Berkonomics

NOVEMBER 23, 2023

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … An option plan should carve out an addition of about 15% of the “fully diluted” shares.

Equity 156

Equity Class Pricing Sales 156

socalTECH

JANUARY 11, 2019

Los Angeles- and New York-based Steereo (www.steereo.com) has a new idea: partner those artists with ride sharing drivers, and pay those ride sharing drivers to play their music to the ever-changing variety of people who hop in their vehicles. It's a vehicle for marketing new releases, no pun intended.

Startup 100

Startup Advertising Marketing Platform 100

socalTECH

OCTOBER 30, 2013

Southern California venture capital investors Domain Associates and Versant Venture saw a public exit of one of their portfolio companies this morning, molecular diagnostics equipment maker Veracyte. Veracyte debuted on the NASDAQ Global Market this morning at $13.00 per share, and was trading slightly down at $12.95

Southern California 159

Southern California Marketing Venture Capital Acquisition 159

socalTECH

JANUARY 27, 2021

Santa Monica-based Science, the startup studio led by Mike Jones and Peter Pham, has launched its own Special Purpose Acquisition Company (SPAC), called Science Strategic Acquisition Corp. According to Science Strategic Acquisition Corp. Alpha (SSAA).

Santa Monica 113

Santa Monica Acquisition Entertainment Pricing 113

Both Sides of the Table

APRIL 10, 2010

I guess it may be impractical for Twitter to acquire Seesmic given it has raised considerable amounts of venture capital (reportedly $12 million) but the broader point for me is that I always believed Twitter should control the client versions of its product. Think about the creative tension. 2) I also clarified that the strategy of Ad.ly

Acquisition 287

Acquisition Develop Development Conference 287

Berkonomics

MARCH 28, 2024

They can elect directors for their class of stock, approve mergers and acquisitions; approve increases or changes to the capital structure of the company and other more minor actions. Some investor board members are also member of boards for companies that may overlap in markets or even compete directly, although rare.

Class 282

Class Coach Invest Sales 282

socalTECH

NOVEMBER 10, 2010

One of the portfolio firms of San Diego-based venture capital firm Enterprise Partners , Complete Genomics is set to debut on the market Thursday, after pricing its IPO this evening. According to a filing from Complete Genomics, it will sell 6 million shares at $9.00 per share, below an earlier estimated range of $12.00

Enterprise Partners 124

Enterprise Partners Marketing San Diego Acquisition 124

Tech.Co

JANUARY 19, 2016

CapLinked , a secure enterprise sharing and storage provider, today has announced a new round of funding totaling $3.5 The round is led by Subtraction Capital, and includes investments from PayPal co­founder Peter Thiel , Indicator Ventures, and venture debt lender Western Technology Investment (WTI).

Doc 120

Doc Invest Screening Capital 120

Startup Professionals Musings

APRIL 28, 2023

With this agreement in place, there are a host of ways that both sides can win: Share common technology. Every startup has a core competency which should not be shared. Expand the market for both. Typically, there are market opportunities that neither of your core competencies can win alone.

Startup 105

Startup Outsource Competition Entrepreneur 105

socalTECH

FEBRUARY 12, 2018

Broadcom says it has lined up $100 billion in commitments to finance its proposed acquisition of Qualcomm this morning. Broadcom said the financing will allow it to fully fund the $60 per share in cash component of its $82 per share offer to acquire Qualcomm. READ MORE>>.

Silver Lake 113

Silver Lake Acquisition Capital Funding 113

socalTECH

NOVEMBER 3, 2021

Irvine-based electric vehicle maker Rivian is nearing its IPO, saying in a filing this week that it plans to offer up 135 million shares of its stock at between $57 to $62 per share. The company is expected to potentially hit the market next week. King & Associates, Loop Capital Markets, Ramirez & Co.,

Pricing 113

Pricing Capital Marketing Invest 113

socalTECH

SEPTEMBER 23, 2020

Santa Monica-based prescription and healthcare marketplace operator GoodRx has priced its IPO, saying late last night that it is offering up 34,615,384 shares of its Class A common stock at $33.00 per share, indicating high investor interst in the company. The company priced well above its initial offering range, which was $24.00

Pricing 113

Pricing Silver Lake Santa Monica .Net 113

Both Sides of the Table

APRIL 21, 2010

This is the market that Wonga serves and they are killing it! Peer-to-peer lending service; started on FaceBook; claim to own 79% of the US peer lending market in March 2010 with a whopping $8,664,750. Investors: Foundation Capital (lead), with existing investors: Morgenthaler Ventures, Norwest Venture Partners, Canaan Partners.

Venture Capital 265

Venture Capital Capital Email Blogging 265

socalTECH

MAY 12, 2021

Duarte, California-based iPower, an online retailer of hydroponics equipment, has had a small IPO on the Nasdaq Capital Market. The company said it is selling 3,360,000 shares of its common stock at $5.00 per share, after pricing its IPO last night. The company starts trading today on the Nasdaq Capital Market as IPW.

Duarte 113

Duarte Pricing Capital Sites 113

socalTECH

SEPTEMBER 16, 2016

Everbridge is now trading on the NASDAQ Global Market as EVBG. Second Alpha Partners Fund, Eastward Capital Partners, PMC Financial Services, and others, and got started in Glendale as the National Notification Network (3N). per share, after pricing at $12.00 per share last night. per share, after pricing at $12.00

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Glendale Marketing SoCal Southern California 100

socalTECH

APRIL 15, 2021

San Diego-based TuSimple priced its IPO last night, saying that it will sell 33,783,783 shares of its Class A common stock at the price of $40.00 per share, raising just over $1 billion for the company. The company will begin trading this morning on the Nasdaq Global Select Market as TSP. Piper Sandler and Valuable Capital.

Pricing 113

Pricing Class San Diego Capital 113

socalTECH

JULY 18, 2014

TubeMogul , which develops software to help advertisers with their online video buying, priced its IPO last night, offering up 6,250,000 shares of its common stock at $7.00 The company will starts trading this morning on the NASDAQ Global Select Market as TUBE. tubemogul software digital video advertising merger acquisition exit'

Pricing 147

Pricing Advertising Startup Acquisition 147

socalTECH

DECEMBER 30, 2016

All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

SEPTEMBER 14, 2020

billion through its IPO on the NASDAQ Global Select Market. According to the company, it is looking to sell 39,807,691 shares of its common stock in the IPO. Santa Monica-based GoodRx , a developer of a digital healthcare and prescriptions service, has set an IPO pricing range of between $24.00 and $28.00 Seelaus & Co.,

Silver Lake 113

Silver Lake Pricing Santa Monica Equity 113

socalTECH

FEBRUARY 5, 2021

Los Angeles-based car sharing marketplace HyreCar, which provides access to cars for drivers int he ridesharing, food, and package delivery services business, says it expects to raise $25.85M in a public offering of the company's stock, which priced on Wednesday evening. Davidson & Co., Maxim Group, and Ladenberg Thalman & Co.

Los Angeles 113

Los Angeles Pricing Sales Capital 113

socalTECH

MAY 19, 2021

The company said it sold 2,409,639 shares of common stock and warrants to purchase 2,771,084 shares of common stock at $4.15 The offering was run by Kingswood Capital Markets. The company says it sells its apparel through numerous brands on a both direct-to-consumer and wholesale basis.

Los Angeles 147

Los Angeles Custom Customer Capital 147

socalTECH

MAY 20, 2021

Carpinteria-based Procore, the construction management software developer which went IPO this morning, is now worth more than $11 billion in market value, after pricing at $67.00 per share, and ending its first day of trading at $88 per share-- $21.00 above its debut, up 31.34%. The IPO was underwritten by Goldman Sachs & Co.,

Santa Barbara 113

Santa Barbara Software Development Pricing Capital 113

socalTECH

JULY 16, 2010

shares of its common stock. Investors who have benefited from the recent IPOs include VantagePoint Venture Partners, Rho Ventures, and Galleon Group, who were investors in ReachLocal; USVP, Battery Ventures, Mission Ventures, UMC Capital with MaxLinear; and Shamrock Capital, which backed RealD.

Westlake Village 145

Westlake Village Woodland Hills Thousand Oaks ReachLocal 145

socalTECH

MARCH 16, 2011

per share, above its estimated offering range of between $9.00 per share, raising $136.5M The firm, which develops software-as-a-service for the human resources and employee talent management sector, is venture backed by Bay Partners, Bessemer Venture Partners, and Meritech Capital. and $11.00 in its initial public offering.

Cornerstone OnDemand 133

Cornerstone OnDemand Pricing Santa Monica Resource 133

socalTECH

AUGUST 3, 2018

Santa Barbara-based Sonos saw a successful initial public offering (IPO) on Thursday, closing its first day of trading on the Nasdaq Global Select Market up nearly 33 percent. per share on Wednesday night, closed at $19.91 Sonos, which priced at $15.00 on Thursday, 32.73 percent above the IPO price. Sonos is now trading as SONO.

Santa Barbara 100

Santa Barbara Redpoint Pricing Acquisition 100

socalTECH

JANUARY 29, 2021

Los Angeles-based HyreCar, which operates a carsharing marketplace aimed at the ridesharing, and food and package delivery services market, says it has partnered with automotive mobility fleet manager AmeriDrive, to create a national network to provide vehicle supply and fleet operations. Details on that deal were not announced.

Los Angeles 113

Los Angeles Acquisition Mobile Networking 113

socalTECH

JUNE 28, 2012

per share, above its estimated initial offering range of $15.00 ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners. The firm's IPO performance is being closely watched, as it is the first, technology IPO to hit the markets since the Facebook IPO debacle.

Pricing 150

Pricing Marketing San Diego Equity 150

socalTECH

FEBRUARY 5, 2014

La Jolla-based biopharmaceuticals developer Auspex Pharmaceuticals has priced its IPO, saying it will offer up 7,000,000 shares of its common stock at $12.00 The company will begin trading this morning as ASPX on the NASDAQ Global Market. The company''s IPO was underwritten by STifel, BMO Capital Marketings, Robert W.

Pricing 138

Pricing Acquisition Capital Marketing 138

socalTECH

MAY 20, 2021

Carpinteria-based construction management software developer Procore Technologies priced its IPO last night, saying it will sell 9,470,000 shares of its common stock at a price of $67.00 per share, indicating strong investor interest in the offering. per share, indicating strong investor interest in the offering.

Pricing 113

Pricing Santa Barbara Software Development Capital 113

socalTECH

APRIL 26, 2021

The company has applied to list on the Nasdaq Global Select Market as HNST. The Honest Company said it is offering up 6,451,613 shares of its common stock in the offering, which is being underwritten by Morgan Stanley, J.P. King & Associates, Loop Capital Markets, Penserra Securities LLC, and Ramirez & Co., and $17.00

Company 113

Company Companies Los Angeles Pricing 113

socalTECH

JUNE 12, 2020

San Diego-based Avidity Bio , a biopharmaceuticals company working on oligonucleotide-based therapies, priced its IPO last night, saying that it will offer up 14,400,000 shares of its common stock at $18.00 The company said it will begin trading on the Nasdaq Global Market today, June 12th, under the ticker symbol RNA. READ MORE>>.

Pricing 113

Pricing San Diego Capital Invest 113

socalTECH

AUGUST 2, 2018

The maker of whole home, connected audio systems is the latest IPO success out of the Central Coast, which has seen a string of successful IPOs and acquisitions over the last few years. per share, indicating less institutional investment interest in the IPO than the company had hoped. Sonos was trading. READ MORE>>.

Santa Barbara 100

Santa Barbara Redpoint Pricing Acquisition 100

Xconomy

JULY 31, 2020

The biotech IPO market is buzzing but Cerevel Therapeutics is showing that there’s more than one path to the public markets. This week the neuroscience drug developer reached a deal to merge with publicly traded Arya Sciences Acquisition Corp II. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Pricing 72

Pricing Acquisition Capital Marketing 72

socalTECH

JUNE 11, 2021

La Jolla-based biopharmaceuticals startup Janux Therapeutics said early this morning that it has priced its IPO, offering up 11,400,000 shares of its common stock at $17.00 The company begins trading this morning on the Nasdaq Global market under the ticker symbol JANX. Janux Therapeutics is developing T cell engager immunotherapies.

Pricing 113

Pricing Avalon Capital Marketing 113

socalTECH

JUNE 8, 2020

La Jolla-based Avidity Biosciences , which is developing oligonucleotide-based therapies for rare and serious diseases, has set the pricing range for its IPO, saying it is looking to sell 10 million shares at between $14.00 The company said it has applied to list on the Nasdaq Global Market as RNA. and $16.00 READ MORE>>.

Pricing 113

Pricing Capital Invest Marketing 113

Startup Professionals Musings

AUGUST 1, 2020

With this agreement in place, there are a host of ways that both sides can win: Share common technology. Every startup has a core competency which should not be shared. Expand the market for both. Typically, there are market opportunities that neither of your core competencies can win alone.

Startup 126

Startup Outsource Competition Acquisition 126

socalTECH

OCTOBER 25, 2013

San Diego-based Sorrento Therapeutics , a biopharmaceuticals firm focused on oncology, and therapeutic products for inflammation, metabolic, and infectious diseases, has raised $30M in a public offering, and has been listed on the NASDAQ Capital Market. srne nasdaq acquisition merger therapeutics sorrento' READ MORE>>.

San Diego 157

San Diego Acquisition Capital Marketing 157