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Former Avast CEO Steckler Dies Unexpectedly In Irvine

socalTECH

According to Avast, Steckler passed away in a tragic car accident in Irvine, California, on June 15, 2021, at the age of 62. Steckler took Avast public on the London Stock Exchange in 2018, and took Avast from just under $20M in revenues to $800M, according to Avast. Steckler had both a B.S. in Information & Computer Science and a B.S.

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Etsy Is Boosting Seller Transaction Fees By 30%

Tech.Co

Ecommerce company Etsy is hiking its transaction fees for sellers for the first time since 2018. The transaction fee was last upgraded in 2018, when it went from 3.5% Esty enjoyed their best quarter ever in the just-ended fourth quarter of 2021, so they're still seeing numbers on the rise. for each sale. What to Know.

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Trade Desk Chief Strategy Officer Steps Down

socalTECH

e originally founded and ran the company's New York office, before moving to Los Angeles in 2018. HThe company said Stempeck will continue in an advisory role through January 31, 2021. Stempeck was employee number eight at the company, and has been at the company for more than ten years.

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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

For example, Bird had gross margins that were negative in 2018, 2019 and 2020. This year, the company expects — looking at predictions that included results through Q2 2021 — to post positive gross margins. million in Q2 2021, its best result ever, and one of only four quarters in which the result was positive.

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Riot Games Buys Hypixel Studios

socalTECH

Hypixel Studios was founded in 2018, and was angel backed, including investors from Riot Games. Hypixel Studios is still working on Hytale, and has said it plans to launch the title in 2021. Financial terms of the acquisition were not announced. Hypixel Studios is based in Derry-Londonderry, North Ireland. READ MORE>>.

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Honey Acquired By PayPal For $4 Billion

socalTECH

PayPal said that Honey was profitable on a net income basis in 2018, and that it expects the acquisition to be acrretive to its non-GAAP earnings per share in 2021. READ MORE>>.

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Reflections on 2020: Brian Mac Mahon, Expert Dojo

socalTECH

What are you most looking forward to in the technology/startup world in 2021? We are extremely focused on these regions in our hunt for Unicorns in 2021. We intend to double down on investing in 2021 with 2 investments a week planned. In 2018 & 2019 Expert DOJO made 42 investments. Lots and lots of opportunities there.