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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.

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Snap accelerator names its latest cohort

TechCrunch LA

Mogul Millennial — this Dallas-based company is a digital media platform for black entrepreneurs and corporate leaders. Since launching the platform in 2018, startups from the Snap accelerator have gone on to acquisition (like Stop, Breathe, and Think, which was bought by Meredith Corp.)

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Naritiv's Snapchat Analytics Software Acquired By Hootsuite (Update)

socalTECH

The Snapchat analytics software developed by Los Angeles-based Naritiv , a startup producing online content for brands, has been acquired by social media management firm Hootsuite. Financial terms of the acquisition were not announced. The announcement was made on Tuesday. and Allen DeBevoise. READ MORE>>.

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Here’s Why it Was an Epic Month for #LATech

Both Sides of the Table

AOL committed to keeping the team in LA after the acquisition and in building a deeper technology team in town. And they were allegedly acquired (or so TechMeme says) by Apple in order to absorb the great engineers that built the leading iOS testing platform TestFlight. Burstly is a Santa Monica-based team that I also proudly funded.

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Disney Accelerator Shows Off First Class Of Startups

socalTECH

Among the announcements at the demo day were the funding of smartphone toy company SnowShoe , and an acquisition of Smart Toy , a developer of an interactive toy. The Disney Accelerator said that Smart Toy was acquired by Los Angeles-based children''s product firm Cartwheel Kids, and that SnowShoe raised $2.2M in its seed funding round.

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Snap Unloads Placed To Foursquare

socalTECH

the parent firm of Snapchat , has sold off Placed , a developer of location intelligence and offline attribution software tools. Financial terms of the acquisition were not announced. The acquisition by Foursquare came after it raised a new $150M investment from the Raine Group. Los Angeles-based Snap Inc. , READ MORE>>.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. We see big data storage solutions and processing platforms. In the last month alone (ie not captures in the $1.5