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Local Market Launch Scores $1.5M

socalTECH

in a Series A funding round. According to Local Markte Launch, it is developing a "local presence solution" which helps businesses get found easier by search engines, by optimizing business listings on the local level. in funding, including an earlier seed funding. The company said it has now raised $2.7M

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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8 Strategies To Drive Your Startup To Profitability

Startup Professionals Musings

It’s easy to get so pre-occupied with handling the business rollout that you forget to maintain and increase your social media interactions, search engine optimization efforts, and highlighting positive customer reviews on your website. Continually add new marketing and distribution partners.

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5 Entrepreneur Exasperations To Moderate Your Passion

Startup Professionals Musings

Even when orders are clearly on the upswing, you need more funding to cover inventory and lagging accounts receivable. You have tried all the popular initiatives and quick-fix remedies, including social media, search engine optimization, and content marketing. Persistent profit and cash flow shortages appear.

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Idealab Launches Feedback.com

socalTECH

As part of that service launch, the firm will donate 10 cents to the Greater New Orleans Foundation's new Oil Spill Fund every time a user provides feedback on any business, person, event, product or topic on the site until July 23rd, up to a maximum donation of $50,000. The new firm is headed by Michael Harris. READ MORE>>.

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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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LA Startups Gather At Twiistup

socalTECH

Among the most popular speakers in the morning lineup, according to a random poll of attendees in the hallways, was Rand Fishkin, of Seattle search engine optimization firm SEOMoz. Startups pitching their firms this afternoon are Addroid, Badgeville, Chromatik, Foodme, Nevolution, Sonic Angel, Wanelo, Sharethrough and Wildcard.

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