article thumbnail

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

There were, of course, those who used the opportunity to make a marketing push or pitch a story. Seegrid, a company that makes self-driving industrial vehicles for material handling, closed a $25 million growth-equity investment from G2VP. ” Layoffs in a time of COVID-19. I’m seeking something different.

Layoffs 136
article thumbnail

Websense To Move 470 Jobs To Texas

socalTECH

The move-- which was announced earlier this month by Texas Governor Rick Perry--comes after a concerted effort by Texas to convince Websense, and its new private equity owners Vista Equity, to relocate its headquarters. Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. Texas is providing a $4.5M

San Diego 170
Insiders

Sign Up for our Newsletter

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

article thumbnail

Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. Things have already plunged so quickly at the signal of a recession that insiders fear a lengthy bear market could hit crypto far more brutally than expected — tearing tokens to lows far below the highs of the 2017 bull run. Welcome back to Chain Reaction. crash redux.

article thumbnail

Interview with Greg Martin, LiquidStock

socalTECH

Grega longtime veteran of venture investingalso shared his thoughts on the current pandemic, how investors are viewing the current market, and what startups can do now to survive through these unusual times. Tell us what you're up to now? Greg Martin: I raised a fund called LiquidStock, with three partners. We closed in January of 2019.

Startup 113
article thumbnail

Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Sales volumes are still ramping up while marketing expenses are at max. Every dollar in inventory is a dollar less in cash available, maybe even two dollars less if your gross margin is 50%.

Startup 64