socalTECH

MAY 20, 2020

Los Angeles-based XPRIZE said it has launched a new initiative, which will provide "thousands of dollars" in prizes that invites the next generation to develop video games which "depict a better future for humanity". XPRIZE said entries for the competition will be due by October 14, 2020. READ MORE>>.

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TechCrunch LA

APRIL 4, 2020

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered. — Doug Rand (@doug_rand) April 4, 2020.

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socalTECH

SEPTEMBER 13, 2021

Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The new fund will primarily in businesses based in North America, and selectively in Europe and Australia, and is focused on focused control private equity investments in lower middle-market companies.

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socalTECH

JULY 13, 2020

who is based in Los Angeles--has launched a brand new startup accelerator called Product Club , which is aiming itself at accelerating a small class of product-focused startups. The new accelerator said it will invest $100K in three companies, taking 5 percent equity, and run its accelerator entirely remote.

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TechCrunch LA

NOVEMBER 2, 2021

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. Shares of the SPAC were off as far as 20% before recovering. News broke in May that Bird was looking at a SPAC-led debut on the public markets. So what?

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TechCrunch LA

JUNE 10, 2021

In all of 2020, it processed $53 billion in volume. Meanwhile, in 2020, Klara hit over a billion in revenue. While the company was profitable for its first 14 years of life, it has not been profitable the last two, according to Siemiatkowski, and that’s been by design. in markets such as New York and Los Angeles.

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Startup Professionals Musings

AUGUST 21, 2020

Most people I know credit Steve Job’s success to his ability to attract top technical talent, starting with Steve Wozniak who designed the first Apple computer. Financial capital – revenue, equity, debt, funding. Marty Zwilling First published on Inc.com on 08/07/2020. All our futures and the next generation depends on it.

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