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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

A question that I still hear debated often is whether a new online platform startup growth strategy should focus on user count or profits. What most people don’t realize is that the total outside funding to get it there has been estimated at over $800 million, which is a bit more than you will get from any angel investor.

Platform 118
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ServiceTitan Acquires Pointman

socalTECH

Los Angeles-based ServiceTitan , which develops a cloud-based software platform used by residential and commercial service contractors to manage their businesses, has acquired Pointman , a New York-based company that develops software for contractors. Pointman is based in Buffalo, New York, and was founded in 2006.

Coach 113
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Vulog will power Hyundai’s new LA car-sharing service

TechCrunch LA

The technology behind Hyundai’s new car-sharing service in Los Angeles is provided by a company that is largely unknown despite its ubiquity. The French-based company has been providing the underlying hardware and software needed for car-sharing services since 2006. Vulog might have a low profile, but it’s hardly a startup.

Services 119
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Panache Acquired By 24/7 Real Media

socalTECH

Los Angeles-based Panache , a provider of online advertising software and services, has been acquired by 24/7 Real Media , 24/7 Real Media said this morning. 24/7, which is part of WPP, said it will incorporate Panache's digital video ad technology and formats into its Open AdStream platform. The firm was founded in 2006.

Media 140
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Reflections On 2017: Anna Barber, Techstars LA

socalTECH

Today, we have a contribution from Anna Barber , the Managing Director of Techstars LA (www.techstars.org), one of three startup accelerators run by Techstars in the Los Angeles area. In 2006 she sat next to a woman on an airplane who became her business partner in her next startup, Scribble Press.

Press 193
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Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

San Diego’s Scientist.com set out in 2006 to disrupt part of the pharmaceutical business by providing an Amazon-like approach to the business of hiring contract research organizations (CROs). Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations. Lustig argued.

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Reflections on 2018: Anna Barber, Techstars LA

socalTECH

Anna Barber , the Managing Director of Techstars LA (www.techstars.com), one of the startup accelerators run by Techstars in the Los Angeles area. In 2006 she sat next to a woman on an airplane who became her business partner in her next startup, Scribble Press. You'll be able to browse all of those contributions here.

Startup 124