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I am on the board of a services company that specializes in the middle of the market, knowing that very large competitors throw lots of resources at the largest accounts – resources that our company just does not have.
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.
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.
There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? You’re a small fish. That is $12 million in profits over 3 years.
As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. The one thing that Maestro won’t do is discovery or search services, Evans said.
I am on the board of a services company that specializes in the middle of the market, knowing that very large competitors throw lots of resources at the largest accounts – resources that our company just does not have.
In its first quarterly earnings report since terminating the agreement, Stamps.com posted a net income of $14 million, down 69% from $45.5 million this time last year.
Chatsworth-based Cal Net Technology Group , a provider of IT support services, has acquired Orange County-based b> inhouseIT , according to Cal Net Technology's investors, including Boathouse Capital and Olympic Valley Capital. Cal Net Technology Group had quietly announced the deal to its customers at the end of July.
Irvine-based HireRight has launched a new outplacement service and "career transition" product, which is powered by Los Angeles-based CareerArc Group, the developer of TweetMyJobs and Internships.com. HireRight is looking to offer the service to companies for helping in outplacement and in restructuring efforts. READ MORE>>.
[Email readers, continue here…] I have been on the board of a services company that specializes in the middle of the market, knowing that very large competitors throw lots of resources at the largest accounts – resources that our company just does not have.
A new, Los Angeles startup-- VerifyInvestor.com , said Monday that it has launched a new, online accredited investor verification service, which will help startups meet new requirements for funding with the new JOBS Act.
Los Angeles-based digital advertising technology developer OpenX has launched a new service today, which it says will combine content optimization and ad monetization for publishers. The firm said that publishers can use the tool to figure out what is the most valuable content on their websites.
Factual's API and database is being used by app developers to find local businesses near a user, correlate that to third party services like Foursquare and Yelp, and more. READ MORE>>.
The federal net neutrality regulation, which had guaranteed equal access to the Internet for data from all sources, is officially repealed. The Web won’t change overnight, but over time we’ll start seeing subtle signs of net neutrality’s demise that will gradually make a more pronounced impact on our daily digital lives.
Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue.
A report today says that Napster , the online music service now owned by Best Buy, is being sold to Rhapsody. Los Angeles-based Napster was acquired by Best Buy in September of 2008 in a deal which was worth net value of approximately $54M. READ MORE>>.
Woodland Hills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm reported a net loss of $2.8M, compared with net income of $14.9M The firm reported a net loss of $2.8M, compared with net income of $14.9M
It’s a strategy that has now netted the company $33 million in financing led by the Silicon Valley-based investment firm Altos Ventures and New York’s Left Lane Capital. Other companies are experimenting with specialization as a way to differentiate from the major delivery services that are on the market.
Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 If Angi and Thumbtack are the places where homeowners go to find services and technicians, then ServiceTitan is where those technicians go to manage and organize their own businesses. Based in Glendale, Calif.,
Santa Barbara-based RingRevenue , the pay-per-call services firm headed by Jason Spievak, has signed on a new customer today, Rex Direct Net. According to Rex Direct Net, it will offer pay-per-call services powered by RingRevenue's products. Financial details of the win were not nanounced.
Rightside , the domain name service company which is in the process of being spun out of Santa Monica-based Demand Media , said today that it has inked a deal to bring to new domains to the market: DANCE and.DEMOCRAT. Rightside said it has begun early registration of.DANCE and.DEMOCRAT to trademark holders.
million to bring to market a service that basically hits pause on the execution of a contract so it can be arbitrated in the event that something goes wrong. The company’s technology works as a middleware including an SDK and a contract notification and monitoring service.
Active Network operates a network of online sports registration, community activity and group sites, and other related Internet services. The firm said it had a net loss of 37.8M in 2009, and a net loss of $18.18M on revenues of $188.5M The firm is venture backed by ESPN, Canaan partners, ABS Ventures, as well as others.
According to the S-1, the firm had a net loss of $8.3M Cornerstone OnDemand develops software-as-a-service, used by human resources and others to manage learning, career development, succession planning, and other corporate operations. on revenues of $29.3M
San Diego-based music streaming service Slacker has a message for the industry: you can run a digital music service, and make money. The music streaming service says that--unlike other digital music services--it is making money on every new listener it gets, whether they are ad-supported or a paid subscriber. READ MORE>>.
The tool, which lets users analyzing the web traffic from their promotions, lets users click into a map of where users are interacting with their promotions, and get detailed demographics data--household income, education, net worth, neighborhood data, and more--at the street level. READ MORE>>.
Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue. An example to make this clear.
Los Angeles-based GameFly , which operates an online video game rental service, has filed for a $50M in an IPO on the NASDAQ Global Market. The firm reported it had net income of $2.97M on revenues of $47.68M for the six months ended September 30, 2009. For its fiscal year ended March 31, 2009, it had net income of $4.0M
Accoriding to ReachLocal, it had net income of $11.6M For 2008, the firm had a net loss of almost $7M on revenues of $146.68M. ReachLocal operates a service which helps small businesses place online advertising. on revenues of $143M for the nine month ended September 30th.
Can expenses be put off until the next period to increase income, or accelerated into this period by prepayment to decrease net income? It is a bit murky if you accelerate payment for incomplete services or even for products not yet received into this year to take the deduction from income early.
GoDaddy , the parent company of Los Angeles premium website hosting service Media Temple , has filed for an IPO--in the process, showing that the company paid $94.48M in cash for Media Temple. The company reported a net loss of $131M for 2013, on revenues of $1.13 Scottsdale, Arizona-based GoDaddy has not yet selected an exchange.
San Diego-based MIR3 , which provides emergency notification messaging services, said today that it will donate the net proceeds for customer messages delivered to Japan for the seven weeks since the earthquake and tsunami to the Red Cross effort to aid Japan.
You, the lonely fisherman, must weave a net to catch your fish. Should your net be large and bulky, requiring more effort and expense to weave? Or should it be small and delicate, to catch those fish that would otherwise fall through the net? So, is your (SOM) serviceable obtainable market large enough?
At the same time, the company said it had "positive" 2013 first quarter results, releasing preliminary results of $106M in first quarter total net revnue, up 12%, with a net loss of $15.2M. Active Network is a provider of online sports registration and other related services. READ MORE>>.
Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. READ MORE>>.
Last year the company crossed $200 million in revenue and managed to net over 1 million subscribers for the service. The Los Angeles-based company has steadily expanded its retail and lifestyle empire through subscription boxes, video… and even an augmented reality app.
Hyper-local, flash marketing platform connecting consumers with local business offers; super majority of offers are restaurant and personal services; competitor to Groupon. If this figure is accurate – it’s certainly a very large business even when you look at net revenues. Its net income for the 2009 period is $11.66
Pasadena-based Spokeo , which provides an online, people search service, is bolstering its team this week, saying that it has named LowerMyBills vet Ken Nagdev as its new VP of Optimization Strategy. Nagdev also has served at 20th Century Fox, Bizrate.com, Computer Sciences Corporation, and Adventure Net. READ MORE>>.
WD said the new device, the My Net AC1300, is aimed at providing high bandwidth streaming of Netflix, YouTube, onilne games, and Skype, and includes automatic prioritization of entertainment services traffic. Irvine-based WD said today that it has launched a new, 802.11ac wireless router and bridge.
Santa Monica-based Image Metrics , a developer of facial animation software and services, has raised $8.0M The firm said it had a net loss of $6.8M in funding and gone public through a reverse merger. Image Metrics said that ICLA will change its name to Image Metrics, and will change its stock symbol as part of the merger.
Los Angeles-based J2 Global , the owner of such Internet publishing brands as IGN, Mashable, PCMag, Everyday Health, and also cloud services such as eFax, eVoice, KeepItSafe, and Livedrive, reported its quarterly results on Tuesday evening, saying that its quarterly revenues rose to a record of $299.9M. READ MORE>>.
Newegg said it has partnered with ServiceNet, to provide its Canadian customers with extended warranties on desktop PCs, notebooks and netbooks, many PC peripherals, consumer electronics, and small appliances. The warranty coverage run from 1-4 years on TVs, and 1-2 years on most other products.
Amazon Studios said it is looking for submissions for proposals for both categories of content, and is hoping that writers, animators, and filmmakers will looking to bolster content for its Amazon Instant Video service, and is encouraging writers, animators, and filmmakers to submit proposals for comedic and children's series.
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