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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. IRRs work really well in a 12-year bull market but VCs have to make money in good markets and bad.

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Indeed Targets Tech Talent In Los Angeles

socalTECH

Online job search site Indeed is taking aim at Southern California's high tech market, with the launch of its Indeed Prime in the market. According to Indeed, the service--specifically targeted at technology talent--will give employers access to a "curated pool" of people, based on coding skills, educaiton, and work experience.

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Technical Advisors: Every Web/Mobile Startup Must Have One

SoCal CTO

But what was interesting to me was that I found myself recommending that each of them should have a technical adviser. Review the code being built. This is exactly the kind of thing I'm doing as a Part-Time CTO or Technical Advisor for startups. Strategic Technical Advisor. Why do this without the right technical advisor?

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Southern California Technology Jobs Surge

socalTECH

Anyone looking for signs that the economy is turning around, might want to look at what appears to be happening in Southern California's technology jobs market. Tags: angeles employment jobs technology california southern. However, she confirms that potential employees are harder to find. Why the disconnect?

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

SpotOn is paying $415 million in cash and stock for the Los Angeles-based company. Since its 2017 inception, SpotOn has been focused on providing software and payments technology to SMBs with an emphasis on restaurants and retail businesses. 4 key areas SaaS startups must address to scale infrastructure for the enterprise.

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How YP Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP -- staffed with a surprising number of Los Angeles startup vets. Our whole product and technology team is about 500 people. Talk about the technology behind your operations here? Louis and Atlanta.