The folks at Andreessen Horowitz may be the rock stars of venture capital these days. But a new fund with roots in online media and Y Combinator is looking to be the VCs for real rock stars, and movie stars, and TV stars, and celebrities of all stripes.
The fund's called #DominateFund and is run by general partners Ben Parr, formerly of Mashable, and Matt Schlicht and Mazy Kazerooni, founders of Y Combinator graduate Tracks.by, a music promotion service.
The group is, according to Tomio Geron of Forbes, raising a seed fund in the single-digit millions. So far, that's pretty standard stuff. What's different about #DominateFund is that it's tapping into a zeitgeist that's seen such celebrities as Ashton Kutcher become angel investors. The group is raising its fund in Hollywood, not from the Silicon Valley or New York rich or pension funds, as most other venture capitalists do.
To read the original article: #DominateFund raises Hollywood money for Silicon Valley investment
