article thumbnail

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.

SaaS 292
article thumbnail

7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. Once you accept equity investor money, or go public with stockholders, you won’t believe the things they demand, and the legal rules you have follow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Another approach is simply repurposing used items, or simply passing them down to less demanding users, like the ecoATM story with used cell phones, tablets and MP3 players.

article thumbnail

Interview with Robin Richards, CareerArc

socalTECH

com, and Vivendi Universal Net USA, where he was also CEO. Statistically, you are 10x more likely to get hired through a referral by an employee than a non-referral. You've got to know best practices in demand generation. Richards also has been an active angel investor in local startups. What is CareerArc?

Content 193
article thumbnail

10 Reasons Why IPO Is No Longer A Good Startup Exit

Startup Professionals Musings

In developing countries, like China and India, the statistics are reversed. Most just don’t enjoy all the challenges of communicating to analysts, placating demanding stockholders, and keeping up with legal reporting requirement. Startup founders don’t fit in a public company.

Startup 97
article thumbnail

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, There's a gigantic need for the demand side of the marketplace. One of the more successful serial entrepreneurs here in Southern California has been Robin D.

Startup 223
article thumbnail

Boomers are Looking for Another Bite at the Apple

Startup Professionals Musings

In case you think that all of these are employed by big companies, listen to these statistics: According to an article in U.S. They have the maturity and sophistication to deal with your demanding executives and partners. Last year about 40% of the total workforce was Boomers. of startup businesses as far back as 2005. Angel Investor.

Mentor 75