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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

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. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services.

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sonnen Teams With Homebuilder On Net Zero Homes In Florida

socalTECH

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>>.

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An economics lesson for growing companies

Berkonomics

Growing companies usually require more working capital during their periods of rapid growth. If the equity value of a company is growing at the same rate as the company, say 40% per year, almost any form of debt financing may be preferable as a way of preventing further dilution from issuing additional equity.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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. Let’s set up a framework.

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Bluebeam Nets Local Angel Groups 20X Return

socalTECH

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.

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Does your company have a “dirty cap table?”

Berkonomics

When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?” Currently that standard requires a minimum of $200,000 in annual income or over one million in net assets, including the value of the investor’s principal residence.

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TrueCar Revenues Hit By Vehicle Inventory, Semiconductor Shortage

socalTECH

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% sequentially, due to what the company said was limited new vehicle inventory from the ongoing automobile semiconductor shortage. TrueCar said it had a net loss of $6.8

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