August, 2017

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Love letter to a … battery backup.

Berkonomics

Well, if you’ve had a computer long enough, it has certainly happened to you. Power surges, power outages, surges upon reinstatement of power, low or high voltage from your utility (brownouts or surges.) I’ve had all of these over the years and lost equipment from motherboards to microcells. And I’ve lost data due to sudden power loss. I have worried over every wind storm or thunderstorm.

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Panda Pop passes 100 million users as Jam City readies for an IPO

TechCrunch LA

The flagship game from Los Angeles-based mobile game developer Jam City, Panda Pop, has reached over 9.3 million monthly active users and climbed above its 100 millionth download. The tentpole game for Myspace founder Chris DeWolfe’s latest LA-based juggernaut of a company has certainly had its moment. Read More.

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What Do Boards Actually Do?

Both Sides of the Table

There’s a lot of mystique about what happens at board meetings and a lot of imagined board-room drama. I read commentary or Twitter or blogs and realize that there are also strongly held convictions that there are these evil VCs who do terrible things to mostly altruistic founders. The image of boards and of investors vs. founder conflicts has been so at odds with my experiences on dozens of boards over the past 20 years that I thought it was worth sharing what I actually see.

Startup 217
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City of Los Angeles Launches Cyberattack Warning Center

L.A. Business Journal

L.A. Mayor Eric Garcetti on Tuesday announced the launch of the Los Angeles Cyber Lab, a public-private data-sharing center for alerting local businesses and residents to cyberattacks.

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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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Esri Teams To Use Drones To Help Fight Wildfires

socalTECH

Redland-based GIS technology and software provider Esri is helping to power a new product, which is using military drone technology to help fight wildfires. According to FireWhat , Esri , and unmanned aerial vehicle maker Insitu , they've created a system for aerial reconnaissance of wildfires. The system taps Insitu's ScanEagle aerial vehicle, Esri's geographical information systems (GIS), and support from FireWhat's fire professionals, to help provide data collection and spatial analytics of f

Help 185
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7 Crowdfunding Rules That Can Boost Your Campaign

Tech.Co

Once a novelty act reserved for indie band albums and curious art projects, crowdfunding is starting to play a major role in the world of startups and new products. The appeal is obvious: crowdfunding lets creators and entrepreneurs raise money directly from their community and potential customers, and unlike the traditional approach of funding through VCs and investors, crowdfunding money is truly no strings attached.

Startup 93

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Panda Pop passes 100 million users as Jam City readies for an IPO

TechCrunch LA

The flagship game from Los Angeles-based mobile game developer Jam City, Panda Pop, has reached over 9.3 million monthly active users and climbed above its 100 millionth download. The tentpole game for Myspace founder Chris DeWolfe's latest LA-based juggernaut of a company has certainly had its moment.

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11 Quick Tips to Get More Value out of Your Board

Both Sides of the Table

Many board meetings are bored meetings. Management teams whisk through slides trying to get through a presentation to share how great things are going and they are eager to get through the meeting so they can get back to their real jobs. This is a shame since the value that the right board could add is immense if you select the right board members and manage them effectively.

Tips 212
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‘FabLab’ Gives Northrop’s Engineers Room to Experiment for Fun, Profit.

L.A. Business Journal

Northrop Grumman has set up a “FabLab” to help launch projects by the company’s engineers.

Help 197
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Silversheet Gets $5M For Medical Credentials

socalTECH

Los Angeles-based Silversheet , a startup which is modernizing the process of medical credentialing, said on Monday that it has raised $5M in a Series A funding round. The funding was led by Summation Health Ventures. Silversheet, which was co-founded by Dr. Miles Beckett, Dr. David Rakoff, Pat Cheung, and Steve Seigel, has now raised a total of $10.2M.

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5 Design Apps to Help You Plan Home Renovations

Tech.Co

If you are tired of the outdated look in your home, you do not need to buy a new home or move to another house. You can remodel your house and give it a modern outlook. Luckily, you use design tools on your mobile device to help you with different aspects of renovations. The apps are useful to homeowners who intend to do renovations on their own and to professional constructors and designers.

Design 24
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There’s no second chance to create first quality.

Berkonomics

Close. Let me illustrate this insight with a personal story. As my enterprise computer software company which produced innovative lodging systems for hotels and resorts grew quickly, we found ourselves straining to keep up with the hiring and training of good customer support representatives, a critical part of the equation then and still so today in the 24-hour environment of hotel front desk operations.

Training 243
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Taking Tech Ideas Global: Connecting an Innovation Ecosystem

Xconomy

The word ecosystem conjures up a rain forest in Ecuador, where sunlight, soil, water, and a multitude of species exist together in a self-sustaining environment that is constantly evolving. This image from biology translates perfectly into what many people like to call an innovation ecosystem. Think of a group of people developing a new idea, all doing what they are good at.

Ideas 100
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Silicon Beach Networking Mixer At Wurstkuche in Venice

SoCal Tech Calendar

Wednesday, August 30, 2017 -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join the fastest growing startup and tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Register immediately for an early bird ticket.

Venice 100
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New Alternative Restaurant Delivery App Launches in Los Angeles.

L.A. Business Journal

Some local restaurants are trying a new alternative to delivery to bring in customers with an app that launched in Los Angeles County Tuesday.

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UCLA Extension Creates New Innovation Lab Program

socalTECH

UCLA Extension , the extension arm of UCLA, said today that it is launching a new, membership program called the Silicon Beach Innovation Lab , where it will look to deliver networking opportunities, hackathons, webinars to entrepreneurs and professionals. According to UCLA Extension, the new membership program--part of its new "Digital Technology Department"--aims to provide access to executives and founders through webinars and special events, as well as real world projects in collaboration wi

UCLA 157
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4 Tools to Help Startups Find Quality Leads

Tech.Co

Finding potential customers continues to be a huge challenge not only for established marketing and sales teams but also for startup executives and solo entrepreneurs. A study in 2013 showed that 61 percent of marketers found it hard to generate high-quality leads. It is not that there is a lack of lead generation tools, particularly for business-to-business (B2B) firms.

Tool 73
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Haste makes waste; but to lag is to sag.

Berkonomics

Close. Let’s examine the relationship between time, quality and competitiveness. If you are getting the impression from these many insights that complex relationships cause simple problems, you are right. We have heard the “haste makes waste” ditty since childhood. There is little need to reinforce the obvious. On a larger scale, there are epoch stories of giant companies eating massive losses in a recall of product, often based upon limited testing before release.

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Wasted time is money lost.

Berkonomics

Close. There is a relationship between time and money that is more complex than most managers think. Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

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Greatly exceed early customer expectations.

Berkonomics

First customers are critical. Greatly exceed expectations at all costs. There is so much history behind this insight, and so many stories that illustrate this point. Your first customers for any product or service form your reference base, the important group of allies that your marketing and sales people rely upon when attempting to create buzz and make a mass market for a new product.

Customer 243
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Auto Parts Maker Deals for EV Edge

L.A. Business Journal

Motorcar Parts of America steers toward the electric-vehicle market with recent acquisition.

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Hopscotch Signs 40 Collegiate Programs for Sports App

L.A. Business Journal

Sports app developer Hopscotch of El Segundo announced on Monday that it signed up more than 40 athletic programs as customers last month.

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Pay Gap Widens Between Women and Men in Los Angeles Tech Industry

L.A. Business Journal

The pay gap between women and men in tech jobs in Los Angeles widened 15.5 percent on average for the time period of 2011 to 2015 compared with the previous five years, according to an estimate by the U.S. Census Bureau’s American Community Survey.

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Patrick Soon-Shiong’s NantHealth to Lay Off 300 Employees, Sell Health Care Software

L.A. Business Journal

NantHealth Inc. announced plans Thursday to lay off about 300 of its staff and sell its provider and patient messaging platform to Allscripts in a move that it expects to save the company more than $70 million annually, according to a filing with the Securities and Exchange Commission.

Software 165
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Los Angeles Rams Owner Stan Kroenke Buys E-sports Team

L.A. Business Journal

Los Angeles Rams owner Stan Kroenke and his son, Josh Kroenke, have purchased a franchise for a local e-sports team, according to Activision Blizzard’s Overwatch League, a professional video gaming competition.

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Greycroft Partner Launches Investment Fund Targeting Video Games, Virtual and Augmented Reality.

L.A. Business Journal

Jon Goldman, a venture partner at downtown’s Greycroft Ventures, has closed $15.6 million in investment commitments for a new fund looking to back companies in the virtual reality, augmented reality and e-sports industries.

Invest 157
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How Gigmor Is Looking To Connect Musicians With Gigs, with David Baird

socalTECH

Santa Monica-based Gigmor (www.gigmor.com) is an online marketplace for musicians, and recently expanded beyond connecting musicians with each other, to connecting musicians with venues, club organizers, and others. We caught up with the company's founder and CEO, David Baird , a former AOL executive, to learn more about what Gigmor is working on. What is Gigmor?

Startup 150
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March Capital Leads Funding For Satellite Imagery Analysis Startup

socalTECH

Los Angeles-based March Capital appears to be having a busy investment week this week, and has led an $30M, Series B funding in Santa Fe, New Mexico-based Descartes Labs , a developer of software used for satellite imagery analysis. Descartes Labs said the Series B funding was led by March Capital, and also included prior investors Crosslink Capital and Cultivian Sandbox.

Capital 150
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Triple Taps Augmented Reality To Sell Furniture

socalTECH

Los Angeles-based Triple , a startup developing augmented reality applications, said today that it has launched a new app to let users shop for furniture--and see how that furniture looks like in their home or office. The venture backed company's app-- currently only available for iOS --let users search for different furniture from such stores as Design Within Reach, Article, CB2, Crate & Barrel, West Elm and Restoration Hardware, and "drag and drop" that furniture into real life augmented r

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Ember Raises $13M For Temperature Controlled Mug

socalTECH

Westlake Village-based Ember Technologies , the maker of a temperature controlled, thermal mug, has raised $13M more in funding, the company disclosed today. Source of the funding was not announced. Ember, led by Clay Alexander, says its team includes product designers and engineers formerly with Apple, Google, Nokia, Microsoft, and Amazon Labs. Ember's mug allows users to rapidly cool drinks to their exact preference, and maintain the temperature of their favorite drink to any setting between 1

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Bright Spot In Australia?

L.A. Business Journal

SolarReserve hopes a $512 million project in Australia will heat up demand for its power plants.

Demand 147
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Zynx Health Rolls Out API

socalTECH

Los Angeles-based Zynx Health , a developer of healthcare software and content, said this morning that it has opened up access to its content via a new API. The company said the Zynx Health API is aimed at third -party solution providers, allowing them to leverage its content to help healthcare organizations with delivery of patient care. Zynx said its API returns content using the standard, Fast Healthcare Interoperability Resources (FHIR) format.

Content 147
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Yuneec Aims At Commercial UAV Market

socalTECH

Yuneec International , the Chinese drone maker which has its U.S. headquarters in Ontario, California, said today that it has launched into the commercial unmanned aerial vehicle (UAV) market, with its first product dedicated to commercial use. Yuneec says its new H520 sUAS includes enterprise-grade cameras and mission planning software, with the intent of supplying the public safety, construction, inspection, video production, and other markets.

Marketing 145
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Silicon Beach Report Aug. 29: Pay Gap Widens Between Women and Men in Los Angeles Tech Industry

L.A. Business Journal

Pay gap widens between women and men in Los Angeles tech industry, Tastemade expands its live events with Smorgasburg partnership and drone companies to be honored at Emmy awards.

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Elon Musk's Newest Company Gets Funding To Connect Humans, Computers

socalTECH

Elon Musk , the CEO and founder of Los Angeles-based SpaceX , has a new company, Neuralink , which is looking to create a brain-computer interface--and now has $26.96M in the bank. According to a regulatory filing, Neuralink has raised $26.96 million from 12 investors. Elon Musk, in a Tweet, said that the startup is not raising additional money, despite indications otherwise in the firm's regulatory filings.

Companies 145
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Silicon Beach Report Aug. 25: Snapchat Builds Relationship with Social Media Stars After Years of Ignoring Them

L.A. Business Journal

Snapchat builds relationship with social media stars after years of ignoring them, rocket industry worries government might dump ICBM engines on the market and Panda Pop passes 100 million users as Jam City eyes IPO.