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SA&M Preccelerator Announces Addition of Len Lanzi as Managing Director

LOS ANGELES, Jan. 17, 2020 /PRNewswire/ -- The PrecceleratorA Program, a Santa Monica, California-based early-stage startup accelerator focused on technology and digital media startup companies, announced today that it has hired Len Lanzi, former Executive Director of the Los Angeles Venture Association, as its new Managing Director. The addition of Mr. Lanzi to the Preccelerator team will broaden the network and continue to strengthen its resources and commitment to the Southern California tech community that it has become well known for.Len said the following in connection with his new opportunity, "I am looking forward to this new challenge as the Managing Director of the Stubbs Alderton and Markiles' PrecceleratorA Program. My world got smaller and bigger at the same time. I will be focusing on specific startups that are part of the PrecceleratorA and my contacts and friends remain as relevant or more so in this new role."In 2018, Stubbs Alderton & Markiles expanded the Preccelerator office into a new space located at 1316 3rd Street Promenade, which both increased the co-working space for the in-house companies and increased event space. That same year, the Preccelerator and Stubbs Alderton & Markiles, LLP announced a change in the program, adding an investment of $50,000 into Preccelerator cohort companies. In 2012 Stubbs Alderton & Markiles launched the first-of-its-kind PrecceleratorA Program to provide select start-ups with co-working space, mentorship, sophisticated legal services, curriculum and access to a strategic perks portfolio with the objective of helping grow a founder's idea from business concept to a funded company. Over the past seven years, 46 diverse companies have graduated the Program, and most have received funding, with over $16M invested in Preccelerator companies in the aggregate.Scott Alderton, Managing Partner of Stubbs Alderton & Markiles and Chairman of the Preccelerator commented, "I have known Len for nearly 15 years, and worked alongside him on the Board of LAVA as he transformed that organization into the significant force within the technology ecosystem that it is today. The Preccelerator has reached an inflection point where it is now much more than a project of the law firm, it is a business of its own, and a meaningful contributor to the Southern California tech community. When we decided to hire a dedicated leader for the Preccelerator, I couldn't think of any greater candidate than Len. He was our first and only choice for the job, and we are thrilled to be working with him."About Stubbs Alderton & Markiles, LLP
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