socalTECH

JUNE 25, 2014

The move puts the company''s focused squarely on its Los Angeles operations. The sale netted the company $20M, which it will use to fund its U.S. Moviepilot is venture backed by T-Venture, Grazia Equity, IBB Beteiligungsgesellschaft, and angels. moviepilot angeles merger acquisition webedia' READ MORE>>.

Social Media 164

Social Media Marketing .Net Entertainment 164

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

socalTECH

JUNE 14, 2017

According to Episona, the funding came from the Pasadena Angeles, as well as other high-net worth individuals from Pasadena and San Francisco. The company said the new funds go towards commercial expansion of its product, increase sales and marketing, and for further technology development.

Pasadena 133

Pasadena Pasadena Angels Seed Funding .Net 133

Startup Professionals Musings

MARCH 16, 2022

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for you, and for your situation. Angel investors are people too. USA Angel Investment Network.

Startup 135

Startup Keiretsu Platform Invest 135

socalTECH

JULY 19, 2012

Los Angeles investor Baroda Ventures , the venture capital arm of David Bohnett, has re-upped on online fashion and e-commerce site Fab.com , in a big, $105M third round of funding for that site. Baroda has been an investor in Fab since its seed funding back in June of 2010. Bohnett is the founder of Geocities.com. READ MORE>>.

Funding 178

Funding Seed Funding Commerce Social Network 178

Startup Professionals Musings

FEBRUARY 24, 2014

If your startup is looking for an Angel investor, it makes sense to present your plan to flocks of Angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right Angel for you, and for your situation. Angel investors are people too. Or does it? Keiretsu Forum.

Angel 115

Angel Startup Funding Keiretsu 115

TechCrunch LA

MAY 19, 2020

A former venture capitalist and the co-founder of the firm that would become Los Angeles’ largest, Upfront Ventures, Dietz decided to start his company as a response to what he sees as the largest problem that California faces. . “Garage conversions were a new concept for us,” Martin McCauley told Curbed Los Angeles. .

Los Angeles 191

Los Angeles Startup Culver City .Net 191

Startup Professionals Musings

JUNE 11, 2017

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for you, and for your situation. Angel investors are people too. USA Angel Investment Network.

Angel 67

Angel Keiretsu Invest Networking 67

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Professional angels: This is the arena where I work and play. For you who fit that description, nice work.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

JANUARY 20, 2013

If your startup is looking for an Angel investor, it makes sense to present your plan to flocks of Angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right Angel for you, and for your situation. Angel investors are people too. Or does it? Keiretsu Forum.

Angel 108

Angel Keiretsu Organization Invest 108

Both Sides of the Table

JUNE 27, 2021

When you first start your career as an investor (or when you first start writing angel checks) your main obsession is “getting into great deals.” the sale of the company for $1 billion. You need shots on goal as not every one will go in the back of the net. You’re thinking about one bullet at a time.

Funding 294

Funding Startup Writing Invest 294

TechCrunch LA

OCTOBER 5, 2020

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. ” I don’t doubt that he means it. Underpinning its tech is the sheer size of the operation: economies of scale in action.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Startup Professionals Musings

FEBRUARY 13, 2011

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for your, and for your situation. Angel investors are people too. Or does it? Keiretsu Forum.

Angel 102

Angel Keiretsu Organization Template 102

socalTECH

FEBRUARY 4, 2011

Los Angeles-based RealD , the developer of 3D movie projection technology, released its results Thursday, saying its Q3 2011 revenues rose to $57.8M, up 91 percent from Q3 of of 2010, when it reported revenues of $30.2M. The firm had a net GAAP loss of $16.6M. READ MORE>>.

Screening 153

Screening .Net Demand Los Angeles 153

Both Sides of the Table

DECEMBER 27, 2011

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. “COGS” represents the amount that each sale costs you.

Startup 418

Startup Venture Capital Sales Technical Review 418

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit.

Venture Capital 243

Venture Capital Product Resource Marketing 243

socalTECH

JULY 31, 2009

Los Angeles-based Stamps.com reported its results Thursday, saying that the firm had net income of $1.0M No reason for the drop in PhotoStamps sales was given by the firm. PC postage sales totaled $18.2M, down slightly from last year. on revenues of nearly $20.2M in Q2, essentially flat year to year compared with $1.3M

.Net 100

.Net Sales Los Angeles Report 100

Both Sides of the Table

JUNE 17, 2017

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. COGS” represents the amount that each sale costs you.

Startup 227

Startup Venture Capital Sales Course 227

Berkonomics

APRIL 4, 2019

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. Requirements created by investment documents.

Class 120

Class Course Report Competition 120

socalTECH

MAY 30, 2019

Our interview this morning is with Robin Richards , the CEO of Los Angeles-based CareerArc (www.careerarc.com). com, and Vivendi Universal Net USA, where he was also CEO. Richards also has been an active angel investor in local startups. You've had prior success, and you've been an angel investors in companies here.

Content 193

Content Social Network Coach Help 193

socalTECH

JULY 29, 2009

Los Angeles-based Internet Brands reported its quarterly results Wednesday afternoon, reporting that it saw 50 million monthly unique visitors to the firm's websites in June, up 35 percent from 37 million uniques in June of last year. The firm said its net income for the second quarter was $2.5M. for the similar period last year.

Internet Brands 100

Internet Brands .Net Commerce Report 100

Both Sides of the Table

APRIL 25, 2011

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. I could go on-and-on with all of the sales-blocking messages you will hear when you try to charge for a product. That is $12 million in profits over 3 years. Who are your competitors – how much do they charge?&#.

Services 332

Services Venture Capital IP Startup 332

Startup Professionals Musings

FEBRUARY 10, 2010

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. One of the most common questions I get is “How do I find angel investors?” Here are three of the largest flocks: Angel Capital Association (ACA).

Angel 48

Angel Keiretsu Startup Template 48

socalTECH

SEPTEMBER 15, 2008

Los Angeles-based Napster and electronics retailer Best Buy said this morning that they have entered into a definitive agreement where Napster will be acquired by Best Buy. Including Napster's current cash and short term investments, the deal has a net value of approximately $54M. According to the firms, Best Buy will pay $2.65

.Net 100

.Net Los Angeles Acquisition Invest 100

socalTECH

AUGUST 2, 2017

Our interview today is with Alan Horsager , the CEO of Pasadena-based Episona (www.episona.com), an angel backed startup which has already developed and has been offering up an epigenetic test for male fertility. Alan Horsager: The funding originally started with a convertible note, through the Pasadena Angels.

USC 100

USC Technical Review Startup Southern California 100

InfoChachkie

DECEMBER 7, 2015

This analysis is particularly timely, given the recent tidal wave of successful entrepreneurs who have become Angel and venture investors. Thus, it’s entirely appropriate that founders net substantially more than the VC partners associated with their company. Possibly.

Venture Capital 100

Venture Capital Capital .Net Entrepreneur 100

Berkonomics

APRIL 14, 2012

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 202

Class Report Competition .Net 202

Berkonomics

JANUARY 20, 2010

Some businesses require very little capital and the founder is able to self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Do not expect grand valuations of your enterprise from these professional angels. For you who fit that description, nice work.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

Both Sides of the Table

MARCH 22, 2012

They are your route to angel money. Your entrée to sales meetings. Helping with a Sales Lead. People need access to angels and VCs. But all too frequently people send angels & VCs too many unqualified intros. They think they’re doing the startup a favor by casting a wide net to VCs.

Email 359

Email Venture Capital Startup Technical Review 359

socalTECH

MARCH 3, 2011

The firm is based in Los Angeles and Seattle. David Aronchick: When we first got started, although we had a number of connection through Fouad, I worked with my network in Los Angeles, and my network in Seattle, and we landed an angel investment split between both those Los Angeles and Seattle investors.

Redpoint 201

Redpoint Startup Content .Net 201

socalTECH

JULY 7, 2010

Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. com, and was CEO of Vivendi Universal Net USA. Getting lots of notice--and controversy--at Demand Media for its use of writers to create content specifically to attract web traffic.

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

Tech Coast Venture Network

APRIL 22, 2010

Once you have some skin in the game, if you personally can’t get to some level of revenues in the business, or at a minimum, pre-sales or letters of intent, then on to round two – asking family and friends for help. In order to qualify, you have to have high net worth, a strong credit score and significant skin in the game.

Startup 124

Startup Tech Coast Angels TCVN Incubator 124

Startup Professionals Musings

JANUARY 8, 2013

Angel investor. Almost all angel investors are “high net worth” individuals who made their money running a successful business in your domain, and they will mentor your team as well as demand the discipline you need to make your business work. High-travel sales and buyer positions. Retail sales to Gen-X and Gen-Y.

Startup 98

Startup Mentor Demand High Tech 98

Startup Professionals Musings

NOVEMBER 20, 2011

Angel Investor. Almost all angel investors are “high net worth” individuals who made their money running a successful business in your domain, and they will mentor your team as well as demand the discipline you need to make your business work. High-travel sales and buyer positions. Retail sales to Gen-X and Gen-Y.

Entrepreneur 107

Entrepreneur Mentor Demand High Tech 107

socalTECH

DECEMBER 12, 2014

One Los Angeles company-- OneStop Internet (www.onestop.com) has created a growing business handling exactly that. The way we get compensated, is we receive a percent of net sales that flow through the website. If e-commerce isn''t your main line of business, how do you get a handle on all of that? Our clients like that a lot.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Berkonomics

MARCH 30, 2010

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Venture Capital 212

Venture Capital Product Resource Marketing 212

Startup Professionals Musings

NOVEMBER 3, 2014

Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Take little to no net profit. As soon as you bring in investors, they force you to plan for an exit (merger or sale) in three to five years. Reinvest gross profit.

Organization 111

Organization Startup Summary Entrepreneur 111