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Like many people these days, I spent much of my 20’s and early 30’s thinking about work & fun and not too much about “the future.” Like characters from one of my favorite novels “ The Unbearable Lightness of Being ” life seemed very light. My first son was born the day before my 35th birthday so the decade that followed was very heavy and consequential.
Know your market and competition, or don’t spend a dime on anything else. I love absolutes – statements with no wiggle room for gray-area responses. Well, here is one of those, and it deals with market research first and foremost. Close. Let me tell you a short story at my own expense. In 1994, (I know a long time ago), I invested over a million dollars into a company whose entrepreneurs had a vision that I bought into for many reasons, not the least of which was that I had industry experience
Long-haul commuting is better in a Tesla. That’s the theory behind Tesloop of Culver City, a car service which ferries passengers on highway trips between 50 miles and 200 miles around Southern California in Tesla Inc.’s Model X or Model S cars.
The world of plumbing is not known for its high tech products. However, that makes it an area ripe for technology innovation. We spoke this morning with a Los Angeles startup, Phyn (www.phyn.com)--which recently spun out of Belkin in a joint venture with Uponor--to talk about the company's water monitoring devices, which apply some remarkably sophisticated research and computer technology to monitor the usage of all of a home's water--all through monitoring a single water pipe.
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.
This story is part of an ongoing Xconomy series on A.I. in healthcare. These are heady times for using artificial intelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. Yet as innovations proliferate, some age-old business questions have come to the fore.
It was not long ago that the apps on our smartphones were, by today’s standards, basic. They played music, allowed us to text, and the very pioneering apps tracked our daily step count and sent us news alerts. That all changed with social media , and now everyone is glued to their phone’s screen. The successor to social media, at least in terms of cultural significance, are the on-demand apps that have us reaching for our phones not just to message friends, but to make transactions.
Saturday, August 5, 2017 -- Big Data Day LA 2017. Big Data Day LA is the largest of its kind, and completely free, Big Data conference in Southern California. Spearheaded by Subash DSouza and organized and supported by a community of volunteers, sponsors and speakers, Big Data Day LA features the most vibrant gathering of data and technology enthusiasts in Los Angeles.
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Saturday, August 5, 2017 -- Big Data Day LA 2017. Big Data Day LA is the largest of its kind, and completely free, Big Data conference in Southern California. Spearheaded by Subash DSouza and organized and supported by a community of volunteers, sponsors and speakers, Big Data Day LA features the most vibrant gathering of data and technology enthusiasts in Los Angeles.
Close. You can take this headline as a rule, not an exception. You’ll recognize the truism, “No battle plan ever survives contact with the enemy” first stated by German Field Marshall von Moltke way back in the 19 th century. Our variant of the “battle plan” truism is important to internalize. A product at the concept stage contains feature-functionality that customers may not want or be willing to pay for, or which just might not work well enough for release to the public.
Stopping by your local, Los Angeles 7-11 convenience store for a free Slurpee today? While you are there, you might notice that you can now buy Soylent , the meal replacement product created by Los Angeles-based Rosa Foods. According to Soylent, it started offering up its "nutritionally complete, ready-to-drink meals" at 18 of 7-Eleven's stores in the Greater Los Angeles area on Monday, including a number of locations across Los Angeles, plus Santa Monica, Culver City, Venice, and elsewhere.
Does your genetic code contain information that can help you lose weight? It’s a serious question in science, and in business. Now, the makers of Lose It aim to find out. The nine-year-old mobile app —from Boston-based parent company FitNow—was early in the field of using smartphones to log workouts and meals , and track progress toward health goals.
Being intentionally productive is something we all strive for, but often fail to achieve. After being disrupted with an email notification, an average person will need 23 minutes and 15 seconds to regain their focus again. Yet as an entrepreneur, you can rarely hide under the rock and pretend there’s nothing else happening around you and no one is demanding your attention.
Saturday, August 5, 2017 -- Big Data Day LA 2017. Big Data Day LA is the largest of its kind, and completely free, Big Data conference in Southern California. Spearheaded by Subash DSouza and organized and supported by a community of volunteers, sponsors and speakers, Big Data Day LA features the most vibrant gathering of data and technology enthusiasts in Los Angeles.
So, you have a great new product or service that you and your associates love. Early adopters should climb all over each other for a look. But what have you done to test the concept against the realities of the marketplace? Have you developed a prototype, alternate pricing schemes, even a PowerPoint mock-up to show to potential buyers? I would be very, very nervous without testing the product in the market as early as possible, ready to make changes and enhancements before committing to prod
A new, air travel startup, Blackbird , said today that has launched new service between Santa Monica and Palm Springs, part of a expansion of the startup beyond its Bay Area roots. According to Blackbird, the startup, regional air service offers up flights starting at $124, and hopes to serve such destination which aren't well served by commercial airlines, such as Santa Monica and Palm Springs.
Your customers know what they want more than you do. Find one to teach you. Close. This week’s insight came from personal experience and from a good friend who advanced the notion of the “teacher-customer” years ago. I internalized this phrase, recalling the many times I had partnered with customers to design new feature-functionality into my hotel computer system back when such systems were brand new to the industry.
Walt Disney Co. announced Tuesday that e-sports company aXiomatic was one of 11 companies chosen to participate in the 2017 Disney Accelerator program.
Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media. Dex Media said on Friday that it has acquired YP Holdings , which operates both YP.com and the Real Yellow Pages, and will create a new combined company called DexYP.
Anaheim-based Astro-Tek , an aerospace manufacturer, has been acquired by private equity investor White Wolf Capital , the two said Wednesday morning. Financial terms of the buy were not disclosed. White Wolf Capital said it acquired the majority stake in Astro-Tek through a newly formed company, Consolidated Machine Tool Holdings, LLC. Astro-Tek develops equipment used by aerospace and defense companies to manufacture, test, maintain, and service aircraft, satellites, rockets, and missiles.
Pasadena-based forensics software maker Guidance Software has agreed to be acquired by OpenText , in a deal worth approximately $240M, Guidance said this morning. Guidance, which is best known for developing the EnCase forensic security software, said OpenText will pay $7.10 per share in cash for all of the company's outstanding shares. Guidance was advised by Morgan Stanley and Atlas Technology Group, along with Latham & Watkins, in the deal.
Los Angeles-based online advertising exchange operator Rubicon Project has acquired programmatic advertising technology developer nToggle , in a deal worth $38.5M in cash. The deal was completed on July 14th, according to Rubicon Project. Rubcion Project said the technology developed by nToggle will be made available on Rubicon Project's platform in the coming months. nToggle was based in Boston, Mass.
Jstar, the creators of Joshai , a voice activated home assistant, has raised $11M in funding, according to the company. The company has offices in Los Angeles, and is led by longtime LA serial entrepreneur Alex Capecelatro. Source of the funding was not announced. Capecelatro previously founded Yeti and AtThePool. Josh.ai was co-founded by CTO Tim Gill, who was founder of Quark, Inc.
Are you a competitive, e-sports player specializing in Overwatch , the popular title developed by Blizzard? The University of California, Irvine, said on Wednesday that it will offer up an e-sports scholarship to the school, where it will provide $2500 a year to players who attend the school--and commit to another 15-20 hours per week working on practice, team meetings, competitions, and other efforts.
Professional certifications can increase credibility, boost confidence, and help differentiate your services. Here are 9 professional certifications to consider.
Venice, California-based Whisper , which operates an app and website that lets users share anonymous thoughts--and combines that with other content--has reportedly laid off 20 percent of its staff, or 14 out of its 71 employees, according to a report on Friday. Whisper, led by Michael Hayward, has raised $61M in total funding. READ MORE>>.
Looking for the best health insurance plan for you? Pasadena-based Impact Health said Monday that it has raised $13M in a Series A funding, to help connect patients with health insurers. The startup said the funding came from Techstars Venture Capital Fund and Foundry Group. The startup, led by Christine Carrillo, says it helps patients enroll in health plans, find doctors, help contesting surprise medical bills, and check for what is covered under their health plan.
Snap Inc., the Venice developer of the Snapchat app, took a pummeling on the stock market on Tuesday, falling nearly 9 percent to close at $15.47 a share.
Los Angeles-based online electronics retail Newegg said today that it has tied with non-profit charity No Kid Hungry , to support the group's efforts to help combat childhood hunger. According to Newegg, it will build awareness of No Kid Hungry's efforts within its base of customers, encouraging them to donate in increments of $1, $5, or $10, and match donations from its customers up to $75,000.
Los Angeles-based Cinq Music , a data-driven record label, distribution, and rights management company, has received $20M in a Series B funding, according to funding provider GoDigital Media Group. According to the two, Cinq Music will use the funding to purchase music rights, both masters and publishing, and to further expand internationally. Cinq Music primarly has focused on Latin music.
Los Angeles-based educational robot developer UBTECH Robotics said today that it has rolled out a new, interactive robot kit, the Jimu Robot BuilderBots Kit. According to UBTECH, the new robot kit lets kids build two different robots, the GrabberBot and DigBot, or a robot of your own design. The new product is aimed at the STEM education market. UBTECH said the new kit is a "perfect entry point" to learn the basics of building and coding your own personal robot.
Redland-based GIS software developer Esri is expanding its reach in the Middle East and Africa, with a new relationship with NXN (formerly neXgen), the companies said this morning. NXN is a provider of consulting and digital services in the Middle East and Africa, focused on "smart city" consulting. Esri said that NXN will embed its ArcGIS platform and other technology in its services.
Los Angeles-based visual effects company Digital Domain said on Wednesday that it is expanding in China, and has opened up new studio in Beijing. The company said it has named Frank Ming Wei--former President of YouKu.com--as Executive Director, Vice Chairman and CEO of Greater China, and also named three board members--including one from SoftBank. The three board members include Pu Jian (CITIC Limited), Alan Song (managing partner of SoftBank China Ventures Capital), and John Lagerling (formerl
San Diego-based autonomous robot developer NXT Robotics Corporation said last week that it has named Darin Andersen as the company's Chief Executive Officer. Andersen is the chairman and founder of industry group CyberTech, and previously had been COO of ESET, and had been at Norman Shark, a malware analysis company later acquired by Blue Coat Systems.
Carlsbad-based synthetic biology developer Verdezyne announced this morning that it has broken ground on a new plant in Malaysia, which will produce renewable chemicals. According to Verdezyne, the plant is its first, commercial-scale renewable chemicals manufacturing facility. The facility will produce odecanedioic acid (DDDA), which the company explains is a 12-carbon diacid that is a component of many consumer products currently made from petroleum.
Santa Monica-based home security products maker Ring is further expanding on its line of cameras today, saying it has launched the new Ring Spotlight Cam , a new home security device which lets users install cameras around the home and around their property. According to Ring, the new Spotlight Cam can be powered by battery, hard wiring, or solar power, and includes LED light panels which turn on when motion is directed, in addition to 1080P HD video and two way audio.
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