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Machinima Lays Off Most Employees, Ceases Operations, Say Reports

socalTECH

The shutdown comes after a reorganization of the digital properties of AT&T, as well as its Otter Media subsidiary. Machinima had been acquired by Warner Bros. in 2016, in a deal then reported as worth less than $100M. READ MORE>>.

Report 127
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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Even a million users on your social media site won’t pay the bills until you sell some advertising or a premium service. That keeps people from pushing themselves to develop the kind of new solutions that will permanently change the business for the better, versus short-term band-aids. Connect operations today with long-term goals.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

I work hard to create working relationships with my fellow non-management board members in the same way that every investor ultimately works to develop strong working relationships with founders. this requires a strong knowledge of market data, employee performance, company performance relative to market and available resources?—?cash

Startup 269
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6 Keys To Growing Your Career Through The Gig Economy

Startup Professionals Musings

Every employee or entrepreneur needs to build a competitive reputation on the Internet, through a website, blog, LinkedIn profile, and social media. Market your business expertise. In today’s gig economy, your professional reputation, references, and your ability to market yourself are the keys to success.

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Should Startups Announce Their Funding?

Both Sides of the Table

One of the advantages of blogging, using social media, public speaking, etc as a VC is that you get a more nuanced view of these shifts by watching your own successes and failures. If you believe you have a market-leading position in your product space I would worry a bit less about it. That used to be the standard.

Startup 355
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THQ Details Buyers, Numbers After Fire Sale

socalTECH

THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development. Relic Studios goes to Sega Corporation for $26.6M; Volition and Metro: Last Light went to Koch Media GmbH for $22.3M

THQ 153
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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career. In the latter cases many companies (Flickr, Delicious, Blogger, Writely in 05-08 and lately Invite Media, Aardvark, Dodgeball, etc.) Obviously I agree.

Invest 284