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Real estate marketplace HomeLight closes $11 million deal

By Sindy Nanclares | VentureBeat

Marketplace for real estate agents HomeLight announced today that it took in an $11 million investment led by Zeev Ventures. The startup also announced that Oren Zeev will join HomeLight’s board. HomeLight says its technology “analyzes over 14 million transactions and reviews to determine which agent is best for you based on your needs,” while offering “unbiased” reviews, à la Yelp for real estate agents.

“Home transactions are the biggest financial decisions of most people’s lives, and our mission is to help those individuals find a trusted strategic advisor who can help guide them through the process,” said HomeLight CEO Drew Uher. “Our data-driven approach has already helped hundreds of individuals sell their home faster and for more money.”

SGVC founding partner Dovi Frances, Bullpen Capital, Montage Ventures, and Krillion Ventures also participated in the series A round. HomeLight has raised at least $15 million to date.

Read the Full Article Here on VentureBeat.

As iPhone Sales Slow, Apple Hangs On to its Mojo (AAPL)

By Lou Carlozo | Contributor | March 24, 2016

(excerpt)

Granted, Apple sold 74.8 million iPhones total in the last quarter of 2015. Cook has called that “an incredible number,” and he’s right. But Wall Street, so skilled at giving positive digits a negative twist, saw it this way: short of forecasts and the slowest sales growth in iPhone history.

“I wouldn’t say Apple has lost its mojo, but they’re definitely facing some issues that they need to address,” says Dovi Frances, managing partner of SGVC in Beverly Hills, California. “It’s natural for products to go through a life cycle of birth, growth and decline. Apple has already been through this with the iPod and the iPad.”

Read Full Article Here on US News

Twitter Stock Is Giving Investors the Jitters

By Lou Carlozo | Contributor | Feb. 19, 2016

(excerpt)

Dovi Frances, general partner of SGVC, an early-stage technology investor with offices in San Francisco, Los Angeles and Tel Aviv, says that Twitter is ‘experiencing an identity crisis.’ “A big part of resolving that is offering something – anything – that will attract teenagers. “They currently account for 25 percent of all consumers and will account for 40 percent by 2020, and guess what? They really don’t use Twitter nearly as much as the previous generation,” Frances says…

Read Full Article Here on US News