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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. And in most cases they are not ready to hire developers either. Using my StartupRoar as a radar, I came across a great post by Gabriel Weinberg Do you really need a full-time hire for that?

CTO Hire 205
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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

The latest investment is being used to finance the acquisition of another company in the space — Appetize, a digital and mobile commerce payments platform for enterprises such as sports and entertainment venues, theme parks and zoos. The acquisition of Appetize extends SpotOn’s reach to the enterprise space in a major way.

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Bridgepoint Education Buys Fullstack Academy For $50.75M

socalTECH

Fullstack Academy operates a web development coding bootcamp, which focuses on cybersecurity training. Bridgepoint said the acquisition will help it with entry into higher education services, as well as expanding its "skills-to-employment" offerings. in cash and up to 4.75 million shares of its common stock. READ MORE>>.

Education 113
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Fairway Technologies Buys IT Strategists

socalTECH

Financial terms of the acquisition were not announced. IT Strategists was founded by Frank Bell, and had focused on data warehousing, big data development, machine learning, artificial intelligence, and web development. READ MORE>>.

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Lifeyo Aquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. Financial details of the buy were not announced.

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Lifeyo Acquired By SpotOn

socalTECH

Los Angeles-based Lifeyo , a developer of website development software aimed at small and medium-sized merchants, has been acquired by San Francisco-based SpotOn , SpotOn announced this morning. Financial details of the buy were not announced.

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The Mobile Majority Acquires Brazilian Company

socalTECH

Santa Monica-based The Mobile Majority --which recently zoomed past $50M in revenues--has acquired a Brazilian web development company called Elastic , according to the company. The Mobile Majority said it is adding talent in product development, UI, backend, highÂť speed API integration, operations, and machine learning.

Mobile 100