TechCrunch LA

SEPTEMBER 30, 2019

Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up. “It’s one thing to help people with budgeting. .

Company 262

Company Companies Startup Tips 262

Startup Professionals Musings

AUGUST 14, 2014

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos.

Competition 93

Competition Startup Patents Slides 93

Tech.Co

SEPTEMBER 25, 2015

From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals.

Competition 122

Competition Mobile Startup Technical Review 122

TechCrunch LA

NOVEMBER 24, 2020

million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist on the banking business. With $90 million in deposits and $18.25

Los Angeles 237

Los Angeles Venture Capital Capital Customer 237

Startup Professionals Musings

DECEMBER 21, 2013

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Fresh customer base. New management skills. Marty Zwilling.

Organization 97

Organization Competition Startup Acquisition 97

TechCrunch LA

FEBRUARY 3, 2021

Good Eggs says that in the past year, revenue has grown to the nine figures (more than $100 million), hired more than 400 employees and nearly doubled its customer base. In addition to the funding, Good Eggs is also announcing that it has hired Vineet Mehra as its chief growth and customer experience officer. Image Credits: Good Eggs.

Southern California 318

Southern California Orange County San Diego Commerce 318

Startup Professionals Musings

FEBRUARY 14, 2021

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos.

Competition 166

Competition Funding Startup Patents 166

socalTECH

FEBRUARY 4, 2013

DogVacay , the online peer-to-peer marketplace which helps pet owners find dog sitters, has been one of the favorites of local Los Angeles investors, having picked up funding from such firms as Science Inc., Andreessen Horowitz, Baroda Ventures, Benchmark Capital, First Round Capital, and others.

Competition 159

Competition Funding Los Angeles Capital 159

TechCrunch LA

AUGUST 29, 2019

When ProGuides pulled the covers off of its service earlier this year, the young Los Angeles-based startup intended to give gamers a way to train with professional and semi-pro esports players from around the world. The LA-based company also has some venture-backed competition on the East Coast.

Coach 180

Coach Seed Funding Training Platform 180

Berkonomics

JUNE 2, 2022

Looking for an entrance into a VC, an angel group, a bank, a CxO for a sales opportunity, or any other entity? Are you working with or selling to a particularly important competitor to your target customer? Dropping that name will often immediately draw a response if the decision maker is curious or particularly competitive.

Ideas 156

Ideas Sales Competition Venture Capital 156

Startup Professionals Musings

SEPTEMBER 16, 2023

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

Startup Professionals Musings

JULY 13, 2022

You may feel good when that first burst of customers arrives, but don’t assume that “ word of mouth ” and those early adopters will grow your business to match your dreams of success. In these days of global competition via multiple channels, you need continuous marketing to find more customers. They won’t find you.

Technical Review 142

Technical Review Social Media Conference Customer 142

socalTECH

AUGUST 8, 2019

Los Angeles-based SUN thinks there is, and said on Wednesday that it is getting set to launch a new, shared scooter model in California. The company says that so far, it is offering up its scooter service in Los Angeles and San Diego. Is there room on your curb for (yet another) on-demand scooter company?

Demand 124

Demand Marketing San Diego Los Angeles 124

TechCrunch LA

AUGUST 9, 2022

Beauty may be in the eye of the beholder, but when it comes to getting ahold of an appointment for your hair or another treatment…that’s a different story: The bespoke nature of a lot of the work has meant that a large swathe of the professionals providing these services have stayed offline when it comes to interfacing with customers.

Help 195

Help Startup UCLA Tool 195

Both Sides of the Table

APRIL 19, 2011

Since selling Matt has gone on to become one of the smartest angels I have seen operate. He is very hands-on and helpful – especially for any company looking into customer acquisition. Later they became big business in Financial services lead-gen. o Put a timeframe/money – competition in the picture.

Acquisition 304

Acquisition Startup Customer Custom 304

socalTECH

JANUARY 24, 2019

A new, Los Angeles-based startup, Wheels --founded by the founders of dog walking marketplace Wag--has jumped into the crowded "last mile" transportation fray, saying it has raised $37M and launched its services in San Diego. READ MORE>>.

San Diego 113

San Diego Southern California Entertainment Competition 113

Startup Professionals Musings

NOVEMBER 28, 2020

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Tips 161

Tips Startup Social Media News 161

TechCrunch LA

OCTOBER 28, 2020

The investment firms and executive teams behind the Los Angeles-based delivery liquor delivery company, Saucey , along with Inception Companies, the backer of marijuana distribution company, Emjay , have formed Pacific Consolidated to merge their two companies and build what’s likely the largest “vice” company in the world. .”

Company 188

Company Companies Los Angeles San Diego 188

Startup Professionals Musings

JULY 2, 2022

As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. Proactive marketing is a marketing strategy that focuses on one objective – to generate customers now. My conclusion either way is that they have no market, or haven’t looked.

Entrepreneur 153

Entrepreneur Marketing Customer Custom 153

Startup Professionals Musings

DECEMBER 24, 2012

Every new startup I know dreams of being funded early by one of the 318,000 active Angel investors in the USA alone. Most of these investors are members of Angel groups that have a rigorous filtering and screening process, to select the top 3% and most fundable proposals. Remember the old adage that “investors fund people, not ideas.”

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

SEPTEMBER 4, 2020

As an entrepreneur, I understand your passion when pitching your solution to investors and customers, but passion alone won’t make one more technology pitch stand out above all the rest. Good relationships are the primary basis for trust in business, leading to supportive investors, loyal customers, and effective partnerships.

Startup 145

Startup Competition Customer Custom 145

Startup Professionals Musings

OCTOBER 16, 2023

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Project your cash burn rate to keep at least 18 months between venture capital or angel investments. Marty Zwilling

Startup 116

Startup Pricing Sales Statistics 116

Berkonomics

AUGUST 3, 2023

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. Professional angels: This is the arena where I work and play. There is a lot to say about retaining control.

Venture Capital 295

Venture Capital Startup Class Invest 295

Startup Professionals Musings

AUGUST 2, 2012

These days, I’m hearing more and more that Location-Based Services (LBS) are entering the mainstream for mobile users, but I’m not sure why. Marketers see it as a better way to target customers, but the current consumer offerings have been slow to deliver. See who checks into your competition. Understand the competition.

Services 82

Services Competition Mobile Entertainment 82

Startup Professionals Musings

APRIL 7, 2021

Every entrepreneur’s first priority should be the alignment of interests across the range of constituents required for success – partners, investors, customers, vendors, and employees. If you have had to pivot from the consumer market to enterprise customers, that requires new pricing models and new sales channels.

Social Media 143

Social Media Startup Framework Course 143

TechCrunch LA

DECEMBER 31, 2022

We decided to take a look at two cities that were at the forefront of the e-scooter revolution – Los Angeles and Paris. A survey among customers who were registered with five different shared e-scooter apps in Norway in the fall of 2021 found that in all circumstances except for night rides, e-scooters most often replace walking.

Los Angeles 257

Los Angeles San Pedro Santa Monica Study 257

Startup Professionals Musings

AUGUST 2, 2015

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

Berkonomics

JULY 5, 2018

Even small community service-providers can be sold to buyers hungry to get into a business already in revenue with a steady customer base. Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors.

Class 226

Class Email Competition Entrepreneur 226

Startup Professionals Musings

APRIL 18, 2021

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Contact key vendors and existing customers. This will cover the technology, the current state of development, and customer satisfaction.

Technical Review 152

Technical Review Startup Satisfaction Summary 152

Startup Professionals Musings

APRIL 17, 2022

As a long-time business advisor and angel investor, I’m a believer that “two heads are better than one” in building a new business. The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Conflicting visions won’t work. Believe in similar values and goals.

Software Review 154

Software Review CTO Hire Outsource Development Startup 154

Startup Professionals Musings

NOVEMBER 4, 2011

Every new startup I know dreams of being funded by an angel investor. Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Get your Internet domain name and website.

Invest 99

Invest Angel Technical Review Summary 99

Startup Professionals Musings

OCTOBER 29, 2022

Angel investors, like me, have long figured out that asking to see the prototype is a quick way to separate the ‘wannabes’ from serious players. With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

Startup Professionals Musings

JUNE 25, 2014

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

JUNE 3, 2023

A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give. I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors.

Organization 92

Organization Incubator Startup Resource 92

Both Sides of the Table

OCTOBER 3, 2013

and there was certainly less competition from everybody pitching local merchant solutions. We spent a year (2012-2013) building a merchant acquisition machine and all of the systems to support bookings, calendar integrations, location services, etc. That is what we set out to solve at MyTime. With smart phones everybody does.

Development Team Review 324

Development Team Review Course Mobile Writing 324

Startup Professionals Musings

DECEMBER 9, 2019

With the advent and popularity of crowdfunding platforms, including Kickstarter and IndieGoGo , as a winning alternative for funding your new venture, I find that many aspiring entrepreneurs are confused about the need to ever seek a professional angel investor. In the real world, most angels are regular business people like you and me.

Funding 119

Funding Startup Platform Examples 119

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282