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Just raises $8M in its effort to beat Root at the car insurance game

TechCrunch LA

Just Insure , a pay-per-mile insurance technology company, has raised $8 million in a funding round. . Or put more simply, it charges customers only for miles driven and its rates vary based on driving behavior. Of course, Just is not the first company to offer personalized auto insurance. Image Credits: Just Insure.

Startup 203
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What Mattered in 2012: Howard Marks, StartEngine

socalTECH

In your opinion, what events, companies, or people made the biggest impact on the technology world this year? 2012 has been a remarkably interesting year in terms of developments in technology. 7 years, 100 companies. You have to listen to your consumers and customers. It was a big year for us. That's huge.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383
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Honey Acquired By PayPal For $4 Billion

socalTECH

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. How long does it take me to pay back my original customer acquisition costs?

Startup 286
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9 Innovative Startups To Watch For in 2024

Tech.Co

However, its unique-for-the-industry monthly subscription model has helped it maintain healthy profits from its loyal customer base in 2023. The startup was listed in TIME100 Most Influential Companies 2023 too, alongside industry heavyweights like Nvidia and SpaceX. Organic milk formula product Bobbie. Gumroad homepage.

Startup 199
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Make It Work – the real story

Eric Greenspan

Make It Work was an amazing company. With over 38,000 cult-like testimonials, one cannot dispute the company delivered a valuable service in a way like no other company has come close. In doing so, I will assume all of the personally guaranteed loans and lines granted to the company. We failed because we tried.

Capital 234