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Prism VentureWorks Shuts Los Angeles Office

Venture capital firm Prism VentureWorks has shut its offices in Los Angeles, according to a report Friday by peHUB. According to the report, the firm's Venice offices were shut to save money on overhead for the firm, with partner Gordie Nye continuing to work here out of his home office. Prism's SoCal investments include Mota Motors, Six Degree Games, ibeatyou, and Comedy.com.