TechCrunch LA

JANUARY 26, 2022

“[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs to staff. The tech team layoffs are notable for a beauty retailer that has often described itself as a technology company.

CTO Hire 197

CTO Hire Layoffs Commerce Email 197

socalTECH

MARCH 7, 2014

Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

Layoffs 159

Layoffs Google Hollywood Content 159

TechCrunch LA

APRIL 30, 2019

Faraday was previously said to be in talks with EVAIO Blockchain over a possible $900 million in funding last November. The company has yet to enter mass production five years after its launch, mainly as a result of a series of financial issues that have ended in layoffs, unpaid wages, furloughs, property selloffs and much more.

Invest 143

Invest Layoffs Los Angeles Product 143

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Sales Los Angeles Invest 100

Berkonomics

SEPTEMBER 24, 2015

Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . Until it is reached, survival still hinges on the kindness of outside funding sources. By John Huston.

Layoffs 120

Layoffs Sales Acquisition Startup 120

socalTECH

JUNE 21, 2019

We write checks from $500K to a million dollars, and we like to fund engineers turned entrepreneurs. It's not necessarily to be the sales person, but to be able to sell me on the vision. We had to do a reduction-in-force and layoff early in our career, and I thought we were done. Minnie Ingersoll: We do early stage investing.

Southern California 133

Southern California Startup Layoffs Venture Capital 133

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Los Angeles Sales Invest 100