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LA’s consumer goods rental service, Joymode, sells to the NYC retail investment firm, XRC Labs

TechCrunch LA

After raising $15 million in financing from one of technology’s most successful global investment firms, the Los Angeles-based consumer goods rental company Joymode is selling itself to an early-stage retail investment firm out of New York, XRC Labs.

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Science Inc. Backs Plowz & Mowz With $1.5M

socalTECH

has backed a startup, Plows & Mowz offering up an on-demand marketplace for snow plowing and lawn care. The investment is the first one announced since the successful acquisition of Science Inc. portfolio company Dollar Shave Club, and appears to be the first publicly announced investment by Science Inc. since 2015.

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Make More, Work Less – Create A Veblen Brand

InfoChachkie

Thorstein Veblen coined the phrase “conspicuous consumption” in 1899 when commenting on the human desire to publicly display wealth through the acquisition of consumer goods. A Veblen good does not adhere to the traditional laws of price and demand. Fashion companies usually ramp production, as demand increases.

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What I Learned in 2014: Kevin Winston

socalTECH

Demand Media hosted a welcoming opening party at the Vicerory, and Media Temple organized an amazing closing party at Cross Campus with aerialists, DJ, interactive displays - and people are still talking about the delicious food. At the end of 2013, we were excited when there was an investment round of $20M to $30M.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

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8 Ways To Maximize The Value Of Your Startup Stock

Startup Professionals Musings

Even though initial stock has no value or market, it is extremely valuable in dividing entity ownership between multiple co-founders, commensurate with their investment, contribution and role. Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out.

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Don’t Let Faux Unicorns Screw Up Your Financing

InfoChachkie

Unfortunately, the coming market correction will reverberate to all stages of venture investing. Investors that insist on investing more than their pro rata allocation in follow-on rounds have an incentive to compress the company’s valuation to maximize the percentage ownership acquired by their investment.

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