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Magnite Prices $350M Offering

socalTECH

Los Angeles-based Magnite, the sell-side advertising software developer which was previously known as Rubicon Project, says it has priced an offering of $350M in convertible senior notes. The company said the convertible note offering was made to qualified institutional buyers. The notes are due in 2026.

Pricing 113
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A heartbreaking story about time and money.

Berkonomics

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. We often accept that development schedules for young companies are almost always too optimistic. The financial pain of unplanned delays.

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Eight Repeat Entrepreneurs To Watch In SoCal

socalTECH

com, and was CEO of Vivendi Universal Net USA. OpenCandy / Darrius Thompson - Thompson and a team with roots at DivX is taking on the open source software recommendation market with OpenCandy, which helps software developers monetize their open source, and also connects advertisers with users of relevant products.

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Wasted time is money lost.

Berkonomics

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. We often accept that development schedules for young companies are almost always too optimistic.

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Are Business Plans Still Necessary?

Both Sides of the Table

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). That died with waterfall software development.

Web 2.0 334
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Lean on Your Networks When Making Early Hires

Tech.Co

And if, like us, you spend the first six months of your startup under a rock, your social capital may begin to dry up. If you hired an outstanding front-end software engineer, chances are they are friends with other outstanding software developers. Tap Into Your Network.

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Wasted time is money lost. (And another story of lost opportunity.)

Berkonomics

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. We often accept that development schedules for young companies are almost always too optimistic. Email readers continue here.]