socalTECH

OCTOBER 8, 2010

San Diego-based NextWave Wireless said Friday that it has completed the sale of its 65 percent equity interest in PacketVideo. The firm said the sale, to NTT DOCOMO , was worth $111.6M. NextWave Wireless said it will result in net cash proceeds of $106.5M from the sale. NextWave had announced the sale in August.

Sales 140

Sales San Diego .Net Equity 140

socalTECH

NOVEMBER 5, 2012

The announcement came as the firm announced net sales of $107.4M The firm also reported a net loss of $21.0M. The firm said it hired Centerview Partners to help evaluate "strategic and financing alternatives". in revenues.

THQ 147

THQ Agoura Hills Sales Agoura 147

socalTECH

NOVEMBER 17, 2011

Santa Monica-based Activision reports this morning that sales of its latest Call of Duty title, Modern Warfare 3, have topped $775M worldwide, in what it says is its record setting five day worldwide sell through. READ MORE>>.

Sales 149

Sales Activision Santa Monica .Net 149

socalTECH

JUNE 14, 2010

Agoura Hills-based videogame maker THQ has drastically lowered its sales guidance, saying early this morning that it has updated fiscal guidance for its fiscal first quarter ending June 30th and fiscal year ending March 31, 2011, due to "lower than anticipated sales" of its title UFC Undisputed 2010, plus a strengthening US dollar.

THQ 133

THQ Agoura Hills Sales Agoura 133

Berkonomics

JULY 11, 2013

Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue.

.Net 207

.Net Sales Tool Social Network 207

socalTECH

MAY 7, 2014

The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales. The company explained that the numbers were driven by record digital sales of its franchises, which include World of Warcraft, Diablo, and Hearthstone: Heroes of Warcraft. billion in sales. billion in sales.

Activision 138

Activision Sales Santa Monica .Net 138

Both Sides of the Table

DECEMBER 27, 2011

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418

Startup Venture Capital Sales Technical Review 418

socalTECH

FEBRUARY 4, 2011

According to the firm Thursday, it saw net sales of $366M for its quarter ended January 2, up 157 percent from the fourth quarter of 2009. The firm said that for the full year, it had net sales of $1.05 The firm had net income of $54M for the fourth quarter, and $144M in net income for the full year.

Demand 181

Demand .Net Sales Product 181

socalTECH

JANUARY 23, 2013

Bankrupt Agoura Hills-based videogame publisher THQ has been chopped up into pieces, and scattered to the winds, after an auction sale of the firm's assets Wednesday. THQ had hoped to sell THQ to Clearlake Capital or another buyer, but apparently found that the separately sold assets would net more than a single buyer. READ MORE>>.

THQ 196

THQ Agoura Hills Agoura .Net 196

socalTECH

MARCH 19, 2010

The firm said it will receive net proceeds of approximately $14.12M after undewriting discounts and commissions. Irvine-based Netlist , a publicly held manufacturer of memory subsystems, is looking to raised approximately $14.38M in a public offering of 3,995,000 shares of its common shares, at approximately $3.85

Sales 140

Sales .Net Research Capital 140

socalTECH

JULY 15, 2013

In our Insights and Opinions section, we feature, today we''re feature more knowledge from angel investor and speaker Dave Berkus, who talks about the power of just one more incremental sale for your startup. Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. Continued.).

.Net 138

.Net Sales Startup Marketing 138

Both Sides of the Table

APRIL 16, 2011

After college Joanne worked for 4 years in retail apparel at Macy’s where she initially managed sales reps on the floor and then worked as a buyer of clothing. This is where she first developed sales skills. She doubled her salary by going into sales. to $12m in sales. “A lot of sales is innate.

Startup 311

Startup Sales Venture Capital Entrepreneur 311

Berkonomics

JUNE 4, 2020

Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue. An example to make this clear.

.Net 156

.Net Sales Tool Email 156

socalTECH

JULY 19, 2012

Fab.com said the new funding round was led by Atomico, and also included Pinnacle Ventures, re-Net Technology Partners, Mayfield Fund, DoCoMo, Menlo VEntures, Andreessen-Horowitz, and First Round Capital. Baroda has been an investor in Fab since its seed funding back in June of 2010.

Funding 178

Funding Seed Funding Commerce Social Network 178

socalTECH

NOVEMBER 3, 2011

Agoura Hills-based videogame maker THQ said Thursday that it expects to see the "biggest quarter in company history" due to holiday sales this season, as it reported nearly doubling its net sales in the three months ended September 30th. The company said it had net sales of $146.0 million, compared with $77.1M

THQ 133

THQ Agoura Hills Agoura .Net 133

Both Sides of the Table

APRIL 25, 2011

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. I could go on-and-on with all of the sales-blocking messages you will hear when you try to charge for a product. That is $12 million in profits over 3 years. Who are your competitors – how much do they charge?&#.

Services 332

Services Venture Capital IP Startup 332

socalTECH

JUNE 25, 2014

The sale netted the company $20M, which it will use to fund its U.S. Moviepilot , the online film review and publishing site led by Tobias Bauckhage, has sold off its German website, moviepilot.de , to French publisher Webedia. The move puts the company''s focused squarely on its Los Angeles operations.

Social Media 164

Social Media Marketing .Net Entertainment 164

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. Our goal is to produce a $10 billion+ winner and remain the market leader in this SaaS category of AI in Sales & Marketing.

Venture Capital 363

Venture Capital Capital Funding Startup 363

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

socalTECH

MARCH 18, 2010

Van Nuy-based Electro Rent , a firm which provides rental, leasing, and sales of electronic test equipment, said Thursday that it has won a bid to acquire the assets of Telogy, LLC, a bankrupt provider of electronic test equipment. Electro Rent said it would pay $26.7M

Van Nuys 140

Van Nuys .Net Sales Acquisition 140

socalTECH

DECEMBER 21, 2009

According to Ambit and Astellas, the deal also includes post-approval milestones dependent on sales thresholds, as well as tiered, double-digit royalties on net sales of products based on Ambit's AC220 products. San Diego-based Ambit Biosciences inked a deal Friday with Astellas Pharma Inc.,

San Diego 140

San Diego .Net Sales Product 140

socalTECH

APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

THQ 124

THQ Agoura Hills Layoffs Agoura 124

Both Sides of the Table

JUNE 19, 2017

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. The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn.

Startup 212

Startup Venture Capital .Net Capital 212

socalTECH

FEBRUARY 4, 2011

The firm had a net GAAP loss of $16.6M. RealD's revenues are somewhat based on the number of 3D screen showings; the firm takes a cut of 3D ticket sales at theaters. 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. READ MORE>>.

Screening 153

Screening .Net Demand Los Angeles 153

socalTECH

AUGUST 5, 2014

It looks like Hawthorne-based SpaceX is confident it will keep its headquarters in Hawthorne for quite a long time--despite setting up a commercial launch facility in Texas this week--based on details on the recent sale of the company''s leased headquarters at 1 Rocket Road in Hawthorne--to a commercial real estate investment trust.

SpaceX 170

SpaceX Hawthorne .Net Design 170

Berkonomics

JANUARY 5, 2023

If you are experiencing 20% annual growth and 20% net profit before depreciation and tax, or any combination that adds to 40% (such as 10% profit and 30% growth), you are a prime target. That’s quite a goal to achieve. But there are obvious and not–so obvious ways to make it happen, even if over time. The second rule: The 20/20 rule.

.Net 156

.Net Acquisition Sales Email 156

socalTECH

DECEMBER 11, 2012

Somaxon had 12 months net sales of approximately $11.7M According to the two companies, Pernix will acquire Somaxon in a stock-for-stock transaction worth a total of $25M in total equity. Pernix said the buy will help expand its product portfolio. as of September 30th.

San Diego 147

San Diego .Net Equity Acquisition 147

Berkonomics

SEPTEMBER 17, 2011

But the real asset became obvious at almost exactly 5 PM that day, when all eight stopped what they were doing and began using a tool they had licensed from a Florida company to find other Internet gamers to join them in playing intense first party shooter games over the ‘net.

Sales 149

Sales Web Design Web Entrepreneur 149

socalTECH

JUNE 20, 2012

The move will, however, impact THQ's finances; the firm said it expects to shift net sales from THQ's 2013 fiscal year into fiscal 2014, reducing its non-GAAP sales by approximately $20M. THQ said the move came due to a desire to "expand the fiction of the franchise."

THQ 133

THQ Agoura Hills Agoura .Net 133

socalTECH

MAY 5, 2011

Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 Demand also mentioned strong direct brand advertising sales helped its results. million on revenues of $79.5M. Revenues were up 48 percent compared to the $53.6M in revenues the firm reported in Q1 of 2010.

Demand 133

Demand Media Santa Monica .Net 133

socalTECH

MAY 6, 2009

Agoura Hills-based video game maker THQ reported its yearly results Wednesday afternoon, reporting that it saw a net loss of $431.1M on sales of $830.0M. the firm lost on sales of $1,030.5M For the quarter, the firm said it had a net loss of $96.9M on net sales of $170.3M, compared with a net loss of $34.5M

THQ 100

THQ Agoura Hills Report .Net 100

Both Sides of the Table

JUNE 17, 2017

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. COGS” represents the amount that each sale costs you.

Startup 227

Startup Venture Capital Sales Course 227

socalTECH

JUNE 30, 2011

One, is the issue of whether Amazon should have to collect sales tax for California. That nexus says that you have to collect sales tax from California residents when they sell items to them. Thomas Swalla: Certainly, a majority of our business model is directly affected by this. I think there are two things going on.

CPC 279

CPC Santa Monica Southern California Sales 279

InfoChachkie

JANUARY 18, 2012

Put it out on the Net, see what the reactions are…If you build something that starts to resonate, then you can start to… get into tech blogs and talk to the press and tell everybody what you are doing.” Number one is sales. Life is sales. Business development is sales. Winning customers is sales.

Entrepreneur 272

Entrepreneur Startup Conference Santa Barbara 272

socalTECH

SEPTEMBER 7, 2012

The user-generated game objects will be offered up to other players, and 40 percent of the net amount received from sale of those items will go back to the player. Sony said the new program is the first time that players will be able to build and sell their own items in the game.

Entertainment 140

Entertainment Content Sample San Diego 140

socalTECH

NOVEMBER 21, 2019

PayPal said that the acquisition will "transform the shopping experience" for its consumers and also increase sales and customer engagement for its merchants. PayPal said that Honey was profitable on a net income basis in 2018, and that it expects the acquisition to be acrretive to its non-GAAP earnings per share in 2021.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

JUNE 14, 2017

According to Episona, the funding came from the Pasadena Angeles, as well as other high-net worth individuals from Pasadena and San Francisco. The company said the new funds go towards commercial expansion of its product, increase sales and marketing, and for further technology development. The company is led by Dr. Alan Horsager.

Pasadena 133

Pasadena Pasadena Angels Seed Funding .Net 133