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Datto, With New Offices In Irvine, Acquires Gluh

socalTECH

Datto , a developer of cloud-based software for the managed service provider (MSP) market--which just opened up a new office in Irvine--said that it has acquired Gluh Pty Ltd , an Australian company which develops software that allows MSPs to simplify procurement of IT products and services.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

With Startup Boost, we had dozens of investors, service providers, successful entrepreneurs, and major industry leaders (including Microsoft, Google, Softbank, REME, and TechStars) coalesce around our initiative to help early stage companies get to the next level. AIs continued growth is something I will be keeping my eye on in 2019.

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Intuit Chops 120 In Woodland Hills

socalTECH

Financial software developer Intuit is cutting 120 employees in Woodland Hills, according to a state Worker Adjustment and Retraining Notification, part of a larger cut involving locatoins in Illinois, Virginia, and Arizona. financial finance software employment jobs layoff intuit' The cuts apparently are slated for September 15th.

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. to develop some sweet inventory-planning software. Syrup Tech bags $6.3M

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Barter your services for their services.

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10 Partner Qualities to Test Before Sharing Equity

Startup Professionals Musings

If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term. Thus you should do the same or more due diligence on educational background, previous work, and references.

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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today. Create a team culture for personalized service. The real challenge is to win massive consumer preference repeatedly. You need to be part of a larger ecosystem.