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What are the odds of your startup’s success?

Berkonomics

The Angel Capital Association recently published a study contributed to by several of my friends quoting that seventy percent of investments made by angel investors to date return less than the amount invested – upon a sale or closing of the business – the great majority of these outright losses as businesses die.

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Startups: What are your odds for success?

Berkonomics

The Angel Resource Institute (ARI) recently published a study conducted by well-respected Rob Wiltbank, quoting that seventy percent of investments made by angel investors to date return less than the amount invested – upon a sale or closing of the business – the great majority of these outright losses as businesses die.

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GM exits car-sharing business and shuts down Maven

TechCrunch LA

The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently. Maven continued to operate in Detroit, Los Angeles, Washington, D.C. Below is a screenshot of the email sent Tuesday morning to Maven customers. and Toronto.

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Movio wants to make your marketing videos with generative AI

TechCrunch LA

Co-founder and CEO Josh Xu met his co-founder and CFO Liang Wang, a veteran of ByteDance and the music social network Smule, when the two were studying at Carnegie Mellon University. Movio recently moved to Los Angeles, where Xu previously worked for six years as a Snap engineer. “We are doing what Jasper and Copy.ai

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Micromobility in limbo: Takeaways from Paris and LA

TechCrunch LA

We decided to take a look at two cities that were at the forefront of the e-scooter revolution – Los Angeles and Paris. One study from 2021 found that e-scooter users in Paris are mainly men aged 18 to 29, have a high educational level, and usually jump on a scooter for travel time savings. Los Angeles: City of Autos.

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Early-Stage Valuation

SoCal Tech Calendar

Tuesday, October 23, 2012 -- The San Diego Tech Coast Angels present Early-Stage Valuation. Program Overview: This interactive workshop educates and empowers angel investors, entrepreneurs, and others interested in access to capital on a variety of ways to value pre-revenue companies. Email linda@techcoastangels.com.

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Why an Atlanta-based Black influencer collective swapped their collab house for a studio

TechCrunch LA

From Los Angeles to Silicon Valley , a trend emerged among social media influencers and startup founders alike: move into a mansion with 10 or so collaborators, work day and night together to build fame and wealth, and hope that your new roommates do their dishes. But for now, it remains unclear whether that will come to fruition.

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