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Allowing small problems to escalate into big ones is simple. Just ignore the signs for long enough and the job is done. It takes far more energy to review regularly the key performance indicators you’ve established for each individual and yourself. But a small excursion caught early and corrected saves massive corrective resources later. Take for example the manufacturing company with a small quality problem in one component, resulting in a test failure rate above the norm.
Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M.
Back in 2001, I started my 3rd company out of my 3rd bedroom in my newly rented townhome on the beach after separating from my oldest son’s mother. I had no choice. I had just sold my last company and I needed to keep busy. I built and built and built and one day, I wrote a business plan and sent it off for review to an angel funding group. I pitched 4 locations, including Hawaii.
Social Reality’s stock price spiked more than 70 percent to close at $4.90 a share Tuesday after the marketing software developer announced an initial coin offering.
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.
A version of this article previously appeared in Forbes. Marketing automation company HubSpot recently surveyed its users, asking them a variety of startup questions. Some […]. The post Which Of These 7 Fears Are Keeping You From Being An Entrepreneur? appeared first on John Greathouse.
The better you understand someone, the more you will be able to relate to them in all areas of life. This is just some advice from Alejandro Rioja , CEO of Flux Ventures. We asked him about building relationships and advice for founders needing to expand their network. What is one practical tip you’d give a young entrepreneur who is just setting out to build a professional network?
Close. How about employees all the way down the line and through the corporation? How do we align them to the goals and strategies of the enterprise? Obviously for the appropriate individuals, a bonus program aligned to the department’s goals is appropriate. But how about awarding stock options for all employees? I discovered the power of ownership early in my management career, establishing an employee stock ownership plan (ESOP), once popular as incentive compensation as well as a tax write-o
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Close. How about employees all the way down the line and through the corporation? How do we align them to the goals and strategies of the enterprise? Obviously for the appropriate individuals, a bonus program aligned to the department’s goals is appropriate. But how about awarding stock options for all employees? I discovered the power of ownership early in my management career, establishing an employee stock ownership plan (ESOP), once popular as incentive compensation as well as a tax write-o
The University of Southern California 's Viterbi School of Engineering says that its new, entering class of students to the school is 44 percent female--significantly higher than the national average--thanks to its efforts to reach out to women and other underrepresented minorities in engineering. According to USC Viterbi, that number is a historic high for the school.
Sunday, November 5, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas.
Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined.
A version of this article previously appeared in Forbes. Earlier this year, I had the pleasure to hear Kit Cooper interview World Series of Poker […]. The post Hiring Lessons From Annie Duke: World Series Poker Champ appeared first on John Greathouse.
Entrepreneur-turned-venture capitalist Vinod Khosla made big headlines almost six years ago when he wrote a blog post called “Do We Need Doctors or Algorithms?” In it, he said medicine needed to be reinvented and he predicted a new era in which artificial intelligence might replace most of the functions that doctors do now—and do it much better, leaving physicians free to concentrate on the human element of care.
Close. In 1981, Herb Cohen wrote and published “ You Can Negotiate Anything ”, an excellent guide to great negotiating. I’ve read and reread the book a number of times and find myself using the techniques often in many areas of my life. One of his lessons remains clearly on my mind and is a variant of the old “You name the price and I’ll name the terms” challenge that works so well in negotiation.
Santa Monica-based Tapatalk , which develops mobile community software apps used heavily by online forums, has acquired Panjo , a marketplace for gear for auto, sport, and hobby enthusiasts. Financial details of the acquisition were not announced. Tapatalk said the deal was for cash and stock. Tapatalk's software provides mobile-friendly access to web-based forums and online communities.
Saturday, November 4, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas.
Larta Institute, an accelerator for small businesses in the health care, agriculture and energy sectors, announced this week that its Larta Inc. subsidiary had been granted an exclusive Department of Energy contract to aid small businesses across the country.
A version of this article previously appeared in Forbes. Note: This is Part II of High School dropout growth hacks. Part I can be […]. The post High School Dropouts Use Common Sense To Amass Millions appeared first on John Greathouse.
In mid-October, eleven college students will be flying to California for an opportunity that would be the envy of any Ivy League MBA candidate—they’ll meet the venture capital firm partners who will personally mentor them throughout the school year. The students—all but one are undergraduates—come from campuses in Prairie View, Texas; Tallahassee, Florida; and Nashville, Tennessee.
Close. Recently I was asked to review an offer letter for a senior director of business development. The CEO was concerned that he was offering far too much in the form of incentive compensation, with bonuses that could greatly exceed the base salary if all the bonus items were achieved. I asked the CEO to imagine what the company would look like if all those bonus-expensive items were completely achieved in one year.
Steve Poizner is a serial tech entrepreneur and was formerly California Insurance Commissioner, and recently founded the Alliance for Southern California Innovation (www.alliancesocal.org), a nonprofit which has gathered together an impressive list of research universities, technology leaders, and others to help boost the profile of Southern California in the technology industry.
Friday, November 3, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas.
The Public Investment Fund of Saudi Arabia said Thursday it had reached a non-binding memorandum of understanding to invest $1 billion in space tourism company Virgin Galactic.
Los Angeles-based online car rental service HyreCar is expanding its reach in the Madison, Wisconsin area, through a link with personal chauffeur app developer RideAlfred. According to the two, HyreCar's inventory will be available to drivers for RideAlfred in Madison. HyreCar lets drivers who aren't using their vehicles rent them out to others. The companies said they are looking to make it easier for people who wish to earn money as drivers for RideAlfred drive for the service, and other ride-
Santa Clara- and San Diego-based ServiceNow said on Wednesday that it has acquired San Mateo-based SkyGiraffe , a developer of a mobile software development platform. Financial details of the buy were not disclosed. ServiceNow said the buy will help its customers easily deliver "consumer-like" mobile experiences for applications build on its Now Platform.
If you're an NCAA fan, and you've loaded the app for your favorite team, there's a high likelyhood that the app is actually the product of El Segundo-based Hopscotch (www.gohopscotch.com). Hopscotch, led by Laurence Sotsky , has built software which enables sports teams, venues, and others to rapidly create mobile apps for their fans. We caught up with Lauren to hear about Hopscotch, and why teams and schools are turning to the company to power their mobile apps.
Unmanned aerial systems maker Insitu , which has its Commercial Division based in Costa Mesa, said today that it successfully deployed its Insitu ScanEagle as part of the response to Oregon's Eagle Creek wildfire. Insitu said its systems were used to aid firefighters suppressing the Eagle Creek fire, by helping to provide incident perimeter maps, identifying spot fires, locating fire lines and hotspots, and providing near real-time video feed and still images of critical infrastructure, historic
General Motors Co. announced on Monday that GM Cruise, its self-driving car subsidiary, had acquired Strobe, a Pasadena startup developing a technology that uses lasers to measure distances to other objects.
Hawthorne-based SpaceX successfully put the Koreasat-5A into space on Monday, successfully launching another satellite into space, and again successfully landing the first stage of its Falcon 9 rocket on a drone ship in the Atlantic. SpaceX launched the Koreasat-5A from NASA's Kennedy Space Center in Florida at 3:34 p.m. EDT, landing the first stage of the Falcon 9 on its droneship at approximately 3:44 pm.
Total venture capital investment dollars in 2017 are on their way to a decade high, according to a new report issued today, with $21.5 billion invested in the third quarter in more than 1,699 companies. The 3Q 2017 PitchBook-NVCA Venture Monitor report said the latest quarter worths of investment brings 2017's total to $61.4 billion across 5,948 deals to date.
Santa Monica-based PatientPop , the developer of healthcare scheduling and practice management software for healthcare providers, has linked up with electronic health records software developer Greenway Health. According to the two companies, they have added patient scheduling integration between Greenway Prime Suite and PatientPop's practice management software.
Brea-based ViewSonic , the developer of flat panel displays and other display products, says it has linked up with Logitech , via the Logitech Collaboration Program (LCP). ViewSonic said the link will offer up a higher level of product integration with Logitech's products in the video conferencing and collaboration area. READ MORE>>.
Los Angeles-based Ground Control , the new digital content startup led by serial entrepreneur Mike Macadaan, is powering a new online site, Biden's Briefing , which features podcasts and other content from former Vice President Joe Biden. Ground Control--which is venture backed by CAA --says that the new site is a collaboration between the company and the Creative Artists Agency.
Los Angeles-based Cloud9 , an e-sports organization which participates in the League of Legends, Call of Duty, Counter-Strike: Global Offensive, Hearthstone, and many other e-sports leagues, said Monday that it has raised $25M in a series A funding. The funding included WWE, The Beverly Hills Sports Council, Raul Fernandez (Monumental Sports & Entertainment), Michael Ovitz (CAA), Founders Fund, plus David Sacks and Bill Lee.
Welcome to Tech Scenes where we explore what makes tech founders and the cities they live in thrive. In this solo episode we meet up with John Tomich and talk about Onestop Internet , the growing changes in ecommerce, explosive growth, and the long history of tech startups in Los Angeles. Watch Tech Scenes Episode One where we explore Los Angeles from Santa Monica, West Hollywood, to Compton and meet up with Royce Disini of Mobcrush, Greg Bettinelli of Upfront Ventures, Leura Fine of Laurel and
Illumina Ventures , the early-stage venture capital investor which was founded by San Diego-based life sciences equipment maker Illumina , says it has raised $230M for its first fund. The venture capital investment fund said it is focused on genomics, and will invest in companies in the areas of life science research, clinical diagnostics, novel therapeutic platforms, and other technologies impacting human health.
San Diego-based Qualcomm is facing more overseas antitrust woes, and has just been fined $773.9M by Taiwan's Fair Trade Commission. According to the Fair Trade Commission, Qualcomm unfairly exercised a "monopoly position" for its chips used in mobile communications for seven years, and ordered Qualcomm to pay 23.4 billion Taiwan dollars in penalties.
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