Startup Professionals Musings

SEPTEMBER 11, 2020

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy.

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Startup Professionals Musings

JANUARY 5, 2020

As an advisor to entrepreneurs, I find that I often have to remind them that the world of customers has changed since they started their last business. Pushing yourself on customers by touting features and price doesn’t work anymore. Use analytics to see why customers are buying, as well as what.

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socalTECH

SEPTEMBER 6, 2019

Startup Boost Los Angeles has opened up applications for its Fall 2019 class, according to the group. The programs--which does not charge fees or take equity from companies in its program--says it is seeking nine early stage startups to take part in its eight-week program, designed to help early stage startups.

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Startup Professionals Musings

JANUARY 11, 2020

They forget that adapting their company and themselves as their customers evolve is the key to long-term survival. Think of Blockbuster and Toys ‘R’ Us , both of whom missed customer changes and the move to online. Create an overt strategy to react to emerging customer trends. Remember when you were a startup?

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TechCrunch LA

FEBRUARY 23, 2021

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. an increasingly common financial path that allows the startup to eschew the once traditional IPO process.

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TechCrunch LA

SEPTEMBER 21, 2021

million since its January 2019 inception. Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking at factors such as how, when and where customers drive, rather than factors such as ZIP code or marital status as most traditional insurers do. There is no monthly fee.

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TechCrunch LA

JUNE 30, 2020

The company already boasts a few very large initial customers in the automotive industry, consumer packaged goods and aerospace and defense, including Toyota, according to chief executive Arye Barnehama. million in financing that Elementary closed at the end of 2019. “ At the end of the day the human is running the factory.

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Artificial Inteligence Los Angeles Startup Customer 234

TechCrunch LA

JULY 15, 2021

Startups attempting to help address the shortage in a variety of ways abound. One such startup, Abodu , has raised $20 million in a Series A funding round led by Norwest Venture Partners. It also claims to offer a cheaper and faster process than if one were to build an ADU from start to finish. housing market persists.

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TechCrunch LA

MAY 20, 2021

One startup that aims to help make the process simpler, cheaper and less stressful by helping people manage the home renovation process has raised $6 million to help it grow even faster. Construction tech startups are poised to shake up a $1.3-trillion-dollar Construction tech startups are poised to shake up a $1.3-trillion-dollar

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Technical Review Startup Venture Capital Software Review 185

socalTECH

FEBRUARY 11, 2019

Startup Boost Los Angeles , the early stage startup program which is led in LA by Matt Stoddard, says it has opened up applications for its Spring 2019 program. According to Stoddard, it is looking for nine early stage startups to participate in its eight-week program. READ MORE>>.

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TechCrunch LA

APRIL 15, 2021

The trio came up with a unique “co-warehousing” model that provides space for small businesses and e-commerce merchants to operate as well as store and ship goods, all under one roof. There are no leases and tenants have the flexibility to scale up or down based on their needs. Now, Saltbox has completed a $10.6

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TechCrunch LA

JANUARY 25, 2022

Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. People order Starship deliveries via the startup’s iOS and Android apps.

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socalTECH

DECEMBER 30, 2019

Today, we share the thoughts of Michele Ruiz , the Co-Founder and CEO of BiasSync (www.biassync.com), a startup which develops products that helps help organizations more effectively assess and manage unconscious bias in the work environment. What are you most looking forward to in the technology/startup world in 2020?

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Startup News SaaS Entrepreneur 100

socalTECH

NOVEMBER 27, 2019

CrowdStrike , the developer of cloud-based, endpoint protection software which was started and continues to have major operations in Irvine, has scored a top rating in a report from industry analyst Gartner. rating out of 5 based on 228 verified customer reviews. CrowdStrike said Gartner gave it a 4.9

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TechCrunch LA

APRIL 21, 2020

The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently. GM confirmed to TechCrunch that it has started to wind down Maven. Below is a screenshot of the email sent Tuesday morning to Maven customers.

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TechCrunch LA

APRIL 9, 2020

general manager ( Stefano Benatti ) — filled more orders in the first two months of 2020 than all its sales for 2019, according to Cevolini. Harley Davidson introduced its all electric $29K LiveWire in 2019, becoming the first of the big gas manufacturers to offer a street-legal e-moto for sale in the U.S. Image Credits: TechCrunch.

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TechCrunch LA

APRIL 27, 2021

Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Clio has more than 150,000 customers across 100 countries. Newton was tight-lipped about the company’s financials, saying only that since its 2019 raise, the company has seen “explosive” growth. Rowe Price Associates Inc.

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TechCrunch LA

NOVEMBER 5, 2021

billion two years ago and is expected to double by 2027, attracting startups, like alternative meat food tech company AKUA , that aim to solidify a prominent place in the up-and-coming industry. Ultimately 1,000 customers signed up, and The Kelp Burger is now the “hero product,” Boyd Myers said.

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socalTECH

SEPTEMBER 23, 2020

Constance Curtis , the Founder and CEO of The List (www.getthelistapp.com), thinks so, and tells us about her startup's efforts to bring the world of matchmaking to the modern worldand how her own frustration with online dating let to her startup. With matchmaking, you hire someone to do everything for you, setting you up for dates.

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Startup Professionals Musings

JUNE 5, 2019

Too many business owners still think of “ customer support ” as an after-sale process to rectify customer problems with completed transactions. With the advent of instant communication and social media, customer service starts at the first hint of interest by you, and never ends for repeat customers.

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Startup Professionals Musings

APRIL 12, 2019

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. Ramp-up facilities and utilities required. It’s amazing how fast your startup will outgrow your garage or home office. Unanticipated pivots, quality write-offs, and shrinkage.

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Startup Software Review Technical Review Social Media 105

L.A. Business Journal

FEBRUARY 1, 2021

Honey Science, which was founded in 2012 to help customers find online shopping deals, made a huge leap from startup to established player in November 2019 when it was acquired for $4 billion in cash from PayPal.

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Company Companies Customer Custom 130

Startup Professionals Musings

MARCH 4, 2019

Is your marketing focus product-centric or customer-centric ? With a wealth of products now available, customers look for the most memorable experience , not just the best product. Amazon is very customer-centric, but it can make all the difference in retail as well as online. Status factors are more important than demographics.

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Tech.Co

DECEMBER 28, 2022

With over 305 million start-ups being created every year globally, standing out from the crowd is a huge challenge. We've scoured the startup scene to find out which budding businesses have made big waves in 2022 — and whose growth is showing no signs of slowing down. Sign up to Tech.co's weekly newsletter today.

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Startup Professionals Musings

JUNE 22, 2020

A popular myth that most of you probably believe is that startups are only for the younger generations. In fact, I see more and more evidence that new entrepreneurs are coming from the older age groups (age 45-64), and success rates move up with age. We are more prepared to focus on life-changing entrepreneurship.

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Startup Professionals Musings

APRIL 29, 2020

The biggest complaint I hear from fellow investors is that startup founders often talk way too long, and neglect to cover the most relevant points. If you start by pitching your extended life story, that’s the wrong point. Remember you are pitching to investors, not customers. Start with the problem and your solution.

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Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. We’ll just wait until companies that last raised in 2019 or 2020 come to market.”

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Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

MARCH 7, 2017

It looks like those days might be at an end, as a local startup, Miso Robotics , and hamburger chain CaliBurger have unveiled a new robot, "Flippy", which uses artificial intelligence to grill burgers in Pasadena.

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Pasadena Artificial Inteligence CalTech Customer 160

TechCrunch LA

MAY 14, 2020

The company estimates that it saves its customers roughly half the cost of deploying an in-house fleet for delivery. . “ We provide a solution for them to flex up or down and save money.” ” After graduating from Y Combinator in the summer of 2019, the company tested its services in the Southern California region. .”

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Services Southern California Seed Funding Demand 217

socalTECH

APRIL 3, 2019

San Diego- and Irvine-based startup incubator EvoNexus announced today that it has started accepting applications to a new startup incubation effort it is running with high tech material company EMD Performance Materials. The deadline for applications is May 4th, 2019, and the two said the program begins in June.

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Startup Professionals Musings

JUNE 12, 2019

Much has been written recently about the requirement to focus today on the total customer experience, as a competitive edge or even for survival. The challenge I hear from savvy business owners and entrepreneurs operating on a shoestring is that providing a superior customer experience costs money.

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Startup Professionals Musings

JULY 31, 2019

After working in business at all levels, and consulting to entrepreneurs for years, I’m still surprised to see so many situations where things that should be easy are painful to customers, and lead to customers hating your business. For example, I recently picked up my phone to call a well-advertised local company for a TV repair.

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Startup Professionals Musings

DECEMBER 9, 2019

To refresh your memory, angel investors are typically high net worth individuals, accredited by the SEC and willing to invest their own money in a high-potential startup for a share of the ownership. If your target customer is a business, rather than a consumer, I recommend you skip crowdfunding as poorly applicable.

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Tech.Co

JUNE 28, 2021

Startup tech businesses used to land on the scene with big ideas about how their tech could change the world. However, in recent years, there have been precious few startups with such grand ambitions from an early stage. But the trend for world-changing mission statements is waning in the startup sphere.

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Startup Professionals Musings

MARCH 8, 2019

Many notable recent successes, including Airbnb and Uber, have done it by finding disruptive customers, with essentially no new technology. They seek customers willing to decouple from accepted buying models, or are actively looking for a better total experience. Instead seek out customers they can’t or won’t serve.

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TechCrunch LA

SEPTEMBER 7, 2021

Created in 2014 and acquired by Dentsu in 2019, MuteSix was recommended to TechCrunch by Rhoda Ullmann, VP Consumer at Sense, a Boston-based startup building a home energy monitor. DTC entrepreneurs are more focused on immediate impact, because if they’re not selling product, there’s no large brand propping them up.

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socalTECH

MAY 11, 2021

Los Angeles-based HONK Technologies, a startup which provides roadside assistance through a network of third party towing companies, is expanding its support for an existing customer, Branch Insurance. HONK says it began offering up its services to Branch members in 2019. Financial details of the deal were not announced.

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