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Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

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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. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 102
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Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy

Xconomy

Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. As of the end of 2015, Pernix reported a headcount of 274. million in net revenue last year, its highest sales mark since becoming a public company in 2010, according to its annual report.

Sales 40
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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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CapLinked Goes Mobile | Announces New Features For iPad To Put Virtual Data Rooms on Notice

Tech Zulu Event

CapLinked, Cloud-based enterprise platform for deal management and investor reporting, Wednesday announced a new suite of enterprise features in a move to take transactions mobile. The new features launched include business tools for reporting, file management, discussions and first-of-its-kind functionality for managing deals on an iPad.

Mobile 91
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Test Your Business Model Against These 10 Elements

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. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 97
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. I could go on-and-on with all of the sales-blocking messages you will hear when you try to charge for a product. That is $12 million in profits over 3 years. Who are your competitors – how much do they charge?&#.

Services 332