TechCrunch LA

OCTOBER 19, 2019

Heyward was an early star of the budding Los Angeles startup community with the launch of the anonymous messaging service, Whisper nearly 8 years ago. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

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Social Network Los Angeles Social Media Blogging 153

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. Autobytel provides marketing services for automotive dealers. The firm said it expects to save $10M annually as a result of the layoffs and elimination of other expenses.

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Layoffs Invest Marketing Capital 100

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. The company also is now seeking a buyer. Smallwood was named CEO of Wag at the end of November.

Demand 100

Demand Sales Los Angeles Invest 100

socalTECH

DECEMBER 9, 2019

Los Angeles-based on-demand, dog walking service Wag has bought back its stake from Softbank, according to CNBC. 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".

Demand 100

Demand Los Angeles Sales Invest 100

socalTECH

OCTOBER 16, 2018

Virtual reality studio and content producer Jaunt --which has a virtual reality content development effort in Los Angeles--said on Monday that it is "winding down" a number of its virtual reality products and content services, and switching its focus to augmented reality. Jaunt is based in San Francisco. READ MORE>>.

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Content Blogging Los Angeles Media 113

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>>.

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San Diego Sales Invest Services 113

TechCrunch LA

APRIL 24, 2020

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. These are chances to broaden your product line, change distribution, offer new services. Sometimes your best source of new revenue is right under your nose, like services revenue in support of your products.

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Startup Geni Entrepreneur Layoffs 98

Startup Professionals Musings

APRIL 4, 2012

Past layoffs at big companies mean that there's a surplus of great employees on the market now. These are chances to broaden your product line, change distribution, offer new services. Sometimes your best source of new revenue is right under your nose, like services revenue in support of your products. Snap up top talent.

Entrepreneur 93

Entrepreneur Geni Layoffs Outsource 93

socalTECH

NOVEMBER 3, 2008

A spokeperson for the firm told socalTECH that the change was due to an "unprecedented change in the economic environment."

SoCalTech 113

SoCalTech Advertising Venture Capital Resource 113

InfoChachkie

APRIL 9, 2012

In your own startup, you might experience lean times, but you never will be crushed in a stampede, like a middle-manager in a corporate layoff. Approximately 33% fail, another third return an approximation of the capital invested and the remaining 33% generate anywhere from 2x to “Google-x return.” Listen… Do You Want To Know A Secret?

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Startup Ideas Entrepreneur Statistics 243

Tech Zulu Event

JULY 6, 2013

One of our biggest challenges, in a marketing perspective is, is telling people we sell tickets below retail price, no service fees, free delivery, and it’s all guaranteed without a catch. Like I have said earlier, many people don’t know about the services we offer. We have great access to capital. This is my fourth startup.

Startup 79

Startup Pricing Entertainment Sales 79

socalTECH

SEPTEMBER 18, 2008

In a related move, the company said that it has engaged the services of Lazard to help the firm develop and implements its business divsestiture strategy. The debt comes from Avenue Capital Management II, L.P. NextWave said that Murphy will be responsible for managing and implementing the company's cost reducation strategies.

San Diego 100

San Diego Invest Sales Funding 100

Tech Zulu Event

JULY 6, 2013

Like I have said earlier, many people don’t know about the services we offer – affordable seats, no service fees, free delivery, and guarantees that no other service out there does right now. We have great access to capital. I had to close the doors of businesses and layoff people.

Startup 61

Startup Pricing Entertainment Education 61

Both Sides of the Table

APRIL 6, 2020

If your US-based business is adversely affected by Covid-19 such that you would need to lay off employees imminently and having access to capital would enable you to keep more employees on the payroll then you might be eligible. The NVCA (National Venture Capital Association) Guidelines are below. Am I eligible for the PPP Loan?

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Venture Capital Startup Technical Review Doc 279