socalTECH

NOVEMBER 23, 2021

Los Angeles-based social video sharing app Triller announced this morning that it has acquired Thuzio, which runs business-to-business premium influencer events and experiences. According to Triller, it will use the acquisition to grow its live event programming. Financial terms of the buy were not announced.

Entertainment 113

Entertainment Acquisition Los Angeles Sales 113

TechCrunch LA

SEPTEMBER 13, 2021

Advisors Douglas Merritt, CEO of Splunk, and Mike Scarpelli, CFO of Snowflake, also made individual investments as angels. SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

OCTOBER 6, 2020

Los Angeles-based J2 GLobal , which owns a diverse range of Internet information and services companies, announced this morning that it has acquired three more companies, and--unusually--also has divested one. Financial details of the acquisitions and sale were not announced by the company. READ MORE>>.

Company 100

Company Companies Acquisition Equity 100

socalTECH

FEBRUARY 24, 2017

Two publications this morning--the WSJ and the Los Angeles Times , have dissected the fall of Los Angeles-based NastyGal --once, one of the symbols of the rise of Silicon Beach--and how it went from nearly $100M a year in revenue to bankruptcy. Nasty Gal's bankruptcy sale closes next week. READ MORE>>.

Sales 113

Sales Los Angeles Customer Custom 113

socalTECH

APRIL 26, 2010

Aliso Viejo-based YouMail , the advanced voicemail service run by Alex Quilici, has acquired the retail voicemail customers of San Francisco-based Quicktate , Quicktate announced today. Financial terms of the acquisition were not disclosed. YouMail is backed by VantagePoint Venture Partners and the Tech Coast Angels.

Customer 100

Customer Custom Tech Coast Angels Acquisition 100

socalTECH

DECEMBER 4, 2013

Docstoc was venture backed by Rustic Canyon Partners, Crosscut Ventures, as well as local angel investors like Mike Jones, Scott Walchek, Matt Coffin (LowermyBills), Brett Brewer (Intermix/MySpace), Robin Richards (MP3.com), documents business acquisition merger intuit docstoc' com), and others. READ MORE>>.

Rustic Canyon 239

Rustic Canyon Santa Monica Resource Acquisition 239

Startup Professionals Musings

APRIL 11, 2022

The canvas is a visual chart with elements describing your value proposition, structure, finances, and customers, to help companies identify and align business activities. As a former angel investor, I look for this level of alignment and understanding in every funding presentation I hear. Customer relationships.

Funding 133

Funding Activity Customer Custom 133

Berkonomics

JUNE 4, 2015

This week, our guest post is by David Steakley, a past President of the Houston Angel Network, and a reformed management consultant. David is an active angel investor, and manages several angel funds in Texas. . The key calculation is the cost of customer acquisition, compared to the gross margin contribution of the customer.

Acquisition 120

Acquisition Customer Custom SaaS 120

TechCrunch LA

OCTOBER 5, 2020

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. It has made some 15 acquisitions in the last two years, including Boston Organics and EJ Food Distributor this year.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Quantify your value proposition for customers.

Funding 132

Funding Template Resource Competition 132

Startup Professionals Musings

OCTOBER 18, 2023

For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment. The best sale or acquisition is a gradual one, where the acquirer gets to know you through formal and informal relationships. Mature your business processes and customer base.

Startup 99

Startup Entrepreneur Metrics Acquisition 99

socalTECH

OCTOBER 31, 2013

Los Angeles-based J2 Global announced this morning that it has acquired another company, this time a UK-based email services provider called EPA Cloud. J2 Global said it will use the acquisition to expand its customer base, technical expertise, sales, support, and operations in the UK and the rest of Europe. READ MORE>>.

Email 138

Email Acquisition Los Angeles Services 138

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. Through its platform publishers can make between 15% to 20% of gross compared with 5% on an affiliate marketing site.

Media 134

Media Commerce Company Companies 134

TechCrunch LA

SEPTEMBER 13, 2021

GrubMarket , which provides software and services that help link up and manage relationships between food suppliers and their customers — which can include wholesalers and other distributors, markets and supermarkets, delivery startups, restaurants, and consumers — has picked up $120 million in a Series E round of funding.

Startup 249

Startup Platform Software Los Angeles 249

socalTECH

MAY 17, 2012

A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig. READ MORE>>.

Layoffs 187

Layoffs Santa Monica Acquisition Report 187

socalTECH

JANUARY 23, 2015

Los Angeles-based Edmunds.com announced Thursday that it will be offering up a free, texting tool available to car dealers, to help those dealers communicate with customers via text messaging. communications dealer automobile sales texting edmunds' READ MORE>>.

Tool 100

Tool Edmunds Sales Email 100

Startup Professionals Musings

OCTOBER 6, 2023

Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture. Due diligence always involves on-site visits, informal discussions with any or all members of the team, vendors, and good customers as well as bad. Traction in the marketplace.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

JANUARY 9, 2021

For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment. The best sale or acquisition is a gradual one, where the acquirer gets to know you through formal and informal relationships. Mature your business processes and customer base.

Startup 173

Startup Entrepreneur Metrics Acquisition 173

Startup Professionals Musings

JULY 26, 2010

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Even mergers and acquisitions (M&A) came early. Fresh customer base. Marty Zwilling.

Acquisition 85

Acquisition Startup Organization Competition 85

TechCrunch LA

APRIL 9, 2020

From lockdown in her Northern Italy home, Cevolini shared perspective on the future of motorcycling, acquisition offers and plans to recharge her company when the COVID-19 crisis subsides. general manager ( Stefano Benatti ) — filled more orders in the first two months of 2020 than all its sales for 2019, according to Cevolini.

Technical Review 277

Technical Review Competition Demand Sales 277

socalTECH

MARCH 6, 2013

CapLinked , the Los Angeles-based developer of enterprise software for managing M&A transactions, venture deals, and other business deals, is aiming squarely at legacy, virtual data room services with its latest updates. CapLinked is headed by Eric M.

Services 218

Services Venture Capital Equity Los Angeles 218

socalTECH

JULY 19, 2019

Los Angeles-based HyreCar , a publicly listed, carsharing marketplace operator (Nasdaq: HYRE), says it has priced an offering of 3.5M The stock offering will provide the company gross proceeds of $10.5M, which it says it will use to expand sales and marketing, customer support, and technology investments to continue to grow its platform.

Los Angeles 124

Los Angeles Pricing Platform Sales 124

socalTECH

AUGUST 21, 2013

Los Angeles-based fashion sites JustFab and ShoeDazzle said Wednesday that the two are in a definitive agreement to merger bringing together two of LA''s most watched fashion and subscription e-commerce sites. According to the companies, the combined company expects to have over $400M in total sales in 2014. READ MORE>>.

Commerce 159

Commerce Sites Acquisition Los Angeles 159

Berkonomics

AUGUST 13, 2015

Dave’s note: John Huston is founder and past manager of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . Ideally each target company has a history of consistently making acquisitions with deal terms you would accept. By John Huston.

Template 120

Template Activity Sales Resource 120

socalTECH

JANUARY 29, 2019

Los Angeles-based private equity investor Vincente Capital Partners announced on Tuesday that it has sold Carlsbad-based Intellectual Technology, Inc. , Financial terms of the sale were not announced. a developer of software for motor vehicle agencies (DMVs), to Arlington Capital Partners. The company is 25 years old. READ MORE>>.

Capital 133

Capital Technology Equity Los Angeles 133

Startup Professionals Musings

JULY 13, 2019

The canvas is a visual chart with elements describing your value proposition, structure, finances, and customers, to help companies identify and align business activities. As an active angel investor, I look for this level of alignment and understanding in every funding presentation I hear. Customer relationships.

Activity 100

Activity Customer Custom Resource 100

Startup Professionals Musings

MARCH 3, 2021

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. For example, if you have ever watched the Shark Tank show on TV, they always ask about the cost of customer acquisition.

Entrepreneur 162

Entrepreneur Social Media Examples Metrics 162

Both Sides of the Table

JUNE 17, 2017

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. COGS” represents the amount that each sale costs you.

Startup 227

Startup Venture Capital Sales Course 227

Startup Professionals Musings

SEPTEMBER 14, 2022

There just aren’t enough angel investors and VCs to go around. A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock.

Funding 104

Funding Summary Entrepreneur Acquisition 104

socalTECH

FEBRUARY 15, 2019

Skyler Lucci is co-founder and CEO of Los Angeles-based HeyTutor (www.heytutor.com), a startup which has created an online platform which connects and matches students with in-person tutors. In terms of where we offer to our customers, we have 250 different areas, from early childhood to studying for an MCAT or the bar.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

Steve Reich

JUNE 11, 2012

This is not an article about the high moral purpose and the nobility of listening to your customers. It is an article about how to make your company worth a fortune by listening to your customers. It gives the best customer experience of any phone. Listen to your customers and grow rich. Why does Google dominate search?

Customer 97

Customer Custom Software Review SaaS 97

socalTECH

JANUARY 9, 2017

Los Angeles-based fashion brand and e-commerce provider Nasty Gal is being acquired by UK fashion brand Boohoo.com plc , Boohoo said it a financial filing today, inn a deal worth $20M. It's unclear if that proposal includes Nasty Gal's current e-commerce business. READ MORE>>.

Commerce 100

Commerce Company Companies Los Angeles 100

Tech Zulu Event

JUNE 17, 2011

After the acquisition, MyMiniLife became the common technology platform at Zynga and powers 150M monthly users including games like Cityville, Farmville, and Frontierville. He is also an active investor with stakes in companies like Hipmunk, GroupMe, Facebook, Zynga (acquisition stock), and SV Angels. He received a B.S.

Tech Coast Angels 100

Tech Coast Angels Idealab Angel Design 100

Tech Zulu Event

DECEMBER 30, 2011

The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders. Scott Sangster , President at Tech Coast Angels (Los Angeles)/CEO at OrganicStartup. After its acquisition by Playdom, he was most recently head of the Acclaim studio and Sr. Our Panelist Include.

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

Both Sides of the Table

JANUARY 19, 2015

Best is if you have a combination of ad revenue, sponsorships and some forms of non ad revenue (subscriptions, merch, music sales, etc.). This kind of spend happens all day long inside startup companies and 100% of the spend on attracting customers is a cost. But think of this. But think of this. I’ve written about that, too.

SEM 150

SEM Content Platform Acquisition 150

Startup Professionals Musings

AUGUST 13, 2022

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or angel investors in Arizona, where I live. billion dollar sale to Oracle from Bozeman, Montana. Exposure to customers, incumbents, and competitors all drive success.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Both Sides of the Table

NOVEMBER 14, 2017

There is nothing more pure than building a product, putting it out in the world and seeing paying customers using your product and in some cases loving it. As companies get this initial customer feedback on their product they start to have to ask harder questions about unit economics: How much does it cost us to acquire a new customer?

Startup 286

Startup Technical Review Customer Custom 286