Berkonomics

SEPTEMBER 24, 2015

Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . So, rarely will this strategy or outcome enable investors to reap their target in a sale. By John Huston.

Layoffs 120

Layoffs Sales Acquisition Startup 120

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

DECEMBER 9, 2019

The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it looks to have a capital base that is "right-sized to the needs of our business and strategy".

Demand 100

Demand Los Angeles Sales Invest 100

socalTECH

DECEMBER 12, 2008

in the fourth quarter for the layoffs, including severance for Riesenbach. The firm also reiterated its interest in a sale; the firm said it is still pursuing "strategic alternatives" with RBC Capital Markets. The firm will take a charge of $4.5M

Layoffs 100

Layoffs Sales Invest Capital 100

socalTECH

SEPTEMBER 18, 2008

The company also said it is looking to divest it infrastructure business units in the new term, and hired an investment banker to manage the sale. The debt comes from Avenue Capital Management II, L.P. The company said the restructuring included a reduction in workforce by over 20 percent.

San Diego 100

San Diego Invest Sales Funding 100