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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. Founded in 2014, Glossier is widely touted as one of the earliest breakout successes of the DTC model, and raised its Series E last July at a $1.8

CTO Hire 197
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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

“Ok, so this guy can write a blog and source deals but can he make any money?” ” So it’s now March 2014 – 5 years since I started investing. At a minimum, I’m glad to have the “exit question” off my back in 2014. Getting Exits / Driving LP Returns: This was always the knock on me.

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On Launching a Brand – Upfront Ventures Four Months In

Both Sides of the Table

Be open & transparent (mimicking the greater social order changes that have come with blogs & social media). When he starts his blog I’ll let you know. So I put the blog on the back burner to stay focused on those busy times. But I miss blogging. You can follow Greg on Twitter here. Glad to be back.

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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. In 2014, Pernix, then based in The Woodlands, TX, acquired San Diego-based Somaxon Pharmaceuticals. As of the end of 2015, Pernix reported a headcount of 274. Those acquisitions helped Pernix reach $175.8

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How Boards Need to Evolve Over Time

Both Sides of the Table

By now you have many smart people around your board but probably people who don’t totally understand the nuances of your employees, customers, sales reps, marketing messages, technology challenges, competitors and strategic choices. how much energy to put into channel partners vs. direct sales. how to evolve our management team.

Startup 325
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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

And as Battery Ventures investor Sanjiv Kalevar noted in a blog post last year , the opportunity for software companies serving blue-collar workers is huge.

Glendale 271
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014.

Startup 383