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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services. The next step, and a big part of what Evans and his team of 55 employees will work on building will be a developer ecosystem, so software designers can start building out new tools to sell through the Maestro platform.

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A heartbreaking story about time and money.

Berkonomics

Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. And professional investors often penalize the company with lower-priced down rounds or expensive loans as a result.

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United Dwelling is one startup building something to solve California’s housing crisis

TechCrunch LA

” Instead, Dietz and the architecture firm Modative collaborated on a new design for a pre-fabricated house. The nonprofit is designed to help low-income individuals find employment and get on the path to economic self-sufficiency, according to the company. Image Credits: United Dwelling (opens in a new window).

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Audi’s next all-electric vehicle, the e-tron Sportback, is a “coupé” SUV

TechCrunch LA

This is not a two-door car with a fixed roof and a sloping rear, although there are “coupé” elements in the design. There are design details repeated throughout the exterior, specifically the four-bar pattern in the headlamps, front grille and wheels. The base price of the Sportback is 71,350 ($79,000).

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10 Business Model Components Required In Every Plan

Startup Professionals Musings

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. I support her assertion that a business model consists of at least the following ten basic elements: Value proposition. What is the need you fill or problem you solve?

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?” Gross Profit (also called Gross Margin or sometimes “Net Revenue”). ” If you’re not profitable you’re purely a cost center to them.

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Wasted time is money lost.

Berkonomics

Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. And professional investors often penalize the company with lower-priced down rounds or expensive loans as a result.