TechZulu is excited to invite you to the 2016 Startup and Entrepreneur Forecast taking place Thursday, February 11 from 7 p.m. to 10 p.m. at Cross Campus in Santa Monica. We will have amazing panelists from Crosscut Ventures, Machine Shop Ventures, Techstars, and more to be announced soon who will share their insights and forecast for startups in 2016.
There are many factors to consider when your company is ready to embark upon an acquisition. If you believe your business is valuable to somebody and you want to sell or get acquired by a larger organization there are a few steps you can take to increase your value and negotiate for favorable terms.
Congrats guys and happy to say we knew you when. INRIX a leading provider of real-time traffic information and connected driving services worldwide, announced it has completed the acquisition of ParkMe, a Santa Monica, CA company that helps consumers find parking, make reservations and mobile payments worldwide. This deal makes INRIX the preferred provider of parking information and services to leading automakers, transportation agencies and drivers around the world.
One question everyone asks is what investors look for when deciding whether or not to fund a startup. Having a high-caliber team with a good track record and a clear value proposition are givens. But the bottom line is that it comes down to the numbers. VCs are looking to make investments that pay off big.
After releasing its first ever report, Amazon has left many consumers and users wondering about a number of things. Of all Fortune 500 companies dealing with tech, Amazon is the last one to disclose publicly the number of data requests it has received from the government. Between January and May 2015, Amazon has indicated it has received about 813 subpoenas with 542 already responded to.
The considerable hype that Jet.com received prior to its launch created high hopes for the subscription shopping program. In the months and days leading up to its debut, Jet CEO and founder Marc Lore tried again and again to downplay the notion that his company would compete head-to-head with Amazon. Those efforts failed, but now that it’s live, consumers and analysts can and will decide on their own whether it fulfills their expectations — not to mention Lore’s recurring promises.
ScholarshipOwl, a free online membership service that matches students to U.S. college and graduate-school scholarships and then automates the application process, has opened the beta version of its service to all users. During a closed part of the beta process, the site attracted more than 25,000 members.
Uber isn’t some niche startup anymore. Due to impressive growth in the past few years, accompanied by headlines reveling in its successes and controversies, Uber has established itself as an innovative transportation service poised for further expansion in the future. In fact, one of Uber’s investors recently said the company could be worth more than $40 billion with an estimated annual growth of an astounding 800 percent.