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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. We’ve been delighted with 8VC as a co-investor.

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Eano’s Stella Wu is not your typical construction tech startup founder

TechCrunch LA

Stella Wu, who formerly worked as a growth product manager at Wish, got firsthand experience of the pain points related to the process when she bought her own house in 2017. “I Construction tech startups are poised to shake up a $1.3-trillion-dollar They were not reliable and bad at communication.”. trillion-dollar industry.

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HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity

TechCrunch LA

In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. Just two weeks ago, HBCUVc was struggling to keep staff on deck due to the financial impact of COVID-19. Among the strategies?

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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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The Snap IPO Happened. What Next LA?

Both Sides of the Table

Mayor Eric Garcetti at Upfront Summit, February 2017 I first sat down with then councilman Eric Garcetti on the Ides of March 2012 — almost 5 years ago exactly. He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected.

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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. Understanding how your company will change as you move through these phases is critical if you hope to scale to a large business one day.

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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. Maven had already suspended its consumer car-sharing and a peer-to-peer service due to COVID-19. For instance, the company launched in 2017 Maven Reserve in Los Angeles and San Francisco to allow customers to rent its GM-branded vehicles for a month at a time.