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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? This happens slowly because while public markets trade daily and prices then adjust instantly, private markets don’t get reset until follow-on financing rounds happen which can take 6–24 months.

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Santa Monica Tech Community Grows, As Another Tech Law Firm Sets Up Shop

socalTECH

High tech startups--and the service providers who serve the industry--are continuing to cluster along Santa Monica's Third Street Promenade, as Stubbs, Alderton & Markiles LLP , one of the Los Angeles legal firms focused on the high tech market, announced a grand opening date for a new office on the 3rd Street Promenade.

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BLANKSPACES Set To Bring New Coworking Space To Santa Monica

socalTECH

Los Angeles-based BLANKSPACES , the coworking space run by Jerome Chang, is getting set to open up a second location in Santa Monica in the next week, along 2nd street. BLANKSPACES offers up everything from team offices to "virtual" offices, in a collaborative environment where startups can bump into other startups. READ MORE>>.

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Ontrak Shifts To NASDAQ Global Market

socalTECH

Santa Monica-based Ontrak , a developer of artificial intelligence and telehealth enabled, virtualized outpatient healthcare treatment, says it has upgraded to the NASDAQ Global Market, trading under the ticker OTRK. The company was previously listed on the NASDAQ, not the NASDAQ Global Market.

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WaiveCar Launches Ad Supported Car Sharing In Santa Monica, Venice

socalTECH

In an unusual twist for the car sharing market, a new, Los Angeles startup-- WaiveCar --said today that it has launched a new, mobile phone-driven car sharing program in Santa Monica and Venice, which lets drivers drive cars for free.

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Cornerstone OnDemand Names Chief Marketing Officer

socalTECH

Santa Monica-base Cornerstone OnDemand said late Thursday that it has named a Heidi Spirgi as the company's new Chief Marketing and Strategy Officer, to head up the firm's marketing functions.

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TECHSPO LA 2016 Technology Expo [ SANTA MONICA ]

Tech.Co

TECHSPO LA is a four day technology expo taking place June 13 – 16, 2016 at the luxurious Loews Santa Monica Beach Hotel, Santa Monica, California in the heart of Silicon Beach. Be prepared to be inspired, amazed and educated on how these evolving technologies will impact your business for the better.