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. Anne Kavanagh: I came through the ranks of sales and marketing.

Startup 100

Startup Advertising Marketing Platform 100

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

SEPTEMBER 26, 2012

For today's Insights and Opinions section--where we share useful advice, opinions, and more from the community--we have an article from attorney Jonathan Hodes , of Stubbs Alderton & Markiles LLP. 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.

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Sales Company Companies Demand 124

socalTECH

NOVEMBER 23, 2021

Los Angeles-based social video sharing app Triller announced this morning that it has acquired Thuzio, which runs business-to-business premium influencer events and experiences. According to Triller, it will use the acquisition to grow its live event programming. Financial terms of the buy were not announced.

Entertainment 113

Entertainment Acquisition Los Angeles Sales 113

Xconomy

JANUARY 11, 2018

LendingPoint , an online provider of direct loans to consumers, has acquired LoanHero , the San Diego fintech with technology that enables merchants to extend instant financing to consumers at the point of sale. Read more » Reprints | Share: Financial terms of the buyout were not disclosed in an announcement Thursday.

Sales 68

Sales San Diego Acquisition Software 68

socalTECH

AUGUST 9, 2010

Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has integrated its service into Veoh.com, after its acquisition of substantially all of the assets of Veoh.com. The sale had earlier been reported in April. READ MORE>>.

Veoh 100

Veoh Acquisition Los Angeles Tool 100

Startup Professionals Musings

SEPTEMBER 27, 2023

When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out. In the U.S.,

.Net 96

.Net Startup Entrepreneur Acquisition 96

socalTECH

AUGUST 8, 2016

Mike Mothner: The business today, is we are a digital agency focused on customer acquisition and growth for businesses of all types. Mike Mothner: With the acquisition of Standing Dog, which technically closed today, that added about 75 people to bring us to 260 employees. What has helped you grow to the size where you are now?

Acquisition 100

Acquisition Paid Search El Segundo SEO 100

socalTECH

MARCH 5, 2021

million shares of his stake in the firm, worth roughly $213M, according to reports. The stake represents Palihapitiya's last personal holding in the company, although he does hold shares in a partnership that also owns parts of Virgin Galactic. Palihapitiya has yet to comment on the sale.

Report 113

Report Acquisition Sales Company 113

Xconomy

MAY 8, 2020

It’s a lot to pay for a drug that hasn’t lived up to sales expectations but Hantson. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS. This week, Alexion agreed to pay $1.4 billion for Portola Pharmaceuticals, whose main product treats emergency bleeding—not exactly a rare disease.

Acquisition 68

Acquisition Sales Product San Diego 68

InfoChachkie

APRIL 7, 2010

Despite the pathetic nature of Barney deals, the big purple dinosaur offered sound business advice to entrepreneurs in a TV episode entitled, “Sharing means caring.” Barney realized that caring entails a willingness to share the risks and rewards associated with a mutually advantageous relationship. When Sharing Works.

Resource 154

Resource Paramount Press Metrics 154

Tech.Co

JANUARY 19, 2016

CapLinked , a secure enterprise sharing and storage provider, today has announced a new round of funding totaling $3.5 To sum things up, if Dropbox is to cloud based sharing, CapLinked is to an enterprise sharing vault. You’ll have to share sensitive data. It keeps companies safe while doing.”.

Doc 120

Doc Invest Screening Capital 120

Xconomy

MAY 8, 2018

In the eight years since it was founded, Seismic has become a leader in the market for Web-based software used by corporations and other big customers to manage the online marketing materials created to support sales reps in the field. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Sales 70

Sales Software San Diego Web 70

Xconomy

AUGUST 26, 2020

million of it in Acadia shares, according to a regulatory filing —that closed Monday. Acadia agreed to pay CerSci shareholders up to $887 million more in payments depending on development, commercialization, and sales milestones, plus royalties. Read more » Reprints | Share:

San Diego 102

San Diego Acquisition Sales Develop 102

socalTECH

FEBRUARY 23, 2017

Los Angeles-based private equity investor Skyview Capital has sold off portfolio company Syncplicity , a developer of enterprise file sharing and synchronization software, to Axway. Financial details of the sale were not announced. Skyview Capital had acquired Syncplicity from EMC back in July of 2015. Axway is based Paris, France.

Capital 113

Capital Equity Acquisition Los Angeles 113

SoCal Tech Calendar

APRIL 22, 2019

CEO Bill Van Vleet shares some of his growth hacks with TCVN attendee on April 25th. Bill has done it over and over again and is willing to share his amazing growth strategies.William Van Vleet is a talented and seasoned executive with over 35 years of experience in technology product development for commercial and defense markets.

TCVN 100

TCVN Acquisition Sales Marketing 100

socalTECH

FEBRUARY 22, 2016

Engaged Capital wants Outerwall to discontinue its share repurchases and to seek "strategic alternatives" to the rest of Outerwall's business, including outright sale of the entire company. ecoATM, which is still based in San Diego, was acquired by Outerwall in July of 2013 for $350M, by Outerwall subsidiary Coinstar.

Sales 100

Sales San Diego Demand Capital 100

socalTECH

APRIL 8, 2014

in cash and 0.897 of its shares for each share of Questcor''s common stock. Questcor had sales of $799M during calendar year 2013. The companies did not say how the acquisition will affect Questcor''s employment base in Orange County. Mallinckrodt will pay $30.00 Questcor is headquartered in Anaheim. READ MORE>>.

Orange County 153

Orange County Acquisition Sales Company 153

socalTECH

MAY 22, 2014

is planning to sell 41,499,689 shares of Activision Blizzard common stock, in a public offering. Those shares represent half of Vivendi''s stake in Activision Blizzard, and is worth around $866M. Vivendi said in a statement that it hopes to eventually totally exit the share capital of Activision Blizzard. READ MORE>>.

Activision 157

Activision Santa Monica Sales Acquisition 157

socalTECH

JULY 19, 2019

shares of its common stock, at $3.00 The stock offering will provide the company gross proceeds of $10.5M, which it says it will use to expand sales and marketing, customer support, and technology investments to continue to grow its platform.

Los Angeles 124

Los Angeles Pricing Platform Sales 124

Startup Professionals Musings

AUGUST 21, 2021

Switch your focus from product development to sales. Explosive growth to an enterprise normally requires a scalable sales model, a well-documented process with incentives, training, and metrics for tracking and management. Drive productivity and engagement through shared values.

Startup 151

Startup Course Sales Entrepreneur 151

socalTECH

SEPTEMBER 4, 2013

According to the two, Broadcom is acquiring assets and shares of Renesas Electronics'' LTE modem technology subsidiaries and assets. The move came after Renesas said in June that it would stop development activities and sales of its LTE wireless modems, and work on selling the business. READ MORE>>.

Acquisition 164

Acquisition Activity Sales Technology 164

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

NOVEMBER 14, 2016

per share in cash for publicly traded Harman. Samsung said the acquisition will help boost its presence in the infotainment, telematics, and sound management areas. billion in sales for the 12 months ended September 30th, a big portion in the automotive market. billion, the two announced this morning. Harman had $7.0

Northridge 100

Northridge Southern California Acquisition Sales 100

Xconomy

JULY 7, 2016

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today.

Sales 40

Sales San Diego .Net Report 40

socalTECH

JANUARY 28, 2020

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock. READ MORE>>.

Santa Monica 124

Santa Monica Venture Capital Equity Capital 124

TechCrunch LA

APRIL 9, 2020

From lockdown in her Northern Italy home, Cevolini shared perspective on the future of motorcycling, acquisition offers and plans to recharge her company when the COVID-19 crisis subsides. general manager ( Stefano Benatti ) — filled more orders in the first two months of 2020 than all its sales for 2019, according to Cevolini.

Technical Review 277

Technical Review Competition Demand Sales 277

Berkonomics

NOVEMBER 24, 2022

In one industry I know well, the dominant player with 22% market share was acquired by one of the largest companies in the technology world. Everyone, including those connected with the newly acquired dominant player, wondered what changes would affect their company and their personal lives and fortunes.

Resource 156

Resource Competition Examples Customer 156

Berkonomics

JUNE 29, 2017

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 243

Invest Entrepreneur Sales Startup 243

Startup Professionals Musings

JULY 26, 2010

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Even mergers and acquisitions (M&A) came early. New management skills. Marty Zwilling.

Acquisition 85

Acquisition Startup Organization Competition 85

socalTECH

FEBRUARY 27, 2015

Los Angeles-based j2 Global said this morning that it has again extended its tender offer for all of the shares of Carbonite , until March 30th. j2 Global--which launched a hostile bid for Carbonite in December , said that so far, 5,602,174 shares of Carbonite''s shares have been tendered. READ MORE>>.

Acquisition 100

Acquisition Los Angeles Services Sales 100

socalTECH

JUNE 8, 2021

Two, Los Angeles area companies--Ecwid and NuORDER--are in a deal to be acquired by Canadian point-of-sale software developer Lightspeed, Lightspeed announced on Monday. According to Lightspeed, it will pay approximately $500M for Ecwid, split between $175M in cash and $325M in shares of the company.

Commerce 113

Commerce Software Development Los Angeles Sales 113

Startup Professionals Musings

OCTOBER 8, 2022

What if your customer acquisition cost assumptions have to change? This can be projected top down from market share assumptions, or bottom up from actual costs and sales results. Each has a different set of variables for sales, revenue flow, marketing costs and personnel.

Startup 147

Startup Pricing Sample Customer 147

Xconomy

NOVEMBER 22, 2019

Bristol-Myers Squibb this week completed its acquisition of Celgene, a $74 billion deal that creates a pharmaceutical juggernaut. And all it took was the largest asset sale ever required by federal antitrust regulators. billion to acquire apremilast , Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Acquisition 69

Acquisition Sales San Diego Company 69

socalTECH

DECEMBER 27, 2018

If you measure success by exits, the Ring acquisition by Amazon and Cylance acquisition by Blackberry, each for $1 billion, were among the biggest stories of 2018. The Playa Vista company is aggressively taking market share and could go public. Seismic, a sales software company, raised $100M and became a unicorn.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

APRIL 22, 2013

Power-One has nearly 3,300 people spread across China, Italy, the US and Slovakia; the firm had sales of approximately $1 billion in 2012. powerone merger acquisition power supply solar inverter cleantech photovoltaic' Camarillo-based power supply and solar inverter manufacturer Power-One has agreed to be acquired by ABB Ltd. ,

Acquisition 153

Acquisition Sales Marketing Product 153

Startup Professionals Musings

DECEMBER 17, 2022

They steal a share of your market, slow down customer buying decisions, making it harder to close new business, and put the brakes quickly on your exponential growth. Thus even if unit sales keep increasing, revenues can lag due to the need for lower prices as the mainstream market takes over. Competitors see the same opportunity.

Startup 106

Startup Pricing Cloud Computing Customer 106