Obalon Sets IPO Pricing Range

socalTECH

Carlsbad-based Obalon Therapeutics , which is developing a balloon-based medical device for assisting in weight loss, has set the estimated initial IPO pricing range for its public offering, saying it now expects an initial public offering at between $14.00 The company is selling 5,000,000 shares of its common stock, which would net it $92.0M if it prices at the high end of its estimated range.

ResMed To Add To Software Offerings With $750M MatrixCare Acquisition

Xconomy

The purchase price is 25 times MatrixCare’s pro forma 2018 earnings of about $30 million (without taking into account interest, taxes, depreciation or amortization) on anticipated net revenue of about $122 million. ResMed, which brought in net income of $315.6

AutoGenomics Sets IPO Pricing Range

socalTECH

The offering would net the company around $56.0M autogenomics molecular diagnostics lifescience exit merger acquisition agmx genetic Vista, California-based AutoGenomics , which manufactures molecular diagnostics systems, has set its estimated initial public offering range, saying it expects to sell 3.75 million shares of its common stock at between $11.00 and $13.00 per share. The company filed earlier to list on the NASDAQ Global Market as AGMX.

Green Dot Sets Pricing Range

socalTECH

Monrovia-based Green Dot , the provider of prepaid debit cards, has set pricing on its IPO, saying in a filing Friday that it estimates and initial public offering price of between $32.00 The firm is set to list on the NYSE as GDOT in the offering, which would net the firm around $154M at $35.00 Tags: green financial merger acquisition

Dot Hill Completes Cloverleaf Acquisition

socalTECH

Carlsbad-based Dot Hill Systems said today that it has completed its acquisition of Cloverleaf Communications , a developer of storage virtualization and management software. In the firm's 8-K filing describing the transaction, Dot Hill said the purchase price was reduced from earlier amounts due to negative net book value of Cloverleaf's balance sheet. Tags: hill data storage merger acquisition cloverleaf virtualization communications

ReachLocal Prices IPO At $13.00 Per Share

socalTECH

Woodland Hills-based ReachLocal priced its IPO last night at $13.00 per share, according to filings with the SEC this morning, netting the firm $54.1M. The IPO pricing was significantly below the estimated $17.00 Tags: reachlocal merger acquisition rloc The firm, which will list on the Nasdaq Global Select Market as RLOC, said it sold 4,166,667 of its common shares in the offering. to $19.00 per share the firm had indicated in its earlier S-1 filings.

Snap's Big Winners: Spiegel, Murphy, Laskey, Benchmark, Lightspeed

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 snapchat evan spiegel bobby murphy mitch laskey benchmark lightspeed exit merger acquisition snap snapincon Wednesday afternoon?

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Snap Sees IPO Pop, Surges To Over $25.00 Per Share In Early Trading

socalTECH

The company--which priced at $17.00 The early pop in its shares pushes the net worth of Eval Spiegel and Bobby Murphy to more than $5.0 snap snapchat merger acquisition exit evan spiegel bobby murphy millionaire billionaire nyse debutVenice-based Snap Inc. had a huge debut on the New York Stock Exchange (NYSE) on Thursday, as it started trading as SNAP, surging above $25.00 per share in early morning trading--up more than 43%. per share last night--opened at $23.71

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Maximize Your Exit By Not Selling Your Company

InfoChachkie

Although this is a somewhat unusual real estate transaction, it reflects a surprisingly common scenario in the business world of mergers and acquisitions, with one important distinction. Even the eccentric King of Pop communicated the price he was willing to pay for Neverland.

Snap's Big Winners: Spiegel, Murphy, Lasky, Benchmark, Lightspeed

socalTECH

Who are the big winners after the IPO pricing of Venice, California-based Snap Inc. Obviously, co-founders Evan Spiegel and Bobby Murphy both have instantly been catapulted into the ranks of billionaires, with a net worth of $3.58 snapinc snap acquisition merger exit lightspeed benchmark laskey mitch murphy bobby spiegel evan snapchaton Wednesday afternoon?

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Mindbody Moves Closer To IPO, Sets IPO Trading Range

socalTECH

Mindbody is selling 7,150,000 share of its stock in its IPO, which would net $123.3M for the company if its prices at the high range. Companies in the IPO process will set an IPO trading range around the same time as they are on their institutional road show, to test interest from investors, before the actual pricing of the IPO. mindbody software merger acquisition spas weleness saas cloud

DDi Acquired By Viasystems

socalTECH

Louis-based competitor, Viasystems Group , the two said this morning, in a deal worth $268M net of cash plus debt assumed. per share in cash for DDI's, or $282M, a 20 percent premium to the volume weighted average price of DDi over the last thee months. electronics board circuit printed viasystems acquisition mergerAnaheim-based circuit board manufacturer DDi Corp. is being acquired by a St.

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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. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

Although this is a somewhat unusual real estate transaction, it reflects a surprisingly common scenario in the world of mergers and acquisitions, with one important distinction. Even the eccentric King of Pop communicated the price he was willing to pay. What is that price?”.

Should Startups Care About Profitability?

Both Sides of the Table

This is not atypical for “middle men” who often take 15–30% of the value of the sale If you’re shaking your head and thinking, “duh” I promise you that even some of the most sophisticated people I know get off track on this issue of “gross revenue” versus “net revenue.”

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Why Google Fiber? Moat-widening Endeavor & Future of Computing.

Tech Zulu Event

At the time of acquisition, the press primarily asserted that Google bought Motorola to help protect Android’s legal intellectual property in court. ISP executives have publicly spoken about violating net neutrality. In a world without net neutrality, the ISPs will gouge Google.

Should Startups Focus on Profitability or Not?

Both Sides of the Table

When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?” Gross Profit (also called Gross Margin or sometimes “Net Revenue”).

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Every Dollar Spent At A Startup Should Yield A Return

InfoChachkie

If there happens to be a gas station along the way where you can fill up for a reasonable price, great. One way to combat reckless spending is to instill a sense of pride in your employees to never pay full price. Rather, you should be ashamed to pay full price.

How Do you Motivate Yourself and Stay Focused?

Both Sides of the Table

You might net $1 million and that would change your life. Now I just have a 3x higher exit price if I want to sell one day. Make sure the acquisition is still on target. Look, if you had, one shot. Or one opportunity, to seize everything you ever wanted. In one moment.

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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

The net was that 's app is too sophisticated for the five verbs. <Note: Fortunately, after turning down Jeff, we co-led the first priced round in RingRevenue (now known as Invoca ), along with Mark Suster of Upfront Ventures. A version of this article previously appeared on Forbes.

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Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy

Xconomy

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Those acquisitions helped Pernix reach $175.8 million net loss.

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Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

OpenX Launches New Service Around Content Optimization, Ad Monetization

socalTECH

OpenX said the new Revenue Intelligence product uses algorithms to figure out the total value a page generates, based on a net present value calculation--taking into account page views and clicks, traffic, and more. Pricing on the new product was not announced. The new product comes thanks to the acquisition last fall of JumpTime.

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Are Business Plans Still Necessary?

Both Sides of the Table

and the subsequent acquisition sprees of companies like Google, Yahoo!, Good ones don’t care about the granular details in a startup but they do care about how big the market is, what share you’ll get and what assumptions you make about pricing over time and other market factors.

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

This method was perfected by Gil Elbaz and his team at Applied Semantics in LA and in what some have called “ the most important acquisition ever made by Google ” they acquired the company for $102 million before Google had even IPO’d.

CapLinked Goes Mobile | Announces New Features For iPad To Put Virtual Data Rooms on Notice

Tech Zulu Event

CapLinked also netted in new customers such as Thomson Reuters, Sun Capital, and Equity Partners, NextView Ventures and crowd-funding service AI Verified which will take advantage of its iPad compatibility, bulk uploading, and reporting tools.

Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Prices are soaring in the beachfront communities tech types favor, and rents in these. Prices have gone up dramatically on this beachfront strip. Median single-family home price increase, Jan.-Aug. Nationwide, the median home price rose 3.3% Consumer Prices Rise 0.6%.

Interview with Matt Munson, InstaCanvas

socalTECH

Few people in the technology world are unfamiliar with the huge rise in the popularity of the photo sharing service Instagram, which was topped off by a $1 billion acquisition of that company by Facebook just a few weeks ago. How does pricing on the photos work? It's been a net win.

500 Startups Presents Bitcoinference

Tech Zulu Event

The transaction is considered the largest public acquisition in Bitcoin history with both companies exhibiting impressive growth numbers since their respective beginnings. Overall, he remains optimistic towards Bitcoin prices and cues the Dogecoin community’s phrase “to the moon!”

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Small Ideas, Big Benefits

InfoChachkie

This enterprise netted the entrepreneurial student a nice fistful of bills before each test. Within days of releasing the personal version, the Founders began receiving inquiries regarding the price of a commercial version of their product. With no idea what a reasonable price might be, the company agreed to provide enterprise-wide security to the Salt Lake Winter Games for a few thousand dollars. For more discussion of entrepreneurial pricing, see “At What Price?”.

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Monopoly

InfoChachkie

Such a deal ensures that your opponents will pay a higher price whenever they land on any of the properties which make up the monopoly, while you simultaneously increase your cash position by selling the lynchpin property at a premium.Even though the game is cutthroat by design, most people consistently play the game with the same basic group of family and friends. This is a reposting of a ‘classic’ popular post.

How OneStop Internet Is Powering Ecommerce For Brands

socalTECH

The way we get compensated, is we receive a percent of net sales that flow through the website. There''s a lot of issues there around pricing and controlling MAP for their resellers.

Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups

SoCal CTO

I have to say that it has netted far more than I would have thought. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Exploring A Brave New World Of Domain Names, With Rightside

socalTECH

That business includes our main registrar platform, which supports 20,000 resellers around the world, and also includes such acquisition as we''ve done such as name.com, domain auctions with Namejet, and a bunch of other activities.

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