socalTECH

DECEMBER 15, 2021

Los Angeles-based LogicBoost Labs, a startup accelerator which focuses on pre-revenue and early-stage B2B SaaS startups, says it has made a $300K investment in Clarevent, which supplies video infrastructure for virtual events. The company said the investment was $200K in cash, plus another $100K in advisory services.

Services 113

Services SaaS Los Angeles Platform 113

Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. On the one hand, you’re over paying for every investment and valuations aren’t rational. That used to be called A-round investing. of the fund.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

socalTECH

MARCH 25, 2021

Los Angeles- and Palo Alto-based MaC Venture Capital has launched a new, $103M seed stage investment fund today, saying it plans to invest in technology startups across the fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and other sectors.

Venture Capital 124

Venture Capital Seed Funding Capital Funding 124

socalTECH

SEPTEMBER 24, 2013

Frank Slootman , the CEO of San Diego-based ServiceNow , has invested in a big data startup, as he continues to expand out his angel funding activity. bluedata data software venture capital cloud saas vmware servicenow frank slootman' Slootman has also backed such companies as ScaleIO and PureStorage. READ MORE>>.

SaaS 202

SaaS Startup San Diego Venture Capital 202

TechCrunch LA

SEPTEMBER 13, 2021

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Existing investors DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Company too doubled down on their investments in SpotOn, joining new backers Wellington Management and Coatue Management.

Technical Review 296

Technical Review Software Review Invest Acquisition 296

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212

TechEmpower

AUGUST 21, 2023

Keeping up with the competition: You’re a market leader in a fast-growing field. Newer, nimbler competitors keep introducing new features before your team can catch up. Outgrowing your stack: Your tech stack was just right for your startup. Due diligence prep: You’re coming up on a funding round or looking at a potential exit.

Technical Review 260

Technical Review Development Team Review Software Review TechEmpower 260

socalTECH

JULY 20, 2021

Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City.

Class 113

Class Culver City Company Companies 113

Both Sides of the Table

SEPTEMBER 28, 2014

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

SEPTEMBER 22, 2012

I think I’ve read Paul Graham’s post on “ Startup = Growth ” three or four times now. “The growth of a successful startup usually has three phases: There’s an initial period of slow or no growth while the startup tries to figure out what it’s doing. I talked about some of that here.

Startup 390

Startup Venture Capital Entrepreneur Technical Review 390

socalTECH

JULY 9, 2015

The Walt Disney Company announced the names of the companies in its second, startup accelerator program it runs out of Burbank, with the help of Techstars. According to Disney, the second class of the Disney Accelerator includes ten startups, who will participate in a three month mentorship and investment program.

Class 100

Class Startup Burbank SaaS 100

Both Sides of the Table

APRIL 26, 2016

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. So here are some more details ….

Metrics 150

Metrics Startup SaaS Course 150

Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But rest assured valuations get reset. It’s just math.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

socalTECH

OCTOBER 10, 2018

A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M raised across 27 Los Angeles startups. The group says its tracking found that the average seed round size was $2.2M for the quarter.

Report 133

Report SaaS Los Angeles Commerce 133

socalTECH

NOVEMBER 20, 2013

The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. The startup--which is led by PayPal veteran Erik M. caplinked venture capital investment dealroom virtual document collaboration saas software' That funding was worth $3M. READ MORE>>.

Software Review 235

Software Review Funding Draper SaaS 235

InfoChachkie

OCTOBER 7, 2013

If their first companies don’t work, it’s totally fine, because they built… muscle around creating a startup that would take many years and lots more money to create.” For instance, some focus on go-to-market strategies, such as SaaS or Cloud-based technologies, while others concentrate on a particular industry.

Incubator 238

Incubator Startup News Entrepreneur 238

socalTECH

SEPTEMBER 28, 2016

ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. ServiceNow did not say how much it is dedicating to investments. READ MORE>>.

Invest 100

Invest San Diego Venture Capital Platform 100

TechCrunch LA

OCTOBER 19, 2021

When you move around a city, you often end up farther away from some of your favorite restaurants and bakeries. To keep up the pace, Locale secured a $2 million seed round led by Decent Capital, the family office of Tencent co-founder Jason Zeng. Europe’s quick-commerce startups are overhyped: Lessons from China.

Help 192

Help Startup Los Angeles Customer 192

socalTECH

MARCH 16, 2017

Here's a rundown of some of the venture capital investors who have set up shop in Southern California, plus those with big new funds, which have been announced so far since January of this year. Managing Director: Ryan Blair Investment interests: Companies which leverage direct-to-consumer model. so far in investments.

Southern California 138

Southern California Artificial Inteligence Funding SoCal 138

socalTECH

AUGUST 31, 2017

Los Angeles-based fintech startup InvestCloud and seed-stage venture capital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.

Artificial Inteligence 113

Artificial Inteligence SaaS Los Angeles Venture Capital 113

socalTECH

MAY 17, 2019

For today's interview, we sat down and spoke with David Loo , the founder and CEO of Perspectium (www.perspectium.com), a startup which is developing service management applications designed to help connect different, enterprise service management software products together. That's how we started. What specific problem were you seeing?

SaaS 113

SaaS Startup Customer Custom 113

Tech Zulu Event

DECEMBER 30, 2011

TechZulu is excited to invite you to the 2012 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We have a line up of amazing speakers who will share their insights and forecast for startup trends in 2012. Mike is actively involved with early-stage start-ups as an investor, advisor and board member.

Tech Coast Angels 105

Tech Coast Angels Startup Angel Southern California 105

TechCrunch LA

OCTOBER 5, 2020

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. Source tell us it is now between $400 million and $500 million.

Technical Review 343

Technical Review Startup Marketing San Diego 343

socalTECH

OCTOBER 13, 2015

Los Angeles-based InvestCloud , a developer of cloud-based software to help investment advisors manage their customer experience and customer service, has raised $45M in a funding round, the company said Tuesday. Richard Garman of FTV Capital joins the company's board of directors with the investment. The startup is led by John Wise.

Invest 100

Invest Software Los Angeles Capital 100

socalTECH

JUNE 29, 2017

Fund size: $400M (Fund VI) Managing Partners: Mark Suster, Yves Sisteron Partners: Greg Bettinelli, Kara Nortman, Kobie Fuller, Kevin Zhang Investment interests: Seed or A-Round investments with a median check size of $2.8 Managing Director: Bill Maris (formerly of GV/Google Ventures) Investment interests: Health care investments.

Southern California 178

Southern California Venture Capital Artificial Inteligence Capital 178

InfoChachkie

OCTOBER 3, 2011

So they don’t have enough dots to connect, and they end up with very linear solutions without a broad perspective on the problem. Everything Is A Remix – Including Your Startup. If you have not yet discovered Everything Is A Remix , I strongly encourage you to invest the time to check it out. Nobody starts out original.

Startup 255

Startup High Tech SaaS .Net 255

socalTECH

DECEMBER 29, 2017

Our third fund made some intriguing investments during the year (Postie, Nordsense, LiftIgniter and Qordoba) and we're now out of our investment phase. I will also become more involved in the Santa Barbara startup ecosystem, now that I am no longer vetting deals up and down the CA coast.

Santa Barbara 113

Santa Barbara SaaS Southern California Course 113

TechEmpower

OCTOBER 9, 2023

Initial Query Refinement: Initial query is the starting point in any search process where a user provides an initial query to the system. It gives stakeholders an opportunity to assess the benefits and challenges before making additional investment on iterative improvements. cto , infotech , innovation , product , project , saas

Generative AI 346

Generative AI Artificial Inteligence Tool Knowledge Base 346

Both Sides of the Table

FEBRUARY 9, 2014

I only say that because after years as a VC I can always tell when my peer group invested in something because “it seemed like it would make money” versus when they invested out of passion. I really want to start my journeys only with people with whom I want to work closely with for the next 5-7 years or more.

Venture Capital 373

Venture Capital Startup Course Entrepreneur 373

socalTECH

MARCH 14, 2018

Jon Ferrara: The biggest lesson that I've learned about retaining and keeping customers is that you need to start by introducing a minimally viable product or service, and then dance with your prospects and customers. Jon Ferrara: I firmly believe that Service is the New Sales and that the Sales starts after a customer buys.

Customer 166

Customer Custom Conference Social Media 166

Tech Zulu Event

DECEMBER 18, 2013

TechZulu is excited to invite you to the 2014 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We will have a line up of amazing panelist who will share their insights and forecast for startup trends in 2014. The panel is comprised of Southern California’s Top VC’s, Angels, and Startup Accelerator founders.

Startup 111

Startup Entertainment Media Santa Barbara 111

TechCrunch LA

AUGUST 15, 2018

Daniel Kim and Jay Lee, the two founders of AuditBoard , a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif.

Startup 155

Startup Cerritos Los Angeles IBM 155

TechCrunch LA

JUNE 18, 2022

If things do fail harder and faster than before, the question is how quickly young startups and crypto communities can adjust to shifting fortunes. Our guest, Aaron Levie, built a successful SaaS business in Box, and now he’s on a mission to beef – respectfully – with web3 stans all over Twitter. follow the money. follow the money.

Newsletter 278

Newsletter Platform Capital Marketing 278

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. As You Start to Mature. In the Early Days. You’ll get empathy. Experience.

Startup 325

Startup Sales Technical Review Software Review 325

Both Sides of the Table

APRIL 21, 2020

if you listen you’ll pick up much more than my quick notes below). We discussed why in Q4 you will see large renegotiations of SaaS contracts and increased churn rates. We talked about what startup CEOs should do in these situations and how to think about these renegotiations. A seed company hasn’t ramped up its cost base.

Venture Capital 263

Venture Capital Marketing Startup Writing 263

Both Sides of the Table

MAY 6, 2018

As a VC with scores of startups in our portfolio we have ringside seats to many, many fund raising processes plus I had to raise money across about 5 different rounds of capital as an entrepreneur so I’ve developed some thought on the process that I hope can be helpful to some of you before you start. Below is the outline Upfront.

Funding 236

Funding Venture Capital Startup Entrepreneur 236

socalTECH

JANUARY 2, 2020

How did you start the company? Matt Danna: We started the company out of our own personal experience as end consumers and clients. Those businesses have made the investments and thought around making themselves convenient to clients, and I still didn't understand why salons required you to make a call to make an appointment.

Startup 100

Startup Platform Software SaaS 100