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Diversis Capital Sells Portfolio Firm

socalTECH

Los Angeles-based private equity investor Diversis Capital said this morning that it has sold one of its portfolio companies, BLUE Software , to software company Esko. Financial details of the sale were not announced. BLUE Software is a developer of label and artwork management software, and is based in Chicago.

Capital 100
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Reflections on 2016: Jeb Spencer, TVC Capital

socalTECH

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. READ MORE>>.

Capital 113
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Events.com: Creating A New Events Management Software Giant, with Gregg Parise

socalTECH

Is the world ready for another event management software provider? Gregg Parise What we are doing, is we are going into the event management software space, and doing it through a platform technology. We were able to hire Mike Riley, the voice of Iron Man, who had been the global head of sales for Active.

Software 100
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Interview with Mike Whitmire, CEO and Co-founder, FloQast

socalTECH

For today's interview, we sat down and talked with Mike Whitmire , the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. Mike tells us about the company, who uses its software, as well as how he was initially turned away from the Amplify.LA

Startup 124
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. But software companies often take longer to scale top-line revenue than retailers so it takes a while to cover your nut.

Startup 383
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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

Creators and influencers like Bernstein are forging a path from content creator to full-fledged business, with multiple revenue streams via podcasts, licensing deals, branded merchandise and even software products. “A million Series A led by Puma Private Equity, a U.K.-focused million followers , on Tinder. focused fund.

Platform 170
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

Early in a services business there is usually no profits as the company reinvests in hiring people to grow, but by $20 million in sales the company should at least be pulling in 10% profits (if not more) depending on how much is reinvested. “How much is that software really worth? That is $12 million in profits over 3 years.

Services 332