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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. Let business success be your definition of satisfaction and happiness, rather than some arbitrary monetary statistic.

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If Your Passion Is Saving The Environment, Start Here

Startup Professionals Musings

Al Gore, by just talking about it, still seems to be leading the way in monetization, having amassed an estimated net worth reported recently as around $300 million. Thus I offer some practical strategies if you are looking for direction or the best place to start: Look for opportunities to increase recycling and reuse.

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10 Reasons Why IPO Is No Longer A Good Startup Exit

Startup Professionals Musings

In the old days, every entrepreneur dreamed of someday taking their startup public, and making it a multi-national powerhouse. According to an Ernst & Young report , the number of startups that have gone public in the US over the past decade is down about 75% from the previous decade, to about 10% of startup exits.

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Interview with Robin Richards, Internships.com

socalTECH

Richards , who most recently sold The NTI Group to Blackboard, and previously also was CEO of Vivendi Universal Net USA, the founding president and COO of MP3.com, Robin's latest startup is Internships.com (www.internships.com), an online site focused on aggregating internship opportunities and providing resources to potential interns.

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Interview with Robin Richards, CareerArc

socalTECH

com, and Vivendi Universal Net USA, where he was also CEO. Richards also has been an active angel investor in local startups. Statistically, you are 10x more likely to get hired through a referral by an employee than a non-referral. What do you need to be make a startup successful? What is CareerArc?

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. He uses his former home, a just-under 900-square-foot beach bungalow two blocks away, to house Facebook employees visiting from up north. More than 600 tech start-ups have sprung up in L.A.