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Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. Not necessarily.

Startup 227
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Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What does Chrome River's software do? With this acquisition, that has put Concur into SAP.

Software 100
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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. Facilitate rapid growth through contracted resources. Prioritize mergers and acquisitions early.

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Google Wants to Disrupt Home Automation with $3.2 Billion Nest Acquisition

Tech Zulu Event

Google’s acquisition of Nest gives the the co-founders an early exit and resources to up their hardware game. Nest is not Google’s first hardware acquisition. What I love about Nest is creating, developing and designing products with an amazing team. Billion Nest Acquisition appeared first on TechZulu.

Google 86
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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. First, business is ultimately about peoplethe strengths and flaws of being human.

Capital 100
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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

No matter how passionately you believe that everyone needs one, and positive feedback from friends and early adopters (false positives), before you invest in scaling the business, make sure you set and meet good metrics in cost of customer acquisition, recurring sales, and margin. Gather your resources before scaling the business.

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Cornerstone OnDemand Up Nearly 47 Percent In IPO

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources software headed by Adam Miller, were up nearly 47 percent Thursday in its initial public offering. The firm, which debuted on the NASDAQ Global Market, had debuted in the morning at $13.00