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? 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. I've been going through the startup journey, and just finished our Series D investment.
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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. It has also put its 900-acre, $40 million property in Las Vegas up for sale. That sum is apparently part of a larger $1.25
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. . So, rarely will this strategy or outcome enable investors to reap their target in a sale. 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.
socalTECH
MAY 25, 2016
San Diego-based residential solar installer OneRoof Energy has cut its staff, and says it is in a major realignment of its business operations to tap into consumer services providers and partners, rather than invest in its own direct sales. OneRoof Energy is backed by Black Coral Capital. READ MORE>>.
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".
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