L.A. Business Journal
JUNE 28, 2018
Lawmakers in California passed a data privacy bill in both chambers June 28 that would require major companies to disclose the data they collect from consumers and also allow consumers to elect not to have their data sold by the company to ad agencies. Governor Jerry Brown signed the bill into law Thursday afternoon.
Both Sides of the Table
JUNE 28, 2018
My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market. Until recently it was headquartered 2 blocks from our offices in Santa Monica so we literally saw it emerge under our feet and we proudly invested in the last
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socalTECH
JUNE 5, 2018
Getty Images has launched a new, custom content service in Los Angeles, called Getty STUDIO. According to Getty Images, STUDIO will be a "full-service production agency" and provide services to brands. Getty Images said the new unit will provide video, event photography, social-first content, commercial assignments, portrait studios, talent integration, media partnerships, full service production, immersive media, worldwide distribution, content strategy and visual intelligence.
TechEmpower
JUNE 6, 2018
Now in its fifth year, the TechEmpower Framework Benchmarks project has another official round of results available. Round 16 is a real treat for anyone who likes big numbers. Not just in measured results per second (several metric crap tonne), but in number of tests measured (~1830), number of framework permutations tested (~464), number of languages included (26), and total execution time of the test suite (67 hours, or 241 billion microseconds to make that sound properly enormous).
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Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
TechCrunch LA
JUNE 28, 2018
This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. Google raised the curtain with a splashy announcement that they’d be setting up their fifth cloud region in the U.S. in Los Angeles.
Berkonomics
JUNE 28, 2018
Close. There is more money lost in businesses today from inefficient processes than any other single area. Yet this is not a place where most managers feel comfortable deconstructing and rebuilding. Somewhere out there is a consultant or future employee (or even suggestions from present employees) that will provide the roadmap toward making your processes run more smoothly, more quickly and more inexpensively.
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Both Sides of the Table
JUNE 13, 2018
One of the hardest things to know when you’re new to fund raising is what you’re supposed to send to an investor, when and will they keep your information confidential. As a VC and former entrepreneur let me offer you some advice. (This is part of a series on how to improve your fund raising game. The first post & the full outline if you click the link.
socalTECH
JUNE 12, 2018
Los Angeles-based PolyCera Membranes , a developer of membrane technology used for industrial wastewater treatment, has raised $9M in a Series A funding, according to the company. The funding was led by Kairos Ventures and also included Bluestem Capital and the Wolfen Group. PolyCera, led by CEO Simon Marshall, said the funding will go to build out its global manufacturing, R&D and sales capabilities.
InfoChachkie
JUNE 4, 2018
A version of this article previously appeared in Forbes. I was invited to lead a Techstars LA workshop, focused on honing their elevator pitches. In my UCSB classes , my students practice their Personal Pitch in front of their peers, who give them constructive feedback. I decided to tweak this exercise for the Techstars entrepreneurs, using the format described below.
TechCrunch LA
JUNE 7, 2018
While electric scooter startups are at a standstill in San Francisco , Lime is taking its scooter service to Santa Monica, Calif. — competitor Bird’s home turf. Although Lime was planning to launch its new model of scooter that it built in partnership with Segway in San Francisco last month , it’s now debuting them in the Los Angeles area first.
Berkonomics
JUNE 21, 2018
Close. How much risk you and your company are willing and able to tolerate over time? Most people believe that early stage companies should take risks aggressively because there is less to lose and much more to gain with each risky bet or decision. Common thinking goes on to address large, public corporations by expressing that the relative tolerance to risk is decreased, in favor of protecting the brand or financial health of the enterprise.
L.A. Business Journal
JUNE 5, 2018
East Coast accelerator brings program to Los Angeles; cryptocurrency company aims to reduce ICO fraud; Elon Musk’s tunnels approved in Hawthorne
Both Sides of the Table
JUNE 22, 2018
There are times to fight. No great startup has been built without getting one’s knuckles bloody at times. This is especially true because incumbents now know how much is at stake when they let a startup get a huge head start in a market. So if you’re in a battle, if you’re right, if you feel confident you can win and importantly if the prize for winning is worth the fight?
socalTECH
JUNE 7, 2018
Metawave , a developer of wireless technology specifically aimed at self-driving vehicles, fixed wireless, and 5G networks, announced on Wednesday that it is opening up a brand new, advanced development center in Carlsbad. The Silicon Valley company--which just raised $10M in a funding round from DENSO, Toyota AI Ventures, Hyundai Motor Company, Asahi Glass , Motus Ventures, Khosla Ventures, Autotech Ventures, Bold Capital, SAIC Capital, Western Technology Investment (WTI), and Alrai Capital--sa
Tech.Co
JUNE 22, 2018
Tech startups are always looking to capitalize on the next big thing. And every year, the startup ecosystem is slightly different. Entrepreneurs preparing to launch a startup in 2019 should be aware of the latest trends that will guide their successes or failures. Industry analyst Mary Meeker’s 2018 Internet Trends presentation relies on data gathered across 2017.
TechCrunch LA
JUNE 26, 2018
Aclima , a San Francisco-based company which builds Internet-connected air quality sensors and runs a software platform to analyze the extracted intel, has closed a $24 million Series A to grow the business including by expanding its headcount and securing more fleet partnerships to build out the reach and depth of its pollution maps. The Series A is led by Social Capital which is joining the board.
Berkonomics
JUNE 14, 2018
we_are_wat we_are_watching_you. Close. If you have been in management or an entrepreneur long enough, you will have experienced the gray area of decision-making where ethics, the law, your needs and expediency all collide. This is the time when you are paid the big bucks, and when others aware of your plight will be watching most carefully. It is also the time when you demonstrate your true courage to your contemporaries.
L.A. Business Journal
JUNE 26, 2018
Los Angeles raised more than $100 million, beating Boston in total mega financing rounds, according to a recent report from CB Information Services Inc.
SoCal Tech Calendar
JUNE 25, 2018
Friday, June 29, 2018 -- Ophthalmology Technology Summit (OTS). Orange County is the single most technology-rich epicenter for ophthalmology technology. OCTANe's annual Ophthalmology Technology Summit (OTS) will continue to build upon the rich tradition of creating a local forum where leading ophthalmology technologists, researchers, clinicians, and entrepreneurs can come together to discuss ground-breaking ophthalmic technologies, unmet clinical needs, and new business opportunities, all to fue
socalTECH
JUNE 5, 2018
Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, has sold its other business--focused on electric vehicle charging and test systems--to a German company, Webasto Group. According to the two companies, Aerovironment sold its Efficient Energy Systems (EES) business segment to Webasto for $35M. As part of the acquisitoin, Webasto will also hire all of Aerovironment's EES employees.
Xconomy
JUNE 11, 2018
Intel sealed its commitment to become a player in the burgeoning autonomous vehicle industry when it bought computer vision company Mobileye for more than $15 billion in 2017. The venerable Santa Clara, CA-based chipmaker is betting that its data analytics and connectivity chops—as well as its semiconductors—combined with Mobileye’s computer vision and mapping functions , will attract a significant share of business from automakers that want to equip their vehicles for tech-assisted
TechCrunch LA
JUNE 26, 2018
It’s no secret that Google has long planned to open a cloud region in Los Angeles. The company has long said that a second region on the U.S. West Coast was in the works, after all. What we didn’t know for sure was when this new region would go live. But as Google announced today , the new Los Angeles cloud region will go live in July, making it the company’s fifth region in the U.S.
Berkonomics
JUNE 7, 2018
Close. We all do it… to our own detriment. So, let’s make a pact that we will try, if not succeed, to handle our incoming messages more efficiently. Personal time management helps immensely to make a better manager of you and me. All of us have time management tips and tricks to help us get through the day. I have a mantra I try to live by, and it has helped me more than you know over the years.
L.A. Business Journal
JUNE 11, 2018
Fans looking to enter Banc of California Stadium may soon present for a scan their fingerprint or retina instead of a physical or digital ticket.
SoCal Tech Calendar
JUNE 25, 2018
Wednesday, June 27, 2018 -- Innovation and Growth Fair - Q2 by 805 Startups, City of Agoura Hills, and Greater Conejo Chamber of Commerce. The purpose of this event is to promote personal and professional growth while inspiring innovation at all levels. You will be exposed to many different people and companies in an environment designed to foster authentic relationships between one another.
socalTECH
JUNE 21, 2018
San Diego-based startup Truepic , a developer of software which "notarizes" digital photos for authenticity, has raised $8M in a Series A funding, the company announced on Thursday. The funding came from Dowling Capital Partners; Jeffrey Parker (co-founder of FirstCall & former CEO of Thomson Financial); Andrew "Flip" Filipowski (Founder and CEO of Platinum Technology and SilkRoad Technology); and William Sahlman, along with others.
Xconomy
JUNE 26, 2018
When it comes to startup tech hubs, U.S. cities from San Francisco to Austin to Boston come first to mind. But that is starting to change, as Asian cities—particularly in China—are snapping up more tech venture capital funding and exits, according to a new report from CB Insights. Silicon Valley tech startups pulled in the most funding of any metro region globally during the last six years at $140 billion, according to CB Insights’ Global Tech Hubs Report, which the New York-based re
TechCrunch LA
JUNE 19, 2018
GOAT, the secondary marketplace for sneakers that recently merged with Flight Club , is announcing a new hire. Lizzie Francis will join the company as Chief Operating Officer, coming from Brilliant Ventures where she will remain a managing partner. Francis formerly acted as CMO at Gilt Group and CMO at JustFab.com. She’s been running Brilliant for a couple of years after founding it with Kara Weber.
Inverted Software
JUNE 15, 2018
At Inverted Software we often help our clients manage offshore and onshore development teams. Our proprietary processes and unique experience helps us evaluate and correct software development practices that have proven inefficient and instill practices that insure productivity and success. Below we have compiled the 3 most common issues developers tend to generate when left unsupervised and ways to mitigate their impact: Checking code at the end of the day.
L.A. Business Journal
JUNE 14, 2018
An award-winning German firm that employs professionals with autism across Europe is acquiring Santa Monica–based MindSpark Inc. to mark its entry into the U.S. market.
SoCal Tech Calendar
JUNE 22, 2018
Thursday, June 28, 2018 -- MasterMinds OC Startup Accelerator Workshop #15. OC ENTREPRENEURS: Join us for another LIVE MasterMinds Workshop. Bring your startup ideas and business questions so our friendly group of local Orange County entrepreneurs and business owners can help you move your business farther, faster. Free tickets available if you have a good startup business question for discussion, or you want to practice your startup pitch!
socalTECH
JUNE 20, 2018
Los Angeles-based UNREAL Mobile , a spinout of FreedomPop, is targeting disgruntled Sprint customers who were hoping to take advantage of Sprint's now unavailable $15 per month unlimited mobile service. According to UNREAL, it will offer up unlimited mobile plans for just $10 per month, with no contract and no credit check--and also will offer up new Alcatel Android smartphone for less than $50.
Xconomy
JUNE 21, 2018
Were you aghast at revelations that third-party organizations were able to capture millions of Facebook profiles from users who were unaware of the company’s privacy policy terms? If so, a Silicon Valley startup is hoping to entice you with a new option for private data storage of your personal digital life, along with private channels for sharing videos and other information with your inner circle of friends—and close control over who else gets access to them.
StartUp Beat
JUNE 22, 2018
Amit Thakkar saw first hand how messy and inefficient politics can be from the inside. While working as a political consultant for a decade, Thakkar said he became frustrated with seeing the same old players decide policy with almost no influence from actual constituents or voters. . That’s a large part of why he decided to create LawMaker.io , which bills itself as a revolutionary platform that gives those in the U.S. the chance to create propositions for new laws through crowdsourcing.
Steve Reich
JUNE 22, 2018
I’ve been heads down for quite some time managing the ecosystem at Malauzai, and so have been away from my blog. I’ve taken a new position at Finastra, should have interesting things to report going forward.
L.A. Business Journal
JUNE 8, 2018
HyreCar Inc., a peer-to-peer car sharing company based in Los Angeles, filed June 8 an amended prospectus for an initial public offering that could raise as much as $14.5 million for the company. The company did not set a date for the offering, but said it will list on the Nasdaq under the ticker symbol HYRE.
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