TechCrunch LA

SEPTEMBER 19, 2020

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday. “I approved the deal in concept,” Trump reportedly said.

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L.A. Business Journal

SEPTEMBER 14, 2020

While plenty of tech companies are interested in filling up consumers’ feeds, some are more interested in feeding consumers.

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socalTECH

SEPTEMBER 23, 2020

In a world of Tinder, Match, and dozens of other online dating applications, is there room for another approach to dating? Constance Curtis , the Founder and CEO of The List (www.getthelistapp.com), thinks so, and tells us about her startup's efforts to bring the world of matchmaking to the modern worldand how her own frustration with online dating let to her startup.

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Startup Professionals Musings

SEPTEMBER 18, 2020

Willingness to take a risk is the hallmark of a serious entrepreneur. That’s why one of the first questions that potential investors ask is “How much of your own money, and friends and family, have you put into the new business?” If you won’t risk yours, you won’t get investors to risk theirs. A few years ago I was impressed with the classic book “ When Turtles Fly ” by Nikki Stone, an Olympic champion, which explains this well.

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Advertiser: Aggregage

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.

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Berkonomics

SEPTEMBER 24, 2020

My immediate family members were entrepreneurs from as far back as I can trace. Dad was a jeweler, then a furniture store owner. Mom wrote books and articles from her college days until she could no longer see the keyboard. One grandfather owned and maintained his apartment houses. The other was a grocer, then a jeweler. My entrepreneurial start.

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Xconomy

SEPTEMBER 2, 2020

If Lumen Bioscience achieves its goals, patients will be able to take its drugs the same way some people supplement breakfast: a spoonful heaped onto a bowl of cereal or mixed into juice. The startup harnesses spirulina, protein-rich cyanobacteria touted by many health enthusiasts as a “superfood.” Lumen CEO Brian Finrow (pictured above, right) acknowledges spirulina’s health benefits, but that’s not why his company embraces it.

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L.A. Business Journal

SEPTEMBER 28, 2020

While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.

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socalTECH

SEPTEMBER 18, 2020

Los Angeles-based software company QualityWorks said this week that it is offering up a free, bootcamp for people in the BIPOC (Black, Indigenous, People of Color) community, to learn about software testing. According to QualityWorks, it is running a free, six-week Agile Testing Bootcamp aimed at helping individuals with non-technical backgrounds gain high-paying, high-demand technical jobs in software test.

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Startup Professionals Musings

SEPTEMBER 28, 2020

Investors invest in people, not ideas. Customers buy from people, not companies. Employees rally for a great leader, not a brand. As an entrepreneur, you need relationships to succeed. That means relationships with team members, investors, customers, and vendors. One of the best ways to build a good relationship with anyone is to make them feel important.

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Berkonomics

SEPTEMBER 17, 2020

So, you’ve successfully sold your business and have received enough money from the sale to become financially independent, no longer having to work for a living. That is a comfortable place to be, and it is one experienced by more and more people, especially in technology-based businesses. And what’s next? Most successful sales of businesses, again especially in the technology arena, enrich younger entrepreneurs and stock-option holders who are under fifty years of age.

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Xconomy

SEPTEMBER 17, 2020

Dyne Therapeutics, a company developing genetic medicines for rare muscular disorders, has raised $233 million in an IPO that topped the preclinical-stage biotech’s projections. Late Wednesday, Dyne priced its offering of about 12.3 million shares at $19 each. The Waltham, MA-based biotech had previously planned to sell 10.3 million shares in the range of $16 to $18 per share.

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TechCrunch LA

SEPTEMBER 10, 2020

It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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L.A. Business Journal

SEPTEMBER 21, 2020

Facing a Sept. 20 deadline from the White House to find a buyer for its U.S. operations, TikTok parent company ByteDance Ltd. has accepted a bid from Oracle Corp.

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socalTECH

SEPTEMBER 22, 2020

Los Angeles-based online greeting card provider JibJab --which got its start originally via a viral political video--is dipping back into politics, saying that it has launched a new effort to bring out voters. According to JibJab, it has released a new video encouraging people to vote, and has partnered with Rock the Vote to encourage youth to vote.

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Startup Professionals Musings

SEPTEMBER 19, 2020

Traditional marketing says you have to “push” your message out to customers, over and over again, to get you remembered. A more effective approach in today’s Internet and interactive culture is to use “pull” technology to bring customers and clients to your story. You pull people in by providing new content with real value on your website at least every few days.

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Berkonomics

SEPTEMBER 10, 2020

Now you have worked for months to get this deal to the closing, anticipating the wire transfers to the shareholders that will come any minute. This could change your lifestyle and give you that much needed pause in your life you have been looking forward to. How it happens today. All the documents were signed in a rolling series of emailed scanned or DocuSign signature pages during the past week or more, with each party signing their own set, never having to be in the same room to sign the sin

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Xconomy

SEPTEMBER 23, 2020

Amyotrophic lateral sclerosis (ALS) has no cure and few available treatments but the past decade has revealed new knowledge about the pathology of the disease. Libra Therapeutics is turning that research into potential therapies, and it now has $29 million to advance its work. While the exact causes of many neurological disorders are unknown, Libra President and CEO Isaac Veinbergs says one common thread is toxic proteins.

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TechCrunch LA

SEPTEMBER 7, 2020

Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. It’s a model that’s worked famously well for fashion and accessories ( just ask investors in Rent the Runway ), but has had not had the same resonance for white label goods.

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L.A. Business Journal

SEPTEMBER 28, 2020

With in-person gallery visits largely halted by the pandemic, the business of art has taken a severe hit.

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socalTECH

SEPTEMBER 21, 2020

Aliso Viejo-based artificial intelligence software developer BrainChip says it is opening up a new software development center in Hyderabad, India, which it says will provide software and firmware development for its systems-on-a-chip technology. According to BrainChip, the new software development center initially will be staffed by five software engineers and local management.

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Startup Professionals Musings

SEPTEMBER 11, 2020

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. According to the International Business Innovation Association ( InBIA ), there are over 2,200 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley.

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Berkonomics

SEPTEMBER 3, 2020

Many CEOs have asked me if I felt an investment banker adds value if the buyer has already been identified. How investment bankers behave. Investment bankers sometimes slow the process by requiring a cloud-based “data room” and “deal book” to be prepared containing considerable information about a company to help a buyer. Deal books are expensive to create.

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Xconomy

SEPTEMBER 30, 2020

Ovid Therapeutics and Takeda Pharmaceutical joined forces three years ago to develop a small molecule into a potential epilepsy drug. That research is starting to pay off as the companies now look ahead to pivotal studies testing that compound in several inherited forms of the disorder. On Wednesday, New York-based Ovid (NASDAQ: OVID ) reported Phase 2 results showing that the molecule, soticlestat, reduced the frequency of epileptic seizures in CDKL5 deficiency disorder (CDD) and chromosome 15q

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TechCrunch LA

SEPTEMBER 23, 2020

In this case, money, it really is the shoes. GOAT , the proprietor of online and physical retail locations for reselling the collectible kicks and kits that are the currency of street cred and cultural cool among the youths, is now worth a whopping $1.75 billion thanks to $100 million in new financing. It’s a big number, and a big day, for the Los Angeles-based startup.

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Commerce Journal Los Angeles Research 255

L.A. Business Journal

SEPTEMBER 28, 2020

While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.

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socalTECH

SEPTEMBER 30, 2020

Santa Monica-based Cornerstone OnDemand , which develops employee development software, says that a survey it has run has found that 50 percent of employees it surveyed desire time off to study their ballot before they vote. Cornerstone OnDemand said it ran a survey with YouGove, which provides public opinion and data, finding 80% of adults typically spend less than two hours to learn about their ballot--and could use additional time off to study their upcoming ballots.

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Startup Professionals Musings

SEPTEMBER 16, 2020

For decades, efforts to satisfy customers have been built around demographics – capitalizing on race, ethnicity, gender, income, and other attributes. Today, in this age of pervasive social media and two-way communication, the focus needs to get beyond demographics into personalities. Customer personalities define customer experience, and sets what they love, and what they hate.

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SoCal Tech Calendar

SEPTEMBER 24, 2020

Thursday, September 24, 2020 --.

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Xconomy

SEPTEMBER 21, 2020

Grail is set to be acquired for $8 billion by Illumina, the gene sequencing giant that formed the cancer diagnostics developer and spun it out as a separate company four years ago. The announcement comes less than two weeks after Menlo Park, CA-based Grail revealed its plans for an IPO to support commercialization of its first test next year. The deal announced Monday is a cash and stock transaction.

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TechCrunch LA

SEPTEMBER 23, 2020

After operating in stealth mode for about two years, First Resonance , a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss. It’s a suite of software products that can allow for more flexible manufacturing processes and one that can handle the pressures of remote monitoring for companies making hardware in the age of social distancing brought on by the CO

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L.A. Business Journal

SEPTEMBER 21, 2020

Facing a Sept. 20 deadline from the White House to find a buyer for its U.S. operations, TikTok parent company ByteDance Ltd. has accepted a bid from Oracle Corp.

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socalTECH

SEPTEMBER 1, 2020

Our interview today is with Andrew Schydlowsky , the CEO and founder of Santa Barbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners. Andrew spoke to us about TrackStreet's brand protection software and artificial intelligence efforts.

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Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. They are quick to point out that many of today’s top entrepreneurs, including Evan Williams (Twitter), Bill Gates (Microsoft), and Mark Zuckerberg (Facebook), dropped out of school to get on with their dreams.

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SoCal Tech Calendar

SEPTEMBER 9, 2020

Tuesday, September 15, 2020 -- We believe that diverse ideas from all walks of life can help expand the realm of possibility for the entire world. The Urban Tech Connect // Forward Conference is helping bridge the gap of diverse ideation in technology. You can expect: Fine tune your fundraising and marketing strategies Target angels and VCs to raise money Overcome your fears and insecurities as a founder of color Develop tactics for product growth Tap into Job Opportunities in Tech Learn more ab

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Xconomy

SEPTEMBER 16, 2020

The Xcelerate Keynote Series has added Moderna CMO Tal Zaks to the expert lineup of speakers set to present next Monday, Sept. 21. As you likely know, Moderna is one of the front-runners in the COVID-19 vaccine race, and we look forward to adding his insight to a packed agenda focused on innovative solutions during this time of uncertainty. The half-day online event also includes senior leaders from Amgen, BIO, Eli Lilly, Takeda, Alnylam, and UCB, featuring discussions on regulatory guidance, pi

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TechCrunch LA

SEPTEMBER 17, 2020

Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, has just released a consumer-facing app called FastAF. Right now, the app is only available in Los Angeles. FastAF is built on top of Darkstore, which already has relationships with a number of brands that store their products in Darkstores for same-day delivery.

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