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Honey Acquired By PayPal For $4 Billion

socalTECH

Honey was founded in 2012 by George Ruan and Ryan Hudson. PayPal said that the acquisition will "transform the shopping experience" for its consumers and also increase sales and customer engagement for its merchants. Honey now has approximately 17 million monthly active users. READ MORE>>.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
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10 Ways for Startups to Expand Their Reach in 2012

Startup Professionals Musings

The competition never stands still, and new opportunities are evolving, based on culture changes in your customers, new technologies, and new problems in the world which need to be solved. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets.

Startup 98
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JS Saturday | Javascript Beginner to Advanced in One Day!

Tech Zulu Event

In a collaborative effort, Ria Consulting, LLC and Los Angeles Net Developers Group are hosting this event on November 10th, 2012 at the Long Beach Convention Center in Long Beach, California. Jason also spearheads customer-driven, innovative features and functionality throughout all of infragistics’ products.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

They feel very confident they can hit $18 – 20 million in 2012. It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. That is $12 million in profits over 3 years. Often in this strategy you end up giving them the product for free and bill them only services fees.

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How This Entrepreneur Raised $28,000 Using Airbnb to Fund Her Startup

Both Sides of the Table

In one year of Airbnb Tracy netted more than $28,000. Sam is the managing director of Launchpad LA and we were about to pick our 2012 class of entrepreneurs. She focused on her customer. The premise is that you should blog for your customers, suppliers and ecosystem – not for your peers. She’s infectious.”

Startup 363
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AT&T Mobile App Hackathon | Superheroes & Geeks, Only in Hollywood!

Tech Zulu Event

On July 27, 2012 the AT&T Developer Program and Apigee produced the Mobile App Hackathon in Los Angeles, California. Developers were allowed to code in any language they were most comfortable with including Objective C, Java, Javascript, HTML, C #, Dot Net, and XNA.