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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

The two men built a suite of services to help contractors like their fathers manage their businesses. Battery isn’t the only marquee investor to find value in ServiceTitan’s business developing software managing day labor. These kinds of technologies, unlike AI, don’t automate away workers.

Glendale 271
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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

LendingClub helped to pioneer the model, saying in November 2012 that it had surpassed $1 billion in loans issued since 2006, when it was founded. The company became a Wall Street darling when it raised $1 billion-plus through its 2014 IPO, and now claims to have deployed roughly $19 billion in loans since inception.

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How Boards Need to Evolve Over Time

Both Sides of the Table

Reviewing financial & operational performance. It’s your job to help them get oriented with the right amount of information so that when you come together you can focus on making good decisions or at least helping you discuss difficult topics rather than spending all of your time informing them. Mentorship.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

I told her that I believed America’s best asset – driven initially from software innovation mindset in the San Francisco Bay Area and media innovation driven from Los Angeles – was our willingness to accept failure. Are we right in all of our assumptions and diligence? Mark Suster (@msuster) November 1, 2014.

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Echo Labs Wins “Quick Pitch” Contest with Digital Hybrid Microscope

Xconomy

Cho, a former sales manager for Nikon Instruments and Vala Sciences, founded Echo Labs in 2014. The San Diego group also hired its first executive director, Ashok Kamal, and has been working to improve its operations by restructuring and streamlining its due diligence process. He told the audience Revolve sales had generated $1.8

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. I am grateful to Mike Krenn, the venture group’s president, for his help on this project. The results were so encouraging, we’re doing it again.

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AOL Owned CrunchBase Pulls Plug on People+ Startup

Tech Zulu Event

Check out a sample demo of their Google Glass product, due to arrive in 2014 (well, it was due to arrive then). As one astute commenter on one of the many up-roaring blogs stated (paraphrased): “AOL’s just mad that People+ beat them to the punch” Maybe there’s something more that we don’t know.