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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

But I have been in close contact with the NVCA, many of the major law firms and many of the major VC firms. If your US-based business is adversely affected by Covid-19 such that you would need to lay off employees imminently and having access to capital would enable you to keep more employees on the payroll then you might be eligible.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest.

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Machinima Cuts 10 Percent More

socalTECH

The company said the layoffs come as part of an "increased commitment to premium programming". The layoff is not the first for Machinima, which also cut around 10 percent of its staff back in December. machinima venture capital content youtube network hollywood layoff jobs employment' READ MORE>>.

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Fisker Automotive Burnt Through $1.4 Billion

socalTECH

The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. billion dollars in private and public funds, according to Reuters. READ MORE>>.

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Nasty Gal Picks Up $12.7M

socalTECH

Nasty Gal has previously raised funds from Index Ventures. Nasty Gal founder Sophia Amoruso recently stepped down as CEO , and the company had some major layoffs last September. nastygal fashion executive retailer venture capital' READ MORE>>.

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Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

Why did you decide to move to venture capital? We had to do a reduction-in-force and layoff early in our career, and I thought we were done. I've been going through the startup journey, and just finished our Series D investment. That allowed me to take a step back, and relocate. Minnie Ingersoll: That's a good question.

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Syndio, With Co-Founder In LA, Snags $7.5M

socalTECH

The funding came from Voyager Capital and the Emerson Collective. Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity. Syndio's headquarters are in Seattle, but co-founder and Chief Data Scientist Zev Eigen is based in Los Angeles.

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