Wondering if venture capital is open for business? A new initiative has investors saying yes

A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to startups that are fundraising in the age of COVID-19.
Laurent Grill, one of the investors at Luma Launch (which is the corporate investment arm of the film studio Luma Pictures), has been working in the Los Angeles venture community building and backing startups for about a decade.Over that time, Grill has put together a fairly impressive rolodex, and in these times of uncertainty hes putting that rolodex to work.
Most startups are buckling in for a bumpy few months and making tough decisions about when, where and how to get the cash they need to keep their businesses going. While there have been a number of statements on Twitter from various investors about how theyre doing deals and open for business, Grill is making sure the community can be coordinated so companies no where to turn and investors can find businesses to back in an age of Zoom diligence.
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