Capital Funding Layoffs Sales 
TechCrunch LA
JANUARY 26, 2022
“[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.
socalTECH
JUNE 21, 2019
Why did you decide to move to venture capital? We write checks from $500K to a million dollars, and we like to fund engineers turned entrepreneurs. It's not necessarily to be the sales person, but to be able to sell me on the vision. We had to do a reduction-in-force and layoff early in our career, and I thought we were done.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Berkonomics
SEPTEMBER 24, 2015
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. . Until it is reached, survival still hinges on the kindness of outside funding sources. By John Huston.
socalTECH
DECEMBER 9, 2019
Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, and is now seeking a sale, according to CNBC. The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.
TechCrunch LA
APRIL 30, 2019
billion capital raise that the company believes it can close before the end of this year. Both companies will own 50 percent of the JV — The9 provided $600 million in capital to secure its share. Faraday was previously said to be in talks with EVAIO Blockchain over a possible $900 million in funding last November.
socalTECH
DECEMBER 9, 2019
The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it looks to have a capital base that is "right-sized to the needs of our business and strategy".
socalTECH
FEBRUARY 17, 2017
Ryan Blair: The theme around the fund is pretty simple. I had a sales force when I was at SkyPipeline, selling telecom, networking, and broadband wireless products. It was really the same business, but with less capital. We went from $9M in sales to $624M in sales in eighteen months, and sold out at 19x EBITDA.
Expert insights. Personalized for you.
197 
Let's personalize your content