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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But while I prefer a certain naive optimism in founders I can’t see the logic that this extends to angel investors. Either downside scenario requires angel deals to be funded further.

Invest 284
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HuffingtonPost Abandons Los Angeles Video Streaming Effort, Says Report

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The Huffington Post is abandoning its video effort, HuffPo Live , in Los Angeles, according to a report today, and is laying off around 20 staffers from its office here. The move apparently came as HuffingtonPOst is shifting its HuffPo Live focus to international markets. READ MORE>>.

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BetterWorks Goes From Feast To Famine With Layoffs

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A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team. The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig.

Layoffs 187
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LivingSocial Shuts Torrance Facility, Cuts 400

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In a major Los Angeles area layoff, daily deals and offers service LivingSocial is closing a sales facility in Torrance, and cutting 400 employees throughout the company, as part of a restructuring. livingsocial torrance layoff jobs employment daily deals restructuring marketing' READ MORE>>.

Torrance 138
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Zynga's Loss, SGN's Gain

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The announcement Monday that Zynga is cutting 18 percent of its workforce is throwing a lot of talent onto the market, to the benefit of the company''s competitors. Although the layoff at Zynga does put a lot of talent on the market, Dewolfe said that it won''t be accelerating its rate of hiring. READ MORE>>.

Layoffs 157
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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But I prefer a certain naive optimism in founders but I can’t see that this extends to angel investors. Either scenario requires angel deals to be funded further. Not everybody agreed.

Invest 152
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Zumbox Shutting Down

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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>>.

Zumbox 157