Both Sides of the Table

SEPTEMBER 15, 2022

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. By 2021 we had to write a $3.5m

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Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

JULY 10, 2020

Los Angeles-based advertising technology developer The Trade Desk says that its Chief Strategy Officer, Brian Stempeck, will step down from the firm on September 1st. e originally founded and ran the company's New York office, before moving to Los Angeles in 2018. READ MORE>>.

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Advertising Los Angeles Platform Angel 124

socalTECH

APRIL 6, 2021

Los Angeles-based battery developer Romeo Power reports that it has scored a win with PACCAR, a manufacturer of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. The company said start of production is anticipated to begin after 2021.

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Report Los Angeles Product Angel 113

socalTECH

JUNE 8, 2021

Two, Los Angeles area companies--Ecwid and NuORDER--are in a deal to be acquired by Canadian point-of-sale software developer Lightspeed, Lightspeed announced on Monday. According to Lightspeed, it will pay approximately $500M for Ecwid, split between $175M in cash and $325M in shares of the company.

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Commerce Software Development Los Angeles Sales 113

socalTECH

NOVEMBER 16, 2021

In an inauspicious start as a public company, Los Angeles-based electric vehicle developer Faraday Future says it is delaying its filing of its quarterly reports for the quarter ended September 30th, 2021, due to allegations of "inaccurate disclosures".

Report 113

Report Los Angeles Pricing Angel 113

socalTECH

APRIL 16, 2020

Los Angeles-based Riot Games , which publishes League of Legends, said on Thursday that it has acquired Hypixel Studios , the developer of Hytale , a block-based game which combines a Minecraft-like environment with roleplaying elements. Hypixel Studios was founded in 2018, and was angel backed, including investors from Riot Games.

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Riot Games Acquisition Los Angeles Angel 113

socalTECH

OCTOBER 21, 2020

Los Angeles-based Zefr announced this morning that it has been selected by YouTube , to provide its Brand Safety & Suitability Measurement solution to brands and agencies. Zefr said its new solution will be developed and roll out throughout 2021, and will meet the 4A and GARM industry standards.

Artificial Inteligence 100

Artificial Inteligence Los Angeles Content Angel 100

socalTECH

FEBRUARY 11, 2020

Los Angeles-based electric vehicle developer Canoo scored a major win on Tuesday, when Hyundai Motor Group said it will co-develop a new, electric vehicle based on Canoo's platform. Canoo has said it plans to start selling its electric vehicles in 2021, via a subscription-only model. READ MORE>>.

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Platform Los Angeles Angel Develop 113

TechCrunch LA

OCTOBER 27, 2020

The Los Angeles-based operations and security management software service, Replicated has raised $25 million to ramp up its staffing and scale its sales and marketing efforts. As developers embrace Kubernetes, Replicated launches tools to manage its deployments. “Once we started building on that success.

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Software Tool SaaS Los Angeles 224

socalTECH

MARCH 11, 2021

Los Angeles-based Canoo, the now public developer of electric vehicles, has rolled out plans for an electric pickup truck, which it promises to deliver as early as 2023. The company said a production version of the truck will open for preorders in Q2 of 2021. Pricing on the new pickup truck was not announced.

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Los Angeles Pricing Tool Product 113

TechCrunch LA

APRIL 18, 2022

The alternative protein space is hot, hot, hot as evidenced by both the number of companies developing products and the venture capital going into the space. Investment into alternative proteins, for example, plant-based meats and dairy substitutes was $5 billion in 2021, according to both the Good Food Institute and Crunchbase data.

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Software Review Metrics Startup Technical Review 187

SoCal Tech Calendar

AUGUST 10, 2021

Thursday, August 12, 2021 -- Entering the Japanese Market by Partnering With The Japan External Trade Organization (JETRO). Please join Biocom Los Angeles and the Japan External Trade Organization (JETRO) for a virtual webinar to learn how Life Science companies in the Greater LA area can enter the Japanese market. Biocom California.

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Marketing Study Organization Resource 100

socalTECH

SEPTEMBER 24, 2020

Los Angeles-based Ring said on Thursday that it has developed an in-home security drone, which can patrol your home from room to room on a regular schedule, alerting homeowners of any intruders or other issues. The new Always Home Cam will cost around $250, and is expected to launch in 2021. READ MORE>>.

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Los Angeles Product Help Angel 113

TechCrunch LA

MAY 5, 2022

TiMi, Tencent’s cash cow studio known for the mobile blockbuster Honor of Kings, began hiring in Los Angeles back in 2020. In 2021, China’s gaming industry racked up nearly 300 billion yuan ($45 billion) in sales revenue, up 6.4% The company’s archrival Tencent was a step ahead in expanding to North America.

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Los Angeles Resource Content Sales 128

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

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Southern California Commerce Acquisition .Net 133

socalTECH

MAY 7, 2019

Los Angeles-based Relativity , a developer of robotics technology and 3D manufacturing technology aimed at developing 3D printed rockets, says it has signed a launch services agreement with satellite ridesharing arranger Spaceflight. According to Relativity, it plans to have its first launch in Q3 of 2021.

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Los Angeles Services Technology Capital 133

socalTECH

OCTOBER 1, 2019

Los Angeles-based Relativity Space , which is developing technology to 3D print rockets, has raised $140M in a Series C funding round, the company announced on Tuesday morning. The company says it hopes to launch an entire, 3D printed rocket to orbit sometime in early 2021. Relativity is led by co-founder and CEO Tim Ellis.

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Los Angeles Design Capital Funding 113

socalTECH

SEPTEMBER 25, 2020

Palm Springs-based Eco Helicopters , which is developing all electric helicopters, says it plans to launch an air taxi service in the Los Angeles metropolitan area in the second quarter of 2021.

Services 113

Services Los Angeles Angel Develop 113

TechCrunch LA

APRIL 24, 2020

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. Czinger is hopeful that by 2021 the company will be able to announce that its 3D-printed structures will be production vehicles.

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Startup Technical Review Outsource Development Design 251

socalTECH

DECEMBER 17, 2020

Los Angeles-based electric car designer Fisker , the latest incarnation of the EV efforts of auto designer Henrik Fisker, says it has signed a definitive agreement with Magna International. Fisker is hoping to show a prototype of the Ocean by the summer of 2021. Financial details of the deal were not announced.

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Design Platform Los Angeles Marketing 113

TechCrunch LA

MARCH 19, 2021

Earlier this month, Los Angeles became the latest city to task its various departments with prepping a feasibility study for deploying new software and monitoring technologies to better account for its carbon footprint. Los Angeles has tried to address its carbon footprint in the past, but the efforts weren’t very successful.

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Los Angeles Marketing Study Angel 192

Startup Professionals Musings

OCTOBER 17, 2022

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over twice as many companies, according to a classic Crunchbase article. Individual angel investors and crowdfunding have been adding to the momentum, some say exceeding VCs in total amount invested.

Guide 136

Guide Venture Capital Funding Class 136

socalTECH

APRIL 30, 2019

Los Angeles-based electric vehicle developer Faraday Future (FF) says it has received a new, $225M Senior Bridge Financing, from Birch Lake Fund Management, LP, ahead of a $1.25 billion equity capital raise it is running with Stifel Nicolaus & Co.

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Equity Los Angeles Funding Capital 113

TechCrunch LA

SEPTEMBER 24, 2019

The Los Angeles-based startup Canoo has finally unveiled its first model, the eponymously named canoo. The first cars are slated to appear on the road by 2021, according to the company’s current leader, Ulrich Kranz. That means four on the West Coast and four on the East Coast, according to Kranz.

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Chief Technology Officer Los Angeles Design Outsource Development 237

TechCrunch LA

SEPTEMBER 25, 2020

This probably isn’t news to developers, but it was news to me when I found out many tech companies still use slave-master language. Meanwhile, Twitter began taking steps to replace those terms earlier this year and hopes to finish replacing that terminology by the end of 2021, according to CNET. . You can sign up here.

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Capital Los Angeles News San Diego 316

TechCrunch LA

AUGUST 12, 2022

In 2018, co-founders Schuyler Deerman and James Chan started selling healthy meals at WeWork offices around Los Angeles out of giant Yeti coolers, standing around the kitchens during lunch time. “At At the time, Positive Food had its meals in 70 coffee shops around Los Angeles. Positive Food Co., Then the COVID pandemic hit.

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Invest Los Angeles Startup Funding 175

TechCrunch LA

JANUARY 25, 2022

million commercial deliveries (up from 2 million in October 2021) and travelled over 3 million miles globally. Based out of Los Angeles, Starship initially made its name, back in 2017, running pilots with delivery companies in the U.S. It has now made more than 2.5

Invest 233

Invest Technology Startup Los Angeles 233

TechCrunch LA

JULY 19, 2022

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Ghost is not alone in developing technology focused on inventory. to develop some sweet inventory-planning software.

Product 191

Product Funding Technical Review Equity 191

Startup Professionals Musings

SEPTEMBER 16, 2023

The rate of new entrepreneurs increased between 2013 and 2021, from 280 to 360 out of 100,000 of the adult population. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. The cost of social media done well is low.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

TechCrunch LA

FEBRUARY 6, 2022

This writeup from industry analyst Karl Guttag showcases how Magic Leap has turned away from several of the key technologies it raised billions of dollars to develop with its latest hardware which he nevertheless believes will “blow away” the HoloLens 2 in image quality. ” my colleague Aisha notes.

Marketing 246

Marketing Newsletter Technical Review News 246

TechCrunch LA

FEBRUARY 10, 2020

Starliner, the crew spacecraft developed by Boeing for NASA’s Commercial Crew program, encountered not one, but two major software flaws during its most recent demonstration mission that would’ve been very bad had they not been corrected. Boeing Starliner encountered two potentially catastrophic issues.

SpaceX 142

SpaceX Startup Newsletter Los Angeles 142

TechCrunch LA

APRIL 23, 2019

To that end, Canoo has brought on James Cox, a former Uber executive in charge of product operations for the ride-hailing business’ rider application, who will be developing digital products for the company’s initial customers, according to a March statement.

Outsource Development 191

Outsource Development Startup Outsource San Diego 191

TechCrunch LA

OCTOBER 26, 2021

Along with a team of nine developers, the six young adult authors spent two months working nights and weekends to bring Realms of Ruin to life. They said that the authors, who also worked with a team of developers, ended the project because they felt that there was more to lose than there was to gain. Megan_Manzano) October 20, 2021.

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Writing Outsource Development Technical Review Examples 196

Startup Professionals Musings

MARCH 26, 2021

I know from experience that my friends who are angel investors are looking for the same indications, although none of us has a scorecard , or even know exactly what we are looking for. Gates was a software developer genius, but Ballmer upheld the marketing and business side. Marty Zwilling First published on Inc.com on 03/11/2021.

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Entrepreneur Ideas Examples Mentor 136

TechCrunch LA

MAY 26, 2018

It’s one of several companies (many based in Los Angeles) that are turning the city into a hub for anyone looking to experience the thrill of immersive gaming. A producer with MTV Networks, the founder of the collaborative game development platform Squarepushers Inc. “There’s no other medium that does that.”

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Torrance Los Angeles Entertainment Platform 180

TechCrunch LA

APRIL 27, 2021

Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup.

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Platform Equity SaaS Los Angeles 244

Startup Professionals Musings

DECEMBER 26, 2020

As an advisor to many entrepreneurs, I still hear frequently the irrational exuberance that crowdfunding is the quick alternative for startups that are passed over by overly demanding angels or venture capital investors. You need a polished, tested concept, not just an idea. Crowdfunding is just the beginning of your business launch.

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Startup Equity Funding Demand 151