Remove Customer Remove Develop Remove Outsource Development Remove Venture Capital
article thumbnail

Don’t get hung up on early stage valuation.

Berkonomics

The first is of a 2004 startup that I cofounded and led the investment group for several early rounds, then VC rounds. The company had grown to forty employees and a healthy eight figure gross revenue run rate but has absorbed over $36 million of angel and VC money to do so, and without yet reaching breakeven. Lessons founders learned.

article thumbnail

ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

One customer assumed that poor usage rates at a particular station was due to a lack of EVs in the area, Terry recalled in a recent interview. Demand for ChargerHelp’s service has attracted customers and investors. million from investors Trucks VC, Kapor Capital, JFF, Energy Impact Partners and The Fund.

Incubator 287
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department. It was enough to get the attention of investors and at least two global OEMs as customers. Divergent can’t name the customers because of non-disclosure agreements.

Startup 251
article thumbnail

Don’t get hung up on valuation.

Berkonomics

The first is of a 2004 startup that I cofounded and led the investment group for several early rounds, then VC rounds. The company has grown to forty employees and a healthy eight figure gross revenue run rate, but has absorbed over $36 million of angel and VC money to do so, and without yet reaching breakeven.

Startup 179
article thumbnail

Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Using its proprietary printing technology, Relativity says it can slash the time it takes to develop a rocket from design to launch by up to two years. Relativity Space signs the satellite transportation company Momentus as a new customer. space industry. Relativity is building a 3D-printing rocket manufacturing hub in Mississippi.

article thumbnail

Interview with Dan Tamkin, Unified Dispatch

socalTECH

Back in 2003 and 2004, we were focused on the international market, and started outsourcing to India and the Philippines for call center services. In terms of tactics, we went from 20-odd people at the company to just three people, myself and two developers. Dan Tamkin: Veolia had been a customer of ours for awhile.

article thumbnail

One of the Biggest Mistakes Enterprise Startups Make

Both Sides of the Table

The most important way to sell a product for an early-stage business (or frankly any stage) is to have strong referenceable customers. How do you get referenceable customers? Your project is forked without a rollout organization, communications, measurement, integration and without turning sales into referenceable customers.

Startup 403