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San Diego-based Ligand Pharmaceuticals announced today that it has agreed to sell its combinatorial compound library and screening technology, in a deal worth $1.8M. Ligand said the sale came because the screening technology was no longer required for the firm's research activities.
This might be a VC meeting but also might just be a sales or biz dev meeting. If you look at Diagram A above you’ll see that the presenters are sitting at the opposite end of the table from where the screen is. The problem is that the people your presenting to are forced to choose between looking at you and looking at the screen.
Los Angeles-based Fandango , the movie ticketing and information service, said today that it has had the best ever number in May for traffic and ticket sales, for the company's entire 12-year history.
Los Angeles-based movie site Fandango is expanding its rollout of mobile ticketing, saying this morning that it has added more than 1,400 additional screens across the country to its paperless mobile ticket program. Fandango said that it has added 1,300 Cinemark screens and 100 Regency Theatre screens to its network.
For our interview this morning, we caught up with Isaac Garcia , a serial entrepreneur who previously founded and sold his last company, Central Desktop, and now is working on a new startup, Sales Insider. What is Sales Insider? Isaac Garcia: Sales Insider is a talent marketplace for hiring software sales reps.
According to Ripple, On The Go Media Network is a sales organization specializing in local and regional sales for the digital out-of-home industry. According to Ripple, On The Go Media Network will serve as its exclusive local/regional sales agency for selling advertising on its network. and Robeks for its information screens.
Los Angeles-based private equity firm The Gores Group said Tuesday that it has acquired the touch screen business of TE Connectivity , in a deal worth $380M in cash. Gores said it acquired TE Connectivity's Touch Solutions business, which supplies touch screens, touch monitors and all-in-one touch computers, under the Elo TouchSystems brand.
El Segundo-based iSuppli announced Thursday that it has acquired UK-based Screen Digest , a firm which provides market research covering film, television, broadband media, mobile media, cinema, home entertainment, TV technology and video games. Screen Digest has over 45 analysts and is based in London.
Being a radar screen of a buyer helps. Don’t put all your eggs in the “corp dev basket” – often deals are champions by the business units (product or sales). We also are going to talk a lot about startups getting exits and ultimately: Companies are bought, not sold. You need to build relationships early.
The firm said it has now deployed approximately 11,300 RealD enabled screens, up from the 4,300 screens it had in December of 2009. RealD's revenues are somewhat based on the number of 3D screen showings; the firm takes a cut of 3D ticket sales at theaters. READ MORE>>.
The process for raising money from a VC is a sales process and as such much of what is taught in enterprise sales can be applied. While this post is written about raising venture capital (which I always remind entrepreneurs IS a sales process) the lessons can be applied to any sale or biz dev deal.
Many people are too cautious in sales processes and as a result when they present their solutions they end up sounding milquetoast and undifferentiated from anybody else in the market. I recently wrote about the three rules of sales. In sales we often call these USPs (I wrote about them here: Unique Selling Propositions ).
Los Angeles-based The Gores Group , the private equity investment firm, reported this morning that it has completed its acquisition of touch screen technology provider TE Connectivity. Gores said that Elo Touch Solutions had sales of $413M in fiscal 2011. The deal was worth $380M in cash. Elo Touch was based in Menlo Park, California.
Fandango said the move will give Internet users access to nearly 20,000 screens across the country. Los Angeles-based Fandango announced htis morning that it has scored an exclusive deal with Yahoo , where it will be the exclusive ticket seller for Yahoo! Financial terms of the deal were not disclosed. READ MORE>>.
According to Nimble, the new Nimble Contact App for HootSuite allows users to see and interact with contacts in their Nimble account directly from the main HootSuite screen. nimble hootsuite social media management contact sales software saas' READ MORE>>.
Irvine-based HireRight , the provider of employment background screening and drug screening services, said this week that it has named Steven Spencer as its Vice President of Transportation Solutions. Spencer has been at the firm since 1999, and was most recently Senior Director of Transportation Sales.
Patrick Kennedy: Our customers are very active using our technology and analytics as a solution to increase the content sales from all kinds of customers. What happened with smart phones, is consumers are buying more and more applications, but a screen can only fit a dozen icons. We're really headed for three screens.
One of the local firms attacking that market is Los Angeles-based FunnelSource (www.funnelsource.com), a developer of software-as-a-service tools that provide analytics to sales teams. Coming out here, I wanted to focus on what my specialty was, which is driving sales as a VP of Sales. What opportunities are hot, or cold?
The power of large screen real estate. They are more likely to be the “bottom end of the sales funnel” or in other words close to “point of purchase.” I have talked with people in the industry who tell me that mobile movie sites convert ticket sales much higher than desktop websites.
AppFolio supplements its SaaS revenue with add-on services for customers that include background (credit / criminal) screening and credit card processing, both of which generate transactional revenue. For most companies, existing customers are the most economical and lucrative source of incremental sales. Give First, Then Take.
ReachConvert helps notify businesses, in real time, of potential new customers via text message, email, or mobile; the service then automatically sends targeted emails to prospects and helps remind sales staff to follow up those leads. That new service also has pre-negotiated prices, and the vendors are pre-screened and background checked.
GenMark said Mendel joins the company from Active Network, where he had been CFO of the company, up until its sale to Vista Equity. GenMark is a developer of automated, molecular diagnostics testing equipment for detecting disease via DNA screening. He also had previously served at General Electric, in GE''s Healthcare IT division.
Those deemed critical to you and your managers should be combined into a single page on your desktop screen or in printed form and available or circulated as often as daily. These measures of progress must be fresh and meaningful.
Prior to the digital age, high-profile people deployed brute force to screen out unsolicited, inbound communications. Sam trusted his Assistant to set his calendar and screen out irrelevant encounters. It could be a significant sale to a large enterprise, the opening of a new office, a key hire or a promising partnership.
Irvine-based WebVisible , which helps small businesses place online advertising, said this morning it is in a big hiring push, and is immediately looking to hire over 75 employees across sales, IT, software engineering, and product design positions. The firm said it received more than 600 applications from that job fair.
The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. Somehow many first-time founders equate “sales” with something that is beneath them. In sales there are also three rules: Qualify, qualify, qualify.
After its January launch of its player, a tiny wireless USB Roku plug in Streaming Stick™, Roku in partnership with 3M today, unveiled a first of its kind Streaming Projector running on the Roku Streaming Stick, changing big screen forever. Bringing Back Big-Screen. US $30 Billion Sales. Canada, U.K. Canada, U.K.
Irvine-based Accurate Background , a developer of automated, workforce screening tools, said that it has hired on former Box.com executive Scott Hebert as Chief Revenue Officer. Hebert was most recently VP of Industry Vertical Sales at Box.com, and previously served at VP of Western U.S.
Director of Ad Sales and Business Development , Huntington Beach, Freebinar.com. You can also use socalTECH.com's database of high tech companies in Southern California to locate employers near you, companies which have recently received funding and are likely to hire, or screen for companies in certain industries.
This is not unlike a major biz dev deal you’re trying to sign or a big sales campaign into the VP of a major company. I like to tell entrepreneurs to treat it like a sales campaign. EXACTLY like a sales campaign. It is much easier to follow up by calling the junior staff (again, just as you would in a sales campaign).
He asked each sales / biz dev person to call customers and tell them they had to change their contracts. I just knew that our sales sucked wind and we were burning through tons of cash. We missed our sales targets that year by 66% and the next year by 45% and never really cut costs very much. We were SMOKING cash.
According to RealD, 3D screens represented approximately 45 percent of the estimated $1.2 According to RealD, an estimated $540 million in ticket sales was generated by the 3D format. RealD will benefit from those sales: the company's business model revolves around taking a cut of each, 3D ticket sale in a movie theater.
Keep on the radar screen – I know the VC’s seemed to love you when they met you. Sales owns the former, the latter get marketing emails so you’ll be top of your prospects’ minds. They get positive product reviews on TechCrunch, GigaOm or Paidcontent.org. They make progress. VC’s are the same.
According to the two, Outcast will be responsible for advertising sales and marketing of the network, and AdtekMedia will provide software and systems development, as well as focus on product and technology innovation. Tags: outcast pumptop adtekmedia advertising station network video screen merger acquisition.
According to Lehmbeck, in an interview with socalTECH, the company's software takes key specifications from products such as televisions and other consumer electronics, and applies them to ads automatically, so that instead of just advertising a big screen television an ad might contain key terms and information about those products.
Those who are more involved in traditional entertainment are seeing a major shift online which is why an additional one-day seminar was created to coincide with Silicon Beach Fest Hollywood as a partnership called, Idea to Screen. tech community and to discuss the opportunities and challenges facing us in the coming years. See you there!
The most obvious, is to drive sales. Before we came to market, there had not been the focus on having the right people at marketing events, that tracking people matters, and including those events as part of the sales funnel. We then have applications, running on tablets and screens, where you can interact.
Looong Appendix (only for those interested in reading another story about losing a sale & key lessons): A personal story of losing a sale that haunted me for years. I was working hand-in-hand with my close friend and associate Stuart Lander who was running our UK office and with one of our local sales reps.
Looong Appendix (only for those interested in reading another story about losing a sale & key lessons): A personal story of losing a sale that haunted me for years. I was working hand-in-hand with my close friend and associate Stuart Lander who was running our UK office and with one of our local sales reps.
Darren Marble: I spent the last ten years in enterprise sales, selling enterprise software and services to Fortune 500 companies. I was selling products to Live Nation, Demand Media, Kelly Blue Book, Rovi, and the Screen Actors Guild. I'm a guy that gets things done as a sales person.
In the spirit of the “land grab” mentality of the day, we emphasized usage of our screen sharing technology with no thought applied to how we would convert such users into paying customers. We then sorted these email addresses by company and initiated targeted sales campaigns wherever we identified a critical mass of users.
The firm said the sale was made in the Asia Pacific region. OSI Systems' products are used for screening out narcotics, weapons, and contraband in trucks and shipping containers.
We’ll be conducting a series of educational programes covering: fund raising, team building, product development, sales, marketing, business development and how to prioritize your time as a CEO. But at the highest level they’ve created a marketplace for “flash&# sales. And of course we had, TheMan.
Do you screen all of the documents on the marketplace, or how does that work? Jason Nazar: We screen the profiles, but we don't screen the content. We want to make sure the marketplace is for professional content, so we screen to make sure the seller is a professional or small business owner, or a startup or entrepreneur.
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