Tech.Co

OCTOBER 31, 2022

A huge number of tech companies have made layoffs in 2022 , whilst others have taken advantage of video conferencing software and other remote collaboration tools to offer flexible working arrangements and retain the best talent. Survey Says: Go Your Own Way. Challenges for New Businesses.

Layoffs 145

Layoffs Report Tool Software 145

socalTECH

SEPTEMBER 18, 2013

The company said the layoffs come as part of an "increased commitment to premium programming". The layoff is not the first for Machinima, which also cut around 10 percent of its staff back in December. machinima venture capital content youtube network hollywood layoff jobs employment' READ MORE>>.

Layoffs 133

Layoffs Hollywood Venture Capital Content 133

socalTECH

JUNE 17, 2013

The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. billion dollars in private and public funds, according to Reuters. READ MORE>>.

Layoffs 170

Layoffs Southern California Venture Capital Acquisition 170

socalTECH

FEBRUARY 23, 2015

along with Redpoint Ventures, MK Capital, Coffin Capital and Allen DeBevoise. investment employment jobs layoff warner capital venture machinima' Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., READ MORE>>.

Layoffs 100

Layoffs Redpoint Hollywood Report 100

socalTECH

APRIL 10, 2014

Zumbox had raised at least $28M in funding from such investors as Compushare, Shelter Capital Partners, Michael Eisner, and others. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

Zumbox 157

Zumbox Layoffs Los Angeles Invest 157

socalTECH

NOVEMBER 12, 2013

According to Emulex, it expects to save $30M in annual costs through a "cost savings program", and will purchase $200M in its shares in a share repurchase program, as part of an effort to return capital to its shareholders. emulex fibre channel storage host adapter hardware merger acquisition jobs layoff employment executive'

Layoffs 147

Layoffs Equity Acquisition Capital 147

socalTECH

FEBRUARY 27, 2015

Nasty Gal founder Sophia Amoruso recently stepped down as CEO , and the company had some major layoffs last September. nastygal fashion executive retailer venture capital' Nasty Gal has previously raised funds from Index Ventures. READ MORE>>.

Layoffs 100

Layoffs Venture Capital Los Angeles Funding 100

TechCrunch LA

JUNE 18, 2022

Last week, we talked about layoffs and the Winklevoss rock gods. This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital. crash redux.

Newsletter 278

Newsletter Platform Capital Marketing 278

socalTECH

JUNE 21, 2019

Why did you decide to move to venture capital? We had to do a reduction-in-force and layoff early in our career, and I thought we were done. I've been going through the startup journey, and just finished our Series D investment. That allowed me to take a step back, and relocate. Minnie Ingersoll: That's a good question.

Southern California 133

Southern California Startup Layoffs Venture Capital 133

socalTECH

DECEMBER 11, 2009

According to InsideHPC, Verari Systems shut down due to lack of access to capital. Verari had raised over $59M in funding from such investors as Carlyle Group, Celerity Partners, Sierra Ventures, and Voyager Capital. Tags: verari systems blade server shutdown employment jobs layoff. READ MORE>>.

Layoffs 133

Layoffs Technical Review San Diego Report 133

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 announced on Monday that it had received $225 million in bridge financing. That sum is apparently part of a larger $1.25

Invest 143

Invest Layoffs Los Angeles Product 143

socalTECH

OCTOBER 12, 2016

NastyGal--founded by Sophia Amorusa--had been facing some major headwinds over the last few years, which had resulted in Amorusa resigning as CEO and layoffs at the company. The report today, from PandoDaily, follows an earlier report from the fashion industry which said that NastyGal was seeking a buyer for the company.

Report 100

Report Layoffs Equity Los Angeles 100

Startup Professionals Musings

OCTOBER 21, 2020

Past layoffs at big companies usually means more great employees on the market now for newer companies. to capitalize on hard times. Look for operations that are hogging resources without generating significant revenue. With a concentrated point of focus, your company might be well positioned for growth this year. Snap up top talent.

Geni 172

Geni Layoffs Entrepreneur Outsource 172

socalTECH

JANUARY 30, 2009

Finally, Jeff Cohn, a venture capital consultant, tell us 10 Ways President Obama Can Help Create Jobs. Turning to venture capital, it looks like Southern California venture capitalists are mostly missing from the Forbes Midas List this year.

Southern California 100

Southern California Layoffs Mixergy News 100

socalTECH

NOVEMBER 19, 2009

Tags: aptera venture capital layoff employment jobs electric green automobile auto.

Layoffs 145

Layoffs Idealab Venture Capital Google 145

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. . By John Huston. There are only two types of companies -those which have achieved positive cash flow and those which have not.

Layoffs 120

Layoffs Sales Acquisition Startup 120

socalTECH

MARCH 19, 2009

According to Cortex, it has reduced its personnel by approximately 50 percent, because of the "continuing uncertainty in the capital markets" and the economy. Tags: employment layoff cortex pharmaceuticals psychiatric lifescience.

Layoffs 100

Layoffs Research Capital Funding 100

TechCrunch LA

OCTOBER 19, 2019

In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability. According to the filings, Susan Stone, a partner with the investment firm Sierra Wasatch Capital , is listed as a director for the company. Heyward did not respond to a request for comment.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

Southern California Edison Blog

NOVEMBER 3, 2021

Telecom operators looking to stay profitable and successful in the new normal need to invest in network infrastructure, research, and development to best capitalize on new technologies, such as 5G and the Internet of Things. Strategies for Carrier Success in the Post-COVID Environment. Offer Greater Service Flexibility.

Networking 98

Networking Layoffs Customer Custom 98

socalTECH

SEPTEMBER 26, 2008

Autobytel said it has hired RBC Capital Markets to explore "strategic alternatives" at the firm, which usually indicates that a company is looking for a buyer. The firm said it expects to save $10M annually as a result of the layoffs and elimination of other expenses. Autobytel provides marketing services for automotive dealers.

Layoffs 100

Layoffs Invest Marketing Capital 100

Both Sides of the Table

FEBRUARY 25, 2019

cash & unallocated stock options) Should we raise capital, from whom, how much and at what price? Should we cut costs, do layoffs, close divisions and focus scare resources on fewer projects? (this requires a strong knowledge of market data, employee performance, company performance relative to market and available resources?—?cash

Startup 269

Startup Venture Capital Layoffs Resource 269

socalTECH

JANUARY 16, 2009

Among other cost cutting actions, the firm said it will implement a 10 percent reduction in employee base pay, suspend its 401(k) matching program, suspend annual increases and bonuses, and make "significant reduction" in its non-essential operation and capital expenditures. Tags: cymer jobs employment economy layoff semiconductor.

Layoffs 100

Layoffs San Diego Demand Capital 100

socalTECH

MARCH 5, 2009

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.". Tags: jobs employment layoff video comerica content maniatv shutdown.

Layoffs 100

Layoffs SoCalTech Content Web 100

socalTECH

APRIL 13, 2020

We raised $160M, and our core limited partners are Goldman Sachs, Morgan Stanley, and Coller Capital. Greg Martin:I still have a venture firm, Archer Venture Capital, and continue to invest in later stage venture cpaital opportunities. Because of our capital partners, that's something we can offer. We feel very good.

Startup 113

Startup Paramount Invest Capital 113

socalTECH

DECEMBER 12, 2008

in the fourth quarter for the layoffs, including severance for Riesenbach. The firm also reiterated its interest in a sale; the firm said it is still pursuing "strategic alternatives" with RBC Capital Markets. The firm will take a charge of $4.5M

Layoffs 100

Layoffs Sales Invest Capital 100

Startup Professionals Musings

JULY 7, 2019

Assess your intellectual capital and how to increase it. More intellectual capital means that you are worth more today in the marketplace. Take advantage of any and all current opportunities, such as industry conferences and special projects, to increase your intellectual capital for current roles and gigs in the future.

Artificial Inteligence 96

Artificial Inteligence Startup Social Media Training 96

Both Sides of the Table

SEPTEMBER 15, 2010

My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) First Round Capital & True Ventures seem to spend as much time cultivated relationships with “second round capital” as they do entrepreneurs.

Invest 284

Invest Angel Venture Capital Startup 284

socalTECH

DECEMBER 9, 2019

According to a memo leaked from Wag's new CEO, Garrett Smallwood, the company is also laying of a number of employees as it loks to have a capital base that is "right-sized to the needs of our business and strategy". The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund. READ MORE>>.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

DECEMBER 9, 2019

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". The sale comes less than two years after SoftBank invested $300M in Wag , via the SoftBank Vision Fund.

Demand 100

Demand Los Angeles Sales Invest 100

socalTECH

OCTOBER 16, 2018

Jaunt's backers include Disney, Evolution Media Partners, and China Media Capital (CMC). However, in a blog posting , Jaunt said it is "letting go of a significant portion of our staff." Jaunt is based in San Francisco. READ MORE>>.

Content 113

Content Blogging Los Angeles Media 113

TechCrunch LA

APRIL 24, 2020

It was enough to get the attention of investors and at least two global OEMs as customers. Divergent can’t name the customers because of non-disclosure agreements.

Startup 251

Startup Technical Review Outsource Development Platform 251

Startup Professionals Musings

MAY 1, 2013

Past layoffs at big companies usually means more great employees on the market now for newer companies. to capitalize on the recession. Look for operations that are hogging resources without generating significant revenue. With a concentrated point of focus, your company might be well positioned for growth this year.

Startup 98

Startup Geni Entrepreneur Layoffs 98

socalTECH

FEBRUARY 17, 2017

Sending the zeros and ones into the air was the same and sending nutrients into your mitochondria, except that at Visalus, it was not capital intensive like it was at SkyPipeline. It was really the same business, but with less capital. Ryan Blair: I took $20M of personal capital to start the fund. So where is the fund now?

Venture Capital 100

Venture Capital Entrepreneur Technical Review Software Review 100

Both Sides of the Table

NOVEMBER 29, 2009

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Tags: Entrepreneur Advice Raising Venture Capital Startup Advice startup technology vc. A good friend of mine was features on the front cover of the LA Times business section with a glowing article. Strike one up for subtlety.

Venture Capital 291

Venture Capital Press News Startup 291

socalTECH

DECEMBER 19, 2016

OneRoof had previously been backed by Black Coral Capital and Hanwha Group, however, Hanwha pulled its backing of the company in October of 2014. The company said it is now "considering various measures to preserve cash" and looking to "maximize the value of its assets."

San Diego 100

San Diego Education Sales Capital 100

socalTECH

MAY 25, 2016

OneRoof Energy is backed by Black Coral Capital. The company said it is moving away from the more traditional, door-to-door and other aggressive sales tactics that are being used in the solar market. READ MORE>>.

San Diego 113

San Diego Sales Invest Services 113

Both Sides of the Table

SEPTEMBER 14, 2010

My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) First Round Capital & True Ventures seem to spend as much time cultivated relationships with “second round capital” as they do entrepreneurs.

Invest 152

Invest Angel Venture Capital Startup 152