socalTECH

MAY 17, 2012

The move is an abrupt shift from feast to famine for BetterWorks, the high profile employee fringe benefits startup headed by prolific angel investor Paige Craig. A report today from PandoDaily said that Santa Monica-based BetterWorks has terminated all of its sales and marketing staff, and half of its operations team.

Layoffs 187

Layoffs Santa Monica Acquisition Report 187

socalTECH

JUNE 21, 2019

What's the hardest part of being a startup entrepreneur? Minnie Ingersoll: I grew up here in Southern California, in Pasadena, and have been in the Bay Area for a number of years, and just became a new partner at TenOneTen Ventures. Minnie Ingersoll: A few things, but most recently I started by own company, in 2013.

Southern California 133

Southern California Startup Layoffs Venture Capital 133

socalTECH

OCTOBER 30, 2018

Troubled, Los Angeles-based electric vehicle startup Faraday Future has lost a key electric vehicle designer, among a number of layoffs at the company over the last few weeks, according to a report.

Design 113

Design Report Layoffs Los Angeles 113

socalTECH

DECEMBER 12, 2012

The layoffs--first reported by PlugInCars--apprently included a "substantial part" of its sales and marketing staff. The layoffs impact approximately 15 percent of Coda's workforce. The layoffs apparently come as the company has sold less than 100 of its automobiles since launching in March, according to the report.

Layoffs 157

Layoffs Southern California Santa Monica News 157

socalTECH

SEPTEMBER 15, 2014

Boulder Electric Vehicles , a startup developing electric powered has shut down its production facility in Chatsworth, as the company looks for a buyer. boulder electric vehicles shutdown angeles cleantech truck auto transportation layoff' The move was originally reported by The Daily News.

Chatsworth 138

Chatsworth Layoffs News Report 138

socalTECH

APRIL 10, 2014

Los Angeles-based Zumbox , a startup which had been looking to store and deliver information which normally would be delivered via mail in a digital form, is shutting down its services, as of next Monday, April 14th. zumbox postal delivery mail shutdown employment jobs layoff' READ MORE>>.

Zumbox 157

Zumbox Layoffs Los Angeles Invest 157

socalTECH

JUNE 17, 2013

The amount of capital invested in Fisker makes the company the highest profile flameout ever in Southern California''s startup history, far surpassing the mere $375M in venture capital raised of of prior record holder Amp''d Mobile from back in 2007. Anaheim-based Fisker Automotive , the troubled electric car maker, has now burnt through $1.4

Layoffs 170

Layoffs Southern California Venture Capital Acquisition 170

socalTECH

SEPTEMBER 28, 2012

Los Angeles-based BeachMint , the online e-commerce and celebrity startup, has quietly let go of some staff this Friday, in what an insider called a "slight trim" of the firm's employee base. News of the layoffs first hit began circulating right before noon.

Layoffs 203

Layoffs Commerce News Los Angeles 203

socalTECH

OCTOBER 4, 2012

Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. ShoeDazzle's public relations firm could not comment on the report, and the company had yet to reply to requests forwarded to them at press time. READ MORE>>.

Report 185

Report Layoffs Commerce Press 185

socalTECH

MARCH 5, 2009

Last month, the firm's CEO, Peter Hoskins, told socalTECH that the "Most of what we do is consistently profitable, by design. Tags: jobs employment layoff video comerica content maniatv shutdown.

Layoffs 100

Layoffs SoCalTech Content Web 100

socalTECH

JANUARY 30, 2009

And, on a sad note, Martin Schaedel -- well known to many in the Los Angeles technology community, and a contributor of photos to socalTECH-- has died in a plane crash at the Santa Monica airport. TheWrap --focused on Hollywood and entertainment news-- announced funding from Maveron on Monday.

Southern California 100

Southern California Layoffs Mixergy News 100

socalTECH

APRIL 19, 2013

It all looked good at the time: oil company Exxon needed to develop a more earth-friendly way to produce oil, and San Diego startup Synthetic Genomics needed funding to get its technology off the ground. But then, ExxonMobil cut back its original investment--worth up to $600M--in Synthetic Genomics. What happened?

Layoffs 159

Layoffs Outsource Development San Diego Mobile 159

socalTECH

MARCH 7, 2013

The celebrity-driven e-commerce firm, which is based in Los Angeles, hit a rough patch last year with a major layoff, and even as recently as this week has been in the midst of reorganizing and restructuring its operations, streamlining operations, and letting go of people that haven't been a match to the company.

Layoffs 153

Layoffs Commerce Los Angeles Organization 153

socalTECH

JUNE 16, 2009

Van Natta said that MySpace's size had become "unsustainable," and instead, the firm needs to operate "as a nimble and entrepreneurial company with the adaptive mentality of a start-up." Tags: myspace employee jobs layoff employment. READ MORE>>.

Layoffs 100

Layoffs Startup Los Angeles Angel 100

socalTECH

APRIL 13, 2020

Our interview today is with Greg Martin , co-founder of LiquidStock (www.liquidstock.com), an investment fund which offers up a way for employees of private companies to exercise their stock options before an IPO or acquisition. Tell us what you're up to now? Why did you start LiquidStock rather than a more traditional venture fund?

Startup 113

Startup Paramount Invest Capital 113

socalTECH

FEBRUARY 17, 2017

We caught up with Ryan (who calls himself an "anti-VC") to hear more about his investment firm, which has invested in such companies as Heal , Elite Daily , Saucey , and FragMob. Tell us a bit of the story on how you started HashtagOne? We want to have startups we can get productive or generating revenue pretty quickly.

Venture Capital 100

Venture Capital Entrepreneur Technical Review Software Review 100

socalTECH

JANUARY 15, 2009

Our startup interview this morning is with Josh Stomel , founder of ResumeBucket (www.resumebucket.com), a new web site that is focused on helping people share their resumes with the world. Stomel--who is bootstrapping the startup from his recruiting firm, NeoHire--explained the site to us. What's the idea behind the site?

Startup 140

Startup Yahoo Sites Oversee.net 140

socalTECH

OCTOBER 24, 2019

Santa Monica-based Fair , the subscription vehicle service lead by startup veteran Scott Painter, is laying off 40 percent of its staff, according to reports , and also is replacing its CFO. The report says that current CFO Tyler Painter, the brother of CEO Scott Painter, is being replaced by Kirk Shryoc.

Report 100

Report Santa Monica Equity Invest 100

socalTECH

MARCH 14, 2019

In Lyft's case, most of those employees were part of a startup called Motivate, which was acquired by Lyft about three months ago. The move follows similar cuts over at the scooter department of Lyft, which laid off approximately 50 people in its bicycle and scooter operations, just ahead of an expected IPO filing.

Report 124

Report Santa Monica Los Angeles Platform 124

socalTECH

MAY 23, 2012

In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st.

Santa Monica 275

Santa Monica Redpoint Email Activity 275