Los Angeles Syndicate of Technology
1930 Ocean Ave, Santa Monica, CA, 90405, United States
Overview
Los Angeles Syndicate of Technology, Inc. (OTC: LAST) is a publicly traded Startup Incubator that builds web and mobile technology companies. LAST provides retail investors with their first opportunity to participate in the extremely lucrative world of startup tech investing normally limited to VCs and Silicon Valley Insiders. The LAST structure allows investors to access early stage tech venture capital by investing in our diversified and professionally managed portfolio, and provides exciting dividend return potential along with the liquidity of a publicly traded stock. LAST's investment process begins with incubating ideas and seed financing the initial product. LAST then builds tailored management teams and help raise growth capital to launch each product into the market. LAST has made six investments to date and the portfolio is currently valued over $10 million.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Automotive
- Finance
- FinTech
- Incubators
- Venture Capital
Investment portfolio
- REVENUE.com
Led · Seed · May 2012
Virurl operates a platform that helps advertisers promote content virally by paying users to share links in exchange for points redeemable for rewards or cash. Advertisers upload the content they want to promote, set a campaign budget and a cost-per-click rate, and users browse and share via social networks or email. In its alpha stage the company attracted more than 40,000 registered users who each have more than 100 Facebook friends, and more than 1,000 content marketers applied to advertise. Any proceeds from Facebook clicks are donated to a charity of the user's choice. The company launched a public beta while announcing it had raised $1.2 million in seed funding. The model has drawn some criticism as "slightly icky," though users sharing content must disclose that it is sponsored. MSNBC.com founding editor Merrill Brown is joining the company as chairman.
Team
No current team members are available.