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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Since its 2017 inception, SpotOn has been focused on providing software and payments technology to SMBs with an emphasis on restaurants and retail businesses. SpotOn will now have over 500 employees on its product and technology team, according to co-founder and co-CEO Zach Hyman. Image Credits: SpotOn.

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GM exits car-sharing business and shuts down Maven

TechCrunch LA

The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19 pandemic. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. More specifically, it’s the contractors that service equipment like the heating, ventilation and cooling systems at commercial and residential properties across the U.S. The city of Glendale, Calif.

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How MakeSpace Recently Closed $30 million in New Funding

Both Sides of the Table

So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? If you buy that Amazon is a tech startup then essentially you’ve already answered the question. years of software development.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017

Xconomy

View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. I met with Seed San Diego partners Taner Halicioglu and Eric Gasser, who also reviewed the companies and provided their feedback. I widened my net this year.

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7 Steps To Finding Investors Aligned With Your Values

Startup Professionals Musings

Some investors are all about making money, while others care more about changing the world, advancing technology, or curing a disease that has ravaged their family. The basic categories include equity, straight debt, convertible debt, services, and agreements for future equity. Document the investment types you are willing to consider.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. How profitable is my product or service? What sized team can I afford in order to sell, market & provide service to these customers? Seriously, this happens.

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