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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch LA

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. 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. So what?

News 148
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EV subscription startup Canoo, co-founder sued for alleged harassment

TechCrunch LA

Just weeks after Canoo took the wraps off of its electric vehicle , the Los Angeles-based startup and co-founder Stefan Krause has been accused of gender and marital discrimination, harassment, breach of contract, and wrongful termination in a lawsuit filed Tuesday. The first cars are slated to appear on the road by 2021.

CTO Hire 198
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Origin wants to make accessible physical therapy women’s new normal

TechCrunch LA

“We had originally planned to spend more time with in person care and then actually launch our digital platform — telehealth — in 2021. The team started working with this practice in late 2018, with a formal partnership following on last year. Early growth in visits is running at 100%, month over month, per Carmy.

Startup 140
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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Historically, legal practice management software was limited to server-based solutions designed for enterprise businesses — not small law firms, Newton said. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup. Clio was formed to change that.

Platform 244