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Snap Sets New Human Resources Chief

socalTECH

Santa Monica-based Snap, the parent company of Snapchat, said late Tuesday that it has named Darcie Henry as the company's new Chief Human Resources Officer. According to Snap, Henry will join the company on July 6th, as current Chief People Officer Lara Sweet is retiring.

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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give. Direct seed funding, for a share of the equity, and introductions to investors. Mentoring and technical assistance from volunteer or paid experts.

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5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

So, the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Experience and connections in your business area.

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How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

Don’t waste your resources on the wrong ones. Sometimes these will ask for 5%-15% of your equity for their support services. As startups pass through each stage, they need to use support resources wisely to minimize costs, wasted time, and maintain credibility to support movement to the next stage.

Resource 171
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QAD In $2 Billion Private Equity Acquisition

socalTECH

Santa Barbara-based supply chain software developer QAD has entered into a $2 billion acquisition deal with private equity investor Thoma Bravo, the company said on Monday. According to QAD, its shareholders will receive $87.50 per share in cash from Thoma Bravo, in an all-cash transaction.

Equity 113
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8 Keys To Starting A Venture With Minimal Equity Loss

Startup Professionals Musings

With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services. Barter services for access to required resources. Use your equity for key executives and business partners.

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Acuant Acquired By Audax Private Equity

socalTECH

Los Angeles-based Acuant , a developer of identity verification software, has been acquired by private equity investor Audax Private Equity. Acuant is led by Yossi Zekri, President and CEO of the company, who said that the company now has "strategic resources to dramatically accelerate" the company's growth. READ MORE>>.

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