Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Everhart distills his leadership insights from many decades in one of the largest business-to-business marketing agencies, working with companies across the country.

Customer 100

Customer Custom Acquisition Technical Review 100

Berkonomics

DECEMBER 22, 2016

One of my company CEO’s recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises. This CEO states that he has made it work twice when acquiring companies, and that is enough for him to make it his rule for all future acquisitions.

Acquisition 120

Acquisition .Net Sales Email 120

Berkonomics

SEPTEMBER 6, 2018

Minor decisions, such as replacing employees who have left the company or replacing equipment needing updating, are usually considered operational in nature, and unless the business is changing direction, not relevant to this test. Should I make an acquisition to increase value? Odds that an acquisition will be a success.

Company 120

Company Companies Acquisition Resource 120

socalTECH

MAY 16, 2019

For our interview this morning, we caught up with Isaac Garcia , a serial entrepreneur who previously founded and sold his last company, Central Desktop, and now is working on a new startup, Sales Insider. What is Sales Insider? Isaac Garcia: Sales Insider is a talent marketplace for hiring software sales reps.

Sales 133

Sales Startup Software Marketing 133

socalTECH

SEPTEMBER 26, 2012

Hodes talks about how you might position your company for a sale, and some of the things you need to do as part of that process. In times of recession there is pent-up demand by entrepreneurs to sell their companies. What needs to be prepared to position a company for sale? Continued.). READ MORE>>.

Sales 124

Sales Company Companies Demand 124

socalTECH

SEPTEMBER 30, 2014

Irvine-based Newport Corporation said it has completed its previously announced acquisition of Israeli laser manufacturer V-Gen Ltd. Newport Corporation said it expects the acquisition to generate sales of $15M to $20M in the next twelve months. Financial terms of the buy have not been announced. READ MORE>>.

Acquisition 138

Acquisition Sales Develop Development 138

Berkonomics

JANUARY 5, 2023

Public companies looking to acquire your growing enterprise usually have a few financial measures that help them weed out those candidates that will be too expensive in terms of effort or of too little financial attractiveness. That’s quite a goal to achieve. The second rule: The 20/20 rule. Not a bad goal, and certainly not a bad result.

.Net 156

.Net Acquisition Sales Email 156

socalTECH

DECEMBER 17, 2010

El Segundo-based Internet Brands said Friday that the acquisition of the firm by private equity firm Hellman & Friedman has closed. The acquisition, which had originally been announced in September, was worth $640M. JMI Equity also invested in Internet Brands as part of the sale. READ MORE>>.

Internet Brands 220

Internet Brands Acquisition El Segundo Equity 220

socalTECH

DECEMBER 10, 2020

Newport Beach-based private equity investor L Squared Capital Partners says it has successfully sold one of its portfolio companies, Learners Edge , to another private equity investor, Quad-C Management. Financial details of the sale were not announced. Learners Edge provides professional education products to teachers. READ MORE>>.

Company 113

Company Companies Education Equity 113

socalTECH

SEPTEMBER 6, 2017

as its investment banking advisor, as it explores "strategic alternatives", including a full company sale, licensing agreements or asset sale coupled with a reverse merger for the company. San Diego-based oncology drug developer MabVax Therapeutics announced today that it has hired Greenhill & Co. READ MORE>>.

Sales 100

Sales San Diego Acquisition Invest 100

socalTECH

AUGUST 19, 2014

According to the WSJ , Apax Partners has decided to retain the company, after testing the market for a sale of Epicor. epicor apax partners supply chain management software investment banking merger acquisition' The news on that move came in May. Apax bought Epicor back in 2011. READ MORE>>.

Orange County 153

Orange County Sales News Equity 153

socalTECH

MARCH 16, 2015

El Segundo-based technology service provider PCM announced this morning that it has acquired En Pointe Technologis Sales , in ann asset acquisition deal. PCM said it acquired En Pointe Technologies Sales IT solutions provider business, excluding the firm''s current tangible assets, accounts receivable and inventory. READ MORE>>.

Sales 100

Sales El Segundo Gardena Technology 100

Berkonomics

MARCH 28, 2024

They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth. Even venture capitalists who sit on boards where they have significant investments often forget this point.

Class 282

Class Coach Invest Sales 282

socalTECH

OCTOBER 12, 2017

Los Angeles-based Internet services and digital media giant j2 Global has acquired two more companies, but in an interesting shift, also said it has divested three companies from its portfolio. Financial details of the acquisitions and sales were not announced.

Company 113

Company Companies Sales Email 113

socalTECH

AUGUST 23, 2017

in a Series J Convertible Preferred Stock financing, and has engaged an investment banking firm to "explore strategic alternatives" for the company. The publicly held company, which trades on the Nasdaq at MBVX, said the new funding will go toward working capital and general corporate purposes.

Invest 113

Invest Company Companies San Diego 113

TechCrunch LA

SEPTEMBER 13, 2021

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

socalTECH

JUNE 5, 2018

Santa Ana-based Irvine Scientific Sales , which provides cell culture media to the scientific industry, has been acquired by Japanese company FUJIFILM Corporation , in a deal worth $800M. According to FUJIFILM, the deal included both Irvine Scientific Sales Company, Inc. The deal had been announced in March.

Sales 124

Sales Media Help Product 124

socalTECH

NOVEMBER 26, 2013

San Diego-based Qualcomm said late Monday that it has completed its sale of OMnitracs , the company''s GPS fleet management software and products division, to private equity firm Vista Equity Partners. Financial details of the Roadnet Technologies acquisition were not announced. The deal was worth approximately $800M in cash.

Sales 138

Sales Equity San Diego Acquisition 138

Berkonomics

AUGUST 17, 2023

Preparing for the game… If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 296

Invest Capital Startup Entrepreneur 296

socalTECH

OCTOBER 12, 2016

According to L Square, the investment in Edlio will go towards sales and marketing, international growth, new product development, and strategic acquisitions. The funding came from L Squared Capital Partners. Edlio is led by CEO Ali Arsan. READ MORE>>.

Acquisition 100

Acquisition Software Class News 100

socalTECH

JUNE 27, 2017

Culver City-based NantCell , one of the companies that is part of Dr. Patrick Soon-Shiong's NantWorks group of companies, is acquiring Altor Bioscience. in "contingent value rights" based on regulatory and sales milestones. in "contingent value rights" based on regulatory and sales milestones. READ MORE>>.

Culver City 113

Culver City Acquisition Pricing Equity 113

socalTECH

JANUARY 24, 2013

Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development. READ MORE>>.

THQ 153

THQ Sales Agoura Hills Agoura 153

socalTECH

DECEMBER 2, 2014

Ingram Micro said Armada has 2013 sales of over $280M. ingram micro merger acquisition computer electronics turkey international armada' Financial terms of the buy were not disclosed. Ingram Micro said the buy will enhance its access and reach into Turkey''s fast growing technology industry. READ MORE>>.

Company 147

Company Companies Acquisition Sales 147

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

socalTECH

DECEMBER 6, 2021

Santa Monica-based private equity investor Clearlake Capital says that it has sold one of its portfolio companies, Provation, which provides software to the healthcare industry. Financial details of the sale were not announced. Clearlake said it investedin Provation in March of 2018, after a carve-out acquisition from Wolters Kluwer.

Capital 113

Capital Santa Monica Acquisition Equity 113

socalTECH

OCTOBER 7, 2010

Specific details on the sale and the buyer of the patents was not disclosed by the company. The firm said the new sale comes on top of a previously announced, $10.0M patent sale it announced in July. Mindspeed said the patent sales puts the firm in its "strongest net cash position in over five years." READ MORE>>.

Patents 153

Patents Sales .Net Acquisition 153

socalTECH

JUNE 26, 2012

the startup business effort run by Mike Jones, the former CEO of MySpace, has made its first acquisition, saying this morning that it has acquired Pinpuff , the developer of a platform which measures the influence of Pinterest users, and awards them with perks. Science, Inc. , Financial terms of the buy were not disclosed. READ MORE>>.

Acquisition 113

Acquisition Los Angeles Platform Sales 113

Berkonomics

JUNE 25, 2020

There are several key performance indicators that help new generation company management see more clearly their progress and corporate health. CACR (Customer Acquisition Cost Ratio). The lower the ratio, the more successful the customer acquisition campaign. CPA (Cost per Acquisition). The lower, the better.

Acquisition 156

Acquisition Statistics Sales Customer 156

socalTECH

AUGUST 8, 2016

Last week El Segundo-based Wpromote acquired fellow marketing agency Standing Dog, in a deal which brings the company to 260 employees, and continues to grow the company. Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types.

Acquisition 100

Acquisition Paid Search El Segundo SEO 100

socalTECH

FEBRUARY 4, 2014

Santa Barbara-based Be Green Packaging , a designer of sustainable, compostable, and recyclable packaging for the consumer packaged goods market, has been acquired by private equity investor Riverside Company. begreen packaging cleantech recyclable riverside merger acquisition ecofriendly recycle compost' READ MORE>>.

Riverside 147

Riverside Santa Barbara Company Companies 147

socalTECH

MARCH 7, 2012

said this morning that the two are expecting their deal for the sale of Hitachi's HDD business to WD to close on March 8th. WD and Hitachi said the two have obtained all of the required, regulatory approvals for the acquisition of Viviti Technologies Ltd., the holding company for Hitachi Global Storage Technologies.

Acquisition 147

Acquisition Sales Technology Company 147

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Rowe Price, according to the company. Financial details of that acquisition were not announced.

San Diego 113

San Diego Coach Sales Training 113

Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383

Startup Company Companies .Net 383

socalTECH

APRIL 17, 2013

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. hulu merger acquisition exit content hollywood streaming video guggenheim' Guggenheim is the same firm that attempted to sell Hulu in 2011. READ MORE>>.

Hulu 189

Hulu Report Company Companies 189

socalTECH

AUGUST 25, 2016

Santa Monica-based Twistory Entertainment Studios , which had been a mobile game development and graphic novel design company, is being sold in an asset sale, according to auction company CMA Auctions. Twistory Entertainment was founded in 2009, and had developed Ouch! READ MORE>>.

Entertainment 100

Entertainment Sales Santa Monica Mobile 100

socalTECH

NOVEMBER 16, 2016

Poway-based Cohu said late Tuesday that it has agreed to acquire Kita Manufacturing Co LTD , a Japanese companies that develops products used in electronics manufacturing. The company said Kita had current year sales of estimated $17M. net of cash acquired.

Company 100

Company Companies .Net Design 100

socalTECH

JUNE 30, 2021

Los Angeles-based ServiceTitan, which provides software used by contractors and the trades to manage their business, has acquired another company, Aspire Software, which develops software for the commercial landscaping business. Financial details of the acquisition were not announced. billion, according to the company.

Acquisition 113

Acquisition Equity Los Angeles Software 113