TechEmpower
MAY 28, 2020
Round 19 of the TechEmpower Framework Benchmarks project is now available! This project measures the high-water mark performance of server side web application frameworks and platforms using predominantly community-contributed test implementations. Since its inception as an open source project in 2013, community contributions have been numerous and continuous.
TechCrunch LA
MAY 13, 2020
So, an eight-year product veteran from Facebook and an internationally renowned barista walk into a coffee bar… It’s not a joke. It’s the origin story for Taika , a new startup that’s aiming to bring natural stimulants to the masses through its juiced up coffee-beverages. The two co-founders, Michael Sharon, an eight-year veteran of Facebook’s mobile product division, and Kalle Freese, a champion barista (it’s a thing) and the co-founder of Sudden Coffee are o
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Both Sides of the Table
MAY 20, 2020
Photo by Viktor Forgacs on Unsplash I was listening to Dan Primack’s podcast on Pro Rata and he was interviewing Senator Klobucher who is now publicly and vocally speaking out against Uber purchasing Grubhub and has tried to mobilize against this. Her argument is that if Uber buys Grubhub (which itself once merged with Seamless) it would mean that Uber Eats / Grubhub would control half the market and that with DoorDash the two together would control 90% of the market.
L.A. Business Journal
MAY 4, 2020
Modern Animal Inc., a company that provides telemedicine services in its veterinary clinic, opened its first location in Beverly Grove in April.
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.
socalTECH
MAY 15, 2020
A new, 60,000 square foot lab and research center in port Hueneme has been set up by the U.S. Navy and its NavalX unit, to help reduce barriers between the Navy and non-traditional partners such as start-ups, small businesses, academia, non-profits, and private capital. According to NavalX, Port Hueneme is one of six new "Tech Bridge" locations for its NavalX Tech Bridge effort, and will be based at the FATHOMWERX laboratory at the Port of Hueneme.
Startup Professionals Musings
MAY 22, 2020
Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Yet if you are on the other side of the table, there are some other key questions that you need to ask, which will tell you more about the real success prospects for this business.
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TechCrunch LA
MAY 21, 2020
When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago , the upstart fintech startup was one of Los Angeles’ early entrants into a financial services market dominated by players from Europe and the financial capital of the U.S. in New York City. Fast forward four years and the big New York fintechs are still around, but Cherny’s Aspiration remains undimmed and has today disclosed a $153 million funding round to get even bigger
Both Sides of the Table
MAY 19, 2020
Bevy is Emerging as a Leader in Software for Building Virtual Communities?—?with $15 million to Prove It The venture capital world has started firing up a few cylinders again and looking for businesses that it believes will help us all succeed in ways that resonate with new ways of working as we begin to return to work. It’s clear things have changed for good and the need for managing remote communities of employees, customers and partners has become ever more important.
L.A. Business Journal
MAY 18, 2020
Finli Inc., a downtown-based fintech startup, is adapting to the Covid-19 crisis by helping its customers adapt.
socalTECH
MAY 7, 2020
Irvine-based data science and analytics software developer Alteryx says it is offering up free training to help train workers who have found themselves unemployed due to the COVID-19 pandemic. According to Alteryx, the new program--Advancing Data and Analytics Potential Together (ADAPT)--is an extension to its corporate social responsibility initiative, Alteryx For Good.
Startup Professionals Musings
MAY 23, 2020
It’s still popular these days for startup founders to operate in stealth mode, meaning no details about the idea or progress are shared with anyone until the big reveal and rollout. The common reason given is that this prevents any competitor from stealing their idea and beating them to market. In my view, this paranoid approach costs them much more than the risk of being open.
Berkonomics
MAY 21, 2020
Assuming that a corporate whistle-blower is not tooting about you individually, such a class of people have been granted protections under the law and serve a function that needs to be acknowledged. Motive of the whistle-blower. First, the assumption is that such a person is not making his or her gesture for personal profit, but to give proper notice that there is something illegal going on within the company that the person cannot accept and must tell someone about.
TechCrunch LA
MAY 12, 2020
This morning, Snap joined a host of startup accelerators shifting its demo day online amid the COVID-19 quarantine. With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation. The event kicked off with a few words from CEO Evan Spiegel and soon transitioned into a succession of live-streamed pitches from the 10 startups in Yellow’s latest batc
Xconomy
MAY 22, 2020
COVID-19 has ravaged the economy, and it was expected to quash the IPO market, too. But the biotech sector is defying the pandemic with crossover financings and freshly minted public companies. On Friday, three firms added their names to the list of life science companies preparing to join the public markets. Gene therapy company Generation Bio, vaccines developer Vaxcyte, and cancer diagnostics maker Burning Rock Biotech each filed IPO paperwork just ahead of the Memorial Day weekend.
L.A. Business Journal
MAY 4, 2020
Space Exploration Technologies Corp., the Hawthorne-based aerospace company, was awarded a $135 million contract by NASA as part of a nearly $1 billion effort to return astronauts to the moon by 2024.
socalTECH
MAY 19, 2020
Los Angeles-based Shayre , a new startup developing data sharing software, says it has launched a new, "cloud-free" file sharing solution, aimed at enterprise businesses. According to Shayre, it has developed a point-to-point and point-to-multi-point software for file transferring and synchronization suited for enterprise businesses, which allows for unlimited files and file sizes to be transferred between devices.
Startup Professionals Musings
MAY 17, 2020
Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm.
Berkonomics
MAY 14, 2020
Its a new world out there. Some businesses never sent people to work from home, told they were “essential businesses.” Soon more will reopen as weeks and months go by. That’s a relief for most of us from the combination of boredom and lack of social interaction. Even if we were safer at home as we became experts sharing screens in Zoom.
TechCrunch LA
MAY 24, 2020
Fashion is having its moment in the metaverse. A riot of luxury labels, music, and games are vying for attention in the virtual world. And as physical events and the entertainment industry that depends on them shuts down, virtual things have come to epitomize the popular culture of the pandemic. It’s creating an environment where imagination and technical ability, not wealth, are the only barriers to accumulating the status symbols that only money and fame could buy.
Xconomy
MAY 26, 2020
Privately held biotech ViaCyte has banked $27 million, the majority an installment of cash from a tranched $80 million Series D financing round it closed in late 2018. The company says the money will go to further develop the three diabetes treatment programs it has underway, including enough prep work to enable it to bring the latest addition to its pipeline, which uses gene-editing, into clinical trials.
L.A. Business Journal
MAY 11, 2020
Rocket propulsion manufacturer Aerojet Rocketdyne Inc., a subsidiary of El Segundo-based Aerojet Rocketdyne Holdings Inc., was awarded a $1.79 billion follow-on contract by NASA to manufacture engines.
socalTECH
MAY 11, 2020
UK-based CrowdVision Ltd. , a developer of analytics software, and Los Angeles-based iinside , a developer of indoor motion detection, have merged, and set up their headquarters in Los Angeles. According to the companies, the newly merged company, CrowdVision, Inc., will be led by David Teed, the current CEO of CrowdVision. According to the two companies, they will be developing solutions for the smart airport and smart city market.
Startup Professionals Musings
MAY 16, 2020
Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). In my experience, both are always required in heavy doses. There are no “can’t fail” shortcuts or “get rich quick” scenarios. That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing m
Berkonomics
MAY 7, 2020
Have you ever lost all your data on your smartphone, laptop, company server or desktop PC? If not, it is probably only a matter of time until you do. Those of us who have experienced this heart-stopping event now regularly back up our data and many of us create daily images of our entire hard drives often, ready this time to address an effective recovery.
TechCrunch LA
MAY 14, 2020
A little over a year after its graduation from Y Combinator’s demo day, the on-demand construction materials delivery service Curri is beginning to offer its services in all 50 states. Co-founded by Matt Lafferty and Brian Gonzalez, Curri aims to solve one of the major hurdles for local construction suppliers who miss out on sales because of an inability to deliver to contractors when they need it.
Tech.Co
MAY 26, 2020
Jeff Bezos didn't get to be the world's richest man by writing a lot of checks, and one recent way to keep Amazon's profits healthy has been to cut its affiliate commissions scheme. Amazon used its popular affiliate program to spur additional growth, getting reviewers and publishing sites – including us here at Tech.co – to link to Amazon in exchange for a small payout whenever a reader bought something by following that link.
L.A. Business Journal
MAY 25, 2020
Santa Monica-based ecommerce startup Tapcart Inc. has raised $10 million in a Series A round led by San Francisco-based SignalFire.
socalTECH
MAY 4, 2020
San Diego-based EDF Renewables North America and Iowa energy company Alliant Energy said they have commenced commercial operation of a 200 MW wind project. According to the two, the 200 megawatt Golden Plains Wind Project started operations on March 27th, and is now serving Iowa customers. The project is based in Winnebago and Kossuth counties in the north central portion of Iowa.
Startup Professionals Musings
MAY 15, 2020
As an angel investor, I see plenty of startups focusing on building an innovative product, but I’m looking for the few who are also leading with an exponential growth strategy, to put them in the category of the next Amazon or Google. Traditional marketing may be adequate for linear growth, but it likely won’t catapult you to Amazon’s unicorn status , or make waves in the business world.
Xconomy
MAY 20, 2020
Biotechs are increasingly looking to leverage a mechanism cells use to get rid of unwanted proteins to drug targets previously considered out of reach. Roche ponied up $135 million upfront this week to work with Vividion Therapeutics in search of small molecules that use that “protein degradation” process to do just that. The drug discovery agreement is seeking small molecule drugs that can hit proteins considered “undruggable” by designing therapies that prompt the proteasome—
TechCrunch LA
MAY 19, 2020
The acute pain of California’s housing crisis can be measured in the human toll it takes on the increasing numbers of families made homeless by rising rents and the billions of dollars the state loses to the high cost of living. After wrestling with recalcitrant homeowners, husbanding their parcels of land to keep their property values high, the state’s leadership passed a law that increased the availability of new rental units and put more money into homeowners’ pockets in 201
SoCal Tech Calendar
MAY 28, 2020
Wednesday, June 3, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 6/3/20 - Ben Narasin, Venture Partners, NEA.
L.A. Business Journal
MAY 25, 2020
Gaming companies, already a nimble bunch, are adapting and even thriving in a Covid-19 world.
socalTECH
MAY 5, 2020
A division of Pasadena-based Caltech , the Caltech Center for Technology and Management Education (Caltech CTME), is teaming up with Fullstack Academy to offer up a cyber training program online, Fullstack said on Tuesday. According to Fullstack Academy, the Caltech CTME Cybersecurity Bootcamp by Fullstack Academy is intended to turn beginners into cybersecurity professionals in as little as 12 weeks.
Startup Professionals Musings
MAY 18, 2020
If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. According to Investopedia , over 90 percent of successful businesses currently start this way.
Xconomy
MAY 19, 2020
Amplyx Pharmaceuticals has completed enrollment in one mid-stage trial of its lead drug candidate, a new kind of antifungal treatment, and has finished treating the first patients in two more such studies. Now the San Diego-based company has added $53 million to a round of funding it first closed in 2017, money that it plans to put toward continued evaluation of the investigational antifungal treatment, fosmanogepix.
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