Not everyone turns to angels or VCs to raise money, as evidenced by the massive trend in crowdfunding. President Obama further solidified this approach to fundraising with the passage of the JOBS Act allowing small businesses and startups to raise up to $1 million a year without requiring a public offering.
Jobscience early today acquired Atomkeep in a move the company says was to help job seekers validate their social image over the various social networks to avoid mistaken identities from would be employers.
Jobscience says on their blog that it was built on salesforce.com’s Force.com platform and gives social entreprises recruiting and talent management solutions.
Mike Jones may be known for his most recent role as CEO of MySpace, but this Internet entrepreneur is no stranger to the startup world. He’s had multiple exits (his company Userplane sold to AOL for nearly $40 million and Tsavo Media drew a cool $75 million from Cyberplex) and also advises private startups
So you have a startup idea, perhaps some level of execution or traction, but you or your co-founders are doing it blind; you trudge along with a little advice or knowledge you’ve picked up in torrented audio books after finally having made that decision to quit the 9-5. You continue to build your venture as lean as possible and hit a personal make it or break it point with a couple of unsuccessful investor meetings and very little guidance. So what’s the next step? You have faith in your idea and your company but the littlest things are occupying the biggest blocks of your time and you feel like you’re getting tunnel vision.
Today marks another great day for the LA startup community as one of the city’s prominent mentoring programs, Launchpad LA, received VC funding – for each startup. Every startup selected and entering into the program will be awarded $50,000 in VC funding, mentoring, and free office space in Santa Monica area within walking distance of the Third Street Promenade.
Thinking about applying to or ever wondered what its like taking part of an accelerator or incubation program? Well now is your chance to find out thanks to upStart.LA. The Santa Monica based startup accelerator, is inviting Los Angeles tech entrepreneurs for an evening of discussion highlighted by a panel of startup founders that have received funding from leading accelerators and incubators on Thursday, Nov. 10th from 7pm to 9pm at the Santa Monica Civic Auditorium (SMCA). The event will feature a panel of some of SoCal’s brightest entrepreneurs who have received funding from TechStars, Y Combinator, 500 Startups, and Idealab and will be moderated by upStart.LA’s Co-Founder, Dan Dato.