ADVERTISEMENT
  • About
  • Contact
  • Testimonials
  • Demographics & Advertising Rates
Wednesday, January 27, 2021
Search
    Generic filters
    California Business Journal
    57 °f
    Los Angeles
    55 ° Thu
    52 ° Fri
    53 ° Sat
    56 ° Sun
    58 ° Mon
    56 ° Tue
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      law swirl stairs

      Down and Dirty

      284 RUdQVDAwNTEuanBn

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      electric vehicle charging station 2

      The Electrification of Transportation

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

    • Law
      LLC

      What Is an LLC and How Does It Work Exactly?

      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

    • News
      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Businessman stressed with lost data

      Important Facts About Recovery Point Objective (RPO) in Your Business

      101-5 Benefits of Solar Energy in Florida

      5 Benefits of Solar Energy in Florida

      homeowners-insurance1

      5 Ways to Lower Your Homeowner’s Insurance Costs in California

      Stock market success

      5 Facts About Storefront Lenders

    • Health & Fitness
      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      law swirl stairs

      Down and Dirty

      284 RUdQVDAwNTEuanBn

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      electric vehicle charging station 2

      The Electrification of Transportation

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

    • Law
      LLC

      What Is an LLC and How Does It Work Exactly?

      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

    • News
      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Businessman stressed with lost data

      Important Facts About Recovery Point Objective (RPO) in Your Business

      101-5 Benefits of Solar Energy in Florida

      5 Benefits of Solar Energy in Florida

      homeowners-insurance1

      5 Ways to Lower Your Homeowner’s Insurance Costs in California

      Stock market success

      5 Facts About Storefront Lenders

    • Health & Fitness
      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    Search
      Generic filters
      California Business Journal

      Venture Capital Corner: Phillip Sarofim and PS Ventures

      by Annette DuBois, Staff Writer, California Business Journal
      A A
      2S6A4767 1mb - Venture Capital Corner: Phillip Sarofim and PS Ventures
      Share on FacebookShare on Twitter
      Phillip Sarofim is founder and CEO of PS Venture
      Phillip Sarofim is founder and CEO of PS Venture

      Successful venture capitalists share a number of core common characteristics: keen intuition to scope out trends, recognize talented entrepreneurs, and identify smart investment opportunities.

      Ideally, they have a combination of startup and operating experience to appreciate the challenges entrepreneurs face at each stage of growth. They are also fair-minded, patient and bring to the table a combination of strong creativity and execution mindset.

      Phillip Sarofim possesses all of the aforementioned traits.

      Sarofim is founder and CEO of PS Ventures, a privately-held investment firm with a portfolio that includes a variety of companies spanning Enterprise Software, Security, Financial Technology, Renewable Energy, Consumer Packaged Goods (CPG) to Entertainment industries.

      PS Ventures focuses on early to mid-stage companies and centers upon scalable revenue ramping opportunities with $2 million to $5 million annual revenue run rates.  It also considers late stage and pre-IPO opportunities on a selective co-funding basis.

      “While the majority of our focus is on a company’s ability to generate cash flow, pre-revenue companies often times fall on the company’s radar for consideration,” says Sarofim, who was recently appointed to the Advisory Board for Century City private equity firm Skyview Capital, LLC, which is among PS Ventures’ strategic investment partners.

      “A key part of our strategic objective is committing to invest in companies that positively impact the country and the world,” he adds. “I am a big believer in minimizing human impact on the planet and leaving the world a better place than when you entered it.”

      Several of Sarofim’s California investments reflect this credo:

      • EQtainment is an ed-tech and edu-media platform aimed at enhancing the social and learning skills of growing children with an array of apps, games, music and kids programming;
      • HopSkipDrive is a community ride service designed to help transport kids safely; Legacy Pioneers is a technology company dedicated to providing education, training and support to students studying abroad in all areas of career development;
      • Pavemint, an innovative parking app that transforms private property into public parking opportunities while generating revenues for registered property owners, cutting traffic time for drivers and reducing emissions and greenhouse gasses for cities and rural communities.

      A stage 2 Hodgkin Lymphoma survivor, Sarofim is a fierce supporter of cancer research through a number of medical facilities, including the breast cancer research department at Cedars Sinai Medical Center and the American Cancer Society. His commitment to children is reflected by his support of renowned charitable organizations Make-A-Wish Foundation and Operation Smile.

      2S6A4711 1mb - Venture Capital Corner: Phillip Sarofim and PS VenturesAlso committed to environmental quality, Sarofim is a supporter of Tree People, an organization that unites Southern California citizens to plant and care for trees, harvest the rain, and renew depleted landscapes throughout the region. Continuing to maintain associations to his hometown, Sarofim is a contributor to the Texas Children’s Hospital and donates his time as a member of the board for the Houston Police Foundation, as well as Houston’s Alley Theater and Emancipation Park.

      Related

      101-5 Benefits of Solar Energy in Florida

      5 Benefits of Solar Energy in Florida

      January 26, 2021
      homeowners-insurance1

      5 Ways to Lower Your Homeowner’s Insurance Costs in California

      January 26, 2021
      Load More

      At PS Ventures, “we strive to add value beyond investment capital,” he says. “We work with founders and management teams to pro-actively engage in developing corporate strategies with a capital efficient approach.”

      His experience has taught him that things often times don’t turn out as expected, and in many cases a company’s success depends on the founder or management team’s ability to overcome challenges and course correct quickly.

      “Venture capital at its core is sourcing quality investment opportunities in both new and evolving markets,” he says. “As a result, picking good investments often times boils down to judging the entrepreneur’s passion, vision and drive to create something new. In short, PS Ventures invests in people that have real vision, show true grit and are capable of executing.”

      Sarofim is not focused on building companies to flip. “We engage in companies with long-term strategies to de-risk the investment journey,” he says. “Often times this means iterating on market fit before building strong cash flows while at the same time developing stage appropriate operational processes and procedures.”

      ADVERTISEMENT

      Copyright © 2018 California Business Journal. All Rights Reserved.

       

      Tags: 2018AmericanCaliforniacancerCEOchildrendevelopmenteducationenergyentrepreneurentrepreneursenvironmentalfocusfundingHoustoninvestmentinvestmentsLLCmedicalmusicPhillip Sarofim is founder and CEO of investment firm PS Venturesportfoliorenewable energyRideskillsSkyview CapitalSouthern CaliforniatechnologyTexasTraffictraining

      Get real time update about this post categories directly on your device, subscribe now.

      Unsubscribe
      ADVERTISEMENT
      Previous Post

      BRINGING INNOVATION TO AN ANTIQUATED SPACE

      Next Post

      KEE INSIGHT

      Annette DuBois, Staff Writer, California Business Journal

      Annette DuBois, Staff Writer, California Business Journal

      WHAT TO READ NEXT

      Businessman stressed with lost data
      Education

      Important Facts About Recovery Point Objective (RPO) in Your Business

      January 26, 2021
      101-5 Benefits of Solar Energy in Florida
      Education

      5 Benefits of Solar Energy in Florida

      January 26, 2021
      homeowners-insurance1
      Education

      5 Ways to Lower Your Homeowner’s Insurance Costs in California

      January 26, 2021
      Stock market success
      Education

      5 Facts About Storefront Lenders

      January 26, 2021
      What a Legalization of Sports Betting Approval Would Mean for California's Economy
      Education

      What Legalization of Sports Betting Approval Would Mean for California’s Economy

      January 25, 2021
      How to Boost Your Resume in a Competitive Job Market
      Education

      How to Boost Your Resume in a Competitive Job Market

      January 25, 2021
      Next Post
      tk - KEE INSIGHT

      KEE INSIGHT

      Follow Us

      ADVERTISEMENT

      Categories

      • Art & Culture
      • Business
      • Editor's Choice
      • Education
      • Featured
      • Finance
      • Food & Dining
      • Health & Fitness
      • Human Interest
      • Insurance
      • Law
      • Marketing
      • Medical
      • News
      • People
      • Popular
      • Real Estate
      • Social Media
      • Technology
      • Uncategorized

      CBJ Partner Firebrand Media

      Laguna Beach Independent Newspaper

      Laguna Beach Magazine

      Laguna Beach City Guide

      On The Menu Laguna Beach

      Newport Beach Independent Newspaper

      Newport Beach Magazine

      Newport Beach Country Club Magazine

      Coastal Real Estate Guide (NB,LB, CDM)

      Montage Magazine

      Monarch Beach Resort Magazine

      Pacific Coast Magazine (SoCal)

      Omni Escapes Hotel Magazine

      Sea Island Life Magazine

      Salamander Hotel & Resorts Magazine

      Bespoke Concierge New York

      Evans Hotels

      View our entire portfolio here

      ADVERTISEMENT
      ADVERTISEMENT
      Facebook Twitter LinkedIn LinkedIn Instagram
      C B J   LOGO  SVG-01
      • About
      • Contact
      • Testimonials
      • Demographics & Advertising Rates

      Newsletter

      Top Stories

      • Judge gavel, scales of justice and law books in court

        Lawsuit Basics: How Much Does It Cost to Sue Someone?

        0 shares
        Share 0 Tweet 0
      • REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000

        0 shares
        Share 0 Tweet 0
      • Who is part scientist, inventor, anthropologist, explorer, designer, engineer, architect, reporter, journalist, museum curator, travel guide, therapist, teacher, trainer and athletic coach?

        0 shares
        Share 0 Tweet 0

      Latest Articles

      Businessman stressed with lost data

      Important Facts About Recovery Point Objective (RPO) in Your Business

      January 26, 2021
      101-5 Benefits of Solar Energy in Florida

      5 Benefits of Solar Energy in Florida

      January 26, 2021
      homeowners-insurance1

      5 Ways to Lower Your Homeowner’s Insurance Costs in California

      January 26, 2021

      California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
      ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
      Site Design by 1REALTOUR

      Search
        Generic filters
        • Front Page
        • Business
          • Insurance
          • Real Estate
        • Finance
        • People
        • Featured
        • Technology
        • Law
        • News
        • Human Interest
          • Food
          • Art & Culture
        • Education
        • Health & Fitness

        California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
        ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
        Site Design by 1REALTOUR

        Do NOT follow this link or you will be banned from the site!