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Twistory Entertainment Being Sold In Asset Sale

socalTECH

Santa Monica-based Twistory Entertainment Studios , which had been a mobile game development and graphic novel design company, is being sold in an asset sale, according to auction company CMA Auctions. Twistory Entertainment was founded in 2009, and had developed Ouch! READ MORE>>.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383
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AeroVironment Names COO

socalTECH

Karklin had been Senior Vice President of the company since December of 2018. According to AeroVironment, he now oversees sales and business development, emerging businesses, product line management, engineering, manufacturing operations, program management, corporate quality and related support functions. READ MORE>>.

Sales 113
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By the Numbers: The Returns from Southern California IT IPO's 1995-2009

socalTECH

On March 10, socaltech.com profiled a study of the financial outcomes of 700+ southern California IT startups from 1995-2009 completed by Jon Funk of OceanRoad Partners and others. We have applied this methodology to the 67 IPO's completed from 1995-2009 by southern California venture capital-backed and self-financed IT companies.

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YAPI Finds Funding For Dental Software

socalTECH

According to YAPI, it will use the new funding to build out its account management, customer success, and R&D teams, plus bolster existing sales and marketing. The company said it has been adding more dental offices to its platform than any other period in its nine-year history, despite the pandemic, with its strongest quarter in Q2.

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Launchpad LA – 10 Startup Companies to Watch

Both Sides of the Table

Thursday night was the unveiling of the newest batch of Launchpad LA companies. The VC’s & executives were then asked to make “commitments&# (in writing) to 3-5 of the companies that they felt they could make some sort of contribution to. Have a look at the companies below.

Company 276
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Managing Sales and Maximizing Revenues

SoCal Tech Calendar

Monday, March 30, 2009 -- "The CEO's Guide to Managing Sales and Maximizing Revenues" TCOSC. In this difficult economic environment, it is more critical than ever that your organization is maximizing revenue from the sales organization.

Sales 100