SOURCE: LaughStub LLC

LaughStub LLC

April 15, 2010 18:10 ET

LaughStub Selected to Join Launchpad LA

LOS ANGELES, CA--(Marketwire - April 15, 2010) -  LaughStub.com announced today that it has been selected for inclusion in Launchpad LA (www.launchpad.la). LaughStub will participate in the six month program that brings together Southern California's best venture capitalists and most experienced startup entrepreneurs and executives who are committed to working with 10 early-stage companies to get the guidance and relationships needed to help take their businesses to the next level. 

Launchpad LA, a mentorship organization designed to help early stage companies in Los Angeles, was created a year ago to help the area's most promising young companies get the mentorship and funding they need. The program allows entrepreneurs to work intimately with senior executives at Los Angeles's best technology and media companies, as well as partners in local venture capital firms. In addition, Launchpad LA also provides entrepreneurs with pro bono guidance from entrepreneurial friendly, hand selected service providers to assist them with legal advice, executive recruiting support, founder dating, public relations and more. This year, the program is expanding to offer educational programs taught by real practitioners from LA and across the country covering all aspects of building a startup.

LaughStub is a wordpress like engine for live entertainment venues. The product takes care of the unique set of needs that venues have, including a custom website with online ticketing, sales and revenue reports, box office software, customer database management, marketing tools, CRM, print at home tickets, and more. Venues get a free complete system to handle everything on the ticketing side of their business and LaughStub charges a reasonable consumer service fee on all the venues' tickets. In LaughStub's first quarter, it has signed 37 venues to do their full time ticketing.

"LaughStub is one of the most promising young companies in Southern California, and we are excited to have the opportunity to help play a role in its success," said Mark Suster, founder, Launchpad LA. "Companies accepted into Launchpad will receive education, advice, and connections with successful individuals, companies and top venture capitalists in Southern California."

"We are very excited to be a part of Launchpad. We believe the connections and mentorship are going to help us achieve everything we're setting out to do," said Scot Richardson, LaughStub founder.

About LaughStub

LaughStub is a ticketing and marketing engine for comedy clubs. Comedy Clubs can get a laughstub powered website that does ticketing, stores customer data, allows for intelligent remarketing, and has a backend that comes with reports, box office software, and marketing tools. The company's website, LaughStub.com, offers local show recommendations, comedian profiles, online ticketing and listings for venues, comedians and shows. LaughStub currently has contracts to provide full time ticketing for 37 venues across the country. For more information, visit www.laughstub.com.

About Launchpad LA

Launchpad LA is a mentorship organization designed to help young entrepreneurs based in Los Angeles get the guidance and relationships needed to help take their companies to the next level. It combines the best venture capitalist in Southern California, many experienced CEOs and a very select group of service providers who are committed to working with early-stage companies. Launchpad LA was founded by Mark Suster (2x founder & CEO, VC at GRP and author of www.BothSidesoftheTable.com), who runs the program with Adam Lilling (3x founder & CEO including Pentagon Music acquired by Virgin and BiggerBoat backed by First Round Capital and Tim Draper) and Joshua Roth (3x startup CTO including Viva Group (dba Rent.com/eBay) and NTI / Blackboard, 1x founding CEO of Amuzu). For more information, visit www.launchpad.la.

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