TechCrunch LA

FEBRUARY 3, 2021

Good Eggs says that in the past year, revenue has grown to the nine figures (more than $100 million), hired more than 400 employees and nearly doubled its customer base. ” In addition to geographic expansion, Hall said the money will allow Good Eggs to continue adding new products and to find ways to improve the e-commerce experience.

Southern California 318

Southern California Orange County San Diego Commerce 318

Startup Professionals Musings

AUGUST 14, 2014

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos.

Competition 93

Competition Startup Patents Slides 93

socalTECH

MAY 28, 2013

To bring that ability to name your own price on products, Los Angeles-based Greentoe (www.greentoe.com) recently launched, allowing consumers to name their own price to retailers of everything from electronics to baby products. Joe Marrapodi: GreenToe is a name your own price marketplace for products. What is Greentoe?

Pricing 273

Pricing Product Help Sales 273

Tech.Co

SEPTEMBER 25, 2015

From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals.

Competition 122

Competition Mobile Startup Technical Review 122

socalTECH

MAY 23, 2018

Los Angeles-based mobile phone service provider FreedomPop is announcing this morning that it has launched a brand new, high end mass market wireless service, specifically aimed at Sprint and T-Mobile subscribers.

Mobile 100

Mobile Customer Custom Startup 100

Startup Professionals Musings

DECEMBER 21, 2013

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. Fresh customer base. New management skills. Marty Zwilling.

Organization 97

Organization Competition Startup Acquisition 97

socalTECH

SEPTEMBER 14, 2020

Los Angeles-based cloud identity management software developer Saviynt says it saw record growth during the first half of 2020--despite the pandemic--saying it saw a 48 percent growth in recurring revenue. The company attributed the growth to "product innovation, competitive customer wins, and key partnership additions."

Competition 113

Competition Software Development Los Angeles Tool 113

TechCrunch LA

APRIL 9, 2020

The coronavirus pandemic has forced Energica to hit the brakes on production of its battery powered machines that can reach top speeds of 168 mph. The venture is also one of the few e-motorcycle companies drawing engineering tips from competition. Technology from the track is transferring to production models, according to Cevolini.

Technical Review 277

Technical Review Competition Demand Sales 277

TechCrunch LA

SEPTEMBER 30, 2019

Two years after the Los Angeles-based fintech startup Dave launched with a suite of money management tools to save consumers from overdraft fees , the company is now worth $1 billion thanks to a nascent banking practice that had investors lining up. It’s another to actually manage their money,” says Wilk.

Company 262

Company Companies Startup Tips 262

Startup Professionals Musings

SEPTEMBER 16, 2023

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

TechCrunch LA

NOVEMBER 24, 2020

million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. Unlike most banking startups that woo customers with easy credit and savvy online user interfaces, HMBradley is pitching a better savings account. With $90 million in deposits and $18.25 on their deposits.

Los Angeles 237

Los Angeles Venture Capital Capital Customer 237

Startup Professionals Musings

FEBRUARY 16, 2018

The market is changing so fast these days, and if you are not planning a solution today for tomorrow’s customers, you may be setting yourself up for failure and don’t even realize it. As an angel investor, I routinely toss business plans that focus too much on today, and don’t talk about tomorrow.

Customer 57

Customer Custom Technical Review Software Review 57

Berkonomics

JUNE 2, 2022

Looking for an entrance into a VC, an angel group, a bank, a CxO for a sales opportunity, or any other entity? Are you working with or selling to a particularly important competitor to your target customer? Dropping that name will often immediately draw a response if the decision maker is curious or particularly competitive.

Ideas 156

Ideas Sales Competition Venture Capital 156

Startup Professionals Musings

JULY 13, 2022

You may feel good when that first burst of customers arrives, but don’t assume that “ word of mouth ” and those early adopters will grow your business to match your dreams of success. In these days of global competition via multiple channels, you need continuous marketing to find more customers. They won’t find you.

Technical Review 142

Technical Review Social Media Conference Customer 142

Startup Professionals Musings

AUGUST 4, 2013

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. For example, one CEO I know gave away his software product to the first ten customers. You won’t succeed with a product that is too expensive for the market.

Product 94

Product Pricing Customer Custom 94

Startup Professionals Musings

NOVEMBER 28, 2020

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Tips 161

Tips Startup Social Media News 161

TechCrunch LA

AUGUST 9, 2022

Beauty may be in the eye of the beholder, but when it comes to getting ahold of an appointment for your hair or another treatment…that’s a different story: The bespoke nature of a lot of the work has meant that a large swathe of the professionals providing these services have stayed offline when it comes to interfacing with customers.

Help 195

Help Startup UCLA Tool 195

Startup Professionals Musings

JULY 27, 2018

As an occasional angel investor, I always ask for a business pitch to get me in the mood. I’m still amazed at how many technical entrepreneurs don’t have a business pitch, and offer me their product pitch or product spec instead. In reality, there isn’t much overlap between the business pitch I expect, versus a product pitch.

Product 58

Product Slides Entrepreneur Invest 58

TechCrunch LA

MAY 20, 2021

Stella Wu, who formerly worked as a growth product manager at Wish, got firsthand experience of the pain points related to the process when she bought her own house in 2017. “I Eano, she said, offers competitive and transparent pricing so that homeowners aren’t surprised as a remodeling project goes on.

Technical Review 185

Technical Review Startup Venture Capital Software Review 185

TechCrunch LA

OCTOBER 28, 2020

The investment firms and executive teams behind the Los Angeles-based delivery liquor delivery company, Saucey , along with Inception Companies, the backer of marijuana distribution company, Emjay , have formed Pacific Consolidated to merge their two companies and build what’s likely the largest “vice” company in the world.

Company 188

Company Companies Los Angeles San Diego 188

Both Sides of the Table

DECEMBER 26, 2010

Competition. And even then Microsoft has substitute products as anyone who has taken Econ 101 will tell you. So if you’re raising money – from angels or VCs – you’re going to have to address the question of whom you’re competing against. Remember: being too early is the same as being wrong.

Venture Capital 313

Venture Capital Slides Competition Education 313

Startup Professionals Musings

MAY 15, 2020

As an angel investor, I see plenty of startups focusing on building an innovative product, but I’m looking for the few who are also leading with an exponential growth strategy, to put them in the category of the next Amazon or Google. Let your highly motivated customers be your best marketing advocates for new customers.

Marketing 170

Marketing Startup Examples Customer 170

Startup Professionals Musings

OCTOBER 16, 2023

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Marty Zwilling

Startup 116

Startup Pricing Sales Statistics 116

Startup Professionals Musings

OCTOBER 6, 2023

Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture. Due diligence always involves on-site visits, informal discussions with any or all members of the team, vendors, and good customers as well as bad. Status of the solution.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

DECEMBER 6, 2014

Finally I realized that Venture Capital and Angel investors are actually humans, despite some views to the contrary. Message delivery must be customized for each investor. angel investors business Elon Musk entrepreneur startup traits' Effective communication requires real listening, as well as talking.

Entrepreneur 107

Entrepreneur Angel Social Media Patents 107

Startup Professionals Musings

JULY 2, 2022

As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. Both risks and opportunities in this area can arise from many aspects of your startup, before and after product development. My conclusion either way is that they have no market, or haven’t looked.

Entrepreneur 153

Entrepreneur Marketing Customer Custom 153

Both Sides of the Table

FEBRUARY 28, 2018

There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers. If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it.

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

FEBRUARY 12, 2023

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. Offer free solutions to bring in more customers. Finish the product before marketing begins.

Startup 124

Startup Writing Entrepreneur Ideas 124

socalTECH

JANUARY 24, 2019

A new, Los Angeles-based startup, Wheels --founded by the founders of dog walking marketplace Wag--has jumped into the crowded "last mile" transportation fray, saying it has raised $37M and launched its services in San Diego.

San Diego 113

San Diego Southern California Entertainment Competition 113

Berkonomics

AUGUST 3, 2023

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. Professional angels: This is the arena where I work and play. There is a lot to say about retaining control.

Venture Capital 295

Venture Capital Startup Class Invest 295

Startup Professionals Musings

APRIL 18, 2021

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Contact key vendors and existing customers. Validation of product. If the product is in customer hands, expect some customers to be interviewed.

Technical Review 152

Technical Review Startup Satisfaction Summary 152

Startup Professionals Musings

SEPTEMBER 4, 2020

As an entrepreneur, I understand your passion when pitching your solution to investors and customers, but passion alone won’t make one more technology pitch stand out above all the rest. Investors tell me that they invest in people, more than products. Thus it behooves you to highlight your message with a bit of storytelling.

Startup 145

Startup Competition Customer Custom 145

Startup Professionals Musings

DECEMBER 24, 2012

Every new startup I know dreams of being funded early by one of the 318,000 active Angel investors in the USA alone. Most of these investors are members of Angel groups that have a rigorous filtering and screening process, to select the top 3% and most fundable proposals. Build a prototype product.

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

MARCH 15, 2023

As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. Skip the background story and customer pitch, which every investor has heard all too often. Investors invest in people, more than ideas.

Entrepreneur 111

Entrepreneur Sample Ideas Customer 111

Startup Professionals Musings

DECEMBER 11, 2022

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. Here is my list of red flags that cause many investors to look elsewhere: No well-defined need or viable customer set.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Startup Professionals Musings

AUGUST 2, 2015

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

OCTOBER 29, 2022

Angel investors, like me, have long figured out that asking to see the prototype is a quick way to separate the ‘wannabes’ from serious players. Software products and apps can be quickly wire-framed with free tools such as MockFlow , or even Microsoft Powerpoint to lay out the key screens. Reduce the time to production and rollout.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110