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Techstars LA Draws International Companies For 2021 Class

socalTECH

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

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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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio , a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Newton said his vertical SaaS company helps legal professionals be more productive, grow their firms and “make legal services more accessible.”

Platform 244
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Down bad

TechCrunch LA

Few companies have to deal with the stressed of both crypto and public markets like Coinbase which laid off more than 1,100 people this week, but plenty of startups raised mega-rounds in 2021 to theoretically future-proof their companies. I think it’s a technology that is now wrapping all asset classes,” Dorman said. TC+ analysis.

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Reflections on 2020: Nick Hedges, MomentFeed

socalTECH

What are you most looking forward to in the technology/startup world in 2021? The shift to consumers starting nearly every purchase with localized organic search appears to be permanent for brick and mortar businesses, so we have an immense opportunity to innovate in 2021 to help our client brands continue to adapt and succeed.

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Reflections on 2020: Kelly Perdew, Moonshots Capital

socalTECH

What are you most looking forward to in the technology/startup world in 2021? We look forward to seeing how AI and ML will continue to disrupt finance, CPG, big data, and SaaS. Kelly Perdew is the managing general partner of at Moonshots Capital.

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Food Rocket blasts off after securing funding, grocery delivery deal with Circle K parent

TechCrunch LA

Food Rocket uses AI-enabled technologies to manage warehouse stocks, forecast demand and optimize delivery time by predicting the closest store that offers the fastest delivery time and the lowest costs of putting together and delivering the order. He also wants to take a step further eventually and deliver other items like phones.

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