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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. Canoo plans to use blockchain technology to secure its subscription services and ensure an asset light approach to development by outsourcing its manufacturing in the U.S.

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Kofax: Now Processing More Than 1.1M Mortgages A Year

socalTECH

Irvine-based document capture and automation systems developer Kofax announced this morning that it hs products are now being used to process more than 1.1 million mortgages--or approximately 375 million pages--in the U.S. READ MORE>>. kofax mortgage document processing mobile capture'

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Insurance is always too expensive – until it’s needed.

Berkonomics

Business package policies are inexpensive and comprehensive tools that should be contracted by all companies with any assets to measure and protect. In the following year’s renewal policy, I noticed a new page in the exclusions section, excluding for the first-time data losses from failed backups, no matter what the cause or where the fault.

Sites 266
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A Chat with Chris Tragos of Jetpack

socalTECH

Chris Tragos: Jetpack is an ad platform, which I would describe as the most beautiful, best engaging, and most performant ad product for desktop, mobile, and tablet. Our business is helping those guys make more money, through our better ad product. We are primarily focused on publishers. They wanted something custom, to close the deal.

Buzznet 100
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For the rest of us, we need a business plan, as well as a product plan. Some of you may be convinced that your product specification communicates the product message even better than a business plan, so why be redundant? Professional investors and even customers invest in people, rather than just a product.

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FatTail Launches Search Traffic Service

socalTECH

Woodland Hills-based FatTail , a developer of software tools for publishers to manage their advertising sales efforts, said over the weekend that the firm has launched a new product, PageGage RAFT, which will allow publishers automatically buy search traffic. Pricing on the new tool was not released.

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Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

Here is some data from Wikipedia: Microsoft – Bill Gates founded Microsoft in 1975, to develop and sell BASIC interpreters for the Altair 8800. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. This company was founded by Jerry Yang and David Filo in January 1994.

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