Liz Gannes

Recent Posts by Liz Gannes

Upfront Ventures Is the New GRP Capital, With $200M More to Invest

GRP Capital is now Upfront Ventures, it announced today. (The longtime Los Angeles-based venture capital firm was originally “Global Retail Partners.”) Upfront — whose recent investments include Maker Studios, DataSift and ZestFinance — is also moving to Santa Monica, and has raised a new $200 million fund.

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald