What every startup founder should know about exits

The dream of a startup founder can often be summarized by the following well-intentioned, and mostly delusional, quote: “We’ll raise a few rounds and in a few years we’ll IPO on Nasdaq.”

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Startup Grind founders raise $6.4M for community event platform Bevy

The founders of entrepreneurial community Startup Grind have a startup of their own — Bevy, which announced today that it has raised $6.4 million in Series A funding. The funding comes from Upfront Ventures, author Steve Blank, Qualtrics founders Ryan Smith and Jared Smith, and Pluralsight CEO Aaron Skonnard. CEO Derek Andersen (who founded and […]

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VCs are hungry for Instacart, big money for bikes and a slew of enterprise IPOs

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was a damn corker. Instacart is fighting back! Zuora went public and it went well! There were other IPOs! Uber loves bikes! And what is #AllRaise? We happily had a good crew on hand to sift through […]

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Southern California needs to find its hub for it to develop its own tech ecosystem

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group called  the Alliance for Southern California Innovation has just released a report to analyze how SoCal can work to assume its pole position. Through interviews with […]

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Attention L.A.: Don’t miss this pitch day for female founders, happening in March

 On Tuesday, March 13, some of the most well-regarded venture capitalists on the West Coast will converge in L.A. to hear pitches from women-led startups.  The day is part of a growing series of events that was originally spearheaded by investor Aileen Lee of Cowboy Ventures, who along with her women friends in venture, wanted to begin to work more closely the far larger — and growing… Read More

View More Attention L.A.: Don’t miss this pitch day for female founders, happening in March

LA investors smell a winner in direct-to-consumer perfumer Skylar Body

 The consumer investment train keeps rolling through Los Angeles, with organic perfumer Skylar Body becoming the latest brand that investors here are banking on for a big win.
The company raised $3 million late last year in a round led by Upfront Ventures with participation from serial entrepreneur-turned-investor Brian Lee and other top tier local investors.
Lee, who made his name (and his… Read More

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Giving online retailers a physical returns location nets HappyReturns $8 million

 As online retailers continue to seek out ways to bridge the digital divide between themselves and their customers, Happy Returns, which provides physical locations for online shoppers to return and refund unwanted purchases, has raised $8 million to help. The Santa Monica, Calif.-based company, raised its new money from U.S. Venture Partners along with previous investors Upfront Ventures… Read More

View More Giving online retailers a physical returns location nets HappyReturns $8 million

Giving online retailers a physical returns location nets HappyReturns $8 million

 As online retailers continue to seek out ways to bridge the digital divide between themselves and their customers, Happy Returns, which provides physical locations for online shoppers to return and refund unwanted purchases, has raised $8 million to help. The Santa Monica, Calif.-based company, raised its new money from U.S. Venture Partners along with previous investors Upfront Ventures… Read More

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With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

 CrossCut Ventures, a Los Angeles-based seed investment firm has just closed its fourth (and largest) fund with $125 million in new cash. It’s been a long road for the firm’s three co-founders, who have been investing in Los Angeles since 1997. In that time they’ve seen the city’s technology scene evolve in fits and starts, but now, with companies like Snap, Dollar… Read More

View More With the Los Angeles tech scene exploding, CrossCut Ventures raises $125 million to invest

Physical storage startup Makespace has a new CEO to represent it

 Makespace, one of the many startups that launched to give consumers a new option for storing their stuff, has a new chief executive, TechCrunch has confirmed. The company’s thirty year-old co-founder and chief executive Sam Rosen is stepping down to make room at the top for Rahul Gandhi, Rosen’s fellow founder and Makespace’s chief operating officer. News of the change at the… Read More

View More Physical storage startup Makespace has a new CEO to represent it