socalTECH

MARCH 13, 2018

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The company said it invested over $50M in R&D efforts towards its technology an product in 2017. READ MORE>>.

OpenX 124

OpenX .Net Advertising Los Angeles 124

socalTECH

DECEMBER 10, 2018

Costa Mesa-based venture capital investor CerraCap Ventures says it has seen an exit out of its investment portfolio, saying that the sale of digital gifting and exchange company Swych resulted in a 4.3X Swytch was a developer of digital gift card and mobile gifting apps, and was acquired about four weeks ago by a company called Finablr.

Venture Capital 113

Venture Capital Mobile Sales Funding 113

TechCrunch LA

MAY 25, 2019

Y Combinator, the popular accelerator program and investment firm announced this week that it has promoted longtime partner Geoff Ralston to president. As Amex scoops up Resy, a look at its acquisition history . Takeaways from KubeCon; the latest on Kubernetes and cloud-native development . It closed Friday down 3 percent.

Startup 223

Startup Venture Capital Newsletter Tips 223

socalTECH

DECEMBER 30, 2016

Jeb Spencer: We closed our nineteenth and twentieth software focused growth equity investments this year, a significant milestone for our firm. Every now and then we feel like we are finally starting to get a hang of this investing thing -- though the feeling doesn't always last very long. READ MORE>>.

Capital 113

Capital Southern California Equity San Diego 113

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. MediaLab said it has “some ideas” for developing Kik going forwards, including making the app faster and reducing the amount of unwanted messages and spam bots.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

TechCrunch LA

SEPTEMBER 14, 2018

The world’s top tech companies have heavily invested in AR/VR and are persistent in broadcasting the technologies’ potential to blur the lines of how consumers interact with the digital world. If anything, the OculusVR acquisition in 2014 signaled that Facebook saw VR as a social final frontier. The Social Experiment.

UCLA 185

UCLA Startup Snapchat Los Angeles 185

socalTECH

FEBRUARY 15, 2019

However, being that I started a tutoring agency when I was 18, Beverly Hills Academics, I was able to understand the logistics on how to operate hyper-locally from the beginning, so HeyTutor could spend money on developing a platform where we knew exactly what we were doing. In this industry, customer acquisition costs are super high.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

Both Sides of the Table

NOVEMBER 14, 2017

How long does it take me to pay back my original customer acquisition costs? This financial leader could well have come through the finance org at another startup or at a larger company but they often also can come from strategy consulting (Bain, BCG or McKinsey) or through investment banking (Goldman Sachs, Morgan Stanley, etc.).

Startup 286

Startup Technical Review Custom Customer 286

socalTECH

MARCH 1, 2017

The conference is run by Jamie Montgomery , one of the local industry's pioneers in venture capital and investment. The LIDAR, the sensors, the software, what's been developed for and by the aerospace industry, JPL, and local universities. That's the Unilver acquisition of Dollar Shave, the GE acquisition of ServiceMax.

Technical Review 100

Technical Review Conference Silver Lake Cornerstone OnDemand 100

Startup Professionals Musings

DECEMBER 11, 2017

You need 5 percent or more of revenue for marketing, more for new development, and people costs will double as you add benefits, insurance, training, IT and processes. If you want to be assessed as a “premium” acquisition candidate down the road, an aggressive but reasonable target might be doubling revenue each year.

Pricing 57

Pricing Startup Entrepreneur Invest 57

Xconomy

AUGUST 12, 2016

Celgene paid Acetylon $100 million in 2013 for an option to buy the company outright, but the deal recently expired without an acquisition, leaving Acetylon to chart a new course. The new company, expected to launch in 2017, will trade on the Nasdaq under the symbol “BIVV” when the split is complete. Its financials were posted here.

Google 40

Google Technical Review News Research 40