TechCrunch LA

MARCH 27, 2021

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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SaaS Glendale Statistics Los Angeles 292

TechCrunch LA

DECEMBER 8, 2020

Today, a startup that is doing this in the specific area of distressed property is announcing a round of growth funding to ramp up its team and expand its business. The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated.

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Sales Demand San Diego Funding 282

Both Sides of the Table

MAY 30, 2018

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals.

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TechCrunch LA

SEPTEMBER 21, 2021

Just Insure , a pay-per-mile insurance technology company, has raised $8 million in a funding round. . This way, Just says it’s able to offer lower rates for “safer drivers,” and it claims to save its customers around 40% from their “previous auto insurance company.” The company’s insurance policy is for 30 days.

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TechCrunch LA

MAY 3, 2022

The company Winters was working for sponsored her MBA to Harvard Business School, and it was there that she came up with the idea for Upgrade. “I Obviously, there’s a huge demand for it, and it shouldn’t be this difficult to access high-quality convenient hair solutions.”. The company, which raised $1.7

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Tool Customer Custom Marketing 179

TechCrunch LA

AUGUST 11, 2021

Linktree has been around since 2016 and has more funding than its up-and-coming competitors. So, in February 2020, with little to no funding left, the company completely pivoted to its current link-in-bio business. Now, Snipfeed enters the ring with its own $5.5 ’ ” Image Credits: Snipfeed. With its $5.5 With its $5.5

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Platform Commerce Startup Tool 286

TechCrunch LA

SEPTEMBER 13, 2021

But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a big round of funding as it continues to grow. The funding is coming from a wide mix of investors.

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Startup Platform Software Los Angeles 249

Both Sides of the Table

MAY 13, 2018

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. an investment in your company. Somehow many first-time founders equate “sales” with something that is beneath them. This is where most founders err.

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Venture Capital Funding Startup Sales 332

TechCrunch LA

AUGUST 12, 2022

providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. We gained sort of a cult following because we had healthy meals at an accessible price point.”. Positive Food Co., Then the COVID pandemic hit.

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Invest Los Angeles Startup Funding 175

Tech.Co

DECEMBER 29, 2023

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5 Organic milk formula product Bobbie.

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Startup Generative AI Newsletter Tool 210

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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Santa Monica Funding Startup Course 256

TechCrunch LA

MARCH 23, 2019

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. Blade, led by founder and chief executive officer Rob Wiesenthal, a former Warner Music Group executive, has raised about $50 million in venture capital funding to date.

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Van Nuys Help Startup Google 279

TechCrunch LA

JUNE 18, 2022

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. As Celsius accelerates the crypto sell-off, who pays the price?

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Newsletter Platform Capital Marketing 278

TechCrunch LA

APRIL 23, 2020

There’s also a relatively modest request (of only $4 billion) for funding devoted to pilot projects, startup companies, and public clean technology investment initiatives (like LACI). The funding would include $20 billion for utility upgrades. There’s $25 billion in money set aside for public transit and $12.5

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Southern California Los Angeles Rosemead Incubator 261

Startup Professionals Musings

DECEMBER 17, 2022

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. To sustain long-term growth, every company needs to build a repeatable process for innovation and finding new opportunities before their core business growth disappears.

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Startup Pricing Cloud Computing Customer 106

Tech.Co

OCTOBER 27, 2023

In this guide, you'll learn exactly what Claude is, how it works, and all about its parent company, Anthropic. Who Owns Anthropic, and Who Funds It? An Intro to the Chatbot 8 Questions with Claude [Test] Claude Pricing & Tokens Explained Claude 2 and ChatGPT: Key Differences Should You Use Claude AI? What is Anthropic AI?

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ChatGPT Artificial Inteligence Training Startup 139

Both Sides of the Table

APRIL 21, 2020

Topics we covered: B2B Companies You haven’t seen the full extent to how the correction is going to affect you. In a bear market executives are paid to: consolidate the number of contracts and renegotiate prices. Other companies have only seen a slight decline and may be expecting demand to return to normalcy later in the year.

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Venture Capital Marketing Startup Writing 263

TechCrunch LA

MARCH 20, 2019

The feature illustrates how Postmates, one of the earlier entrants to the billion-dollar food delivery wars , is trying to remain competitive by appealing to price-sensitive customers. For now, the company’s party feature will only be offered in a handful of the nearly 3,000 U.S. cities in which it currently operates. “We

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Both Sides of the Table

OCTOBER 21, 2009

This morning we heard from Jamie Montgomery, CEO of the venerable Montgomery & Co investment bank who is at the heart of what is going on in M&A for venture backed companies. I have to admit that I was greatly encouraged by Jamie’s outlook for venture backed companies, which if true will be a welcome relief for our industry.

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Venture Capital Technical Review Southern California Company 241

TechCrunch LA

MAY 19, 2020

These are companies like the recent Y Combinator graduates Homestead and Rent the Backyard and United Dwelling, which has just raised $10 million in funding from investors including Lightspeed Venture Partners and Alpha Edison. The company uses a local nonprofit organization called Chrysalis to build its units.

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Los Angeles Startup Culver City .Net 191

Both Sides of the Table

OCTOBER 1, 2009

It is also a result of pent-up demand. Consumer spending is 70% of the economy and will continue to be stretched – We can look all we want at tech innovation, VC funding cycles and hot M&A deals, but ultimately growth and therefore investment must be underpinned by revenue. Consumer spending will decrease.

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Venture Capital Startup Funding Technical Review 269

Startup Professionals Musings

MAY 29, 2023

In my view, this focus on the wrong skill set is the primary reason why over half of new businesses fail in the first five years, and only one out of a hundred startups get their requested funding from professional investors. They demand interactive relationships with you, and depend on the relationships you have with their friends.

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Startup Sales Entrepreneur Customer 154

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

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Startup Technical Review Invest Research 229

Both Sides of the Table

MAY 5, 2013

.” In the article I discussed the downside of raising capital at a too high of a price and referred people to a previous article I had written encouraging founders to raise “ At the Top end of Normal ” as opposed to stratospheric prices. First, a down round sends a signal that something is wrong with your company.

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Pricing Seed Funding Invest Venture Capital 302

Startup Professionals Musings

MARCH 20, 2020

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. To sustain long-term growth, every company needs to build a repeatable process for innovation and finding new opportunities before their core business growth disappears.

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Pricing Cloud Computing Customer Custom 123

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. You can be pissed off, but I don’t set prices. That’s stupid.

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Startup Pricing Technical Review Marketing 336

Both Sides of the Table

MAY 28, 2018

He or she wants to know how long the money you will raise will last and whether this is long enough to warrant taking a risk on funding you. VCs tend not to want to fund founders who raise too much money in a given round also because they know that sometimes having too many resources will lead to founders burning through cash too quickly.

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Venture Capital Capital Funding Demand 247

Both Sides of the Table

OCTOBER 12, 2014

These tensions seep out in some angels or seed funds publicly or semi-privately deriding later-stage VCs for their “bad” behavior. Prorata investments rights given investors the right to invest in your future fund-raising rounds and maintain their ownership % in your company as your company grows and raises more capital.

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Guide Venture Capital Startup Writing 336

socalTECH

APRIL 19, 2011

Los Angeles-based Goldstar , the half price ticketing and event promotion service, has tapped Matt Coffin , Sean Moriarty , and Neil Patrick Harris as advisors, the company said Tuesday. The company offers up half-price tickets and other promotions on events, helping venues to fill up seats and get the word out about upcoming events.

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CitySearch Ticketmaster Pricing Demand 170

socalTECH

MAY 2, 2011

In recent weeks, online ticketing has seen a surge in interest and funding. Los Angeles-based SaveFans (www.savefans.com) recently raised some funding for its take on secondary ticketing, so we thought we'd speak with founder Wes Brodsky about the company and where it's going. The company was formed in 2008.

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Ticketmaster Pricing Sales Activity 253

Both Sides of the Table

JUNE 17, 2017

To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. 70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue. Is it one product line or multiple?

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Startup Venture Capital Sales Course 227

Both Sides of the Table

DECEMBER 27, 2011

To grow faster businesses need resources in today’s financial period to fund growth that may not come for 6 months to a year. You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off.

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Startup Venture Capital Sales Technical Review 418

TechCrunch LA

SEPTEMBER 21, 2019

Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. The company is actually based out of LA, too, but has completed its initial launch in Minnesota, where there’s greater demand for short-term bus travel. WordPress parent company Automattic secures $300M.

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Services Startup Venture Capital Redpoint 207

Startup Professionals Musings

JANUARY 16, 2022

Most startups and investors I know don’t have unlimited funds, so the first question they should ask and do ask today, is “When is your company going to be profitable (self-sustaining)?” Solutions that may be viewed as “nice to have” or “satisfies a higher-level need” won’t get funded.

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Platform Snapchat Startup Course 118

socalTECH

MAY 6, 2019

To fix that problem, Los Angeles-based Coozie (coozieoudoors.com) offers up a different optiona way to rent gear at a fraction of purchase price. The company is backed by Los Angeles-based startup studio Science Inc. Rachelle Snyder: Coozie is an outdoor experience company. How'd you start the company? What do you do?

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Startup Los Angeles Pricing Demand 113

Both Sides of the Table

JULY 22, 2010

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Brad Feld hadn’t written his seminal “ term sheet series &# and The Funded hadn’t yet been created. You’ll need to hire and retain talen to grow your company.

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Venture Capital Pricing Startup Funding 405

Both Sides of the Table

APRIL 3, 2010

I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. Because it is a “series&# I plan to get into some of the deeper complexities of funds such as “cross over funds&# and “why VC’s hate to price their own deals&# at a later stage.

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Venture Capital Seed Funding Pricing Invest 265