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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. So what?

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

TechCrunch LA

The lawsuit filed in Los Angeles Superior Court makes a number of allegations against Stefan Krause and Canoo, including that Christina Krause was paid less than other founding members and not given the co-founder designation or the equity stake that often comes with that title despite being a founding employee.

CTO Hire 198
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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.

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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.

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