socalTECH

MAY 27, 2021

Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., The deal is expected to close in the second half of 2021. which trades on the NASDAQ as PACX.

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socalTECH

APRIL 16, 2020

Financial terms of the acquisition were not announced. Hypixel Studios is still working on Hytale, and has said it plans to launch the title in 2021. Hypixel Studios is based in Derry-Londonderry, North Ireland. Hypixel Studios was founded in 2018, and was angel backed, including investors from Riot Games. READ MORE>>.

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Riot Games Acquisition Los Angeles Angel 113

socalTECH

MARCH 26, 2021

Faraday Future is in the midst of a rever merger with Property Solutions Acquisition (PSAC), which trades on the Nasdaq; the company says it will begin trading under the ticker sombol FFIE sometime in Q2 of 2021.

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socalTECH

MAY 13, 2021

billion special purpose acquisition (SPAC) transaction, as the company starts to see a recovery from the COVID-19 pandemic. The presentation says that Bird is estimating it will have $188M in 2021, and $401M in 2022 revenues. Santa Monica-based Bird is looking to go public via a $2.3

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socalTECH

AUGUST 19, 2021

Los Angeles-based micromobility provider Bird said this morning that it has seen record second quarter and first half fiscal 2021 financial results, with $60.0M in revenues in Q2, which was 36 percent above its expectations. Bird said the Q2 results are a 43 percent increase versus the same period in 2019.

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Los Angeles Acquisition Report Marketing 113

socalTECH

DECEMBER 12, 2022

RepairSmith was venture backed by TI Capital, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital, and had raised $41M in a Series B in 2021. AutoNation says RepairSmith has significant operational footprint in the southern and western United States. The company was led by Joel Milne and originall spun out of Daimler AG.

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socalTECH

APRIL 20, 2021

J2 Global said it hopes to complete the transaction in the third quarter of 2021. J2 Global said that business is expected to have revenues of between $333 to $342 million in revenues in 2021. J2 said that Scott Turicchi, J2's current President & Chief Financial Officer, will become the Chief Executive Officer of Consensus.

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TechCrunch LA

NOVEMBER 2, 2021

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. For example, Bird had gross margins that were negative in 2018, 2019 and 2020.

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socalTECH

OCTOBER 11, 2021

of the outstanding shares of Consensus on October 7, 2021. Ziff Davis/J2 Global continues to also be publicly traded on the Nasdaq as ZD. Consensus said the spinout was made through a pro-rata distribution to Ziff Davis stockholders of 80.1%

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Cloud Computing Los Angeles Angel Company 113

socalTECH

NOVEMBER 10, 2021

billion based on the closing price on Friday November 5, 2021, and the assumption of $3.4 Viasat said the deal is comprised of $850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion of net debt.

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TechCrunch LA

JUNE 10, 2021

billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . March 2021 also represented a record month for global shopping volume with $6.9 To put that into context; Affirm’s financial report in May projected it would process $8.04

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socalTECH

JUNE 15, 2021

The company is currently led by CEO Mahi de Silva, and reportedly is expecting revenues of more than $250M in 2021. Reuters, citing "people familiar with the matter" said Triller is looking to line up investors to raise $500M ahead of that direct listing, hoping to value to the company at more than $5 billion.

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socalTECH

JANUARY 11, 2021

Roku said it will become the exclusive place to stream Quibi's shows, which it will make available for free on an ad-supported basis in 2021. Financial terms of the deal were not announced. Those shows include such stars as Idris Elba, Kevin Hart, Liam Hemsworth, Anna Kendrick, Nicole Richie, Chrissy Teigen, and Lena Waithe.

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socalTECH

DECEMBER 28, 2020

In 2020, the pandemic radically changed the customer acquisition process for many consumer-facing industries. What are you most looking forward to in the technology/startup world in 2021? Are you a founder, CEO, or investor who would like to participate? Contact our editors for details.

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Technical Review Software Review Startup Customer 140

socalTECH

JUNE 8, 2021

Ecwid is an e-commerce site, and had revenues of over $20M for the year ended March 31, 2021; NuORDER operates a marketplace which connects retailers and wholesalers, and also had revenues around $20M. Lightspeed will pay approximately $425M for NuOrder, split between $212.5M in cash plus sahres worth another $212.5M.

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Commerce Software Development Los Angeles Sales 113

Startup Professionals Musings

JANUARY 9, 2022

This can be customer acquisition cost, revenue growth, profit, or whatever other parameters are key to your success. You can fail by not being there at all (see the United Breaks Guitars story ), or making a big mistake (see 10 Social Media Fails to Avoid in 2021 ). Pick the ones that fit your desired outcome.

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Social Media Framework Media Metrics 135

Startup Professionals Musings

AUGUST 21, 2021

Utilize mergers and acquisitions to accelerate growth. As you might imagine, even with the proper planning, mergers and acquisitions are difficult to pull off. Marty Zwilling First published on Inc.com on 08/04/2021. Both are required, and become the central force driving growth, as well as survival.

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Xconomy

MARCH 28, 2019

Attacks will cost the world $6 trillion by 2021, research firm Cybersecurity Ventures says- –the greatest transfer of economic wealth in history and more profitable than the trade in all major illegal drugs. Cybercrime has become a global epidemic. As the threat keeps rising, the cybersecurity industry keeps growing. billion.

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Startup Professionals Musings

APRIL 28, 2021

No matter how passionately you believe that everyone needs one, and positive feedback from friends and early adopters (false positives), before you invest in scaling the business, make sure you set and meet good metrics in cost of customer acquisition, recurring sales, and margin. Mergers and acquisitions also require new skills.

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Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

MARCH 3, 2021

For example, if you have ever watched the Shark Tank show on TV, they always ask about the cost of customer acquisition. Marty Zwilling First published on Inc.com on 02/16/2021. You need to have quantifiable objectives, with measurements, to keep you on the path to success. Show that you have to ability to move the ball forward.

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Entrepreneur Social Media Examples Metrics 162

Startup Professionals Musings

AUGUST 11, 2021

An internal business expansion is often incompatible with established operations, thus mergers and acquisitions are the most common scaling strategies. Marty Zwilling First published on Inc.com on 07/28/2021. People embedded in an existing business are often too narrowly focused, comfortable, and risk averse to be new entrepreneurs.

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Entrepreneur Ideas Examples Satisfaction 171

Startup Professionals Musings

OCTOBER 13, 2021

Yahoo has been an example of a company which expanded in all directions through 53 acquisitions, to the point where most customers were confused, and it was overtaken by Google as your main search engine. Marty Zwilling First published on Inc.com on 09/28/2021. Make sure your vision is clear and communicated.

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Startup Professionals Musings

DECEMBER 22, 2021

Happy customers quickly become your biggest advocates, today reaching far beyond friends and family, and they make traditional marketing efforts pale in comparison for growth, loyalty, and new customer acquisition costs. Marty Zwilling First published on Inc.com on 12/08/2021.

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Tech.Co

JANUARY 6, 2020

A few high-profile acquisitions put Spotify into the running against Apple, while buzzy new startups like Luminary jumped into the pool as well. 2019 was the year podcasting turned into a major industry. 90 million Americans are listening to podcasts, with more every day. 90 million Americans are listening to podcasts, with more every day.

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RSS Startup Media Template 104

socalTECH

SEPTEMBER 23, 2020

We plan on expanding to other markets in 2021. Make sure you can find them, acquire them, and know your customer acquisition costs. As I was driving home from that meeting, I decided to work from there, and ended up writing a business plan and fundraising from family and friends. What are they reading?

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Startup Entrepreneur Southern California Netflix 203

Startup Professionals Musings

APRIL 26, 2021

Investors know that operational and employee expenses are always higher than anticipated, not to mention customer acquisition costs, capital expenses, and ongoing competitive initiatives. Marty Zwilling First published on Inc.com on 04/13/2021. Identify your intellectual property or “secret sauce.”

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Funding Resource Template Competition 132

TechCrunch LA

APRIL 27, 2021

In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup. The company plans to do more acquisitions with the capital, according to Newton. With 5 new unicorns in first week of 2021, are we in for a stampede this year? Clio currently has 600 employees.).

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Startup Professionals Musings

DECEMBER 26, 2020

In reality, crowdfunding has become a major startup funding vehicle, expected to reach $114 billion globally by 2021, but that doesn’t mean it’s easy. The odds of crowdfunding success are as low as the alternatives, despite what you hear about the response to Pebble Watch , and the Oculus Rift acquisition by Facebook for $2B.

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Startup Equity Funding Demand 151