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Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. In stead of doing my typical big long post with 10 PR tips (like I did there), I’m going to break them up into individual (I hope more digestible) chunks.
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). Paul Kedrosky made the case for “naive optimism&# being an important part of startup success. Either downside scenario requires angel deals to be funded further. Obviously I agree.
Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports , with a majority of the company''s staff getting the pink slip. The startup offered up web-based apps to help artists and labels reach their fans. topspin music media layoff jobs employment software'
Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times. You can go to the Hot List post to see what was hot then.
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. 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.
In the latest cuts among Silicon Beach's high tech community, CityGrid , which runs Citysearch, Insider Pages, and Urbanspoon--has laid off a chunk of its staff, including a significant number of Los Angeles employees. The cuts come on the heels of cuts at BeachMint, ShoeDazzle, and Cooking.com. READ MORE>>.
Los Angeles-based BeachMint , the online e-commerce and celebrity startup, has quietly let go of some staff this Friday, in what an insider called a "slight trim" of the firm's employee base. News of the layoffs first hit began circulating right before noon.
I have started to publish a version of the newsletter on TechCrunch. I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. The on-demand shuttle startup raised $400 million, TechCrunch learned.
Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. ShoeDazzle's public relations firm could not comment on the report, and the company had yet to reply to requests forwarded to them at press time. READ MORE>>.
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). Paul Kedrosky made the case for “naive optimism&# being an important part of startup success. Paul Kedrosky made the case for “naive optimism&# being an important part of startup success.
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. Divergent 3D is essentially a Tier 1 supplier for the automotive and aerospace industry.
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>>.
Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff' The move was originally reported by The Daily News.
“[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.
The celebrity-driven e-commerce firm, which is based in Los Angeles, hit a rough patch last year with a major layoff, and even as recently as this week has been in the midst of reorganizing and restructuring its operations, streamlining operations, and letting go of people that haven't been a match to the company.
Los Angeles-based MySpace has chopped 30 percent of the firm's staff, saying Tuesday that the company is laying of 30 percent of its employees, or 400 people. Van Natta said that MySpace's size had become "unsustainable," and instead, the firm needs to operate "as a nimble and entrepreneurial company with the adaptive mentality of a start-up."
What's the hardest part of being a startup entrepreneur? Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. Minnie Ingersoll: A few things, but most recently I started by own company, in 2013.
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.
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.".
Adam has been in the startup business for a long time and knows his way around on running a business. Adam sat down with us to talk about startups, the LA scene, and his company ScoreBig. TechZulu: Where did you get the idea to start ScoreBig? ScoreBig also recently teamed up with United MileagePlus.
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. . This should be a major milestone goal of all start-ups. By John Huston.
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 Angelesstartup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago.
A new survey of over 4,000 laid-off tech workers has revealed that a remarkably large proportion start their own businesses shortly after being made redundant. Out of the 4,188 respondents to Clarify Capital’s 2022 survey , 1,007 had started their own company post-layoff, PC Mag reports. Motivation Factors. Quick out the Blocks.
With ScoreBig being Adam’s fourth startup, he certainly knows his way around a business. Adam sat down with us to talk about startups, the LA scene, and his company, ScoreBig. TechZulu: Where did you get the idea to start ScoreBig? ScoreBig also recently teamed up with United MileagePlus. Tell us more about it.
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). Tell us a bit of the story on how you started HashtagOne? What's the theme of your investments?
Last week, we talked about layoffs and the Winklevoss rock gods. If things do fail harder and faster than before, the question is how quickly young startups and crypto communities can adjust to shifting fortunes. Subscribe to Chain Reaction on Apple , Spotify or your alternative podcast platform of choice to keep up with us every week.
For more on the economy, Janine Davis, a guest contributor and recruiter in Los Angeles, talks about The State of Technical Recruiting in Los Angeles in our Insights and Opinions section. Andrew Warner of Mixergy also digs into the Dot Com archives for some advice on what you can learn from the (last) Internet Bubble.
The week started on a reflective note. And hellos: Third Rock Ventures brought in a well-traveled biotech veteran, Steven Holtzman , to run its hearing-loss startup Decibel Therapeutics. Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56.
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