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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

The pandemic also helped as artists who were cut off from their audiences began to explore alternative ways to reach fans — and make money. Sales, Sony Music Entertainment, in a statement. . “ We’re helping creators make money and build a business on top of video. ”

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Looking to be acquired? Think the 10/40 or 20/20 rules.

Berkonomics

Public companies looking to acquire your growing enterprise usually have a few financial measures that help them weed out those candidates that will be too expensive in terms of effort or of too little financial attractiveness. That’s quite a goal to achieve. The second rule: The 20/20 rule. Not a bad goal, and certainly not a bad result.

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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. A Net Promoter Score of 10 and a bank account of 0 equal a failed venture.

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THQ Seeks Buyer As Sales Slip

socalTECH

THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. The firm said it hired Centerview Partners to help evaluate "strategic and financing alternatives". The announcement came as the firm announced net sales of $107.4M

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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. A Net Promoter Score of 10 and a bank account of 0 equal a failed venture.

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Amgen Acquires Otezla for $13.4 Billion

socalTECH

According to Amgen, the deal will help strengthen its inflammation portfolio, and will be worth approximately $11.2 billion net of anticipated future cash tax benefits. billion in sales in 2018. Amgen said it expects low double-digit sales growth for Otezla over the next five years. billion in cash. Otezla had $1.6

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Need money? Read this!

Berkonomics

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). For those of you who fit that description, nice work. There is a lot to say about retaining control. The post Need money?