Layoffs Report Sales Startup 
TechCrunch LA
JANUARY 26, 2022
“[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.
socalTECH
MAY 17, 2012
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.
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socalTECH
DECEMBER 12, 2012
The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff. The layoffs impact approximately 15 percent of Coda's workforce. The layoffs apparently come as the company has sold less than 100 of its automobiles since launching in March, according to the report.
Startup Professionals Musings
AUGUST 1, 2013
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.
Startup Professionals Musings
JANUARY 17, 2016
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.
Xconomy
JULY 15, 2016
The week started on a reflective note. And hellos: Third Rock Ventures brought in a well-traveled biotech veteran, Steven Holtzman , to run its hearing-loss startup Decibel Therapeutics. Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56.
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