A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives.

.Net 201

How to plan to make a successful acquisition

Berkonomics

One of my company CEO’s recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises.

A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives.

.Net 188

Demand Media Nets $77.2M From IPO

socalTECH

in net proceeds from the firm's IPO last week. The firm, which debuted on the NYSE as DMD, said it will use the new funding for investments in content, international expansion, working capital, product development, sales and marketing activities, general and administrative matters and capital expenditures. demand media exit merger acquisitionSanta Monica-based Demand Media said this morning that it received approximately $77.2M

.Net 130

Interview With Mike Mothner, Wpromote On Growth, Acquisitions

socalTECH

Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types. Mike Mothner: With the acquisition of Standing Dog, which technically closed today, that added about 75 people to bring us to 260 employees. We also have an office now in Houston as well as a result of the acquisition. They don�t need digital sales, they need to drive people into stores.

Mindspeed Gets $5.3M In Patent Sale

socalTECH

Specific details on the sale and the buyer of the patents was not disclosed by the company. The firm said the new sale comes on top of a previously announced, $10.0M patent sale it announced in July. Mindspeed said the patent sales puts the firm in its "strongest net cash position in over five years." Tags: mindspeed patent sale acquisition intellectual property semiconducto

THQ Seeks Buyer As Sales Slip

socalTECH

The announcement came as the firm announced net sales of $107.4M The firm also reported a net loss of $21.0M. merger acquisition videogame gaming contentAgoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market.

THQ 131

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.

.Net 52

Super League Gaming Heads For IPO

socalTECH

The company--which hopes to list as SLGG on the Nasdaq Capital Company--said it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. super league gaming merger acquisition esports communitySanta Monica-based Super League Gaming , which operates its own e-sports competition site and community, is headed for the public markets, hoping to raise as much as $31.36M for the company, according to a regulatory filing by the firm.

.Net 109

Super League Gaming Sees IPO, But Drops In Debut

socalTECH

The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. super league gaming merger acquisition esports communitySanta Monica-based Super League Gaming had its IPO on Tuesday, debuting at $11.00 in its initial trading, but falling more than 22 percent during the day to close down at $8.50 per share. The company now trades on the Nasdaq as SLGG.

.Net 109

ResMed Acquires Brightree For $800M

socalTECH

ResMed said it will pay $800M in cash for ResMed, which had net sales of approximately $113M in 2015. resmed brightree merger acquisition healthcare software medical lifescience device

.Net 164

Cohu Buys Spring Probe Company

socalTECH

net of cash acquired. The company said Kita had current year sales of estimated $17M. cohu spring probe company kita manufacturing japan electronics merger acquisitionPoway-based Cohu said late Tuesday that it has agreed to acquire Kita Manufacturing Co LTD , a Japanese companies that develops products used in electronics manufacturing. Cohua said it would pay $15M in cash for Kita, funded out of its cash reserves and through assumption of operating debt of $2.6M

Leaf Group Acquires Deny Designs

socalTECH

Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M media demand decor home acquisition merger designs deny group leafSanta Monica-based Leaf Group , which is led by Sean Moriarty, said on Thursday that it has acquired home decor brand Deny Designs. Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado.

Design 109

Vizio Files For IPO

socalTECH

Vizio reported net income of $44.9M billion in net sales for 2014. vizio television consumer electronics merger acquisition exitIrvine-based consumer electronics giant Vizio has filed for an IPO, saying in a filing Friday that it is looking to raise up to $172.5M in a public offering. The company says it has filed to trade as VZIO, but has yet to select an exchange.

.Net 125

Moviepilot Goes Native, Bets On LA, US Market

socalTECH

The sale netted the company $20M, which it will use to fund its U.S. moviepilot angeles merger acquisition webedia Moviepilot , the online film review and publishing site led by Tobias Bauckhage, has sold off its German website, moviepilot.de , to French publisher Webedia. The move puts the company''s focused squarely on its Los Angeles operations. efforts.

.Net 142

mophie Acquired By ZAGG For $100M

socalTECH

According to ZAGG, it will pay $100M, plus earn out, for mophie, creating a new mobile accessory company with 2015 net sales of approximately $470M. The companies did not say how the acquisition would impact mophie's Orange County operations. mophie zagg merger acquisition cell phone mobile accessory battery

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.

What’s the minimum information to give your investors?

Berkonomics

Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more. Every investor wants regular information from companies taking their money.

Class 156

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. My House Is Not For Sale. Our BATNA to a sale was to accept funding from venture capitalists.

Frank Addantes FounderBlog: 3. Virtual Location, Location, Location

Frank Addante

Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. My solution: cast a wider net. By casting a wider net, you can find better talent, better manage your costs and gain many other tangible and intangible benefits (e.g.

ASP 52

THQ Chopped Into Tiny Pieces, Scattered To The Winds

socalTECH

Bankrupt Agoura Hills-based videogame publisher THQ has been chopped up into pieces, and scattered to the winds, after an auction sale of the firm's assets Wednesday. THQ had hoped to sell THQ to Clearlake Capital or another buyer, but apparently found that the separately sold assets would net more than a single buyer. Farrell said that THQ now expects those sales to close this week. THQ said that employees not included in the sale would lose their jobs.

THQ 164

Somaxon Pharmaceuticals Acquired For $25M

socalTECH

Somaxon had 12 months net sales of approximately $11.7M Somaxon was represented by Stifel Nicolaus Weisel in the acquisition. somaxon pharmaceuticals merger acquisition insomnia lifescience pernix therapeuticsSan Diego-based Somaxon , a developer of treatments for insomnia, has been acquired by Pernix Therapeutics Holdings , in a deal worth $25M.

.Net 131

Should Startups Care About Profitability?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months.

Course 266

Electro Rent Acquires Electronic Test Equipment Firm

socalTECH

Van Nuy-based Electro Rent , a firm which provides rental, leasing, and sales of electronic test equipment, said Thursday that it has won a bid to acquire the assets of Telogy, LLC, a bankrupt provider of electronic test equipment. in cash for Telogy, adjusted based on changes in Telogy's net accounts receivable, equipment purchases and equipment sales since September 30, 2009.

Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months.

.Net 428

Is asset-based lending for you?

Berkonomics

Often, the lender then tracks the pledged assets until money is received or inventory sold, expecting repayment from the proceeds of sale. This type of funding is great for startup companies, refinancing existing loans, and financing for growth, mergers and acquisitions.

.Net 195

NewEgg Files For IPO

socalTECH

The firm said it had sales of $2.1 billion and net income of $28.8M Tags: newegg ecommerce retail merger acquisition City of Industry-based e-commerce retailer NewEgg has filed for an IPO this morning, saying that it is looking to raise up to $175M.

NewEgg 151

Why The Media Has Been Wrong About YouTube Networks

Both Sides of the Table

I agree with YouTube (that they provide more (hosting, ad sales, etc.) Selling at smaller retailers will net you fewer customers and higher margins.

Valeant Pharmaceuticals Buys Specialty Pharma

socalTECH

Valeant Pharmaceuticals said that Coria currently has annualized net sales of approximately $40M. Aliso Viejo-based Valeant Pharmaceuticals said Wednesday that it has signed a definitive agreement to acquire Coria Laboratories, a specialty pharmaceutical company focused on dermatology. Valeant said it will pay approximately $95M for Coria, from parent firm DFB Pharmaceuticals and other shareholders.

.Net 100

How much information do you give to investors?

Berkonomics

Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuances, changes to the articles of incorporation and bylaws, and more. Summarizing income statements with a line for revenues, cost of revenue, general and administrative expenses, sales and other direct costs – all leading to net income, would satisfy the legal requirement for statement of income and expense.

Class 175

Are Business Plans Still Necessary?

Both Sides of the Table

and the subsequent acquisition sprees of companies like Google, Yahoo!, Let’s start with how much value you think you’ll create for your customer if they use your product in terms of hours saved, costs avoided, extra sales, better conversion rates or whatever.

Valeant Pharmaceuticals Buys Australian Firm

socalTECH

Valeant said that DermaTEch currently has annual net sales of approximately AU$10.5M ($6.9M Aliso Viejo-based Valeant Pharmaceuticals said today that it has acquired an Australian specialty pharmaceuticals firm, DermaTech Pty Ltd. Valeant said it paid approximately AU$19M ($12.5M US) for DermaTech, which develops products for the dermatology market. Valeant Pharmaceuticals is a developer of a wide range of neurology and dermatology pharmaceuticals

.Net 100

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. My House Is Not For Sale. Our response was that there was no “price” as our company was not for sale.

Victory Pharma Acquired By Sciele Pharma

socalTECH

Victory Pharma has 182 employees, and had net sales of $57M in 2008, Sciele said. Tags: victory pharma sciele merger acquisition lifescience San Diego-based specialty pharmaceuticals firm Victory Pharma has been acquired by Atlanta-based Sciele Pharma, Sciele said this week. Accordin to Schiele, it will pay $150M to acquire Victory Pharma, which is focused on acquiring, developing, and marketing products to treat pain.

.Net 100

How to Measure & Track Marketing

Jason Nazar

Customer Acquisition Cost / Cost Per Acquisition . The customer acquisition cost or cost per acquisition is the basic marketing cost to acquire a customer. In many cases, before the sale is complete, you’ll also measure your cost per lead (CPL) as in-between step in order to collect data about the user to remarket to them. Net Promoter Score. The net promoter score is the most common measurement of the quality of the product experience.

CPC 40