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A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! How about young or pre-revenue companies? Many of the start-ups my various angel funds have financed died a slow death , not because of poor concept but because of poor execution, wasting fixed overhead and draining the financial resources from the company coffers.

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Robotaxis ‘do not belong in the city of Los Angeles,’ lawmaker says

TechCrunch LA

Robotaxi oversight is now a priority at Los Angeles City Hall. “The purpose of this press event is to send a very clear message about robot taxis, and say that they do not belong in the […] © 2023 TechCrunch. All rights reserved.

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Nothing negative about Positive Food’s meal expansion plan after $7M investment

TechCrunch LA

In 2018, co-founders Schuyler Deerman and James Chan started selling healthy meals at WeWork offices around Los Angeles out of giant Yeti coolers, standing around the kitchens during lunch time. “At At the time, Positive Food had its meals in 70 coffee shops around Los Angeles. Positive Food Co., Then the COVID pandemic hit.

Invest 175
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Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. They both raised angel / seed money of $1.5 See appendix if you want to know more on this.) This is the trade-off between profits & growth!

Startup 227
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Healthvana’s digital COVID-19 vaccination records are about communication, not passports for the immune

TechCrunch LA

Healthvana , a health tech startup that began with a specific focus on providing patient information digitally for individuals living with HIV, is helping Los Angeles County roll out mobile vaccination records for COVID-19 using Apple’s Wallet technology. “We look and feel like Instagram.

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Play the prologue of ‘Linda & Joan,’ a video game about the worst year of its creator’s life

TechCrunch LA

Quinn recalled returning to Los Angeles afterwards and “trying to unpack all of this trauma that had happened.” It sounds like the prologue is very different from the rest of the game, which will shift from sunny Los Angeles to “small houses in England.”

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Internet of Elephants launches Wildeverse, an AR game about endangered animals and conservation

TechCrunch LA

Though the game was intended to be played outdoors, the COVID-19 crisis forced the team to pivot, creating an option that lets people move about virtually using in-game controls, or walk around in more confined spaces. “All that collectively is about creating a connection between you sitting in St.

Education 176