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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

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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5 Equity Crowdfunding Reflections Before You Sign Up

Startup Professionals Musings

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. This can hurt the company, and jeopardize all investors. But don’t be misled – these are just the cream of the crop.

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6 Initiatives To Prep Your Startup For The Road Ahead

Startup Professionals Musings

Chris Musselwhite and Tammie Plouffe, in a classic HBR article on change readiness for large companies, define it as “the ability to continuously initiate and respond to change in ways that create advantage, minimize risk, and sustain performance.” If your people and your startup do not change, statistics say you won’t survive.

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6 New Venture Ending Alternatives You May Contemplate

Startup Professionals Musings

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Most entrepreneurs like the startup role, but not the big-company role. IPO – public company initial public stock offering. IPO – public company initial public stock offering.

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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

Yet according to other statistics, vanishing few of these ever generate a significant profit. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products. The price of entry can be less than $10,000, so the competition is huge and growing rapidly.

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5 Crowdfunding Concerns Worry Professional Investors

Startup Professionals Musings

According to more recent statistics , fewer than a third of all crowdfunding operations end up being successful, and the rest have to return anything they do collect. This can hurt the company, and jeopardize all investors. But don’t be misled – these are just the cream of the crop. The impact of “dumb money” versus “smart money.”

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6 Strategies For Startup Exit That Investors Accept

Startup Professionals Musings

Equity is stock, but private company stock has no market value until the company goes public or is sold or merged with another company. Most entrepreneurs like the startup role, but not the big-company role. IPO – public company initial public stock offering. IPO – public company initial public stock offering.

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