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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

TechCrunch LA

— Doug Rand (@doug_rand) April 4, 2020. — Mark Suster (@msuster) April 4, 2020. At its essence, the issue for startups seems to be centered on the board rights that venture investors have when they take an equity stake in a company. — Matt Hottle (@MattRedhawk) April 4, 2020. SBAgov @USTreasury.

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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

The company’s massive mint comes thanks to a new $500 million financing round led by Sequoia’s Global Equities fund and Tiger Global Management. Indeed these trends were already apparent in the statistic that home improvement spending was up 3 percent in 2020 even though the broader economy shrank by 3.5

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Startups Weekly: Upfront Ventures bets on a bus service

TechCrunch LA

The company is actually based out of LA, too, but has completed its initial launch in Minnesota, where there’s greater demand for short-term bus travel. Airbnb, for its part, filed a press release this week confirming its plans to go public in 2020. billion in a round led by the private equity firm GPI Capital this week.

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7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. Personal income is related to operations versus equity. With major investors, your equity and return is diluted and delayed.

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Entity Academy, an edtech startup that trains, mentors and places women in tech roles, secures $100M

TechCrunch LA

Jennifer Schwab, the founder and CEO of Entity, has built the business since 2016 on virtually no outside funding, but said that this latest financing is a precursor to the company working on its first, more traditional VC-led equity round. “There is a lot more accountability in person,” Schwab said.

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Interview with Alex Nocifera, Field Day

socalTECH

Alex Nocifera: We help the enterprise, large brands, working with brands like US Cellular, Panera Bread, Square, Uber, and help them generate demand for their products and services in a local, acute manner. Early Q1 2020, our business literally came to a horrifying halt in March, and then April. What is Field Day?

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