February, 2017

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Understanding What’s Going on in #LATech

Both Sides of the Table

Upfront Ventures was created 20 years ago as one of the original VC funds in Los Angeles. Back then only 15% of our dollars were invested locally whereas today 50% of our dollars are invested in LA. 10 years ago we found ourselves trying to persuade LPs and VCs that it was worth spending more time getting to know the LA market and now the most common refrain that I hear from them is “there really is something going on in LA.

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EnumSet and EnumMap

TechEmpower

This article discusses java.util.EnumSet. and java.util.EnumMap. from Java's standard libraries. What are they? When should they be used? Could the implementations be improved? Could the APIs be improved? Conclusion. What are they? EnumSet. and EnumMap are compact, efficient implementations of the Set and Map interfaces. They have the constraint that their elements/keys come from a single enum type.

Java 330
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Trending Sources

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Will you be happy at your finish line?

Berkonomics

Have you figured out what you want to have, or to be, when you reach the end of your personal run in this business life? It is a fair question. Most of us work in our businesses, either as managers or owners, and rarely step outside to think about how this will end in a perfect world. Investors call this discussion “exit planning” and of course they include themselves in the.

Course 256
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L.A. Startups Received $369 Million in Seed Funding in 2016

L.A. Business Journal

Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.

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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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The HomeFinder Group, Led By RealtyTrac Vet, Acquires HomeFinder.com

socalTECH

Irvine-based The HomeFinder Group , led by RealtyTrac veteran Michael Sawtell, has acquired HomeFinder.com. Financial terms of the acquisition were not disclosed. Newly formed The HomeFinder Group (THG) says it will focus on lead quality and conversion for brokers, agents and mortgage lenders through its own consumer facing web sites. HomeFinder was previously owned by real estate technology developer Placester.

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Doppels Is the Birthday Matching App You’re Going to Love

Tech.Co

On your birthday, something special happens on social media: you receive hundreds of likes and well wishes from friends, family, high school classmates and people you haven’t talked to for years on Facebook. And while this has been the standard for years, one startup is hoping to personalize the birthday wishes even more. Doppels is a simple birthday discovery and smart gifting app that connects people through their shared birthdays.

Startup 115

More Trending

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DevOpsDay LA

SoCal Tech Calendar

Friday, March 3, 2017 -- DevOpsDay LA. LA's very own 1 day DevOps conference. See https://www.devopsdays.org/events/2017-los-angeles/welcome/.

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Avoid the race to zero…

Berkonomics

When do you sell your company? Obviously we all want to sell at the top. And there is the problem. How do you know when you are at or near that right point to sell for maximum value? Those of us in the business of calculating (guessing) this mythical peak in value often make the same mistake as our entrepreneurs. We hang on just a little bit longer, expecting continued or accelerating growth and value as in previous periods of the same.

Pricing 210
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Snap Inc. Files for $3 Billion IPO; Discloses 158 Million Daily Active Users

L.A. Business Journal

Snap Inc., parent company of ephemeral photo-sharing and messaging app Snapchat, has made public its $3 billion initial public offering of its stock on the New York Stock Exchange.

Snapchat 169
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Hello Kitty Comes To Microsoft HoloLens, Thanks To SPACES

socalTECH

If you can't get enough of Hello Kitty , the iconic cartoon character owned by Sanrio, you can now add your own set of Hello Kitty holograms into Microsoft HoloLens--thanks to Playa Vista-based SPACES. SPACES said on Tuesday that it is bringing a new "Hello Kitty Actiongram" theme pack to HoloLens, the Microsoft virtual/augmented reality environment, adding 14 Hello Kitty holograms to the environment.

Content 176
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Superscreen Rethinks How You Engage with Your Smartphone

Tech.Co

Smartphones are the primary tool used to engage with the digital world. Thanks to increased performance, better battery life, improved wireless networks, and an infinite marketplace to connect developers and consumers, the shift towards mobile-only is not just a trend but a reality. So, why does it feel like more power and better apps have not lead to a greater mobile experience?

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” I won’t speak to most of them due to time and also due to the fact that I simply am not the story and don’t want to pretend like I am.

Snapchat 214
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UCI ANTprenreneur Center Feedback Friday

SoCal Tech Calendar

Friday, March 3, 2017 -- UCI ANTprenreneur Center Feedback Friday. See https://www.eventbrite.com/o/uci-antrepreneur-center-8184153841.

UCI 100
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Control your euphoria!

Berkonomics

One thing a senior manager can count on is that someday, something will go right, very right. Well, after all the disappointments, pressure and outright failures, this is NEWS. So we tend to go overboard a bit. As a member of the board, I’ve received calls on weekends, at night and texts at hours I didn’t even think existed – from CEOs who couldn’t control the euphoria.

Guide 243
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U.S Dept. of Commerce Grants $500,000 to Cal State L.A. For Bioscience Bootcamp.

L.A. Business Journal

The U.S. Department of Commerce granted nearly $500,000 to California State University, Los Angeles and its partners, the Biocom Institute and the Los Angeles Cleantech Incubator (LACI), to fund the creation of a bootcamp for bioscientists in the region.

Commerce 156
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Cosemi Sells Off Business Unit To Avago

socalTECH

Irvine-based Cosemi Technologies has sold off its photodetector chip business to Avago Technologies , and is refocusing its business on "active optical cables", the company said over the last few weeks. Financial terms of the sale were not announced. Avago is a unit of Broadcom Ltd. Cosemi said the deal also includes a supply agreement, where Avago will continue to supply it with photo detectors and other essential semiconductor components, such as lasers, for its products.

Activity 170
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Insurer UHC Will Cover Biogen Spine Drug, But With Limits And Proof

Xconomy

Another major U.S. health insurer, UnitedHealthCare, has said it would cover the first-ever approved drug for the rare disease spinal muscular atrophy, a closely watched bellwether in the national debate over drug prices. While UHC’s policy is less restrictive than the one disclosed recently by rival insurer Anthem, UHC has nonetheless set limits and will only pay past an initial handful of doses if doctors can prove the drug is working.

Anthem 79
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Fred Wilson and Andy Weissman Talk with Lindel Eakman about Transitioning Leadership at a VC Fund

Both Sides of the Table

Union Square Ventures (USV) has been one of the most successful venture capital firms of the past 10–15 years and continues to be a leader in our industry. Recently the firms two founding partners (and also Managing Partners) —  Fred Wilson and Brad Burnham  — decided to transition management of the firm to Andy Weissman (who joined in 2012) and Albert Wenger (joined in 2008 and writes one of the most thoughtful blogs in our industry ).

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10 Sales Truths Every Entrepreneur Needs To Practice

Startup Professionals Musings

Today’s customers are overloaded and overwhelmed by too much information, so making a decision is a challenge. You may think this is only important to your marketing and sales people, but in reality it doesn’t matter how great your product or technology might be, you won’t succeed if you don’t understand your target customer decision process. Every aspect of your business must be about sales.

Sales 82
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About personal use of corporate assets

Berkonomics

It is no secret that the IRS looks carefully below the surface for personal use of company assets (including cash) in its corporate income tax audits. This insight addresses more the impact of such behavior upon the actions of employees and others who observe that behavior from a senior manager or owner of a business – and know that they cannot say anything about it without jeopardizing their jobs.

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Silicon Beach Report Feb. 22: Global Eagle Stock Plunges After CEO and CFO Resign

L.A. Business Journal

Global Eagle stock plunges after CEO and CFO resign, AwesomenessTV CEO Brian Robbins resigns, microfinance startup Tala raises $30 million, and more.

Report 170
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How Float Is Tackling Millennials' Lack Of A Credit Score

socalTECH

If you're just out of school, at your first job--and you didn't get a credit card in school--you might just have a real difficult time of getting that first credit card. That's the experience that Max Klein , the CEO of Float (www.hellofloat.com) had, and is now looking to fix, with a new fintech startup which hopes to make it easier for Millennials to start to establish their credit record.

Startup 165
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Dear Tom Price: Bundled Payments Help Patients and Reduce Costs

Xconomy

With all the talk of repealing Barack Obama’s Affordable Care Act (ACA), people have been taking a closer look at what the law has done for our healthcare system. It turns out the ACA is about a lot more than the problematic healthcare marketplaces. There’s the extension of parental insurance coverage to age 26 and the requirement of insurance companies to cover pre-existing conditions.

Pricing 67
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3 Ways IoT Startups Are Securing Their Devices

Tech Zulu Event

With so many smart technology devices and users— six billion Internet of Things (IoT) connections in 2015—we’ve long surpassed the adoption phase. Now, the focus has shifted to refining and improving features to help products stand out from the competition, especially in the realm of security. For years, tech enthusiasts, users, creators, and hackers have expressed their concern over the safety vulnerabilities of numerous IoT devices, from smart locks to thermostats.

Startup 52
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10 Top Rules For Marketing In Today’s Digital World

Startup Professionals Musings

Viral marketing and word-of-mouth are not enough these days to make your product and brand visible in the relentless onslaught of new promotional media out there today. Innovation in marketing is perhaps more important than product innovation. Yet in the business plans I see, the marketing content and budget are smaller than ever. More than just spending, you need to create an “experience” in this digital age which sets you apart from the banner ads, email blasts, and old-school websites out the

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Mark Cuban on Why You Need to Study Artificial Intelligence or You’ll be a Dinosaur in 3 Years

Both Sides of the Table

Mark Cuban opened the Upfront Summit in an epic interview by Jason Hirschhorn , founder of Media REDEF. Machine Learning / AI They discussed many topics ranging from protection of the press to what Mark looks for in an entrepreneur to investing outside of Silicon Valley and of course Trump and sports. But perhaps to most insightful was their discussion about Machine Learning / AI.

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Snap’s Challenges to Gain Increased Focus in Public

L.A. Business Journal

Business Journal lays out five factors that could figure in to Snap’s first year as a public company.

Journal 186
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Dreamscape Immersive Raises Series A Funding For VR Entertainment Centers

socalTECH

Los Angeles-based Dreamscape Immersive , a developer of immersive, virtual reality entertainment experiences, said on yesterday afternoon that it has raised a Series A financing round. Size of the funding round was not announced, however, a regulatory filing indicates around $11.36M was raised in the round. The funding was led by Bold Capital Partners, the investment firm run by Peter Diamandis, and also included Warner Bros., 21st Century Fox, Metro-Goldwyn-Mayer (MGM), IMAX Corporation, Westfi

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Seed-Stage Deals Show Growing Diversity of Agtech Investments

Xconomy

Fundraising is tough for startups but it’s particularly difficult in agriculture, a sector that has fewer firms focused on agtech investments. The dynamics are starting to change, though. A growing number of early-stage agtech startups are raising money and they’re pulling capital from a broader pool of sources, according to a new report from AgFunder, an online agtech investment marketplace.

Invest 64
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Fika Ventures Launches $40M Seed Fund.

L.A. Business Journal

Fika Ventures has raised a $40 million seed fund to invest in business-to-business companies developing software products for finance, online marketplaces, and healthcare.

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Startups Open Arcades to Play Up Virtual Reality

L.A. Business Journal

Virtual reality startups open arcades to test how game consumers are for the medium.

Startup 230
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Tealium Gets Investment From Citi Ventures

socalTECH

San Diego-based software developer Tealium announced on Monday that it has scored a strategic investment from Citi Ventures, as part of Series E investment round. Size of the investment from Citi Ventures was not announced. Tealium, which makes enterprise tag management software, said the funding goes towards development efforts, marketing, product integration, and other efforts at the company.

Invest 136
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Canvassing of Art Website Yields $36 Million Deal

L.A. Business Journal

Israeli web development company Wix said last week that it had purchased popular West Hollywood-based online artist platform DeviantArt for $36 million, including $3 million in assumed debt.

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Insights: The Cryptic VC's Guide to Saying No On Investments

socalTECH

For this morning's Insights and Opinions section, where we feature the contributions of our readers, we have an article from Wiliam Hsu , co-founder and managing partner of Mucker Capital (www.muckercapital.com). He explains all the ways VCs say "no" without actually using the word "no". You can read the full article at The Cryptic VC's Guide to Saying "No" On Investments in our Insights and Opinions section.

Guide 147
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Los Angeles to Donate Rent-Free Space to Manufacturing Institute.

L.A. Business Journal

The city of Los Angeles is planning to donate rent-free space to the recently launched Clean Energy Smart Manufacturing Innovation Institute.

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Once Upon A Farm Harvests $3.1M For Organic Baby Food

socalTECH

San Diego-based Once Upon A Farm , a maker of "cold-pressed, organic, non-GMO" baby food, has raised $3.1M in a Series A funding, the company disclosed this week. The funding came from Cambridge Companies SPG, Seed 2 Growth Fund, and Harbinger Ventures. The company was co-founded by Ari Raz (CEO) and Cassandra Curtis (COO). Once Upon A Farm's baby food is sourced from local, organic farms, and then minimally processed into the those ubiquitous laminated baby food pouches.