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A true story with a moral for all of us. A friend recently told me a story that had nothing to do with business, but unintentionally had a great lesson for all of us. He had asked his arborist if he could move a mature tree from one part of his property to another – to make room for an addition to his home. “Yes,” replied the professional. “And how much would it cost?
TikTok is struggling to make a dent in the world of US and European ecommerce , and has now enlisted the help of a number of startups to try and reverse that trend and bring the Live Shopping craze sweeping Asia to other markets. Currently, TikTok relies heavily on digital advertising to bring in revenue, although this has not been as reliable of a profit stream in recent months as it has previously and is forcing the company to look for alternative ways to make money.
In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. Some entrepreneurs are “lone rangers,” never mentioning any outside guidance, while others tout dozens of advisors. In my experience, both of these approaches will likely have minimal value for your venture.
Los Angeles-based The Senior Team said on Thursday that it is launching into the Los Angeles marketplace, providing a tech platform aimed at the aging adult population. The company said it helps senior connect with businesses, professionals, and specialists; the company is aiming at people who are 55 years old and older. The company says it is looking at 42 other markets across the United States after its initial beta testing.
Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
Most people have heard of wrongful termination on sitcoms or even in infamous films such as Philadelphia. But what exactly is meant by wrongful termination, and how do you prove… The post What is Meant By Wrongful Termination? A Short Guide appeared first on AllTopStartups.
As an investor in startups, I most often see entrepreneurs who are technologists, or at least have a real passion for a specific product. They rarely highlight their marketing and relationship skills , even though, in my experience, these are more often the key to success in business than product skills. I’m a believer in the old saying that investors look for great people, more than great ideas.
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As an investor in startups, I most often see entrepreneurs who are technologists, or at least have a real passion for a specific product. They rarely highlight their marketing and relationship skills , even though, in my experience, these are more often the key to success in business than product skills. I’m a believer in the old saying that investors look for great people, more than great ideas.
Los Angeles-based Bionaut Labs, a company developing microscale robots for treating central nervous system (CNS) diseases and disorders, said this week that it has raised $43.2M in a Series B funding. The funding was led by Khosla Ventures, and also included Deep Insight, OurCrowd, PSPRS, Sixty Degree Capital, Dolby Family Ventures, GISEV Family Ventures, What if Ventures, Tintah Grace and Gaingels, plus Upfront Ventures, BOLD Capital Partners, Revolution VC, and Compound.
San Luis Obispo-based Web3 Working Group said it has launched a new, 501(c)(3) nonprofit focused on educating people on web3 infrastructure. According to the nonprofit, it has received $2M from donors and partners like Arweave, The Graph, Livepeer, and Akash for its efforts. The nonprofit said it was co-founded by creators of Open Index Protocol, Amy and Devon James.
Los Angeles-based gaming startup Midnight announced this morning that it has raised $7.5M in its seed funding round. The funding came from Shima Capital, blockchain platform Forte, gaming community SNACKCLUB, guild and mod platform Overwolf, plus the founders of gaming companies Illuvium and investors Woodstock Fund, FJ Labs, Bixin Ventures, among others.
Los Angeles-based venture investor Greycroft Ventures is backing a Melbourne, Australia-based startup, FrankieOne. According to FrankieOne, it has raised $15.4M (US) in its Series A+ round, which was led by Greycroft and AirTree Ventures, and also included Reinventure, Tidal Ventures, Apex Capital Partners, Binance Labs and Kraken Ventures. The company develops an API platform for identity verification and fraud detection.
Los Angeles-based Pogo Health said today that it is aiming to address chronic pain through a new virtual healthcare service. According to the company, it has begun offering up three different programs to help people manage chronic pain, by providing virtual health coaches, pain physicians, and mental health therapists. The company is led by CEO Dr. Hunter Vincent.
A ransomware attack earlier this year at the Los Angeles Unified School District is a wake-up call about threats to the nation from cyberattacks, according to a story today from VentureBeat. The attack affected more than 650,000 students and 75,000 employees earlier this year.
Santa Monica-based electric vehicle subscription company Autonomy said today that it is dangling up a "limited-time offer" to get people to subscribe to its Tesla Model 3's. According to the company, it will let people pay $3,000 down and $450 a month for the first 12 months for the Tesla EV, in its "Cyber Monday" sale. It's unusual to see a car offered up in those online sales.
One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. They don’t realize that according to many experts , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative.
Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. It’s no wonder that 45 percent fail in the first five years, and an even smaller percentage ever see a return for their years of effort. Most new entrepreneurs assume their passion will attract and motivate the right team members.
You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger.
San Diego-based Forward Slope, a provider of software for the defense industry, has received an investment from private equity investor Trive Capital. Size of the investment was not announced. Forward Slope provides tactical visualization systems, geospatial mapping tools, data science, cyber security, and other products to the Navy and other national security customers.
Santa Monica-based TigerConnect said on Wednesday that it has bolstered its board of directors, adding Adrienne Kirby to the body. According to the company, Kirby is the former executive chairman and CEO of Cooper University Health Care, and also served as the President of MedStar Franklin Square Hospital Center. TigerConnect is a provider of a healthcare communication solution.
Mojave-based Virgin Orbit, the Sir Richard Branson-linked company which is working on launching satellites into space from a modified 747, is abandoning its efforts to sell more stock in the now public company. According to a statement from the company, it has "elected not to proceed with an offering", citing "current market conditions".
Carlsbad-based satellite communications provider ViaSat said today that its newest satellite, ViaSat-3 Americas, is moving closer to launch, after completing its Final Integrated Satellite Test (FIST). The company said those procedures are designed to test all the satellite's payload and bus systems to confirm they function properly following the stresses of mechanical environmental testing, which simulated the launch of the spacecraft.
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