socalTECH
JANUARY 5, 2023
A report from Business Insider says that Los Angeles-based electric vehicle subscription company Autonomyis running out of money and in "dire straits". According to the report, the company--which offers up Tesla vehicles on a subscription basis--is in the midst of attempting to find emergency funding.
socalTECH
JANUARY 19, 2017
Los Angeles-based electric car maker Faraday Future rolled outs its first production vehicle, the FF91, at CES earlier this month, but had not announced pricing. However, a new report says that LeEco CEO Jia Yueting has said that the new FF91 will cost "less than $300,000"--a staggeringly high price tag for an electric vehicle.
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socalTECH
NOVEMBER 16, 2021
In an inauspicious start as a public company, Los Angeles-based electric vehicle developer Faraday Future says it is delaying its filing of its quarterly reports for the quarter ended September 30th, 2021, due to allegations of "inaccurate disclosures".
socalTECH
MAY 14, 2014
Los Angeles-based Rubicon Project said late Tuesday that it had record, first quarter results, with its first quarter revenues reaching $23M, up 39 percent year over year, and managed revenues of approximately $130M, up 34 percent year over year. The report is the very first report as a public company by Rubicon. READ MORE>>.
socalTECH
JANUARY 12, 2017
Los Angeles-based apartment rental marketplace RadPad , which was founded by Jonathan Eppers, has been acquired by LandlordStation , according to a report. RadPad had offered up a place to search for apartment rentals, which were shown on a map and also let users search by feature, price, and other details.
socalTECH
AUGUST 11, 2017
Los Angeles-based Snap Inc. Earlier reports had placed the acquisition of Zenly at between $250M to $350M. paid $213.3M in cash for Zenly , the developer of a location-based social media app, in May, the company disclosed in its quarterly results on Thursday. Snap said it paid $196.1M in purchase consideration, including $186.8M
TechCrunch LA
MARCH 16, 2021
Rowe Price Associates, Inc. At that time, TechCrunch reported that Squarespace was a profitable company, with revenues increasing 50% in the prior year, to about $300 million. Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. and Spruce House.
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