Startup Professionals Musings

APRIL 22, 2023

If you don't have a team on staff, then a banker is going to want to hear about outsourcing and advisors. When we say 'team,' that's what we want to hear about: a group of people who are working with the person who had the original idea to give this company its market advantage, including salespeople and finance people.

Equity 121

Equity Technical Advisors Funding Ideas 121

socalTECH

MARCH 22, 2016

TaskUs uses a workforce in the Philippines to help support outsourcing of back office tasks for many, venture-backed, high growth companies--including Tinder, Whipser, Gilt Groupe, and many others. Santa Monica-based TaskUs said today that it has raised $14M more, via a senior debt facility, to help it continue to grow the company.

Outsource 100

Outsource Santa Monica Funding Help 100

socalTECH

MAY 13, 2021

Los Angeles-based Cartwheel, a startup that develops on-demand delivery management software, says it has raised $1M in a seed funding round, which came from TenOneTen Ventures, Act One Ventures, as well as famed hot dog restaurant chain Portillo's Hot Dogs, along with other angels.

Demand 113

Demand Outsource Development Seed Funding Outsource 113

socalTECH

AUGUST 9, 2018

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. According to TaskUs, the funding round values the company at $500M. The investment came from private equity investor Blackstone Group. READ MORE>>.

Outsource 100

Outsource Santa Monica Social Media Commerce 100

socalTECH

MAY 15, 2017

San Diego-based Scientist.com , a startup which operates a marketplace for outsourced research, has raised $24M in a funding round, the company announced Monday morning. The company's marketplace helps to connect large pharmaceuticals firms with smaller companies willing to offer up outsourcing of pharmaceutical research efforts.

Outsource 100

Outsource San Diego Research Hollywood 100

socalTECH

NOVEMBER 24, 2020

Los Angeles-based Credit Key , a startup which helps e-commerce merchants offer up instant point-of-sale financing to customers, has raised $33.85M in its Series A funding. The funding came from Greycroft, Bonfire Ventures, Loeb.nyc, and other investors. READ MORE>>.

Commerce 113

Commerce Outsource Los Angeles Sales 113

socalTECH

JULY 1, 2009

Los Angeles-based CoreObjects , a provider of outsourced product development services to the venture-backed technology community, has raised $2.0M in a equity funding round, according to a regulatory filing by the firm today. Details on the funding have not yet been released by the company. READ MORE>>.

Outsource Development 100

Outsource Development Palomar Outsource Funding 100

socalTECH

AUGUST 23, 2018

Santa Monica-based business process outsourcing provider TaskUs says it is expanding its operations again, this time, in Albuquerque, New Mexico. TaskUs just raised a giant, $250M funding round from private equity investor Blackstone Group. TaskUs says it will invest $9M in a new downtown location in Albuquerque. READ MORE>>.

Southern California 100

Southern California Outsource Santa Monica Equity 100

socalTECH

APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. banctec handson3 buyout private equity merger acquisition business process outsourcing dataforce group' Financial terms of the buy were not disclosed. READ MORE>>.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

socalTECH

OCTOBER 4, 2010

Irvine-based CanopyHR Solutions , a provider of outsourced payroll and human resources services, announced today that it has received a investment from Claritas Capital Fund III, L.P. Amount of the funding was not disclosed. Tags: canopyhr human resources payroll outsourcing venture capital.

Invest 124

Invest Outsource Resource Venture Capital 124

Startup Professionals Musings

JANUARY 14, 2023

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Attract and relish investor funding. They also don’t try to do everything in-house, since growing all the expertise you need is slow and expensive.

Tips 135

Tips Invest Startup Outsource 135

Startup Professionals Musings

MARCH 10, 2023

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.

Outsource Development 115

Outsource Development Startup Ideas Competition 115

socalTECH

AUGUST 7, 2017

San Diego-based Scientist.com , the venture-backed, online marketplace for outsourced research, and biotech accelerator IndieBio announced this morning that the two are in a new partnership. READ MORE>>.

Outsource 100

Outsource San Diego Hollywood Research 100

Startup Professionals Musings

JULY 8, 2023

So why do I see some many funding requests for products along these lines? Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. As an alternative, if you are an entrepreneur looking for the next big thing, where should you look?

Ideas 118

Ideas Outsource Development Outsource Course 118

TechCrunch LA

APRIL 10, 2019

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.

Training 147

Training Outsource Development Outsource Capital 147

Startup Professionals Musings

SEPTEMBER 23, 2013

The new hot topic for entrepreneurs the last couple of years is crowd funding, which is anticipated to at least supplement, if not replace, the slow and mysterious process of current Angel and venture capital investors. Good-cause crowd funding. Pre-order crowd funding. Rewards-based crowd funding. Ideas crowd sourcing.

Funding 99

Funding Satisfaction Sites Equity 99

Tech Zulu Event

NOVEMBER 22, 2013

After you’ve received your first round of funding, that’s when your startup finance strategy needs to deepen. Here’s how to build out your finance function, post-funding: Hire a professional. Pre-funding, you may have been managing your finances yourself. Pre-funding, you may have been managing your finances yourself.

Funding 86

Funding Startup Report Outsource 86

Startup Professionals Musings

NOVEMBER 4, 2022

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

socalTECH

OCTOBER 15, 2015

Los Angeles-baesd Onestop Internet , which provides outsourced fulfillment and technology for brands and their e-commerce efforts, said Wednesday that it has named Denise Wallen-Grant as its new Vice President of Planning, Merchandising, and Allocation. Onestop Internet is backed by Bessemer Ventures and Fund Capital USA.

Commerce 100

Commerce Outsource Los Angeles Design 100

Startup Professionals Musings

AUGUST 25, 2012

The new hot topic for entrepreneurs these days is crowd funding, which is anticipated to at least supplement, if not replace, the slow and mysterious process of current Angel and venture capital investors. This new model will allow large numbers of “regular” people to invest small amounts each online to fund early startups.

Funding 96

Funding Satisfaction Sites Outsource Development 96

Startup Professionals Musings

DECEMBER 13, 2019

When you are starting a new business, every resource is precious, including time, funding, and people. Outsourcing services that could be done in-house. There is always a need for highly skilled or capital-intensive services, such as legal and manufacturing, that should be outsourced.

Outsource Development 122

Outsource Development Outsource Metrics Technical Review 122

Startup Professionals Musings

FEBRUARY 14, 2016

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Attract and relish investor funding. They also don’t try to do everything in-house, since growing all the expertise you need is slow and expensive.

Funding 67

Funding Startup Outsource Ideas 67

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Start networking for funding before the crisis. Build your plan around resources you know.

Startup 161

Startup Resource Customer Custom 161

Startup Professionals Musings

OCTOBER 17, 2020

So why do I see some many funding requests for products along these lines? Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. As an alternative, if you are an entrepreneur looking for the next big thing, where should you look?

Customer 167

Customer Custom Startup Outsource Development 167

Startup Professionals Musings

APRIL 19, 2020

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Attract and relish investor funding. They also don’t try to do everything in-house, since growing all the expertise you need is slow and expensive.

Startup 154

Startup Outsource Ideas Research 154

Both Sides of the Table

NOVEMBER 9, 2012

There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” Bimodal returns are a fallacy, many great VC funds are built on the power law curve. Outsourcing can be cheap. ” That’s b t.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

socalTECH

AUGUST 7, 2014

With globalization, and the rise of technology, we believed that you were going to see more and more individuals looking to outsource tasks. You''ve built quite a big business--how did you fund all of that? Bryce Maddock: We have had no outside funding until now. READ MORE>>.

Startup 231

Startup Technology Outsource Santa Monica 231

Startup Professionals Musings

JUNE 7, 2020

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

Startup Professionals Musings

MAY 8, 2017

Don’t be afraid to use some mercenaries to back you up (outsourcing, consultants). One person can look like an army charging the hill, if they use all the networking facilities of the Internet, all the tools available to build business plans, financial models, and product prototype. All the shortcuts up the hill are rigged with minefields.

Funding 60

Funding Slides Outsource Summary 60

Startup Professionals Musings

OCTOBER 29, 2022

Here are six results that you can achieve by building a prototype, which are really the reasons that investors and partners will give you a whole new level of credibility as they evaluate your startup for potential funding: Something you can touch and feel helps validate opportunity.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

socalTECH

NOVEMBER 2, 2010

Irvine-based PathCentral , a provider of pathology services and software to community pathologists, said Tuesday that it has raised $10M in a Series B funding round. The firm said the funding will go towards its web-based laboratory information systems, a field sales force, and for its cancer diagnostics laboratory.

Outsource 124

Outsource Venture Capital Web Services 124

Startup Professionals Musings

JANUARY 20, 2020

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

socalTECH

SEPTEMBER 8, 2010

CoreObjects has received venture funding from Palomar Ventures. Tags: coreobjects merger acquisition software outsourcing symphony. READ MORE>>.

Outsource Development 140

Outsource Development Palomar Outsource Los Angeles 140

Startup Professionals Musings

APRIL 29, 2023

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

FEBRUARY 9, 2020

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 123

Technical Advisors Outsource Development Startup Outsource 123

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Be specific on sales channels and marketing initiatives. Production.

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

JULY 13, 2022

Trade shows and conferences can produce hundreds of new qualified leads for your business, as well as build relationships with industry leaders, outsourcing vendors, and potential partners. Secure outside expansion funding through investors. These also will keep you better informed on new technologies, trends, and likely competitors.

Technical Review 142

Technical Review Social Media Conference Custom 142