Rebranding Reinforces the Silicon Beach Incubator’s Unique Position as the Only Public Company in the United States Focused Exclusively on Building Technology Startups.
“SANTA MONICA, Calif., Oct. 24, 2012 /PRNewswire via COMTEX/ — INVENT Ventures, Inc. (“INVENT” – http://www.invent.vc ) – the only publicly traded venture firm focused exclusively on building startup web and mobile technology companies – today announced that it has completed its transition to INVENT with the change of its stock symbol to IDEA. The company’s former name was the Los Angeles Syndicate of Technology, and traded under the stock symbol LAST. INVENT continues to offer retail investors the only opportunity to invest in technology startups at the earliest stages of development, thereby offering dramatically higher potential investment returns than other pre-public instruments.
“We are the only public option for investors looking for pure-play technology startup exposure,” said Bryce Knight, CEO of INVENT. “This critical step in our rebranding effort emphasizes our focus on building self-proliferating, scalable and disruptive startups, and underscores our mission of becoming the conduit between Silicon Beach startups and retail investors…”