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Qualstar Continues To Look At Strategic Options

socalTECH

The company reported a net loss of $1.2 The company says it has been seeing competition in the data storage industry which has "create pressure" on maintaining market share, saying that "market headwinds" have been challenging the company. According to Qualstar, it had a loss of $0.4 million on revenues of $2.2M

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Rumors Swirl Around THQ

socalTECH

The rumors were denied by the company, although the firm said it has "made decisions to ensure that the company is strategically addressing the most attractive markets." Exactly what that means--the implication is a major realignment or layoff at the company--has not yet become apparent. READ MORE>>.

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Rumor: Cooking.com Slashes Staff, Seeks Buyer

socalTECH

The anonymous tipster said that an interim management team is now seeing to sell the company after a severe layoff by its investors.

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Sell when growth is high, even if cash flow is low.

Berkonomics

There are only two types of companies -those which have achieved positive cash flow and those which have not. While it is easy to divide all companies into just these two groups, this simplification ignores whether management has made a conscious, strategic choice about their growth. By John Huston.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In a larger public company, it’s all about making your quarterly numbers, versus investing in strategic growth alternatives that may not pay off until several quarters later. Get outside the company regularly to get feedback on future customer needs, emerging technologies, and the views of influencers and experts in the field.

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BetterWorks Shutting Down On May 31st

socalTECH

According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition.

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Autobytel Cuts 35 Percent Of Staff, Looks For Buyer

socalTECH

Autobytel said it has hired RBC Capital Markets to explore "strategic alternatives" at the firm, which usually indicates that a company is looking for a buyer. Autobytel provides marketing services for automotive dealers. Autobytel provides marketing services for automotive dealers. READ MORE>>

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