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

TechCrunch LA

Indeed these trends were already apparent in the statistic that home improvement spending was up 3 percent in 2020 even though the broader economy shrank by 3.5 Today, as both homeownership rates and time spent at home reach record highs, these essential service providers are facing rising demand from an increasingly tech-savvy homeowner.

SaaS 292
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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. Your options for funding just increased, or at least you have a new way to get some real market feedback on the demand for your solution.

Equity 164
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Livestrong.com Releases Traffic Stats

socalTECH

Santa Monica-based Demand Media has released traffic statistics for its LIVESTRONG.COM web site, its joint venture with cyclist Lance Armstrong, saying that the site now has more than 4 million monthly visits and over 650,000 registered members. Demand Media also said that more than 4,300 groups have formed on the site.

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10 Stumbling Blocks To Innovative Business Thinking

Startup Professionals Musings

Shocking statistics, like unexpected losses last quarter, can generate a knee-jerk cost cutting decision, when further analysis and creative thinking might better close the gap with new revenue sources. It is possible to be creative on demand, and to demand creativity in your startup. Think about that one. Marty Zwilling.

Metrics 157
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6 Keys To Predicting The Performance Of Your Business

Startup Professionals Musings

Every business owner and entrepreneur like you I work with wishes they could better predict product demand and sales, for managing inventory and long-term business planning. I was impressed with the analysis and recommendation offered in a recent book, “ Trust the Plan: Demand Management For Business Leaders, ” by Greg Spira.

Metrics 81
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7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. Once you accept equity investor money, or go public with stockholders, you won’t believe the things they demand, and the legal rules you have follow.

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Recruit Cal Ripken, Not Reggie Jackson, To Your Startup

InfoChachkie

Temperamental Superstars – These individuals episodically perform at a high level, yet they constantly demand a high level of managerial attention to assuage and reassure their oversized egos. I typically avoid Temperamental Superstars, as they can have a dramatically negative impact on a healthy corporate culture. Cal Ripken, Jr.

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