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Catalog Collects $1.5M For AI Software For Visual Artists

socalTECH

in a seed funding round. The funding was led by Moonshots Capital, and also included Techstars and Luma Launch. The startup--led by Patrick Ip--develops software to automate the creation of custom visual content for brands. READ MORE>>.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Across more than 10 years we have kept the size of our Seed investments between $2–3.5 million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. In 2009 we could take a long time to review a deal. By 2021 we had to write a $3.5m

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

But like the company Kyriba, where we recently sold our position at above $1 billion, it took time until the revenue exceeded $100 million recurring and then the industry really competed to back this amazing company since it had scale, defensible technology and long-term, committed customers. Defensible IP becomes insanely valuable?

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How Catalog Is Helping SMBs Compete Against Big Brands

socalTECH

in a seed funding round. The funding was led by Moonshots Capital, and also included Techstars and Luma Launch. We caught up with Catalog's co-founder and CEO Patrick Ip , along with co-founder Jacobo Lumbreras , to learn more about the startup. What's your background? Yoy, for the last three years on the technical side.

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How Halla Is Using AI To Personalize Food, With Spencer Price

socalTECH

in seed funding, from E&A Venture Capital and SOSV. At the end of the day, we help retailers make smarter recommendations to their customers, which leads to better business. Spencer Price: The customer experience with e-commerce has become less and less human, as algorithms on digital platform replace human interaction.

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

Even when you do sign-up initial customers it’s still not clear that your company will be a success and you’re still likely paying yourself under market rates. There is often money to be made in finding places with under-valued IP. We looked at the IP and realized it was highly differentiated / hard to replicate.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). You have a large number of startup customers (because when markets crash they have a funny way of going bankrupt quickly or cutting burn precipitously).

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