TechCrunch LA
MARCH 27, 2021
Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 If Angi and Thumbtack are the places where homeowners go to find services and technicians, then ServiceTitan is where those technicians go to manage and organize their own businesses. Based in Glendale, Calif.,
Berkonomics
JANUARY 12, 2023
Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes with shock the high net profit that results – from shutting down all operations except customer service to recurring customers (as in software support operations.).
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socalTECH
SEPTEMBER 29, 2010
According to the S-1, the firm had a net loss of $8.3M Cornerstone OnDemand develops software-as-a-service, used by human resources and others to manage learning, career development, succession planning, and other corporate operations. Tags: software saas exit acquisition merger ondemand cornerston. on revenues of $29.3M
Both Sides of the Table
SEPTEMBER 28, 2014
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.
InfoChachkie
AUGUST 22, 2016
I had the honor of moderating a panel of three SaaS CEOs who have collectively raised nearly $40 million of venture capital and are on their way to breakout success: Reed Shaffner of Workpop , Jerry Jao of Retention Science and Ara Mahdessian from ServiceTitan. In ServiceTitan’s case, its appointments and service calls.
TechCrunch LA
OCTOBER 5, 2020
Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Mike’s team has done an incredible job growing the company thoughtfully and sustainably.
socalTECH
NOVEMBER 9, 2010
The firm, which is headed by Adam Miller, also updated its financials, saying it had a net loss of $31.39M on revenues of $32.57M for the nine months ended September 30, 2010. Tags: cornerstone ondemand merger acquisition exit software saas. Cornerstone OnDemand filed for an IPO in September. READ MORE>>.
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