More layoffs at Mindbody as tech firms downsize
For the second time in two and a half years, San Luis Obispo-based Mindbody has laid off a portion of its workforce, this time following a trend of technology companies across the country beginning to downsize. Mindbody, a cloud software company for the fitness industry, announced Oct. 26 that it would lay off an unspecified Read More →
As working from home becomes new norm, companies look to sublease surplus space
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New Mindbody CEO discusses company’s post-pandemic rebound
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SLO’s Mindbody names new CEO
Mindbody, a software firm for the wellness industry that is one of San Luis Obispo’s biggest tech companies, announced the hiring of a new CEO on Aug. 2. Fritz Lanman will take over on Sept. 3, the company said. The current CEO, Josh McCarter, will move to Mindbody’s board of directors. Lanman is currently the Read More →
Flood of IPOs has slowed to a trickle in 2022
After reaching new heights in 2021, including a $150 million capital raise that closed in July and surpassing $100 million in annual recurring revenue, Santa Barbara-based Impact Technologies was preparing to go public in 2022. But, with rising inflation and interest rates decimating the stock market, the IPO money that was available in 2021 has Read More →
Mindbody to buy billion-dollar fitness company, fueling talk of new IPO
EDITOR’S NOTE: This article was updated Oct. 15 with more information about the merger and an interview with Mindbody founder Rick Stollmeyer. After a year of pandemic-related struggles in the health and wellness industry, two companies are announcing a merger just as the sector is starting bounce back. San Luis Obispo-based Mindbody announced Oct. 13 Read More →
Former Mindbody CEO Rick Stollmeyer’s next big thing is a drone company
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