TechCrunch LA
SEPTEMBER 21, 2018
In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ The author outlined reasons why the Valley has “peaked.” Venture capital investors are deploying capital outside the Bay Area more than ever before. High-profile entrepreneurs and investors, Peter Thiel, for example , have left.
Berkonomics
SEPTEMBER 20, 2018
Most entrepreneurs and certainly all investors would like to see “a positive liquidity event” (a good sale of the business) someday. Boards of directors should be aware that one of their duties could be to evaluate offers from potential buyers, or even to initiate efforts to sell the business for the benefit of all stakeholders. So, that’s the reason for this insight.
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L.A. Business Journal
SEPTEMBER 20, 2018
A Pasadena robotics and artificial intelligence outfit that’s been using a robot to fry chicken tenders at Dodger Stadium just gave the bots an upgrade to include the frying skill.
socalTECH
SEPTEMBER 19, 2018
Los Angeles-based SnapMD , which provides enterprise telehealth technology, announced this morning that it has raised $7.1M in a Series B funding. Names of the investors in the company were not announced, however, the company said that participating investors included its original investment syndicate. The company says it has now raised a total of $16.3M.
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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.
Xconomy
SEPTEMBER 21, 2018
San Antonio — Life science groups, city officials, and research institutes in San Antonio are organizing an effort to commercialize more scientific developments coming out of the city’s military organizations. The goal of the project is to develop an alliance between researchers at San Antonio’s numerous military medical units, the two University of Texas institutions in town, and public and private life sciences groups, where people are developing medical innovations that may have commer
TechCrunch LA
SEPTEMBER 17, 2018
It’s the biggest night for television and streaming media services tonight as the stars are gathering to celebrate themselves at the 70th annual Emmy Awards. Tonight’s event at the Microsoft Theater in Los Angeles promises to be a big one for streaming media services like Netflix (with 122 nominations), Hulu (with 20 — thanks mainly to the amazing The Handmaid’s Tale), and Amazon (which nabbed 22 nominations, mainly on the strength of the marvelous The Marvelous Mrs.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
SEPTEMBER 17, 2018
Los Angeles-based Drinks , which operates a number of subscription, direct-to-consumer wine delivery services, has raised $15M in a Series B funding round, according to the company. The funding was led by Beverly Pacific and also included Shea Ventures and others. The company was founded by Zac Brandenberg, and operates the Wine Insiders wine delivery club and the Martha Stewart Win Co.
Xconomy
SEPTEMBER 20, 2018
Kim Gamez, CEO and co-founder of the Ann Arbor, MI-based startup Mi Padrino , is a self-described “all-American Gringa ” who grew up in farm country. She fell in love with Hispanic culture as she got to know her husband Hugo, a native of San Luis Potosi, Mexico. One of her favorite traditions was that of the padrino , or patron. On her website, Gamez describes padrinos (and madrinas ) as “essential members of their Hispanic community who act as patrons or sponsors for family events.
L.A. Business Journal
SEPTEMBER 20, 2018
“Flippy” the robot will work at Dodger Stadium through end of season; Ring previews new hardware; WME invests in Panopoly Media
socalTECH
SEPTEMBER 18, 2018
Lyft just launched its own on-demand, electric powered scooter program in Santa Monica on Tuesday morning, as the on-demand scooter business continues to heat up. The launch is only the second city for Lyft's service, which also is available in Denver, Colorado. Lyft has some stiff competition in Santa Monica--the home of Bird--which already has scooters from Bird and Lime.
Xconomy
SEPTEMBER 19, 2018
Tiny Rhode Island and its capital city Providence have always punched above their weight, for better or for worse. Better: Little Rhody’s founder Roger Williams, fleeing religious persecution in 17th-century puritanical Massachusetts, was one of America’s first abolitionists and created the concept of the separation of church and state. Worse: After World War II, one Providence neighborhood became the nerve center of New England organized crime and one of its mayors the ne plus ultra
SoCal Tech Calendar
SEPTEMBER 21, 2018
Thursday, September 27, 2018 --.
L.A. Business Journal
SEPTEMBER 18, 2018
United Kingdom-based augmented reality firm WaveOptics Ltd. announced Sept. 17 it will open its first United States operation headquarters in Los Angeles.
socalTECH
SEPTEMBER 17, 2018
The Port of Los Angeles reported late Friday that it has received a preliminary award of $41M, from the California Air Resource Board (CARB), for a high tech hydrogen fuel cell freight project. According to the Port of Los Angeles--which has been working over the years to reduce a big issue with air pollution due to the port's extremely high volume of shipment of goods said the new project will include 10 zero-emissions heavy-duty hydrogen fuel-cell-electric trucks, two new heavy-duty hydrogen f
Startup Professionals Musings
SEPTEMBER 19, 2018
In big business, as well as startups, I have found that your effectiveness can be highly correlated to your ability to build and maintain people relationships, often more so than hard work, or how many hours you give. But all relationships are not the same, and your ability to distinguish between positive and negative, or casual versus committed, can make or break your future.
SoCal Tech Calendar
SEPTEMBER 21, 2018
Thursday, September 27, 2018 -- TCVN Fireside Chat w/Vijay Raman. Tech Coast Venture Network. Meet Vijay Raman, Managing Director and Founder of more than $1,300,000,000 in venture capital investment funds. Vijay is passionate in his support of startups and emerging industries. His global venture capital funds have been the financial engine behind a large number of global companies.
L.A. Business Journal
SEPTEMBER 19, 2018
Mastercard to sponsor “League of Legends;” Newegg customer information hacked; March Capital Partners raises $13.
socalTECH
SEPTEMBER 21, 2018
Los Angeles-based R&D lab and "content studio" Not Impossible Labs said this week that it has linked with technology distributor Avnet. Not Impossible--which says it is focused on creating "technology for the sake of humanity"--will tap into Avnet's product development expertise and resources. Financial details of the partnership were not. The two said the first effort in a multi-year agreement will focus on "VibroHealth", a wearable technology which uses vibration to help improve the qualit
Startup Professionals Musings
SEPTEMBER 21, 2018
If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country. I recommend an easier way – using an investment platform like Gust, EquityNet or SeedInvest.
SoCal Tech Calendar
SEPTEMBER 21, 2018
Thursday, September 27, 2018 -- OCTANE 5th Annual High Tech Innovation Awards.
L.A. Business Journal
SEPTEMBER 21, 2018
Not Impossible Labs and Avnet developing wearable device to help people with motor-related health issues; Hulu redesigns for the computer screen and mouse; new CEO at X1 Discovery
socalTECH
SEPTEMBER 20, 2018
Meredith Perry , the CEO of Los Angeles-based uBeam , has stepped down from her post, and will shift to become a senior advisor and board member of the company, according to Mark Suster of Upfront Ventures, one of the company's backers. uBeam, which had been working on technology to wirelessly charge phones using sound waves, also is pivoting into the B2B market, and intends to license its technology to others rather than build its own products.
Startup Professionals Musings
SEPTEMBER 16, 2018
Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. They become frustrated with investors, senior executives, and even customers who don’t seem to “get it,” with the result that everyone loses.
SoCal Tech Calendar
SEPTEMBER 20, 2018
Monday, September 24, 2018 -- Innovations in Early Drug Development. Ventura Biocenter. Presented by Zizi Imatorbhebhe, Senior Director, Strategic Development Early Product Development, Head Parexel RARE Disease Initiative. Email laura@amethystls.com.
L.A. Business Journal
SEPTEMBER 21, 2018
E-sports has caught the eye, and dollars, of bioscience billionaire Patrick Soon-Shiong.
socalTECH
SEPTEMBER 20, 2018
Applied Information, Inc. , a developer of "intelligent" transportation systems and Internet-of-Things mobility technology, says it has named a new VP for the company in Los Angeles, to head up business development in the western states. According to Applied Information, it named Alan Clelland as Vice President, West, to manage the company's business development efforts in the western United States.
Startup Professionals Musings
SEPTEMBER 15, 2018
Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away.
Xconomy
SEPTEMBER 21, 2018
Equillium, a biotech startup developing treatments for immune system disorders—including an immune response that affects some transplant recipients—is preparing for an IPO to finance tests of its lead drug. The company set a preliminary IPO target of $86 million, according to documents filed this week with securities regulators, and has applied to be listed on the Nasdaq exchange under the stock symbol “EQ.
L.A. Business Journal
SEPTEMBER 20, 2018
Fans of the Associated Press’ daily global news headlines will soon have a new way to keep up with them, thanks to a partnership with Westwood-based audio artificial intelligence firm Super Hi-Fi announced Sept. 19.
socalTECH
SEPTEMBER 20, 2018
Pasadena-based advertising technology provider and ad exchange operator OpenX said last night that it has made an expansion to Japan and the Asia Pacific market, launching a new, programmatic video exchange to the region. According to OpenX, publishers and marketers in Japan and the APAC can now access its video inventory through its OpenX Exchange.
Startup Professionals Musings
SEPTEMBER 17, 2018
A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. I don’t even try to assess things at the idea level, since I can’t read minds. I can assess execution plans, if you have any. Yet I believe that business success is more a function of the person than the idea or the plan, so the best idea is one that is a best fit for you, and only you can assess that.
Xconomy
SEPTEMBER 18, 2018
[ Updated, 2:45 pm ET, see below ] There is another update today in the competitive race to treat nonalcoholic steatohepatitis (NASH), an increasingly common liver disease with no FDA-approved therapies. Viking Therapeutics released preliminary results from a Phase 2 study suggesting its experimental drug might impact some of the disease’s many dangerous effects on the liver.
L.A. Business Journal
SEPTEMBER 18, 2018
SpaceX moon orbit passenger announced; Lyft, Bird scooters go live in Santa Monica’s pilot program; Snapchat to publish CBC news content
socalTECH
SEPTEMBER 19, 2018
Los Angeles-based venture capital investor March Capital is the lead investor in a Series B funding round for software-defined, converged infrastructure startup ioTium. ioTium announced this morning that it has raised $13.6M in a Series B funding, which it says was led by March Capital Partners, and also included Honeywell Ventures, John Chambers' JC2 Ventures and Hanna Ventures plus GE Ventures and Juniper Ventures. ioTium is developing "software-defined converged infrastructure" products for t
socalTECH
SEPTEMBER 18, 2018
Technology mogul Elon Musk , the founder and CEO of Hawthorne-based SpaceX , has finally been sued by Thai cave rescue diver Vernon Unsworth, over statements Musk made on Twitter claiming that Unsworth was a "pedo" and "child rapist". Musk--who made the statements after beign shut out of the rescue efforts in Thailand--is being sued for $75,000, the statuatory minimum for defamation.
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