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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

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BetterWorks Goes From Feast To Famine With Layoffs

socalTECH

A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig. READ MORE>>.

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Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

What's the hardest part of being a startup entrepreneur? Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. Minnie Ingersoll: A few things, but most recently I started by own company, in 2013.

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10 Cash-Flow Surprises That Could Kill Your Startup

Startup Professionals Musings

The sad truth is that cash flow surprises kill many startups, even though they should have been adequately funded to survive. Your startup may be profitable, but broke. You can make profits without making any money, since the first priority of most startups is to reinvest everything back into the business for growth.

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Communications Via Text Send Only Part Of The Message

Startup Professionals Musings

Some people stand up and move around to be more dominant, maybe even threatening. But most business processes, like negotiating a contract, closing a sale, customer support, or managing employees, are much more complicated than just words. Later uncrossed arms and legs may be a sign of acceptance of your position or terms.

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Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

In the new business world, many entrepreneurs are so excited with large initial orders that they don’t anticipate the cash flow challenges that can quickly kill their startup. Your startup may be profitable, but broke. Seasonal sales fluctuations eat cash. Every startup has an unplanned pivot, and these all drain cash.

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Adam Scott | ScoreBig, Startups, and LA Tech

Tech Zulu Event

Adam has been in the startup business for a long time and knows his way around on running a business. Adam sat down with us to talk about startups, the LA scene, and his company ScoreBig. TechZulu: Where did you get the idea to start ScoreBig? ScoreBig also recently teamed up with United MileagePlus. What is ScoreBig?

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