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All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. In 2016, our Santa Monica office more than doubled market share of early-stage companies. This is a trend from 2016 that should gain momentum in 2017. Rob Freelen: Focus.
Los Angeles-based TaskUs , which provides business process outsourcing, said this week that it has named Jarrod Johnson as Senior Vice President of Sales. Johnson was most recently SVP of Sales, Marketing, and Client Development at FacilitySource, and also had served at IBM and Xerox. Johnson will be based in Dallas.
By now you have many smart people around your board but probably people who don’t totally understand the nuances of your employees, customers, sales reps, marketing messages, technology challenges, competitors and strategic choices. how much energy to put into channel partners vs. direct sales. And here’s the thing.
All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. 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.
It’s a new year – 2016. But putting no time into anchoring your beliefs because you’re too busy executing sales, marketing, support, product & engineering is an easy recipe for leadership drift. There are always flavors-of-the-month strategies or markets that are in favor in the tech startup world.
The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, selling 8.75 The meat processor and marketer invested in Beyond Meat back in 2016. million when it began selling its wares in 2016 to $87.9 million in 2018, down from $30.4
This contribution is from John Greathouse , a longtime venture capitalist and also a professor at UC Santa Barbara, who was instrumental in Computer Motion's initial public offering and the sale of GoToMeeting to Citrix. You'll be able to see all the many 2016 reflections here as they are posted. READ MORE>>.
Wednesday, November 9, 2016 -- Disrupt Your Market to Grow Big and Grow Fast. join us at our November Entrepreneur Speaker Series event where Tom White, Director of the Los Angeles Cleantech Incubator at CSUN, will reveal the secrets to Disrupt Your Market to Grow Big and Grow Fast. Cal Lutheran Center for Enterpreneurship.
It may seem hard to believe, but even in 2016, there remain a number of successful consumer brands that are not sold online. I thought it would be interesting to understand the challenges and concerns of entrepreneurs who began selling online for the first time in 2016, so I sat down with Heidi Muther, COO at Z S upply , LLC.
TECHSPO LA is a four day technology expo taking place June 13 – 16, 2016 at the luxurious Loews Santa Monica Beach Hotel, Santa Monica, California in the heart of Silicon Beach. The Best Part? Be prepared to be inspired, amazed and educated on how these evolving technologies will impact your business for the better.
Jennifer Schwab, the founder and CEO of Entity, has built the business since 2016 on virtually no outside funding, but said that this latest financing is a precursor to the company working on its first, more traditional VC-led equity round. Since 2016, some 400 students, almost all women, have completed the course.
Episona has been offering up its test since October of 2016. The company said the new funds go towards commercial expansion of its product, increase sales and marketing, and for further technology development. The company is led by Dr. Alan Horsager.
Financial details of the sale were not announced. L Squared Capital Partners had recapitalized Learners Edge in September of 2016; the private equity investors says it increased the company's revenues by more than 2.5x Learners Edge provides professional education products to teachers. since that time. READ MORE>>.
It is an heroic accomplishment in a brutal fund-raising market in which only market leaders can bring in that sort of money. forward sales with some as high as 12x sales. Every VC who’s been the business for a long time realized first hand that the VC markets were changing rapidly as early as Q3 of 2015.
Santa Barbara-based Anchore , a provider of security and compliance tools for the "container" market, said it is expanding its footprint internationally, with an office in the United Kingdom. According to Anchore, the new office in the UK will be for its sales and customer support teams, and it also plans additional hires.
Playa Vista-based Appetize , which develops tablet-based, modern point-of-sale (POS) technology for the food service and retail markets, says it has doubled its employee count in the last year to 200, as it sees what it calls "exponential" growth in its business. READ MORE>>.
FMG Suite is a developer of cloud-based marketing automation software specifically for financial services professionals and advisors. K1 Investment Management said the sale is its second in the last few months; the company sold Checkmarkx LLC to Hellman & Friedman LLC back in April, in a deal that valued Checkmarkx at $1.15
Irvine-based Future Media , a digital marketing company, announced late Thursday that it has acquired Oak & Jackal , a direct-to-consumer maker of watches. Future Media said the acquisition is its first foray into consumer sales. Oak & Jackal was originally launched and funded through an effort on Kickstarter , in June of 2016.
Social networking continues to be a superior force in marketing, especially Facebook. How can your company best benefit from social networking ads in 2016? How can your company best benefit from social networking ads in 2016? Top 3 Important Facebook Marketing Trends to Watch and Emulate. That was $15.5
In addition to the CEO news, Spireon said it saw "record breaking" sales in the first quarter of 2016. The company did not provide any financial details on those sales, only saying it had double digit growth in revenues and units compared with Q1 of last year.
ShippingEasy , the developer of cloud-based shipping, inventory management, and customer marketing software arm of El Segundo-based Stamps.com is targeting third party Amazon sellers today, with a new product release. READ MORE>>.
San Diego-based residential solar power installer OneRoof Energy said late Friday that it has "significantlyr educed" its work force, and has begun winding down its operations, after it said it was unable to secure financing necessary to continue sales, marketing, and development. READ MORE>>.
Oculus has pumped hundreds of millions of dollars into funding VR content, and while the headset market is still small, developers have built plenty of games and experiences. Early Bird tickets are still on sale for one more week. See full agenda here. Kickstarting an Industry. Yelena Rachitsky [ Oculus ] . Book your tickets here.
It’s also a massive market — and by Danna’s estimates, still with a lot of untapped business — with Boulevard quoting figures that forecast personal care and beauty sales passing $1.4 But for now, it’s a startup its investors believe is on solid footing in its home market. “As Focusing on the U.S.
said this morning that it has create a new, Chinese joint venture, to market and sell its data center storage systems in China. The two said the JV will become operational in the second quarter of 2016. Irvine-based disk drive and storage maker Western Digital Corp. Ltd, and 49% by Western Digital. Ltd, and 49% by Western Digital.
Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. How big and growing is the total market and your target segment? They like billion-dollar markets with double-digit growth rates.
As we noted in our survey of more than 150 VCs we know in the industry, many saw drops in Q4 valuations last year with nearly all of them projecting decreases in 2016. Deflationary economics are well understood – in a market when prices are dropping one prefers to wait a few months to see if prices stabilizes before committing.
Examples of VC platform services include: recruiting, marketing, design support, inside sales reps, consulting, accounting services and so forth. Side Note : Upfront has hired Kerry Bennett as a member of our executive management team to run marketing – please follow her on Twitter here ].
Many entrepreneurs assume that everyone will love their solution as much as they do, so they tune their marketing focus based on their own needs and wants. Expanding your market into these areas requires thinking outside your personal box. Identify your built-in biases and define compensating development and marketing strategies.
Robert Blatt: The first stage, in 2013, was really nailing product-market-fit. What we did in 2014-2015 and most of 2016, was to really, really refine the business model, so that we could be a successful company, and not just have a successful product. What's the biggest thing that the company has done since you came on?
million in funding on TechCrunch led by Harmony Partners and Upfront Ventures to double its footprint of 3 cities (New York, Chicago & Washington DC) to 6 in 2016. We raised this capital in what has increasingly become a difficult market for fund raising so I’d like to share with you some details on how we get it done.
There are a few entrepreneurs who seem to always be ahead of the rest, and are able to sense where the market is going tomorrow. Lone scientists may uncover some great technology, but a team is required to build a solution and a market. Marty Zwilling First published on Entrepreneur.com on 05/11/2016.
Our interview this morning is with Vahid Manian , the Chief Operating Officer of Morse Micro (www.morsemicro.com), a semiconductor startup which is developing chips for the Wi-Fi HaLow market. We are focused on developing Wi-Fi HaLow 802.11ah, which was solidified back in 2016. It's a new Wi-Fi starndard.
Does your business have a visible positive strategy, or do your customers and employees still see your primary focus as closing more sales and killing competitors? Market and customer positioning. Clearly focusing on the right market and customer profile sets your competitor differentiation.
A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What that's done, is it's create a large hit in this space, at the top right end of the market.
His focus is primarily on improving the results for traditional sales professionals, but I’m convinced that the same principles are equally critical for entrepreneurs selling their startup to investors, strategic partners, and customers. Marty Zwilling First published on Huffington Post on 09/24/2016.
If your imagination is primarily technical by nature, then you need to complement your efforts by attracting partners with more imagination in marketing, sales, finance, and operations. Marty Zwilling First published on Inc.com on 11/17/2016. A successful business is a combination of creative ideas in all these disciplines.
If you were a big company like Proctor & Gamble, for instance, you'd have a whole side of your business with IT, for your sales, marketing, and financial folks. After the Ukraine event, we spearheaded a project to address those issues, and in 2016, we put together that project to reduce the attack surface on the U.S.
If you don’t yet have a hundred investors knocking on your door, it’s time to put more focus on viral marketing, closing customers, and exponential growth. The target market better be a big one, certainly over a billion dollars, with a double-digit growth rate, and large enough to absorb multiple entrants.
I had no issue with this and actually helped him by marketing his offerings. I was cool with this and we agreed that I would handle the site build out, site management, all customer facing responsibilities, all sales, marketing and operational aspects of the business except for our accounting of course. I did the rest.
Others do far too little, assuming the viral effect and word-of-mouth will soon kick in, and sales will suddenly grow exponentially. Continually add new marketing and distribution partners. Real growth always requires real marketing. Ask every employee to focus on sales. Aggressively enter new markets and sales channels.
When we launched in January 2016, it ranked in one of the top 30 social networks and people simply liked the idea of discovering who shared your birthday nearby and the idea of celebrating with others,” said Hagger. What we’re trying to do is provide the tools for young people to give authentically and efficiently,” said Hagger.
In 2016, that represented a couple of unique concepts. As time has gone on, the company then shifted into the ridesharing market, essentially operating as a car availability platform for Uber and Lyft drivers. One, was it allowed you to get a used car subscription with your phone.
The right channel for marketing and distribution is one of the basic “four Ps” of business (product, promotion, price and placement). For growing revenue and market share, it’s a key element of your overall strategy, and one that can make or break you. In many product areas, especially retail, the channel is the market.
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