Thu.Dec 29, 2016

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How to make your recurring revenues oil and not glue

Berkonomics

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. There is a phenomenon I have observed time after time with mature companies receiving over 75% of their revenues from recurring sources. Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes wit

.Net 226
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Reflections on 2016: Jaspar Weir, TaskUs

socalTECH

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Jaspar Weir , co-founder of TaskUs (www.taskus.com), which powers much of the back office and customer support behind some of the best known startups here in Southern California--not to mention the rest of the world, and for many established companies, too.

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Faraday Future CEO Ding Lei Steps Down

L.A. Business Journal

Faraday Future’s Global Chief Executive Ding Lei has reportedly stepped aside from leading the electric car manufacturer, following a string of negative reports, including the stoppage of construction at its Nevada factory due to a cash shortage, and an exodus of senior executives.

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Reflections on 2016: Alon Goren, Crowd Invest Summit and 805 Startups

socalTECH

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Alon Goren , the co-founder of Crowd Invest Summit and 805 Startups. You can see all of our holiday reflections here. What's was biggest news from you or your‏ firm this year? Alon Goren: This year, my partners, Josef Holm (Krowdster), Darren Marble (CrowdfundX) and I started Crowd Invest Summit.

Invest 124
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Silicon Beach Report Dec. 29: Faraday Future CEO Ding Lei Steps Down

L.A. Business Journal

Faraday Future Chief Executive Ding Lei steps down, Hulu signs 50 Disney movies, and Snap Inc. to compare itself to Facebook on IPO roadshow.

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Despite Political Rhetoric, Staff Diversity Remains a Top Priority

Xconomy

I don’t think the election of Donald Trump as president does much to bolster those in tech working on creating a more inclusive and diverse industry, but I will continue to be a champion for it nonetheless. Specifically, I’ve ended 2016 by doubling our team at Localeur and introducing an Advisory Board , both of which strongly reflect our continued understanding that our success is going to be fueled by a diverse community of locals.