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4 Keys To A Successful Integrity Check With Investors

Startup Professionals Musings

This is the mysterious and dreaded due diligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. My best advice is to stick to the middle ground.

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7 Ways Due Diligence Helps Before Final Commitment

Startup Professionals Musings

What they don’t realize is that about half the investment deals fail to close at this stage, including mergers and acquisitions , during the due-diligence process. Remember that investors at this stage have heard primarily from the founder, and only reviewed written business plans and collateral.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

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.

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Amazon Investigation Accidentally Uncovered Massive Chinese Hacking

socalTECH

A new report, published this morning by Bloomberg, says that a massive Chinese hacking effort --involving the implantation of tiny devices on computer motherboards--was uncovered due to due diligence efforts made by Amazon , as part of its acquisition of Elemental Technologies back in 2015. READ MORE>>.

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7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). If you think it’s hard to get the technical systems to talk to each other, I have found that it’s even harder to bridge the gulf between the various professionals who interpret them.

Customer 100
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How YP Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP -- staffed with a surprising number of Los Angeles startup vets. Before that, I was running product at Spotrunner. Our whole product and technology team is about 500 people. How big is YP? Louis and Atlanta.

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How YP.com Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP (www.yp.com) -- staffed with a surprising number of Los Angeles startup vets. Before that, I was running product at Spotrunner. Our whole product and technology team is about 500 people. How big is YP.com?