Cast your net where the big fish swim.
Berkonomics
JULY 4, 2013
Even though there are many advantages to casting your net to attract the big fish, you should be well aware of the risks involved and have resources available to manage those risks.
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Berkonomics
JULY 4, 2013
Even though there are many advantages to casting your net to attract the big fish, you should be well aware of the risks involved and have resources available to manage those risks.
TechCrunch LA
MARCH 2, 2021
Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business.
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Berkonomics
FEBRUARY 11, 2021
The longer the time it takes to break even or get to that magic ten percent net, the higher the number of dollars needed. The post Could you achieve ten percent net income each month? This new tool gives you that number plus the amount needed to make the business a viable entity with a chance of long-term survival and growth.
L.A. Business Journal
AUGUST 7, 2018
Chatsworth-based Cal Net Technology Group was acquired by ABRY Partners subsidiary Nexus Technologies Inc. Cal Net provides managed IT solutions and will now operate as a NexusTek entity. which does business as NexusTek) Aug.
socalTECH
NOVEMBER 8, 2018
Los Angeles-based residential energy storage technology developer sonnen said on Thursday that it has partnered with home developer Pearl Homes to build a "net zero" community in Florida. The project will initially include 148 homes. Sonnen is backed by Shell. READ MORE>>.
L.A. Business Journal
AUGUST 20, 2018
Santa Monica-based Trill Project, founded by four high-schoolers who want to make social media safer, received on Aug. 15 a total $550,000 in a seed round led by Founders Bootcamp. Founders Bootcamp is a venture studio focused solely on high school entrepreneurs and run out of the UCLA Anderson School of Management’s Cross-Campus space.
Berkonomics
MAY 28, 2020
Even though there are many advantages to casting your net to attract the big fish, you should be well aware of the risks involved and have resources available to manage those risks.
L.A. Business Journal
OCTOBER 14, 2016
A previous firm of Kobe Bryant’s venture capital partner Jeff Stibel netted several lawsuits with its business practices.
L.A. Business Journal
AUGUST 30, 2021
For those Wealthiest Angelenos whose fortunes are tied to technology, the pandemic brought big gains in net worth over the past year.
socalTECH
APRIL 19, 2021
San Diego Gas & Electric (SDG&E), the electric and gas utility which serves the San Diego region, says it is pledging to reach net zero greenhouse gas (GHG) emissions by 2045. SDG&E called getting to net zero GHG emissions by 2045 a "moonshot challenge". SDG&E called getting to net zero GHG emissions by 2045 a "moonshot challenge".
Berkonomics
JULY 30, 2015
Or as one of the richest guys in the world is quoted as saying, “A real entrepreneur is somebody who has no safety net underneath him.”. The problem is that we weave that safety net even as we sit in it, making the job doubly difficult. They sometimes don’t care; they are often reckless adventurers.
InfoChachkie
MARCH 23, 2015
As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises.
Berkonomics
JULY 11, 2013
Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue.
socalTECH
MAY 11, 2017
San Diego-based AmpliPhy Biosciences , a developer of therapies for treating drug-resistant bacterial infections using bacteriophage technology, said it raised $9.1M for the company in its IPO. The company trades as APHB on the NYSE Small Cap Market.
L.A. Business Journal
DECEMBER 4, 2020
Blockbuster video game franchise “Call of Duty” continues to deliver big returns for Santa Monica publisher Activision Blizzard Inc.
L.A. Business Journal
AUGUST 7, 2019
In its first quarterly earnings report since terminating the agreement, Stamps.com posted a net income of $14 million, down 69% from $45.5 million this time last year.
Berkonomics
APRIL 17, 2014
No single investor invests more than a specified amount in the offering: The greater of $2,000 or 5% of the annual income or net worth of the investor, as applicable, if the investor has annual income or net worth of less than $100,000; or.
socalTECH
FEBRUARY 5, 2014
The new, global top-level domains (gTLDs) are among hundreds of new domain extensions which are hoping to gain a share of the domain name market, currently dominated by the more common.COM,NET,ORG and other top level domains. Rightside said it has begun early registration of.DANCE and.DEMOCRAT to trademark holders.
socalTECH
DECEMBER 30, 2013
According to Manalto, the funding came from Europlay Capital Adivsors, Raven Capital, as well as high net worth individuals from Australia. Santa Monica-based Manalto has raised $1M in a seed funding round, for the company''s social media content management software. The company splits its operations between Santa Monica and Australia.
Both Sides of the Table
JUNE 19, 2017
The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn. Gross burn is your cost base and net burn is the difference between your revenue and costs. GAAP Net Income, which at times isn’t a good reflection of cash burn). In short, it’s the amount of cash you’re burning every month (vs.
socalTECH
NOVEMBER 10, 2016
TubeMogul , a video advertising company which has offices in Los Angeles, has been acquired by Adobe in a deal worth $540M net of debt and cash. According to Adobe, it will pay $14.00 per share for TubeMogul. TubeMogul is a provider of a video advertising platform, which lets users buy video ads on desktop, mobile, streaming devices, and TVs.
socalTECH
JANUARY 7, 2015
Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. The Tech Coast Angels and the Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.
socalTECH
JULY 28, 2014
The funding said $3M of the funding came from private equity group Kodiak Capital Group, with the remainder from family offices and high net worth individuals. Costa Mesa-based Eventure Interactive , a developer of social, photo sharing applications, said last week that it has raised $4.1M Eventure is led by Gannon Giguiere. READ MORE>>.
Berkonomics
JUNE 4, 2020
Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue. An example to make this clear.
socalTECH
JUNE 10, 2021
San Diego-based electricity and energy provider Sempra Energy announced this morning that it is in a Memorandum of Understanding (MOU) with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL).
socalTECH
JANUARY 25, 2013
The tool, which lets users analyzing the web traffic from their promotions, lets users click into a map of where users are interacting with their promotions, and get detailed demographics data--household income, education, net worth, neighborhood data, and more--at the street level.
L.A. Business Journal
MAY 10, 2017
parent company of Snapchat, reported a net loss of $2.2 billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March.
Berkonomics
FEBRUARY 1, 2018
Can expenses be put off until the next period to increase income, or accelerated into this period by prepayment to decrease net income? Is it ethical to allocate income between periods to take advantage of tax breaks? Where do you draw the line, assuming no intent to defraud?
Both Sides of the Table
DECEMBER 27, 2011
Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year. Simplifying: Revenue -. Cost of Goods Sold (COGS) =. Operating Costs.
L.A. Business Journal
AUGUST 7, 2018
Katzenberg’s short-form video project raises $1 billion; SpaceX hosting mars landing conference; Nexus Technologies acquires Cal Net
L.A. Business Journal
FEBRUARY 16, 2021
has completed a public offering that netted $29.7 Downtown-based HyreCar Inc.
L.A. Business Journal
FEBRUARY 16, 2021
has completed a public offering that netted $29.7 Downtown-based HyreCar Inc.
L.A. Business Journal
OCTOBER 30, 2020
billion in net revenue. Activision Blizzard Inc. outperformed earnings projections in the third quarter, reporting $1.95
Startup Professionals Musings
SEPTEMBER 27, 2023
When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares.
socalTECH
JULY 3, 2017
Financial details of the acquisition were not announced, however, DexYP says the combined company will have pro forma net revenues of more than $2 billion in 2017. Dex Media said on Friday that it has acquired YP Holdings , which operates both YP.com and the Real Yellow Pages, and will create a new combined company called DexYP.
TechCrunch LA
MARCH 27, 2021
That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.
L.A. Business Journal
FEBRUARY 14, 2020
Dating app owner Match Group reported an estimated 16% annual increase in net income in fiscal 2019, due largely to Tinder, its highest-performing subsidiary.
Berkonomics
OCTOBER 28, 2021
You, the lonely fisherman, must weave a net to catch your fish. Should your net be large and bulky, requiring more effort and expense to weave? Or should it be small and delicate, to catch those fish that would otherwise fall through the net? TAM, SAM & SOM? The post How big is your ocean?
TechCrunch LA
JANUARY 30, 2019
Last year the company crossed $200 million in revenue and managed to net over 1 million subscribers for the service. The Los Angeles-based company has steadily expanded its retail and lifestyle empire through subscription boxes, video… and even an augmented reality app.
L.A. Business Journal
JULY 21, 2020
While the company has beaten revenue expectations, it continues to see an increase in net loss. the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30.
socalTECH
JUNE 28, 2017
Los Angeles-based j2 Global says it has completed its previously announced, $650M offering of senior unsecured notes, in a private placement, which nets the company $636.4M after expenses. The notes carry a 6 percent interest rate and are due in 2025.
socalTECH
OCTOBER 8, 2020
Amazon said it is looking to be net zero carbon by 2040. Amazon and Rivian , the electric vehicle developer with operations in Irvine and Carson, California, have revealed Amazon's first electric delivery vehicle, which Amazon plans to roll out as part of its climate efforts.
socalTECH
NOVEMBER 4, 2021
TrueCar said it had a net loss of $6.8 million compared to net income of $11.6M Los Angeles-based automotive marketplace operator TrueCar released a highlight of its results last night, saying that the firm's revenues were down 28.8% year-over-year, and 16.4% in the third quarter of 2020.
Berkonomics
SEPTEMBER 7, 2017
And I found from experience – after investing in many other entrepreneurial businesses over the years – that this stage typically occurs first at about twenty employees or $3 million in net revenues (or gross profit) for most any kind of company. In future weeks, we will dissect this $3 million-dollar phenomenon separately.
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