens Venture, fam ...
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SmartThings
SmartThings Inc. is an American home automation company headquartered in Mountain View, California with a software development center in Minneapolis, Minnesota. Founded in 2012, it focuses on the development of eponymous automation software and an associated array of client applications and cloud platforms for smart homes and the consumer Internet of things. Since August 2014 SmartThings has been a subsidiary of Samsung Electronics. SmartThings cites its platform as having 62 million active users, a number it claims increased 70% through 2019 and 2020. History SmartThings was conceived by co-founder and once-CEO Alex Hawkinson in the winter of 2011. Hawkinson tells that his family's unoccupied mountain house in Colorado was extensively damaged by water pipes that first froze and subsequently burst resulting in some $80,000 worth of damage. Hawkinson noted that he could have prevented the damages had he known what was happening inside the house. Through 2011 and 2012, Hawkinson a ...
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Gyft (app)
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nearly a third of all U.S. debit cards. First Data has six million merchants, the largest in the payments industry. The company handles 45% of all US credit and debit transactions, including handling prepaid gift card processing for many US brands such as Starbucks. It processes around 2,800 transactions per second and $2.2 trillion in card transactions annually, with an 80% market share in gas and groceries in 2014. First Data's SpendTrend Report is a key shopping metric for national news networks such as '' WSJ, USA Today'', ''ESPN'', ''The New York Times'', Vox Media, and ''Bloomberg''. In October 2015, First Data returned to public markets, selling 160 million shares in the New York Stock Exchange’s biggest IPO of that year. On Janu ...
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Nest Labs
Google Nest is a line of smart home products including smart speakers, smart displays, streaming devices, thermostats, smoke detectors, routers and security systems including smart doorbells, cameras and smart locks. The Nest brand name was originally owned by Nest Labs, co-founded by former Apple engineers Tony Fadell and Matt Rogers in 2010. Its flagship product, which was the company's first offering, is the Nest Learning Thermostat, introduced in 2011. The product is programmable, self-learning, sensor-driven, and Wi-Fi-enabled: features that are often found in other Nest products. It was followed by the Nest Protect smoke and carbon monoxide detectors in October 2013. After its acquisition of Dropcam in 2014, the company introduced its Nest Cam branding of security cameras beginning in June 2015. The company quickly expanded to more than 130 employees by the end of 2012. Google acquired Nest Labs for US$3.2 billion in January 2014, when the company employed 280. As of l ...
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Summly
Nicholas D'Aloisio (born 1 November 1995) is a British computer programmer and internet entrepreneur. He is the founder of Summly, a mobile app which automatically summarises news articles and other material, which was acquired by Yahoo for $30M, according to allthingsd.com, but the price wasn't officially disclosed. D'Aloisio is the youngest person to receive a round of venture capital in technology, at the age of 16. D'Aloisio was more recently the founder of a startup called Sphere that was acquired by Twitter in October 2021 for an undisclosed sum, and received $30M of venture capital investment from Index Ventures and Mike Moritz. He is also a student at Oxford University, where he graduated from the BPhil in Philosophy in July 2021 and now is undertaking the PhD (DPhil) course. D'Aloisio has had seven papers accepted for publication or revision & resubmission in peer-reviewed journals. Early life and education D'Aloisio was born in Melbourne, Australia. Having spent some ...
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Socialcam
Socialcam was a mobile social video application for iPhone, Android and Windows Phone, that was launched March 7, 2011 and ended October 28, 2015. It allowed users to capture and share videos online and on mobile, as well as via Facebook, Twitter, and other social networks. By July 2012, the application passed 16 million downloads and was acquired by Autodesk for $60 million. Socialcam was founded by Michael Seibel, Ammon Bartram, and Guillaume Luccisano. Its facility was located in San Francisco, California, US. Functionality Socialcam was well known for the following functionality: applying filters to video, applying themes and soundtracks to video, and smooth integration with Facebook. Socialcam's eventual goal was to replace the default camera app on all smartphones. Investors Socialcam participated in the Winter 2012 class of Y Combinator (company) and raised funding from a large list of silicon valley and Hollywood angel investors. Brands on Socialcam In 2012, a large numbe ...
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GroupMe
GroupMe is a mobile group messaging app owned by Microsoft. It was launched in May 2010 by the private company GroupMe. In August 2011, GroupMe delivered over 100 million messages each month and by June 2012, that number jumped to 550 million. In 2013, GroupMe had over 12 million registered users. History Grouply, the app that would become GroupMe, was created in May 2010, at a hackathon at the TechCrunch Disrupt conference. Its creators, Jared Hecht and Steve Martocci, intended the app to replace email chains as a method of communication. After investors took notice of the app, Hecht and Martocci took a loan from Hecht's parents and began working on their app full time. The name was changed to GroupMe in August. The same month, GroupMe raised $85,000 from investors. The app was released on the App Store in October 2010. In January 2011, GroupMe received US$10.6 million in venture capital from Khosla Ventures, General Catalyst Partners, angel investors, and others. In Augus ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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