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

TechCrunch LA

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Since its 2017 inception, SpotOn has been focused on providing software and payments technology to SMBs with an emphasis on restaurants and retail businesses.

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7 Indications Your New Venture May Not Be Investable

Startup Professionals Musings

If you need investors, it’s important that you understand their filters, and even if you are funding your own efforts, you need to recognize the red flags. Things such as driver-less cars and new medicines are far more than a technology challenge. New drugs usually fall in this category, due to side-effect testing.

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Why Millennial Entrepreneurs Should Never Watch Shark Tank Alone

InfoChachkie

The reality television show Shark Tank makes for entertaining content but many of its underlying messages are potentially detrimental to tech entrepreneurs. I get that Shark Tank is a TV show focused on entertaining its viewers. Experienced entrepreneurs have no issues parsing where reality stops and entertainment begins.

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7 Startup Proposals That May Raise Investor Red Flags

Startup Professionals Musings

If you need investors, it’s important that you understand their filters, and even if you are funding your own efforts, you need to recognize the red flags. Things such as driver-less cars and new medicines are far more than a technology challenge. New drugs usually fall in this category, due to side-effect testing.

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Interview with Scot Lawrie and John Rhodes, Coverfly

socalTECH

For our interview this morning, we caught up with Scot Lawrie , the President and technical Co-founder of Los Angeles-based Coverfly (www.coverfly.com), and John Rhodes , Coverfly's head of Marketing and Business Development, to learn a bit more about the early stage, bootstrapped startup focused on Hollywood script writers. What is Coverfly?

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Interview with Gabe Grifoni, Rufus Labs

socalTECH

Rufus Labs is one of a number of hardware startups which have started to proliferate in the community, due to low cost hardware, 3D printing, and crowdfunding sites like Kickstarter and Indiegogo. Gabe Grifoni: At Rufus Labs, we are focused heavily on building wearables and technology in a wearable platform for the enterprise.

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Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

When you’re on Fund I or Fund II it is often a founding team that all started together, knew each other before and went through the trenches together to get a fund raised. But as LA as a tech community grew massively the percentage of our LA deals went from 15% to 50% from 1996 to 2010 and it has remained solid since then.