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The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

When convertible debt first started being introduced as a “faster, cheaper way to get startups funded” they didn’t have pricing built into them. ” And some seed stage investors told me, “I prefer not to fight over price now. They’ll get priced soon enough by a VC.” Enter “the cap.”

Startup 354
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Digital Family Reunion 2014: Less Than A Week To This Year's Biggest Party!

socalTECH

Tickets are on sale now , so buy your ticket today! socalTECH.com readers can get $20 off the normal ticket price by using the code SCTWEB. Last year, we had over 700 people at the Digital Family Reunion/1st annual socalTECH 50 event -- we''ve had a huge response this year and now think we might have 1000 people at the event!

SoCalTech 157
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TrueCar Names Dealer Service, Sales Lead

socalTECH

Santa Monica-based online auto pricing and sales site TrueCar said it is l‌ooking to improve services to dealers and strengthen relationships with its dealers, through the appointment of a new executive. TrueCar said it has named Brian Skutta as its new Executive Vice President of Dealer Sales and Service.

Truecar 100
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socalTECH Jobs: Job Highlights for August 7th, 2014

socalTECH

The Vice President of Business Development reports to the CEO and is responsible for the direction and management of all worldwide sales operations direct and indirect, including market competitiveness, pricing, compensation, and distribution. Business Development Director, Colony Logic - Los Angeles.

SoCalTech 124
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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. Who are your competitors – how much do they charge?&#. It’s pure irony. interest?

Services 332
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Announcing the agenda for TC Sessions: AR/VR in LA on October 18

TechCrunch LA

If anything, the OculusVR acquisition in 2014 signaled that Facebook saw VR as a social final frontier. While VR startups raised plenty of cash in 2016 and 2017, slow headset sales have caused startups to focus on building for a virtual future that might take a couple more years to reach. The Social Experiment.

UCLA 185
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Interview with Scott Cannon, CEO of BigRentz

socalTECH

In 2014, we raised quite a bit of money from St. The company has grown about 200 percent since 2014, in terms of revenue. Really, we're the sales and marketing arm of those companies. They invested in 2014, and asked me to meet with Dallas Imbimbo, the CEO and Founder. Then there was haggling back and forth about price.

Startup 174