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Catasys Sees Surge In Telehealth Enrollment Due To Pandemic

socalTECH

Santa Monica-based Catasys , a provider of artificial intelligence and technology-enabled healthcare products used for telehealth services, says it is seeing a surge in enrollment in its programs, as a result of the ongoing COVID-19 pandemic. The company says it historically sees approximately $6,500 net revenue per enrolled member.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
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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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Are Business Plans Still Necessary?

Both Sides of the Table

That died with waterfall software development. Ditto for enterprise software companies. Usually in a tech / software startup 70-80% of your costs will be people. ’ Our Net Income will be $40 million.&#. 66% Net Operating Margins? Each quarter you should review your model. Do so at your peril.

Web 2.0 334
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Hello friends, and welcome back to Week in Review ! The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. But the war for tech talent has rarely been so brutal.

Marketing 246
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Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

This concentration is partly due to natural causes – successful startups spawn other successful startups. If the tech community believes that a certain area is the epicenter of a particular industry, motivated entrepreneurs will start their ventures in such locations, thus reinforcing the geography’s perceived advantageousness.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors, or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25