Berkonomics

MARCH 28, 2024

Even venture capitalists who sit on boards where they have significant investments often forget this point. They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth.

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Class Coach Invest Sales 282

socalTECH

JULY 14, 2021

Los Angeles-based Endgame, a developer of software that links user behavior with sales opportunities, has raised $17M in funding, according to the company. The company said the funding will go to increase headcount, invest in R&D, and other efforts.

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Sales Software Seed Funding Los Angeles 124

socalTECH

OCTOBER 15, 2020

San Diego-based AlphaTrAI , a fintech startup which is backed by venture capital investor Analytics Ventures, says it is launching its own, extrenal fund, and is expanding its leadership team. the founder of Hightree Advisors, to its advisory board. the founder of Hightree Advisors, to its advisory board.

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Artificial Inteligence Invest San Diego .Net 100

socalTECH

MAY 21, 2020

Los Angeles-based private equity investor K1 Investment Management said this morning that it has entered into an agreement to sell San Diego-based FMG Suite to another private equity ivnestor, Aurora Capital Partners. Financial terms of the deal were not announced.

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San Diego Invest Equity Los Angeles 113

socalTECH

OCTOBER 14, 2019

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., the company said last week. READ MORE>>.

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Entertainment Invest Los Angeles Content 113

socalTECH

NOVEMBER 11, 2021

Los Angeles-based BiasSync, which provides a service to help companies assess, measure and manage unconscious bias in the work environment, says it has named Robert Jordan as its Chief Revenue Officer. Jordan was previously Founder and CEO of investment banking firm Tribeca Capital Partners.

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Invest Los Angeles Platform Services 113

socalTECH

JANUARY 3, 2017

Los Angeles-based private equity firm OpenGate Capital announced today that it has sold Getronics LATAM to Southern Cross Group. Financial details of the sale were not annouced. The company claimed the exit provides 11 times invested capital for the firm. OpenGate Capital had acquired Getronics LATAM in 2010.

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Capital Equity Los Angeles Sales 113

socalTECH

DECEMBER 23, 2020

Here, we have Greg Martin, Founder and Managing Partner of Archer Venture Capital (www.archervc.com). What was the biggest news for you/your company this year? At Archer, we had two very successful exits with the sale of Swoop, our healthcare data business and the sale of Credit Karma to Intuit.

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Both Sides of the Table

OCTOBER 11, 2016

Most VCs did well academically and had enough career success that a venture firm was willing to give them an investment role or they were able to raise their own fund. Fundamentally venture capital is about human capital. The number one advice I give is “stop trying to be too smart”. The role of VC is sparring partner.

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Venture Capital Capital CTO Coach Startup 150

TechCrunch LA

SEPTEMBER 13, 2021

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.

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Technical Review Software Review Invest Acquisition 296

socalTECH

OCTOBER 22, 2020

Earlier this week, Good Growth Capital (www.goodgrowthvc.com) announced it has started looking at investments in Southern California, adding Krisztina Holly as West Coast Venture Partner for the firm. What kinds of areas does the fund make investments in? What kinds of areas does the fund make investments in?

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Southern California Capital Technical Review Startup 124

socalTECH

MARCH 8, 2016

San Diego-based software growth equity investor TVC Capital has backed Celigo , a developer of software to integrate cloud-based applications. Celigo said this morning that it has raised $8M in an expansion capital round, its first institutional funding since it was founded in 2006. A part of the funding, TVC Capital's Steven J.

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Capital San Diego Equity Software 100

socalTECH

JULY 26, 2017

Los Angeles-based Global Eagle Entertainment , a developer of in-flight entertainment products and provider of broadband Internet services, has called off a $416M majority investment deal from Chinese company HNA Group , after the U.S. refused to approve the transaction. READ MORE>>.

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Entertainment Invest Southern California San Diego 113

Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

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Startup Company Companies .Net 383

socalTECH

JULY 8, 2014

RetailNext , which develops software used by retailers to apply Big Data to the information being generated at physical stores, said Qualcomm led a strategic investment in the company, via both Qualcomm Incorporate and Qualcomm Ventures. Tyco and American Express also made strategic investments in RetailNext. READ MORE>>.

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Invest San Diego Commerce Venture Capital 153

TechCrunch LA

OCTOBER 28, 2020

There’s a new company that’s sitting on top of some of the fastest growing consumer-facing businesses in the world — liquor and marijuana delivery — and its name is Pacific Consolidated Holdings Group. Financial terms of the transaction were not disclosed.

Company 188

Company Companies Los Angeles San Diego 188

socalTECH

JANUARY 14, 2015

San Diego-based TVC Capital , the software-focused, growth equity investment firm founded by Jeb Spencer and Steve Hamerslag has raised a big, $115M software fund, the company said Wednesday. The fund said that TVC Capital III was oversubscribed, and closed in only 90 days. million in revenues. READ MORE>>.

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Software Capital Funding Equity 100

TechCrunch LA

FEBRUARY 13, 2020

Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Marcus has a long background in angel investing and company creation.

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Los Angeles Artificial Inteligence Invest Angel 126

socalTECH

JULY 10, 2013

Local Santa Monica-based venture investor Siemer Ventures has boosted its total number of investments to 55 companies, the firm announced this week, after adding nine new companies in the second quarter of the year. Siemer also said it saw exits in the sale of AppAddictive, and the sale of Ecomom''s assets to GreenCupboards.com.

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Santa Monica Company Companies Southern California 170

TechCrunch LA

JULY 2, 2020

When it comes to venture capital, Los Angeles is a city on the rise. In the past year, it’s seen one of the most profitable venture-backed exits of any tech ecosystem (with the $4 billion sale of Honey to PayPal) and investors are minting billion-dollar companies in the region at a torrid pace. Will Hsu, Mucker Capital.

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Los Angeles Venture Capital Capital Invest 277

socalTECH

SEPTEMBER 3, 2019

Our interview today is with Amos Schwartzfarb , the author of Sell More Faster: The Ultimate Sales Playbook for Start-Ups , which comes out tomorrow, Wednesday. We caught up with Amos to learn about his new book, and to gain some tips for startup entrepreneurs on how to figure out when you're actually ready to scale your sales team.

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Sales Startup Custom Development Framework 113

TechCrunch LA

APRIL 23, 2019

Astound , a company selling automated employee help desk services, has raised a new round of $15.5 million from investors led by the Los Angeles investment firm March Capital Partners. The company’s software integrates with ServiceNow, BMC, Jira, Cherwell and Workday, among others.

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Help Capital Services Study 126

TechCrunch LA

MAY 14, 2019

and raised some capital from the Los Angeles-based investment firm, Science. Now the company has relaunched as Lambs and is adding a radiation-proof silver-lined beanie to its $29-per-pair underwear already on sale in the U.S. The company also plans to launch a line of t-shirts later this year.

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Company Companies Los Angeles Design 155

TechCrunch LA

AUGUST 12, 2022

Deerman had watched other meal delivery companies, like Munchery and Sprig , close years earlier and had gotten creative with the company’s business model as a result. In January 2020, the company was in discussions with Whole Foods about launching a pilot of its meals in a few stores. Then the COVID pandemic hit.

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Invest Los Angeles Startup Funding 175

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? On the one hand, you’re over paying for every investment and valuations aren’t rational.

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Venture Capital Writing Invest Pricing 471

socalTECH

NOVEMBER 5, 2013

Irvine-based automotive information and leads site Autobytel said today that it has made an investment in SaleMove , a provider of online car buying technology. According to Autobytel, it made the investment as part of a deal to become the exclusive provider to the auto industry of SaleMove''s technology. SaleMove is based in New York.

Invest 138

Invest Guide Venture Capital Sales 138

socalTECH

JANUARY 17, 2013

San Diego-based TVC Capital , the growth equity investor which specializes in software companies, is the lead investor in a round of funding for Levels Beyond , the two announced today. in a Series A from TVC, to invest in expanding sales, marketing, and business development. Levels Beyond said it raised $4.5M

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Capital San Diego Equity Software 157

Berkonomics

OCTOBER 5, 2023

Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. How about young or pre-revenue companies?

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Venture Capital Product Marketing Resource 296

socalTECH

DECEMBER 30, 2016

Here, we have the thoughts of Jeb Spencer of TVC Capital (www.tvccapital.com), a software focused growth equity fund, and has had some great success in the market. TVC Capital has also been a big supporter and sponsor of socaltech over the years. An interesting investment for our firm, the $16.5 Risk taking yields innovation.

Capital 113

Capital Southern California Equity San Diego 113

socalTECH

JUNE 19, 2013

Being a seed investor is a tough job--being early to a company doesn''t necessarily mean you''ll see a return--and it''s usually a long road to see any reward. But, it looks like being a seed investor has paid off for at least one local investor, Baroda Ventures , the venture capital investment fund owned by GeoCities founder David Bohnett.

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Invest Social Network Commerce Venture Capital 170

TechCrunch LA

APRIL 30, 2019

The company, famous for lavish promotions but little substance , has received yet another financial lifeline in the wake of a dispute with key investor Evergrande. billion capital raise that the company believes it can close before the end of this year. That sum is apparently part of a larger $1.25 billion, it claimed.

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Invest Layoffs Los Angeles Product 143

Tech Zulu Event

NOVEMBER 8, 2013

It all comes down to this: if your company doesn’t have the potential to earn significant revenue, what’s in it for an investor? Use your sales projections to calculate your potential revenue growth. The post Is Your Startup Ready for Investment Capital? Solving a topical problem? Then timing is on your side.

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Invest Capital Startup Venture Capital 95

socalTECH

AUGUST 29, 2011

Santa Ana-based CoreLogic , a provider of real estate and mortgage databases and information, said Monday afternoon that it has hired investment banking firm Greenhill & Co., Typically, companies hire an investment bank to shop itself to buyers. to explore "alternatives to enhance shareholder value." READ MORE>>.

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Invest Sales Capital Marketing 145

Berkonomics

FEBRUARY 3, 2022

It is perfectly OK for you to want to grow your company and plan to keep control for you and your offspring, with no intention to sell. Of course, you will find yourself in opposition to your investors and some of most of your board members if you do this after taking outside investment. The advantage of creating an evergreen company.

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Equity Course Sales Invest 156

Both Sides of the Table

SEPTEMBER 12, 2013

But as sweet as that success has been (we invested pre-revenue in a small team) today my even more important news was the further expansion of our partner ranks. They did development in SF and had the ad sales team in NY. Hamet started his career in Venture Capital working for the first post-apartheid VC fund in South Africa.

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Invest Venture Capital Startup News 340

socalTECH

MARCH 10, 2020

San Diego-based Inseego , which develops 5G and Internet-of-Things technology, said this morning that it has received $25M via a private placement, in a Series E Preferrred Stock sale. The funding came from a private fund managed by Mubadala Investment Company's asset management arm, Mubadala Capital.

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San Diego Sales Capital Invest 124

InfoChachkie

SEPTEMBER 23, 2013

Pilot agreements are provisional contracts under which companies can assess the veracity of a potential, long-term relationship. The “go / no go” structure of such contracts effectively allows big companies to defer their ultimate decision of whether or not they want to work with the startup until after the Pilot is completed.

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Sales Outsource Development Metrics Resource 215