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Wealthiest Angelenos: Snap Soars, Driving Huge Returns

L.A. Business Journal

For those Wealthiest Angelenos whose fortunes are tied to technology, the pandemic brought big gains in net worth over the past year.

.Net 243
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Agenda Posted for Net@50 on July 16 at MIT Media Lab

Xconomy

Come celebrate milestones the internet has made over the past 50 years at a special event called Net@50 on July 16 in Cambridge, MA, organized by the World Frontiers Forum and Xconomy. And a gala dinner at Café ArtScience will honor the internet’s pioneers and bring together past, present, and future technology and business leaders.

.Net 79
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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.

.Net 182
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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.

.Net 168
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How much is that one additional unit worth?

Berkonomics

There is amazing leverage in high gross profit margins once a company is past breakeven. Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. Just to be fair, a 5% cut in costs would also double net profit. An example to make this clear. That’s impressive sales leverage.

.Net 156
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An economics lesson for growing companies

Berkonomics

Catching up from past insights. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. Growing companies usually require more working capital during their periods of rapid growth. Read the loan covenants carefully.

Company 156
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Need money? Read this!

Berkonomics

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). Many accelerators have come and gone during these past five years.