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Brainbase Snags $8 In Series A

socalTECH

Los ANgeles-based Brainbase , a new startup developing software to help manage licensing, partnership and sponsorship agreements, has raised $8M in a Series A funding round, the company said this morning. The software is aimed at brands who own and license their IP. The company's co-founder and CEO is Nate Cavanaugh. READ MORE>>.

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XCast Labs Adds Videomail Support For Blackberry

socalTECH

Los Angeles-based XCast Labs , a developer of voice-over-IP technology and services, announced today that the firm has rolled out its IP video mail services to BlackBerry deviecs. The service is part of the company's software-as-a-service, IP-PBX and related offerings. READ MORE>>.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? 40% of our deals are done in Los Angeles but 100% of our deals leverage the LA networks we have built for 25 years. We do deals in NYC, Paris, Seattle, Austin, San Francisco, London?—?but

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Interview with Andrew Schydlowsky, TrackStreet: Brand Protection Using AI

socalTECH

Our interview today is with Andrew Schydlowsky , the CEO and founder of Santa Barbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners. What is TrackStreet? How did you start the business?

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Interview with Daryl Bernstein, RightSignature

socalTECH

Daryl is also an angel investor, and has invested in such companies as MindBody Software and YouMail. I developed an interest and specialty in software-as-a-service as an angel investors, and as an advisor to companies you've come across in Southern California. They couldn't produce the original contract.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%. So money spent should add equity value or create IP that eventually will.

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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

Topics of discussion will be Wearables Technology, Bitcoin, SaaS, Cloud, Mobile, Gaming, Social Markets, what surprises are coming for 2014, creating value with your company, hiring problem solvers, and building a sensible businesses. The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders.

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