December, 2016

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Snapchat will make Los Angeles a stronger tech hub

TechCrunch LA

If you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora. Companies like Google, Yahoo, Oracle and PayPal attract top talent for years; when they reach maturity or a major liquidity event, their talent disperses and germinates into the next generation of companies. It’s quite possible that Snapchat could do the same for L.A.

Snapchat 307
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How to think like a growth CEO

Berkonomics

Growth CEO’s differ from those who merely station–keep their way into the status quo, protecting the enterprise by reducing risk and cost – without creating a vision and action plan for growth. Here is a way to test yourself with a tool useful for any leader seeking to create positive change. Authors Jeanne Liedtka and Tim Oglivie have created a framework for creation of a new product or service – one worth spending at least a cycle of time for review.

Design 210
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The Coming Shift in Enterprise Software

Both Sides of the Table

Today it has been announced that I’m leading a $15 million funding round in Tact , a new generation of Enterprise Software company along with other investors including Microsoft Ventures and previous investors Accel and Redpoint Rather than just waxing lyrically about how great the company is I thought I’d provide some context about why I invested and also about a fundamental change I see in the coming years in the way enterprise software is used.

Software 197
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Domain Registry Company XYZ Gets Permission to Sell Domains in China

L.A. Business Journal

Domain registry company XYZ Inc. has been granted permission by the Chinese government to sell its dot-xyz domain suffix in China, potentially opening up a huge market to the Santa Monica startup. XYZ has sold more than 6 million dot-xyz domains globally. About 2 million of those domains were registered in China with tentative permission from the Chinese government.

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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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DTS Now Part Of Tessera

socalTECH

Calabasas-based surround sound and audio technology developer DTS is now officially part of Tessera , after Tessera completed its acquisition of DTS on Thursday, the companies said on Thursday afternoon. Tessera paid $850M in cash for DTS, in a deal which had originally been announced in May. Tessera said that it will introduce a new corporate name, stock ticker, brand, and logo during the first quarter of 2017 as a result of the acquisition.

Calabasas 162
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Good Things Happen When Two Transformative VC Trends Collide

InfoChachkie

A version of this article previously appeared in Forbes. There are two macro trends occuring within venture capital (VC) which are combining to have a […]. The post Good Things Happen When Two Transformative VC Trends Collide appeared first on John Greathouse.

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Five ways we are surviving long term

Berkonomics

Dave’s note: This week we invite long-time CEO of Quicksilver Software to respond to our question: “How have you remained relevant in the gaming software business over so many years?” He and his company have worked in the video game business since the very earliest generation of games in the early 1980’s. His company is one of the oldest independent studios in the business.

Offshore 210
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Welcoming the Newest Partner to Upfront Ventures

Both Sides of the Table

Today is amongst the proudest days I’ve had at Upfront Ventures — getting the chance to announce that Kevin Zhang has been promoted to Partner. Watching him develop over the past 4.5 years at Upfront has been both a pleasure and also has taught me a lot about venture capital. Kevin joined Upfront in 2012 as an Associate. We generally look for associates who are deeply quantitative, have great research & analytical skills and often have the tool kit for framing and making complex decisions.

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Launch in January Could Prove Big Lift to SpaceX’s Schedule

L.A. Business Journal

Space Exploration Technologies Corp., or SpaceX, is aiming to launch another rocket early next month, which would be its first attempt since a Sep. 1 explosion prompted the Hawthorne aerospace company to halt its launch schedule as it investigated the cause of the incident.

Hawthorne 193
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Reflections on 2016: Kevin Winston, Digital LA

socalTECH

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. This morning, we have Kevin Winston of Digital LA (www.digitalla.net), the organization which is LA's largest digital networking group and which is behind the Silicon Beach Fest, the first and largest tech, startup and entertainment conference in LA.

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50 Podcasts You Should Be Listening To—and 5 New Ways to Find Them

Xconomy

If you’re not much of a podcast listener and you have a sense that you’re missing out on a lot of great content, you’re absolutely right. But now is a good time to fix that, thanks to a new profusion of listening options. And to get you started, I have a few shows to suggest. Fifty of them, in fact. I’ve always been a big fan of podcasts—and I mean always, back to the days of the very first podcasts around 2004.

Content 87
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Startups: The Year That Was and The Year That's Ahead

SoCal Tech Calendar

Wednesday, December 14, 2016 -- Startups: The Year That Was and The Year That's Ahead. Cal Lutheran University Center for Entrepreneurship. Keynote Speaker: Ben Kuo, socaltech.com. We invite back Benjamin Kuo, editor and founder of socalTECH.com, for another year in review. He will talk about: What's going on in Southern California's entrepreneurial environment, and what were the noteworthy things that happened this year -- and what might be expect in the future?

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How to network like a ninja

Berkonomics

Dave’s comment: This week we welcome our perennial favorite contributor, Kim Shepherd, CEO of Decision Toolbox, to offer us her sage advice on a subject where she is expert. Outgoing, full of creative ideas, and certainly the best person to teach us how, here is Kim on networking… By Kim Shepherd . Networking with others you want to meet is second nature to some, but it fills others with dread.

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7 Startup Strategies For The Next Dot Com Billionaire

Startup Professionals Musings

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. The reality is that if you build a business you love, you may in fact make big money, but if you start a business to get rich, you will probably fail.

Startup 107
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Virtual Reality Developer Survios Raises $50 Million

L.A. Business Journal

Virtual reality video game producer Survios announced on Tuesday that it has raised $50 million in capital over two rounds this year from Metro-Goldwyn-Mayer, Lux Capital, and other investors.

Develop 155
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TeleSign Names New Chief Product Officer

socalTECH

Los Angeles-based TeleSign announced this morning that it has it named Tom Powledge as the company's new Chief Product Officer. Powledge was previously Vice President and General Manager at Hewlett Packard Enterprise (HPE), where he managed the company's ArcSign business. Prior to HPE, Powledge was Vice President of Managed Security Services at Cisco Systems, and also spent 20 years at Symantec.

Symantec 155
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Connect Hands Out 8 Most Innovative New Product Awards

Xconomy

Connect, the San Diego nonprofit supporting local innovation and entrepreneurship, handed out its Most Innovative New Product Awards at a dinner last night in La Jolla—recognizing innovations that range from an inflatable satellite antenna to a mobile app for art museums. Volunteer entrepreneurs, investors, and business executives evaluated 111 nominations in eight categories for the 29th annual awards.

Product 81
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Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group (2016-12-13)

SoCal Tech Calendar

Tuesday, December 13, 2016 -- Rewind/Unwind: A Digital Video Soiree Hosted by LA Digital Video Group. Rewind and unwind at our digital video industry mixer! Our VIP panelists will share their hot takes on the year that was in online video and digital media in general. Join us for lively opinions, refreshments, and games. Special guest panelists include: Roarke Boes, Director of Content Management, Omnia Media; Brian Nickerson, CEO and Co-Founder, MagicLinks; Joe Babarsky, Director of Creative In

Media 100
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How to make your recurring revenues oil and not glue

Berkonomics

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. There is a phenomenon I have observed time after time with mature companies receiving over 75% of their revenues from recurring sources. Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes wit

.Net 226
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11 Attributes Of Great Entrepreneurs I Have Known

Startup Professionals Musings

At some point in their life, hopefully everyone strives to be the best in their chosen profession. Most people think that being the best requires more intelligence, more training, and more experience. In reality, in business or even in sports, the evidence is conclusive that it is as much about how you think, as what you do. I saw this illustrated a while back in the classic sports book, “ Training Camp: What the Best Do Better Than Everyone Else ”, by Jon Gordon.

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Aecom Joint Venture Team Wins San Onofre Decommissioning Project

L.A. Business Journal

A joint venture team including L.A.’s Aecom Technology Corp. has been awarded a contract for part of the decommissioning process of the shuttered San Onofre nuclear generating station in northern San Diego County.

San Diego 155
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Procore Joins Ranks Of Southern California's Unicorns

socalTECH

Carpinteria-based cloud-based construction software developer Procore apparently has joined the ranks of the small number of Southern California's "unicorns"--those companies who are valued at more than $1 billion--with the funding the company announced on Thursday. According to the WSJ, the funding doubles the $500M valuation that the company had a year ago in its prior funding.

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San Diego Startup Raises $2.3M to Advance Enzymatic DNA Synthesis

Xconomy

Molecular Assemblies , a San Diego startup developing a new enzymatic method for synthesizing DNA, said today it has raised $2.3 million in a seed financing round. The funding will be used to hire more scientists and to advance the company’s development of enzymatic DNA synthesis technology, CEO Michael Kamdar said in an interview Friday. Molecular Assemblies says its enzymatic approach for making DNA was inspired by the way nature makes DNA.

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Startup Cafe

SoCal Tech Calendar

Tuesday, December 20, 2016 -- Startup Cafe #2. Hosted by Startups In The Sky @ Industrious Los Angeles. See https://startupcafe2.splashthat.com/.

Startup 100
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How to plan to make a successful acquisition

Berkonomics

One of my company CEO’s recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises. This CEO states that he has made it work twice when acquiring companies, and that is enough for him to make it his rule for all future acquisitions. If the target company is able to show a ten percent EBITDA (earnings before interest, tax, depreciation and amortization), then the acquisition team should be able to create a way to

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7 Ways To Think Outside the Box To Grow Your Business

Startup Professionals Musings

Too many entrepreneurs put their best creative thinking into the startup idea, and believe that the business implementation simply requires following tried and true business practices. In my experience as a startup advisor, nothing could be further from the truth. To win, you need to think outside the box to deliver a better customer experience, business model, and new positioning.

Ideas 103
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Core Innovation Capital Raises $71.5M for Financial Tech Investments

L.A. Business Journal

Core Innovation Capital of Hollywood, a financial services technology investor, has raised a second fund worth $71.5 million, according to a filing with the Securities and Exchange Commission.

Capital 159
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Reflections on 2016: Grant Hosford, codeSpark

socalTECH

This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Grant Hosford , the CEO and co-founder of codeSpark (www.codespark.com), the company behind the game The Foos (www.thefoos.com), which teaches kids to learn how to code just by playing the game. You can see all of our holiday reflections here.

Education 172
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Organovo Discloses First Preclinical Data on Human Liver “Patch”

Xconomy

After taking the first steps toward the development of living human liver tissue “patches” for therapeutic use, San Diego-based Organovo (NASDAQ: ONVO ) is laying out its pre-clinical data for the first time today. And the company says the results are promising enough to warrant further development of the technology. Organovo CEO Keith Murphy said in October that the company intends to use its 3D bio-printing technology to produce living human liver tissue for transplantation in patients with fa

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Talk Presents ENGAGE: The LA Digital Storytelling Conference [ LOS ANGELES ]

Tech.Co

“ENGAGE LA is an in-depth look at how the digital age is evolving and transforming storytelling. We are bringing all the successful elements from our dynamic Talk Forum NYC events to our third ENGAGE LA Forum. This experience will change how you view the world of content creation and consumption, with fresh perspectives that can be applied to a variety of areas, including social, mobile, retail, video, TV and film.

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The gift-giving platform that offers experiences instead of things

Tech Zulu Event

If you’re going to spend a good amount of money on a gift for someone, you want it to be something special, something thoughtful, something they can look back on in a few years time and be reminded of the wonderful person you are. After all, material things can only satisfy someone for so long – possessions can get lost or broken but good memories can last a lifetime.

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6 Steps To Success In Your Entrepreneurial Goals

Startup Professionals Musings

Too many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. In my experience, building a business is much more about getting things done than having great ideas. The challenge is to move from ideas to specific goals, to delivered solutions.

Writing 100
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Bam Ventures Launching Incubator for Brian Lee's Ideas

L.A. Business Journal

Bam Venture Partners has started raising a second $30 million fund which it will use, in part, to invest in and incubate startup ideas thought of by Brian Lee, co-founder of the fund and chief executive of the Honest Co. of Playa Vista. What capital isn’t used for the incubator will be invested in seed and early stage deals, similar to the sort of investments made by the first Bam Ventures fund, said Lee.

Incubator 148
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Somabar Snags $1.5M For Robotic Bartender

socalTECH

Los Angeles-based Somabar , which is developing a robotic bartender which automatically mixes cocktails for you, has raised $1.5M in a bridge funding round, according to lead investor the Tech Coast Angels. The TCA said that the round also included members of the Harvard Business School Angels and the Duke University Angel Network, as well as local private equity fund rainforest.LA.

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Craig Venter Used Own Posh Health Clinic To Diagnose His Cancer

Xconomy

Speaking at a conference in San Francisco Wednesday, geneticist Craig Venter revealed that he had just had surgery for prostate cancer three weeks ago. A health workup at his own high-end clinic, Health Nucleus, pinpointed the cancer. Famous for leading one of two teams in the 1990s that raced to unlock the human genome, Venter said he had surgery soon after the diagnosis because the cancer was classified as “high grade,” meaning likely to grow and spread quickly, according to the Na

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Hero Conf Los Angeles [ LOS ANGELES ]

Tech.Co

“Hero Conf Los Angeles marks our sixth annual US event, where PPC fanatics gather to share a passion, collaborate on solutions and simply have fun while learning about the latest trends in paid search. Hero Conf is hosted by the experts behind PPC Hero and is an event tailor-made for digital advertising pros ready to discuss tactics and actionable ideas to implement within their accounts.