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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. million in a Series D round of investment capital, according to founder and chairman Tony Farwell. The results were so encouraging, we’re doing it again.

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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. It was Iconiq that put a whopping $80 million into ServiceTitan just last year — and while the 2017 cash infusion may have been larger, the company’s valuation has continued to rise.

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GM exits car-sharing business and shuts down Maven

TechCrunch LA

Maven had paused service due to the COVID-19 pandemic. The Verge was the first to report the story. Maven had already suspended its consumer car-sharing and a peer-to-peer service due to COVID-19. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good.

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Timing and why we’re all VCs

TechCrunch LA

When should a VC invest? It’s the only way forward in capitalism, and it’s worth every investment you can make. Theodore Schleifer at Recode reported a rare deep dive into the internal intrigue at a prominent VC firm, in this case Mithril Capital. Ajay Royan told Bloomberg in 2017 that Mithril does not “charge excessive fees.”

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10 Positive Signs For Starting Your Own Business Now

Startup Professionals Musings

Statistica reports that almost 20 percent more companies went public in 2018 versus 2017. Last year 300,000+ American angels invested an estimated $25 billion in more than 70,000 startup deals. I can remember when creating a web site for eCommerce could easily require a million dollar investment.

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10 Negatives That Still Make Going Public A High Risk

Startup Professionals Musings

Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company. According to a recent Ernst & Young global report , the first half of 2017 was the most active first half by global number of IPOs since 2007.

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10 Signs That The Age Of The Entrepreneur Is Here Now

Startup Professionals Musings

According to the 2017 Kauffman Startup Activity Index , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity reached 86 percent, more than 12 percentage points higher than in 2009 at the height of the Great Recession. Most now routinely buy startups for new technology and new products.