socalTECH

OCTOBER 30, 2018

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report. READ MORE>>.

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Design Report Layoffs Los Angeles 113

socalTECH

OCTOBER 8, 2018

Los Angeles-based electric car maker Faraday Future is facing new financial woes this morning, after the Chinese company which bailed out the company at the end of 2017 filed notice that it would seek to terminate a deal to invest a total of $2 billion into Faraday Future, reached last year.

Layoffs 113

Layoffs Los Angeles Invest Report 113

socalTECH

APRIL 10, 2014

Los Angeles-based Zumbox , a startup which had been looking to store and deliver information which normally would be delivered via mail in a digital form, is shutting down its services, as of next Monday, April 14th. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

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Zumbox Layoffs Los Angeles Invest 157

socalTECH

FEBRUARY 23, 2015

Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., investment employment jobs layoff warner capital venture machinima' along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. READ MORE>>.

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Layoffs Redpoint Hollywood Report 100

socalTECH

JUNE 21, 2019

I've been going through the startup journey, and just finished our Series D investment. What does TenOneTen Ventures invest in? Minnie Ingersoll: We do early stage investing. We had to do a reduction-in-force and layoff early in our career, and I thought we were done. That allowed me to take a step back, and relocate.

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Southern California Startup Layoffs Venture Capital 133

TechCrunch LA

JUNE 18, 2022

Last week, we talked about layoffs and the Winklevoss rock gods. million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group and Coinbase Ventures. Welcome back to Chain Reaction. This week, we’re looking at a new layer of crypto doom and gloom. crash redux.

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Newsletter Platform Capital Marketing 278

TechCrunch LA

APRIL 24, 2020

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike.

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Startup Technical Review Outsource Development Platform 251

TechCrunch LA

OCTOBER 19, 2019

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. Heyward was an early star of the budding Los Angeles startup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago.

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Social Network Los Angeles Social Media Blogging 153

socalTECH

MAY 7, 2009

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing. READ MORE>>.

Layoffs 113

Layoffs Hollywood Entertainment Incubator 113

socalTECH

MARCH 5, 2009

Los Angeles-based ManiaTV has shut its doors, after failing to find a buyer, according to the firm. We've transition from that early-stage startup, where a company uses investment capital--to being one very business minded, and thoughtful about how we spend our money--where we bring in more on a monthly basis than we spend.".

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Layoffs SoCalTech Content Web 100

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.

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Demand Sales Los Angeles Invest 100

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.

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Demand Los Angeles Sales Invest 100

socalTECH

FEBRUARY 17, 2017

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). What's the theme of your investments? That's why we have investments in Heal, Saucey, and FragMob.

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Venture Capital Entrepreneur Technical Review Software Review 100

socalTECH

NOVEMBER 3, 2008

Los Angeles-based Spot Runner has laid off 115 employees, as part of a new strategic plan, a spokeperson for the firm confirmed Monday. According to Spot Runner, the 115 represents about 30 percent of the company. A spokeperson for the firm told socalTECH that the change was due to an "unprecedented change in the economic environment."

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SoCalTech Advertising Venture Capital Resource 113

Tech Zulu Event

JULY 6, 2013

I’m hoping the city of Los Angeles lets us stay here. I had to close the doors of businesses and layoff people. There is no solid financially investment footing here to constantly support startups here. We have executed our plans so well, that I’m just excited for everything. I think LA needs to embrace startups more.

Startup 79

Startup Pricing Entertainment Sales 79

Tech Zulu Event

JULY 6, 2013

I’m hoping the city of Los Angeles lets us stay here. I had to close the doors of businesses and layoff people. There is no solid financial investment footing to constantly support startups here. We have executed our plans so well, that I’m just excited for everything. I think LA needs to embrace startups more.

Startup 61

Startup Pricing Entertainment Education 61