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This is the mysterious and dreaded duediligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for duediligence, 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.
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. Our whole product and technology team is about 500 people. Talk about the technology behind your operations here? What''s your background and how did you end up at YP?
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. Our whole product and technology team is about 500 people. Talk about the technology behind your operations here? Louis and Atlanta.
This is the mysterious and dreaded duediligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for duediligence, 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.
This is the mysterious and dreaded duediligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for duediligence, 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.
The “span of control” for a growing tech startup is probably 6-9 people. The “doers” in your organization. You help them prioritize their objectives and review the results. You motivate, cajole, reassign tasks, hire, fire and push the organization forward. You set direction. You hire great people.
Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.
The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. Bird first unveiled the Scoot Moped in October following its acquisition of Scoot. Initially the mopeds were piloted in Los Angeles, according to Bird. ”
Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.
Only one guy in the room knew – their tech lead. Once you churn a user due to stability or performance problems it can be hard to get them back. Customer Acquisition. How many adds came through organic SEO? Those two things together would lower your acquisition costs nearly in half to $6.11. lowering $1.50
Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. How long does it take me to pay back my original customer acquisition costs? We built a strong brand in the city and acquired a ton of organic traffic.
James (chairman of the Althea Foundation) and appointed Adam Sroka as Senior Vice President of Technology in a move to make business transactions simple and secure. . Jackson , “This financing round, coupled with hiring Adam Sroka as our head of technology, puts CapLinked in a position to further enhance our enterprise product offerings.”.
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. Don’t forget it.
If you are the hot-shot technical innovator that invented your solution, make sure you have an equally adept business and marketing expert to complement your skills. “If Bill Gates was the technical genius, but Steve Ballmer, from Procter & Gamble, ran the business side of the equation. Needed help can be your biggest burden.
The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. Organizations are assigned value by how well they take advantage of the best technology, and turn information into action.
The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. Organizations are assigned value by how well they take advantage of the best technology, and turn information into action.
Value is created through diligent hard work. Once you prove that a substantial number of people are willing to pay more for your solution than it costs you to provide it, you can then consider licensing your underlying technology. Fallacy: Most large organizations are driven by the fear of loss, rather than hope of gain.
What's the best way to reach out and recruit diverse candidates for your technology company? is an HR tech platform that makes it very easy for companies to source diverse talent. How do you create those communities, and are those focused on different technical areas? It's not easy, which is why Los Angeles-based Divercity.io
To be eligible for the program, you need to be a NASE member, and monthly and Silver members have to be involved with the organization for over 90 days. Create a membership here Deadline: Applications are reviewed quarterly 3. Since 2006, NASE has handed out almost $1,000,000 through the program. Learn more and apply here 3.
In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges. Every business team becomes inwardly- focused by default, comparing themselves only emotionally to others they know within the organization. Hone your process for duediligence and integrating these new elements.
It’s why before every speech I call the organizer and drill them about who will be in the audience. I want to know how many people, their level of tech sophistication, their age and their interests. How much power does Google have due to search? I look carefully at who is speaking before me. So I thought I would.
I review these tenets with my entrepreneurial students at UC Santa Barbara at the beginning of each quarter to reinforce many of the key topics we will cover in the following weeks. If improperly administered, meetings become counter-productive, especially as an organization grows beyond its initial startup phase. The Two Pizza Rule.
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. In 2020, the pandemic radically changed the customer acquisition process for many consumer-facing industries. What are you most looking forward to in the technology/startup world in 2021?
However, savvy startups can leverage LinkedIn to create a customer acquisition and a churn reduction tool. When SimpleLegal follows its users into a new organization, there are generally no alternative solutions being used. A version of this article previously appeared in Forbes. Businesses typically use LinkedIn to recruit employees.
The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. Organizations are assigned value by how well they take advantage of the best technology, and turn information into action.
Farbod Shoraka: My background is actually in mergers and acquisition advisory. It''s very similar to flowers, in that sense that I was working on a deal selling a flower company, and got lots of background information and understanding of the industry as part of our duediligence. They have to pay for placement.
Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. If your startup strategy is to be a lifestyle company, or a family business that will grow organically and never go public, then no-exit is a valid exit strategy.
After a few acquisitions they offered many of the services you think about as foundations to social networks today. It did not have the same success as Google’s acquisition and MySpace sold Photobucket 2 years later to a relatively unknown Seattle-based startup called Ontela for a reportedly $60 million. Is the game over?
With a standard tech startup I can tell you in my sleep that your two biggest cost items by a long shot are people (between 60–75% of total costs) and space (10–20% of total costs). Once organizations scale they inevitably implement systems to make booking shared spaces more streamlined and usually more democratic?—?the
This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. In today’s marketplace, junior staffers are often the most intimately connected to the market, technology, and the customer network. Sales will be the organization’s sole focus.”
It’s a volatile period for every company, where most struggle with getting commercial and technological traction, usually based on a single product or service. This usually marks the end of organic growth, as partnerships and alliances aid growth, but again dilute the focus on culture. Geographic expansion. Efficiency and scale.
Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Internal corporate processes thwart innovation due to inherent inefficiencies of scale, high overhead, and the risk of impact on the corporate bottom line. Existing technologies have been “commoditized” globally.
Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. If your startup strategy is to be a lifestyle company, or a family business that will grow organically and never go public, then no-exit is a valid exit strategy.
Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. If your startup strategy is to be a lifestyle company, or a family business that will grow organically and never go public, then no-exit is a valid exit strategy.
Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Internal corporate processes thwart innovation due to inherent inefficiencies of scale, high overhead, and the risk of impact on the corporate bottom line. Existing technologies have been “commoditized” globally.
This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. In today’s marketplace, junior staffers are often the most intimately connected to the market, technology, and the customer network. Sales will be the organization’s sole focus.”
Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Internal corporate processes thwart innovation due to inherent inefficiencies of scale, high overhead, and the risk of impact on the corporate bottom line. Existing technologies have been “commoditized” globally.
This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. In today’s marketplace, junior staffers are often the most intimately connected to the market, technology, and the customer network. Sales will be the organization’s sole focus.
This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. In today’s marketplace, junior staffers are often the most intimately connected to the market, technology, and the customer network. Sales will be the organization’s sole focus.”
Language Weaver is backed by Palisades Ventures, the Tech Coast Angels, and The Athenaeum Fund. It's gone from document acquisition, to document exploitation. There's so much to review in the intelligence and defense area, the single most valuable thing one can deliver is elimination. What's new with Language Weaver?
It’s a volatile period for every company, where most struggle with getting commercial and technological traction, usually based on a single product or service. This usually marks the end of organic growth, as partnerships and alliances aid growth, but again dilute the focus on culture. Geographic expansion. Efficiency and scale.
This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. In today’s marketplace, junior staffers are often the most intimately connected to the market, technology, and the customer network. Sales will be the organization’s sole focus.”
Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. Internal corporate processes thwart innovation due to inherent inefficiencies of scale, high overhead, and the risk of impact on the corporate bottom line. Existing technologies have been “commoditized” globally.
It’s a volatile period for every company, where most struggle with getting commercial and technological traction, usually based on a single product or service. This usually marks the end of organic growth, as partnerships and alliances aid growth, but again dilute the focus on culture. Geographic expansion. Efficiency and scale.
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