Inverted Software

Selling your business? Find the emotional buyer

Berkonomics

This is one of my favorite insights, since I lived this one in a positive exit from my computer business. Types of business buyers expanded. Most people will tell you that there are two kinds of eventual buyers for your business: financial and strategic.

Why not share your liquidity success with those who got you there?

Berkonomics

So, you are close to selling your company, and counting the profits a bit early. Well, that’s human nature. Here’s a thought for you to recall later when and if the event happens. Remember those who got you there.

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Virtual reality gaming and the pursuit of “flow state”

TechCrunch LA

Maggie Lane. Contributor. Share on Twitter. Maggie Lane is a writer and producer of virtual reality experiences and covers the industry for various publications. More posts by this contributor. Inside Nickelodeon’s Teenage Mutant Ninja Turtles VR Interview Experience.

Apple plans major US expansion including a new $1 billion campus in Austin

TechCrunch LA

Apple has announced a major expansion that will see it open a new campus in North Austin and open new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S.

Freeletics raises $45M for its AI-powered mobile fitness coach

TechCrunch LA

One of Europe’s most popular fitness applications is poised to flourish in the U.S. market with the help of several Los Angeles-based investors. Freeletics , headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013.

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AppOnboard raises $15 million to let Android users try before they buy apps on Google Play

TechCrunch LA

Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said.

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The next big restaurant chain may not own any kitchens

TechCrunch LA

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own.

The top 10 cities for $100M VC rounds in 2018 so far

TechCrunch LA

Jason Rowley. Contributor. Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor. The SaaS VC gap: China & other markets trail the US. Early-stage SaaS VC slip snaps recovery as public software stocks soar.

Lyft is becoming a one-stop transportation app in these 3 cities

TechCrunch LA

Lyft is turning its app into a one-stop multimodal transportation app in a few U.S.

VCs say Silicon Valley isn’t the gold mine it used to be

TechCrunch LA

In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ ’ The author outlined reasons why the Valley has “peaked.”

Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

Volvo Trucks teases the all-electric semi truck it’s bringing to California in 2019

TechCrunch LA

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electric plans in the state. The attraction to California is no accident. The state has set aggressive targets to improve air quality and reduce carbon emissions, particularly those generated from tailpipes.

VC firms of Kevin Durant and Snoop Dogg back Dutchie, a new cannabis delivery service

TechCrunch LA

Ross Lipson, the chief executive officer and co-founder of the on-demand marijuana and cannabis delivery service, Dutchie, had thought he was done with the online delivery business.

Lime is building its first scooter ‘lifestyle brand store’ in LA

TechCrunch LA

How can Lime differentiate its scooters and bikes from the piles of Birds and Spins filling Los Angeles sidewalks? Apparently with a physical storefront where it can convince customers of the wonders of on-demand mobility.

FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

TechCrunch LA

At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angeles tech community. .

Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

TechCrunch LA

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth. Read More.

Uber adds LA to flying taxi test cities, demo flights slated for 2020

TechCrunch LA

Uber has inked a partnership with Nasa over its flying taxi plans and says now it’s aiming to get demo flights up and running in Los Angeles by 2020. Read More. Apps TC Transportation Uber VTOLs flying taxis ride hailing Los Angeles

Take advantage of the good times to build stakeholder loyalty.

Berkonomics

Loyalty is a hard-earned commodity. There are several times when stakeholder loyalty is tested to the limit. For employees, a late or missed payroll is the ultimate test of corporate loyalty, divorced even from an employee’s ability to make do without a paycheck.

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud.

Shared housing startups are taking off

TechCrunch LA

W hen young adults leave the parental nest, they often follow a predictable pattern. First, move in with roommates. Then graduate to a single or couple’s pad. After that comes the big purchase of a single-family home. A lawnmower might be next.

Verizon names Los Angeles as the second of four cities to receive 5G rollout before 2019

TechCrunch LA

My boss’ boss’ boss was on CNBC this morning touting Verizon ‘s new 5G services and naming Los Angeles as the second city in America to be treated to a commercial rollout of the new networking technology.

Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The massage-on-demand service Soothe seems to be rubbing investors the right way with the close of a new $31 million round of funding. The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service.

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Jam City is setting up a Toronto shop by buying Bingo Pop from Uken Games

TechCrunch LA

The Los Angeles game development studio Jam City is setting up a shop in Toronto with the acquisition of Bingo Pop from Uken Games. Terms of the deal weren’t disclosed. The deal is part of a broader effort to expand the Jam City portfolio of games and geographic footprint.

SpaceX to build its massive BFR in Los Angeles

TechCrunch LA

The mayor of Los Angeles confirmed earlier reports that SpaceX will build its largest rocket, the BFR, at the Port of Los Angeles. The company intends to build a manufacturing facility on an 18-acre site at Berth 240 and use waterways to transport the massive rocket.

Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

You had an amazing meeting with an investor. Your product demo crushed. The dialog was great. They told you how much they loved your space. The meeting was only supposed to last 45 minutes but you ran 90. The assistant tried to end the meeting twice but was shoooshed away.

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The brains behind one of marketing’s biggest hits are out to reshape the industry again… with direct mail

TechCrunch LA

Postie , a new Los Angeles-based startup, has a vision for the future of advertising and marketing — and it’s direct mail.

Bird is raising $100 million to become the Uber of electric scooters

TechCrunch LA

“It feels like investing in Uber when it first launched.” ” That’s what one investor said of the hot new Santa Monica, Calif.-based

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Bird is raising $100 million to become the Uber of electric scooters

TechCrunch LA

“It feels like investing in Uber when it first launched.” ” That’s what one investor said of the hot new Santa Monica, Calif.-based

Snapchat will make Los Angeles a stronger tech hub

TechCrunch LA

If you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora.

Putting the band back together, ExactTarget execs reunite to launch MetaCX

TechCrunch LA

Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers.

How to Improve Your Odds of Getting to Yes with a VC — “Land and Expand”

Both Sides of the Table

If you’ve read any of my ongoing series on fund raising from venture capitalist (episode 1?— ?controlling controlling your psychology ) you no doubt have heard me say that raising capital is a sales & marketing process.

Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers.

The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley

TechCrunch LA

Brud , the actual company behind one of Instagram’s most popular virtual influencers (it’s a thing), has raised millions of dollars from Silicon Valley investors because this is 2018 and everything is awful.

Envoy launches in LA aiming to bring EV car sharing to real estate developments

TechCrunch LA

Looking to make EV car sharing the next perk for real estate developers, Envoy, a new Los Angeles startup has launched its first pilot. Initially, they’re starting with one apartment building and a fleet of two cars in an LA apartment complex.

Sports stars, franchises and Hollywood agencies are betting $38 million on an esports revolution

TechCrunch LA

What started with an esports team is now quickly becoming an esports empire, backed by some of the biggest names in sports and money managers for entertainment family dynasties and Hollywood power brokers.