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MIT Study: Age Of Founders In Fastest Growing New Ventures Is 45

socalTECH

In a study which belies the opt-cited preference for "young" entrepreneurs in the startup and venture capital industry, a new study from the Massachusetts Institute of Technology find that the mean age of the founders of the 1,000 fastest growing new ventures in the U.S. is actually 45.0.

Study 147
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Carey Ransom, OC4 On Startups, Investments, and What To Do Now

socalTECH

Carey tells us a bit about what OC4 is doing, how it invests and works with companies, and also gives startups some advice about how to approach moving forward in light of the pandemic. Carey Ransom: The way I think about it, is it is really the culmination of almost two decades of software and technology company building and investing.

Invest 124
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Reflections on 2016: Rob Freelen, Silicon Valley Bank

socalTECH

Silicon Valley Bank is big supporter and has been a sponsor of socaltech for many, many years. I studied East Asian religions in college and was intrigued to hear that a Buddhist monk was delivering meditation and mindfulness via a mobile app. Here, we have the thoughts of Rob Freelen of Silicon Valley Bank (www.svb.com).

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By the Numbers: The Returns from Southern California IT IPO's 1995-2009

socalTECH

On March 10, socaltech.com profiled a study of the financial outcomes of 700+ southern California IT startups from 1995-2009 completed by Jon Funk of OceanRoad Partners and others. Further, in the following months, each investor makes individual sale decisions based on its own objectives, guidelines and assessment of the company's prospects.

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Interview with Robin Richards, CareerArc

socalTECH

What we saw with CareerArc, was there was already a tremendous amount of investment in the middle of the market, with all of these different services and products that went into taking care of an employee when they were hired until they were let go. You've got to have great sales enablement. Your finance has to be world class.

Content 193
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Interview with Skyler Lucci, HeyTutor

socalTECH

In terms of where we offer to our customers, we have 250 different areas, from early childhood to studying for an MCAT or the bar. We were able to boot strap the company on only $800, and scaled it to millions in revenues without investment, because of the efficiency of our marketing. The second part, is our matching technology.

Startup 113
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Interview with Jonathan LaCour, Playzon

socalTECH

Jonathan LaCour: I studied finance in law school, and did lots of structured finance and investments. I thought I would be an investment banker, and I decided I was probably going to move to San Francisco to enter private equity, venture capital, or a startup.

Startup 217