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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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When should you go for equity financing?

Berkonomics

In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. There is an exemption from the requirements that these investors be accredited with net worth or income minimums to qualify legally to invest in your company. Angel investment groups or funds.

Equity 156
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

To grow faster businesses need resources in today’s financial period to fund growth that may not come for 6 months to a year. The most obvious way to explain this is with sales people. Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. Understanding Profits.

Startup 418
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Interview with Alan Horsager, Episona

socalTECH

Where was the technology for this developed? For those who aren't familiar with the process, how is it that you're able to go to market so quickly with something like this without having to deal with a long FDA review? The onus for us is really about the technical validation of the assay. Is it repeatable, is it stable?

USC 100
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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So the people who invest in VC funds have two problems.

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Ten Top Funding Sources for Startups

Startup Professionals Musings

Self-funding from your savings is the preferred source of cash for your startup – if you have it. After bootstrapping, friends and family are the most common funding sources for early-stage startups. It’s not a quick solution, but the government and other funding agencies do not want ownership or interest payments from your company.

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