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Tesla will pull back the curtains and unveil its Model Y crossover vehicle at an event in Los Angeles on March 14th, according to a tweet from chief executive Elon Musk. Model Y unveil event on March 14 at LA Design Studio. — Elon Musk (@elonmusk) March 3, 2019. It’s the fifth new car design to come from Tesla’s shop since the company was founded in 2003.
The Cleantech Open , the Los Angeles-based effort which is helping clean technology startups with acceleration, support resources, and more--run by the Los Angeles Cleantech Incubator (LACI)--is one of a number of organizations which have received part of a $1 million grant total from the Wells Fargo Foundation. According to the Wells Fargo Innovation Incubator (IN2) , a technology incubator and platform funded by the Wells Fargo Foundation and run out of the National Renewable Energy Laboratory
About three months ago, Apple announced it planned to add 1,000 jobs in the San Diego region over the next three years. On Wednesday, the Cupertino, CA-based tech giant said it would increase that total by 200 jobs as part of a plan to make the city one of its principle engineering hubs. Apple (NASDAQ: AAPL ) has had a presence in San Diego for nearly 20 years.
Oh, I know. When you started the business, you took investments from friends and family in small amounts just to get you started. Of course, that worked at the time. But…. Enter the need for larger investments. When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?
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.
Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical to the development of the core technology that make Alphabet’s Google and the social media giant Facebook
Santa Monica-based Happy Returns , which is backed by U.S. Venture Partners, Upfront Ventures, and Lowercase Capital, has expanded its suite of return solutions, with a new self-service kiosk. According to Happy Returns, it has launched a new, return kiosk branded specifically for a retailer, powered by software from the company, and where Happy Returns handles the reverse logistics.
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A version of this article previously appeared Forbes. Isaac Singer is credited with initiating the concept of franchise territories, as a means of selling his sewing machines in the mid-1800’s. Yet many people do not realize that one of the pioneers who helped perfect the franchise business model was a woman. In addition to creating a franchise chain which exceeded 500 locations at its peak, Martha Harper was also one of the world’s first social entrepreneurs, helping thousands of middle-c
One size fits most (at best), and a women’s sizing system created during the Depression doesn’t gibe in an e-commerce business that prizes personalization. That’s why startups are turning to new technologies like 3D scanning and machine learning software to produce customized clothing that can be made for the masses. “People want to buy a size,” says Patrick Donnelly, director of marketing at Fit3D, a San Mateo, CA-based maker of e-commerce software.
San Diego-based Erasca , a company which is using artificial intelligence to drive the discovery and development of new oncology drugs to help cure cancer, has raised $64M in a Series A funding, the company said this morning. The funding--which included both its Series A and an extension--came from ARCH Venture Partners, Andreessen Horowitz, Reneo Capital, and other private investors.
A version of this article previously appeared Forbes. In 1936, Ruth Handler and her husband Elliott were $200 in debt and unable to pay their rent. Elliott was a shy carpenter, while Ruth’s friends described her as, “beguiling and determined.”. On her lunch break, at the age of 20, Ruth entered a local furniture store with samples of her husband’s plastic chairs.
An all-too-common question I get from startups and small businesses is “Which is the right social media platform for my business?” Is it Facebook, Twitter, LinkedIn, or one of the other 200 active platforms vying for attention these days? The right answer is that not all of these are worth your attention, but it’s probably more than one. The “Tyranny of the OR” is a concept from the classic business best-seller “ Built to Last ,” by James C.
Burbank-based streaming media firm Loop Media says it has launched its first, OTT service, called The Preview Channel , on XUMO TV. According to LoopMedia, The Preview Channel is a 24-hour, ad-supported video-on-demand channel which will show new film trailers and video game previews, cast and director interviews and behind-the-scenes footage from major Hollywood films.
Erasca, a biotech startup run by the former CEO of Ignyta, debuted in December with $42 million and an audacious plan to “erase cancer,” but provided little explanation as to how. Erasca is still keeping many of those details under wraps. But Jonathan Lim, the company’s co-founder and executive chairman, this week outlined, at least in broad strokes, Erasca’s strategy: a two-pronged approach, involving drug making and big data analytics.
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort. The “advantage” of filing for bankruptcy, of course, is that it gets creditors permanently off your back, with no continuing lawsuits, based on funds derived from selling all assets.
Pasadena-based ObEN , which develops avatar technology and software, is powering a new, personalized, AI-driven medical health assistance app, the company said this week, being developed by the MedStar Health Research Institute. According to ObEN, MedStar is developing its medical health assistance app, PAI Care, to help monitor patients with heart failure.
Spring has sprung, and it’s shaping up to be another busy season for San Diego’s life sciences community. As we head into the weekend, crossing our fingers that the seemingly endless rain showers will be replaced by our usual sunshine, here’s a quick rundown of some recent news developments. —ResMed (NYSE: RMD ) acquired a South Korea-based medical equipment provider, the company said Friday.
With the reality of LinkedIn, Facebook, and dozens of other websites profiling you, the old-fashioned written resume is an artifact of a hiring practice that is now superfluous. The real “resume” that you have to live with is everything that you or anyone else has posted about you on any site on the Internet. You can’t hide, since no Internet presence is now assumed to be a negative.
Santa Barbara-based HG Data , which has been developing software that helps companies understand the technology stack their operations depend on, has rebranded itself as HG Insights , and launched a new platform it calls the HG Insights Platform. According to the company, its platform is focused on "next generation technographics" to help drive sales, marketing, and strategy.
Chinese pharma company BeiGene has agreed to pay Ambrx $10 million upfront to experiment with technology the biotech has developed in a bid accelerate BeiGene’s search for new protein drugs for cancer treatment. Ambrx says its technology is able to incorporate “non-natural” amino acids into cells like E. coli and CHO, two cell lines commonly used for protein production.
Is your marketing focus product-centric or customer-centric ? If you only sell products, it’s time to realize that times have changed. With a wealth of products now available, customers look for the most memorable experience , not just the best product. These days, a fun shopping experience, or no-question returns, often tips the scales over extra product features or a lower price.
Santa Monica-based Preccelerator , the early-stage, startup accelerator associated with Stubbs Alderton & Markiles, LLP, says it has opened up applications for its next class. According to the startup accelerator, which is focused on technology and digital media, it is looking for applicants for its "Class 12", which will start on May 6th. The Preccelerator invests $25,000 in each company, and provides up to $25,000 in non-billable legal advice and legal services, plus 24/7 access to its own
Privacy issues continued to boil to the surface in February. In part, it’s a reflection of the long tail of consequences that began in early 2018 when the broader public learned that Facebook had shared data from millions of user profiles with now-shuttered political marketing firm Cambridge Analytica. The consequences of that wider public awareness are now spreading to technology companies in general.
Contrary to popular myth, to be a disruptive new businesses, you don’t always need an innovative new technology to win. Many notable recent successes, including Airbnb and Uber, have done it by finding disruptive customers, with essentially no new technology. They seek customers willing to decouple from accepted buying models, or are actively looking for a better total experience.
Los Angeles-based TeleSign , which develops customer identification products, including two factor authentication and other related products, has named co-founder Ryan Disraeli as its CEO, the company said on Thursday. Disraeli co-founded TeleSign with Stacy Stubblefield and Darren Berkovitz in 2005. TeleSign was acquired by BICS in 2017, and now has more than 300 employees.
Tuesday, March 5, 2019 -- How to Raise Capital for your Start Up. Are you a Founder or Entrepreneur looking to raise money for your startup? Do you want interact with experienced Founders and Investors? This will be an opportunity to learn about the fundraising process from our expert panel and to learn about their real life experiences starting and funding their companies.
Much has been said about Lyft’s early lead over Uber in the “horserace” to become the first ride-hailing app company to go public. But now that San Francisco-based Lyft has filed its 276-page IPO prospectus with the U.S. Securities and Exchange Commission, potential investors can focus on much more detailed considerations as they decide whether to make bets on the smaller of the two U.S. ride-hailing leaders.
With the first launch of an astronaut-capable spacecraft by Los Angeles-based SpaceX , last weekend, was a success, SpaceX is now attempting to return its Crew Dragon spacecraft to earth this morning. According to NASA and SpaceX, at 2:32 a.m. EST, the Crew Dragon undocked from the International Space Station, and was set to splash down in the Atlantic Ocean around 8:45 a.m.
Carlsbad-based ResMed , which develops patient monitoring and healthcare software for the sleep and respiratory care market, said late Thursday that it has acquired South Korean company HB Healthcare (HBH). According to ResMed, the deal will help millions of South Koreans living with sleep apnea, chronic obstructive pulmonary disease (COPD) and other respiratory conditions.
San Diego-based Oncternal Therapeutics , a privately held biotechnology companies focused on developing therapeutics candidates for cancer, and GTx said this morning that they are in a deal where Oncternals's stockholders will become the majority owners of GTx. GTx is a publicly listed, biopharmaceutical company focused on the discovery, development and commercialization of small molecules for the treatment of muscle-related diseases and other serious medical conditions, and trades on the NASDAQ
Los Angeles-based accounting automation software developer BlackLine announced this morning that it has named Patrick Villanova to the position of Chief Accounting Officer. Villanova--who was previously Controller for BlackLine--will continue to oversee global accounting operations at the company. Villanova has been at BlackLine since 2015, and was head of BlackLine's global accounting through its IPO.
DivX , the streaming video software developer which was started in San Diego, has filed patent infringement lawsuits against both Netflix and Hulu , accusing the firms of usings its video streaming intellectual property. DivX filed two different lawsuits on Tuesday in the California Central District Court. The two patent infringement lawsuits are DIVX, LLC v.
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