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Cartwheel Collects $1M From Portillo's, Others For On-Demand Delivery

socalTECH

Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.

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TaskUs Takes $15M In Funding

socalTECH

Santa Monica-based TaskUs , the startup led by Bryce Maddock which is the secret weapon behind the rising tide of on-demand and Internet startups, has raised $15M in a funding round, the company disclosed today. The funding came from Phillipnes-based private equity investor Navegar.

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TaskUs Takes $250M From Blackstone

socalTECH

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. According to TaskUs, the funding round values the company at $500M. The investment came from private equity investor Blackstone Group. READ MORE>>.

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Reflections On 2017: Peter Cowen, Sutton Capital Partners

socalTECH

We are seeing SaaS companies more and more are competing against other SaaS companies and experiencing more churn, price resistance and customer demand for customization. He has been an angel investor in over 50 tech companies, is an LP in 5 seed funds and has served on over a dozen venture-backed boards.

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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

Most relevant to startups is the push to fund initiatives and technologies that can help prevent or protect against extreme wildfires; rising sea levels and hurricanes; new agriculture resource management; and “climate-smart” technologies.

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9 Women Can’t Make a Baby in a Month

Both Sides of the Table

It’s not clear that there was big customer demand for some of these products yet entrepreneurs were egged on by VCs to “take the money&# and try and push the market. Over funding often produces bad behavior in early-stage companies. “9 women behavior&# is not restricted to just fund raising.

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Smart Entrepreneurs Build Startups Without Investors

Startup Professionals Musings

The reality is that over 80 percent of new businesses will never attract venture capital or Angel funding, according to experts , and there are many good reasons for skipping that painful and distracting process. Outside funding is not a startup entitlement. Don’t let early funding increase risk and dilute your potential.