November, 2020

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing. Tech solutions for such pressing issues as the climate crisis and social inequality have seen a 280% increase in global VC investment from 2015 to 2020, while inves

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Tech Companies Continue to Bulk Up in LA, Driving Job Growth

L.A. Business Journal

Tech jobs are growing at a rapid clip in Los Angeles, fueled by an increasing appetite from local companies as well as industry leaders that are expanding their presence here.

Companies 334
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Have you heard? Eyeballs aren’t everything.

Berkonomics

Remember when? Back when we were all trying to figure out the real value of traffic on the web, investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments. Since in most cases, there was no revenue in many of these companies, all trying to gain market share at any cost, we had to invent the metric to use.

Metrics 296
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Interview with Joe Bayen, Grow Credit

socalTECH

For today's interview, we spoke with Joe Bayen , the CEO and founder of Los Angeles-based Grow Credit (www.growcredit.com), which runs a fintech startup which allows you to pay your subscriptions through a free Mastercard, as a way to boost your credit score. The company's venture backers include Mucker Capital and Commerce Capital, as well as angel investor Minal Hasan, of K2 Global Ventures.

Netflix 203
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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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6 Tips For Combining Passion And Purpose To Stand Out

Startup Professionals Musings

Finding your sweet spot as an entrepreneur needs to start with a meaningful personal purpose that is also a business opportunity. Some people are so passionate about a cause that they forget to consider the lack of business potential, while others are so enamored with profit that they jeopardize their ethics. Both ends of this spectrum fail to bring long-term satisfaction or success.

Tips 174
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TechTainment 6.0

SoCal Tech Calendar

Thursday, November 19, 2020 --.

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Vurbl Wants to Outdo Spotify. Can It Become the YouTube of Audio?

L.A. Business Journal

There’s no shortage of audio streaming apps, but Santa Monica-based startup Vurbl Media Inc. is betting that its newly launched player can compete with established platforms like Spotify.

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Is it your brilliant plan or your execution?

Berkonomics

Mike Tyson: brilliant business savant. “Everybody’s got a plan – until they are punched in the face,” famously stated boxer Mike Tyson. My experience personally reviewing over three hundred executive summaries each year, all sent to me unsolicited, seems to bear out the truth in Tyson’s statement. Anyone can build a good – or great – plan. Investors have to look behind the plan and at the entrepreneur and his or her team, knowing that, over time, most of us have come to the conclusion th

Summary 156
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OnSite Waste Technologies Signs Supplier To Senior Living Industry

socalTECH

Newport Beach-based startup OnSite Waste Technologies , which is developing counter-top, on-site medical waste sterilization products, says it has signed on a supplier of products for the senior living industry. The company said that Direct Supply, based in Milwaukee, is offering the company's OnSite TE-5000 product to its customers. OnSite Waste's product heats "sharps" and "Red-Bag Waste" between 350-400 degrees for 90 minutes, ensuring that all bacteria, spores and viruses are destroyed, with

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6 Observations On Key Challenges Facing Every Startup

Startup Professionals Musings

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. They are devastated when their business growth never starts or stalls, and they have no idea how to get it moving again. As an advisor to many startups, I often spend hours with business owners helping them anticipate every possible obstacle to the adoption of their solution, and

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TechTainment 6.0

SoCal Tech Calendar

Wednesday, November 18, 2020 --.

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Mov gives you a chance to win your favorite athlete’s game day attire — sweat, tears and all

TechCrunch LA

“If it smells, that’s how they’re going to receive it.”. While that claim would likely make most D2C founders cringe, for founder Chris Alston, it’s part of the magic of his company, Mov. The upstart, based in Los Angeles, connects fans to the game-worn apparel of their favorite athletes through a sweepstakes-style model. And in the market of sports memorabilia, authenticity (even if it includes sweat, blood and tears) is everything.

Startup 306
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LA Companies Play Leading Role in Rising AR, VR Industry

L.A. Business Journal

It may seem redundant to say that a company focused on creating virtual reality experiences is ahead of the curve, but that’s precisely the case for West Adams-based Survios Inc.

Companies 299
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Create a great product – the three-step dance method

Berkonomics

Can you create a product in a vacuum? Creating a new product in a relative vacuum is an exercise in complete trust that you know what’s best for the customer, perhaps even without interaction with such a customer. It’s probably happened, but not often enough to trust this method as a formula for success. The three-step dance method. So, I’ve developed the three-step dance in order to help form a repeatable method of how to create a great company from an early idea.

Product 156
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RemotePC Boosts Performance

socalTECH

Los Angeles-based remote access provider RemotePC --which is owned by iDrive--says it has boosted the performance for its service, which allows remote access to business PCs. The company says it now supports 4K streaming and display, and other "general perfmrance improvements". The company said the better performance should help support processing and display intensive applications such as CAD/CAM.

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6 Tips On Where And When To Look For Startup Funding

Startup Professionals Musings

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family.

Funding 173
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TechTainment 6.0

SoCal Tech Calendar

Tuesday, November 17, 2020 --.

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Beyond Meat unveils two new versions of its Beyond Burgers

TechCrunch LA

Beyond Meat has launched two new versions of its Beyond Burgers, the company announced today. The two new options will be available on store shelves in 2021, but will be on offer at a two-day pop up event in Los Angeles for folks to try. The new Beyond Burger patties are designed to mirror the options of beef in the market with the presentation of a lower fat patty option and a new version of its higher fat content option that the brand promises will be its “juiciest” patty for the &

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For SpaceX, Latest Launch Is a Big Leap

L.A. Business Journal

Space Exploration Technologies Corp. launched one of the highest-profile missions in the company’s nearly two-decade history on Nov. 15, sending four astronauts to the International Space Station.

SpaceX 264
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Ready, fire, aim. Really?

Berkonomics

You’ve surely heard the variations on this theme. “Ready, fire aim” was popular in the 1990’s, accredited to any of several authors. I used the term to describe my efforts in the artificial intelligence field, experimenting with new devices, the lisp programming language, and our first trial installations. It seemed an ideal way to describe a scrappy, entrepreneurial activity.

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Boingo To Provide Cellular Network For San Diego State Stadium

socalTECH

Los Angeles-based Boingo says it has been selected to provide the cellular network infrastructure for the new, San Diego State Aztec Stadium. According to Boingo, it has been selected to design, build, operate and maintain a 5G-ready, neutral host cellular DAS network for the new stadium. Financial details of the deal were not announced. The new stadium is expected to be complete for the 2022 NCAA football season.

San Diego 172
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8 Leadership Actions Guaranteed To Improve Team Trust

Startup Professionals Musings

Establishing and maintaining the right company culture is a major key to success in any business these days, especially with the growth of the millennial generation of workers. It has a huge impact on productivity, as well as morale and loyalty to the company. In this age of interactive social media, your culture image quickly spreads to customers, and determines their loyalty.

Claremont 172
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CoMotion LA Live

SoCal Tech Calendar

Thursday, November 19, 2020 --.

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HMBradley raises $18.25 million planting a flag as LA’s entrant into the challenger bank business

TechCrunch LA

With $90 million in deposits and $18.25 million in new financing, HMBradley is making moves as the Los Angeles-based entrant into the challenger bank competition. LA is home to a growing community of financial services startups and HMBradley is quickly taking its place among the leaders with a novel twist on the banking business. Unlike most banking startups that woo customers with easy credit and savvy online user interfaces, HMBradley is pitching a better savings account.

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Relativity Space Raises $500 Million, Plans to Launch 3D-Printed Rockets Next Year

L.A. Business Journal

The short five-year history of Relativity Space Inc. is like something out of a startup storybook.

Startup 246
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How to Promote School Network Scalability

Southern California Edison Blog

School network scalability is essential for ensuring that schools have a reliable network. As student and staff populations grow, teachers rely more heavily on internet-intensive learning tools, and schools should embrace cloud technologies for data storage and access. The education sector tends to have limited resources dedicated to IT investments which can make it challenging for schools to integrate the network technologies and keep up with the latest advancements.

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Interview with Jo Webber, Pod.io

socalTECH

Today's interview is with Jo Webber , the CEO and founder of Pod.io , a startup which has developed an app to help people connect with others over shared interests. Jo told us why, in a world full of social networking apps, why Pod.io is necessary, how it's different, and how the company is approaching a launch during a global pandemic. What is Pod.io?

Mentor 157
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8 Networking Strategies Pay Big Dividends In Business

Startup Professionals Musings

There is no skill more vital to an entrepreneur than effective networking. You can’t build your business alone, and networking is the best way to open doors, professionally and personally. For introverts like me, it’s not easy to step out of your comfort zone and meet new people, but if you approach the challenge correctly, I have found that it can actually be fun as well as productive.

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Chief Technology Officers on Emerging Technologies

SoCal Tech Calendar

Thursday, November 19, 2020 --.

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LA-based A-Frame, a developer of celebrity-led personal care brands, raises cash for its brand incubator

TechCrunch LA

A-Frame , a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. Joining Initialized in the round is the serial entrepreneur Moise Emquies, whose previous clothing lines, Ella Moss and Splendid, were acquired by the fashion holding company VFC in 2017.

Incubator 184
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Electric Car Sharing Company Envoy Sets $11 Million Series A

L.A. Business Journal

Envoy Technologies Inc., a Culver City company that operates electric car sharing services has raised $11 million in funding.

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COVID-19 Safety Guide For Reopening Businesses in LA

AllTopStartups

With cases of Covid-19 reaching the 1 million mark milestone in California and showing no signs of slowing, businesses which have remained closed during the pandemic may be looking to… The post COVID-19 Safety Guide For Reopening Businesses in LA appeared first on AllTopStartups.

Guide 64
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Snap Launches TikTok Rival, Spotlight

socalTECH

Venice-based Snapchat launched a new feature on Monday morning, called Spotlight/a> , which encourages its users to share their own, user-created videos. The new feature is aimed squarely at TikTok , and is being backed by an enticement of $1M a day being paid out to users who share the most popular clips to the service. The new feature is similar to both TikTok and Instagram's Reels.

Snapchat 147
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10 Ways Entrepreneurs Limit Their Creative Potential

Startup Professionals Musings

Every entrepreneur believes in their heart that their startup is more innovative and creative than their competitors. Yet none knows exactly.

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CoMotion LA Live

SoCal Tech Calendar

Wednesday, November 18, 2020 --.

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Venture firm M13 names former Techstars LA managing director, Anna Barber, as its newest partner

TechCrunch LA

The Los Angeles and New York-based venture firm M13 has managed to nab former Techstars LA managing director, Anna Barber, as its newest partner and the head of its internal venture studio, Launchpad. Designed to be a collaborative startup company incubator alongside corporate partners, Launchpad focuses on developing new consumer tech businesses focused on M13’s main investment areas: health, food, transportation, and housing.

Startup 178