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Activision Blizzard To Slash Almost 800 Employees

socalTECH

The move comes even as Activions Blizzard reported record net revenues in 2018 of $7.50 Santa Monica-based game developer Activision Blizzard says it is slashing 8 percent of its staff, or nearly 800 employees, as a part of a restructuring effort at the company. bllion, up from the $7.02 billion it had in revenues for 2017.

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Report: The Bay Area Isn’t Bleeding Tech Workers After All

Tech.Co

You’d be forgiven, then, for assuming the city is seeing a net loss of tech workers. But, you’d be wrong, according to a new report out from LinkedIn. LinkedIn’s April report on the state of the U.S. And, as it turns out, reports of Silicon Valley’s destination demise have been greatly exaggerated.

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What’s the minimum information to give your investors?

Berkonomics

And most of us investors are frustrated by the lack of regular communication – unless of course – the company needs more money. This could include the need for audited financials, monthly financial and narrative reporting and more. Every investor wants regular information from companies taking their money.

Class 120
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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. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
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Does your company have a “dirty cap table?”

Berkonomics

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. To compound the problem, often stock is issued by the entrepreneur without filing any report of such issuance with the state of issue. Missed filing requirements.

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10 Qualities That Will Make You Stand Out In Business

Startup Professionals Musings

In her classic book on this subject, “ The Essentials of Fabulous ,” Ellen Lubin-Sherman, who has been tracking fabulous people most of her life as a writer and journalist, tried to net it out. Everyone looks for “rapport talk” rather than “report talk.” Of course, it will never happen if you don’t start or don’t believe.

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How much information do you give to investors?

Berkonomics

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.

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