Startups

TikTok is a free short-form video-sharing app that rewards its users with endless hours of entertainment. It's a free app, so how does it make money?  So, How Does TikTok Make Money To Pay Its Creators TikTok's use of ads to generate revenue was just recent. TikTok for Business launched in June of last year with the goal of helping businesses and brands market their products and services inside the...

In September 2016, Tiktok became available on Android and iOS. The company behind the app had a net worth of $50 billion. The name of this company was Bytedance and it has its headquarters in Beijing. Zhang Yiming founded the company in 2012. TikTok vs. Triller - Differences & Similarities Tiktok actually has a Chinese-centric platform named Douyin. Douyin has an older user base and has features not present in...

There's a niche for everything. Even jobs like plumbing and AC repairs have a dedicated team of professionals. Sadly, most of these are small-time and individually-operated businesses. These types of businesses thrive because they get just the right amount of exposure it needs. But not for Ara Mahdessian and Vahey Kuzoyan. ServiceTitan is Now Worth $8.3 Billion These two met back in college and helped their fathers. They developed software...

ProGuides, esports’ leading on-demand training platform, has hired Paul Condolora as Chief Operating Officer (COO) after two years of explosive growth to help the company scale and maximize profitability. Per a recent Neilson study, gaming activity spiked 45% as players committed more time than ever to their favorite games during the safer-at-home season. In conjunction, ProGuides grew significantly in both premium subscribers to its on-demand, interactive video coaching courses, and...

BetterUp provides employees and individuals professional counseling services. Based in San Francisco, this company has over 2000 professional coaches.  Prince Harry Got a Job: ‘Chief Impact Officer’ of Virtual Coaching Firm The business started in 2013. Its goal is to help employees and other professionals regarding mental health. Prince Harry's role within the company is a continuation of his passion projects. BetterUp coaches conduct their sessions with clients via a...

Anthony Wood founded Roku in October of 2002. The company specialized in hardware and technologies for streaming services. It received investments from various companies, including Netflix. The latter needed help with building a player to reach more consumers. Netflix currently leads the online streaming service. It was also one of the rising online streaming platforms. The trend the company was onto affected the TV situation. The need for Roku to...

Brainbase, the venture-backed company building modern software for end-to-end IP management, is continuing its rapid growth with two new customer additions: Chefclub, a digital cooking brand based in Paris with more than 1.5 billion monthly organic views and 100 million followers across the world, and Moose Toys, a leading innovator in the toy industry, makers of hit products like Squeakee the Balloon Dog, Bluey, and Heroes of Goo Jit Zu....

Social distancing was a term created in connection with the COVID-19 outbreak as a means of encouraging people to avoid group gatherings and stay at home. Such encouragement was necessary as the coronavirus that causes COVID-19, known as SARS-CoV-2, can be transmitted via close contact with infected persons. But many people are starting to realize that human connections and a sense of community are more necessary than ever! The sense...

RepairSmith officially announces the expansion of its at-home car repair and maintenance service to the greater Portland area. In addition, the company has launched its on-site repair and maintenance service for business fleets in the region. The company is kicking off its launch by partnering with two Portland nonprofits that are providing the community with access to food and transportation, Metropolitan Family Service (MFS) and Ride Connection. The company will provide them with $20,000 in free repair services...

All businesses would like to think that their organization is customer-centric but in most cases, this isn’t necessarily true. Sure, everyone in your team works hard to improve the services you provide and come up with new solutions to the challenges that your customers face but sometimes there’s a disconnect between what you are planning with what your customers actually need. While there’s no rule that your business should only...

Elementary Robotics, a rapidly-growing AI vision startup, today announced a new AI camera system for cloud-based inspection. The new system, which combines easy-to-use software, deep learning AI, and camera systems makes it faster and easier for manufacturers to deliver top-quality products to their customers. The company is also announcing the appointment of Monique Apter to EVP of Sales and Marketing and Milind Karnik to EVP of Engineering. Founded in 2017,...

First Resonance, a Los Angeles-based start-up transforming manufacturing with a new Factory Operating System used by cutting-edge hardware companies, today announced a new round of funding led by Blue Bear Capital, which brings funds raised to date to more than $5 million. The new capital will be used to expand the First Resonance team to support the continued development of its unique approach to manufacturing, informed by the team’s background...

Brainbase, the venture-backed company building modern software for end-to-end IP management, and BBC Studios, producers and distributors of unrivaled television programs globally, today announced a partnership whereby BBC Studios will begin using IP licensing platform, Brainbase Assist to streamline and manage their global licensing business for break-out hit Bluey, which airs in the U.S. on Disney Junior and Disney Channel and is available to stream on Disney+. “We are ecstatic...

Dadventures, a curated discovery platform that matches families with vetted local and home entertainment, announced the closure of its successful $2 million seed funding round. The round was led by multiple angel investors. Inspired by their struggles balancing parenting with busy careers, fellow dads and entrepreneurs Stephen Dypiangco and Devon George co-founded Dadventures to help other dads gain confidence as active parents and more equal partners. Dadventures currently reaches over...

For entrepreneurs, money isn’t the root of all evil. It’s probably more accurate to say that the lack of money is the most likely reason for a startup to fail. One common mistake for entrepreneurs is that they don’t start as early as they can in rounding up the investment money they need. If you’re starting your own business, then your preparations must also include finding out how you can...

According to surveys, only half of the total number of new startups survive up to their fifth year and just a third of that number makes it to their tenth year anniversary. It’s the most concrete proof of how tough running a business can be, even if you don’t really intend to grow it to an exponential size. How do you avoid becoming a part of the statistics, though? How...

FIGS, the direct-to-consumer company transforming healthcare apparel, has appointed Jeffrey Lawrence as Chief Financial Officer. Lawrence, who previously served as CFO of Domino’s Pizza, joins the wildly popular healthcare apparel company known for creating innovative, comfortable, and supremely functional scrubs. FIGS is revolutionizing the healthcare apparel industry by selling its premium quality products through its customer-friendly, direct-to-consumer website. Before FIGS, healthcare professionals had to choose from poor quality, boxy, and...

I have been founding, scaling, and selling businesses in Los Angeles for more than 20 years. I have seen ups, downs, and everything in between. The peaks and valleys of an entrepreneurial career are intense, and if I have learned anything throughout my tenure it is that they simply cannot be weathered alone. No man is an island, and success never happens in a vacuum. The good news is that...

The COVID-19 pandemic has hit the tech industry just as hard as the other business sectors. While some companies have thrived in this social distancing life, others have been finding it difficult to stay afloat. Almost all companies, tech and non-tech, have had to change their business and operational models. Despite rocky times, the tech industry is still paving the way to the future. Rain or shine, tech startups are...

Growing a small business will always seem like a daunting task for the inexperienced. However, it’s not impossible to do. Many big corporations today started small and some of them did not take decades to be where they are right now. Sure, it’s a mix of lots of hard work, a pinch of good luck, and a very good concept but it doesn’t mean that you can’t attempt to replicate...