Remove Angel Remove Capital Remove Layoffs Remove Venture Capital
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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. You can go to the Hot List post to see what was hot then.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But while I prefer a certain naive optimism in founders I can’t see the logic that this extends to angel investors. Either downside scenario requires angel deals to be funded further.

Invest 284
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Machinima Cuts 10 Percent More

socalTECH

Los Angeles-based YouTube network Machinima announced Wednesday afternoon that it has laid off 10 percent of its employees, or 22 employees out of a current staff of 206, as part of a shift in its programming plans. The company said the layoffs come as part of an "increased commitment to premium programming". READ MORE>>.

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Syndio, With Co-Founder In LA, Snags $7.5M

socalTECH

The funding came from Voyager Capital and the Emerson Collective. Syndio's headquarters are in Seattle, but co-founder and Chief Data Scientist Zev Eigen is based in Los Angeles. Syndio's software is used to analyze employee compensation in real time, determining how hiring, promotion, layoffs, and other factors change pay equity.

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Nasty Gal Picks Up $12.7M

socalTECH

Los Angeles-based online fashion retailer Nasty Gal has raised $12.7M, as part of an ongoing venture funding targeted at $16M, according to a regulatory filing by the firm this week. Nasty Gal has previously raised funds from Index Ventures. Nasty Gal has previously raised funds from Index Ventures. READ MORE>>.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But I prefer a certain naive optimism in founders but I can’t see that this extends to angel investors. Either scenario requires angel deals to be funded further. Not everybody agreed.

Invest 152
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Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

Why did you decide to move to venture capital? We had to do a reduction-in-force and layoff early in our career, and I thought we were done. I've been going through the startup journey, and just finished our Series D investment. That allowed me to take a step back, and relocate. Minnie Ingersoll: That's a good question.