Both Sides of the Table
MARCH 2, 2021
It’s March 1st as I write this*. The year is two months in. Seems like just a moment ago it was New Year’s Day and we were all committing to our better selves for 2021 as so many of us do. It’s been a tough year for people around the world with the pandemic, work stress, crazy elections and uncertainty. Anybody would forgive you if your plan slipped.
TechCrunch LA
MARCH 2, 2021
Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord.
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Berkonomics
MARCH 4, 2021
My stories of missing the context of the times. Over the years, as I managed my several computer companies as CEO or executive chairman, I made the decision to go to market with a brand-new product that had never before been exposed to my customer’s marketplace. In each case, after overwhelming publicity, certainly noticed by a great number of potential decision makers, and after record-breaking sessions at industry trade shows to introduce these to the potential buyers, the products failed in
L.A. Business Journal
MARCH 1, 2021
Internet provider Boingo Wireless Inc. is set to be acquired by an affiliate of investment firm Digital Colony Management in a deal valued at $854 million.
Advertiser: Aggregage
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.
socalTECH
MARCH 3, 2021
Santa Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team. The company named Jim Nguyen (co-foudner of TrueCar) as its President and Chief Operating Officer; Kash Sheikh (family office, private equity) as Chief Financial Officer; Joseph Chang (Houlihan Lokey) as Chief Revenue Officer; Lucas Donat (TrueCar) as Chief Marketing Officer; Matthew Cacci
Startup Professionals Musings
MARCH 1, 2021
For most entrepreneurs, their current business is not where they intend to stay until they die. At the right time, they all intend to make a graceful exit, and leave while still perceived to be on top of their game. The challenge is how to know and exit gracefully when the right time has come, without trauma to either the company or themselves. I don’t have any solid insight on this subject, so I was intrigued by the classic book “ Leaving on Top: Graceful Exits for Leaders ,” by David Heenan, a
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
L.A. Business Journal
MARCH 2, 2021
East Hollywood-based startup W Tenth Co has raised $1.5 million to further develop an app to promote businesses owned by women.
socalTECH
MARCH 3, 2021
San Diego-based startup accelerator operator Nex Cubed says it has launched a virtual, summer startup acceleration program, focused on founders from historically Black colleges and universities (HBCUs). According to the company, participants in its program will receive $10,000 in non-dilutive capital, technical resources to develop a minimally viable products, physical working space in Silicon Valley, business advice, as well as service provider perks and discounts.
Startup Professionals Musings
MARCH 3, 2021
Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. I’m a big fan of leading with your heart and your passion, but I’m also convinced that logic has a big role in business, so don’t forget to highlight your balance as well.
Southern California Edison Blog
MARCH 2, 2021
Optical wavelength networks provide organizations with several capabilities that enable them to promote workplace productivity and stay competitive. In an ever-changing world, the flexibility of optical networks empower businesses to quickly adjust their setup to address speed, capacity, and uptime needs. Optical wavelength networks use light signals to transmit communications of any type of traffic, usually across optical fiber cables.
L.A. Business Journal
MARCH 1, 2021
Dispo Inc., the company behind one of the hottest apps of the new year, has reportedly raised $20 million in new funding at a hefty $200 million valuation.
socalTECH
MARCH 2, 2021
San Diego-based renewable power developer EDF Renewables says it has inked a customer for one of its solar developments in Texas. According to EDF Renewables, it signed a virtual Power Purchase Agreement (PPA) with an affiliate of Enterprise Products Partners L.P. for 100 MWac / 132 MWdc at the project, which will have a capacity of 345 MWac / 455 MWdc.
Startup Professionals Musings
FEBRUARY 27, 2021
More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. They dream of appearing at the door, with their idea on the back of a napkin, and popping out a few months later with investor money to burn. The reality is far different.
Startup San Diego
MARCH 4, 2021
The post These 10 startups chosen for San Diego’s first Startup Month incubator appeared first on Startup San Diego.
L.A. Business Journal
MARCH 1, 2021
Sawtelle-based text messaging software platform 317 Labs Inc., which does business as Emotive, has raised $50 million in series B funding.
socalTECH
MARCH 5, 2021
Los Angeles-based Whatnot, which operates an online livestreaming service focused on selling collectibles like Pokemon and sports cards, has raised $20M in its Series A funding, the company said on Thursday. The funding was led by Andreessen Horowitz, and also included Y Combinator, Wonder Ventures, Operator Partners, Scribble Ventures, Steve Aoki and Chris Zarou.
Startup Professionals Musings
MARCH 5, 2021
Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. In today’s fast-paced world, that means recognizing early and capitalizing on the changes that are bringing many big companies to their knees, before that company is yours.
Startup San Diego
MARCH 4, 2021
The post Solana Beach Company Chosen For Inaugural Startup San Diego Incubator appeared first on Startup San Diego.
L.A. Business Journal
MARCH 1, 2021
Local private and public sector visionaries plan to answer the call for creating a broad and reliable EV infrastructure.
socalTECH
MARCH 3, 2021
Los Angeles-based URB-E, a startup developing a "last mile" urban delivery network based on containers and bicycles, has raised $5M in a Series A funding round, the company said today. According to the company, the funding was led by UBS Group. URB-E says it is developing a "containerized" delivery network in urban areas, focused on small container systems which are rolled on and off into parking spaces, and where the last mile is delivered via bicycle.
Startup Professionals Musings
FEBRUARY 28, 2021
Just because you are an entrepreneur, or work in a startup, you can’t ignore the rules of building and maintaining relationships. Many despise these experiences in corporate environments, and leave for a startup, only to find that they have to be able to navigate a similar minefield there of workplace and business relationships to be successful. Jan Yager, Ph.D., an author and speaker on this and related subjects, outlines in her classic book “ Productive Relationships: 57 Strategies for Buildin
Startup San Diego
MARCH 4, 2021
The post Startup San Diego Launches Incubator For Early-Stage Cos. appeared first on Startup San Diego.
socalTECH
MARCH 1, 2021
Santa Monica-based Red 6, which is developing augmented reality air combat training systems, announced this morning that it has raised $7M in a funding round. The company said the funding was raised via a financial arrangement called a SAFE (Simple Agreement for Future Equity). The new funding was led by Red Cell, Snowpoint Ventures, and Octave, and also included Moonshots Capital, Irongate, TR Aeroventures, and Marlinspike.
socalTECH
MARCH 5, 2021
Los Angeles-based online electronic retailer Newegg said on Friday that it is looking to take advantage of the recent closure of Fry's Electronics, to both hire and place workers from the now defunct electronics chain. According to Newegg, it has "dozens" of open positions at its City of Industry headquarters, and also that its in-house staffing agency, Newegg Staffing, is actively recruiting for outplacement roles at local businesses, including temporary, permanent and seasonal positions.
socalTECH
MARCH 5, 2021
Santa Monica-based healthcare savings marketplace operator GoodRx says it has launched a new, charitable effort, which it says will provide free prescriptions and care to patients in need. According to the company, it has has partnered with the National Association of Free and Charitable Clinics (NAFC) to provide free medications to those who are unable to afford healthcare due to systemic barriers.
socalTECH
MARCH 5, 2021
Long Beach-based free conference calling service FreeConferenceCall.com says it is launching itself into the video conferencing market, with a new service called Huddle. According to the company, it will allow the first 10,000 customers of the service to pick their own price for whatever they think the service is worth. The new Huddle service competes against market leader Zoom.
socalTECH
MARCH 5, 2021
The Chairman of space tourism firm Virgin Galactic, investor Chamath Palihapitiya, has reportedly sold another 6.2 million shares of his stake in the firm, worth roughly $213M, according to reports. The stake represents Palihapitiya's last personal holding in the company, although he does hold shares in a partnership that also owns parts of Virgin Galactic.
socalTECH
MARCH 4, 2021
For our interview today, we caught up with Buck Jordan, the founder of Miso Robotics (www.misorobotics.com), to hear more about what the company is doing with robots in the food service business; how the pandemic has helped push interest in its technology; as well as heard more about the company's unusual move to raise its funding from equity crowdfunding rather than more traditional venture capital.
socalTECH
MARCH 4, 2021
Santa Monica-based augmented reality, air combat training technology developer Red 6 said on Thursday that it has added Dr. Will Roper, former Assistant Secretary of the Air Force for Acquisition, Technology and Logistics (AT&L). Red 6 said Roper was responsible software, artificial intelligence (AI), and digital engineering, and initiated high-tech programs for hypersonic weapons, autonomous drones, advanced satellites and rockets, and a militarized Internet of Things (IoT).
socalTECH
MARCH 4, 2021
Newport Beach-based renewable natural gas producer Clean Energy Fuels, which produces natural gas from methane captured from decomposing organic waste, says it is in a $400M joint venture with energy giant Total SE. According to the companies, they are in a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure.
socalTECH
MARCH 4, 2021
Hawthorne, California-based SpaceX had another launch and landing test of its Starship spacecraft, successfully launching and landing the SN10 Starship--which then spectacularly exploded on the launch pad. The Starship is the latest prototype of the space vehicle to be destroyed in testing, as SpaceX has been moving towards launching the extremely large spacecraft into space.
socalTECH
MARCH 4, 2021
Los Angeles-based tech-focused, sports merchandise company Fanatics said on Wednesday that it has added Earvin "Magic" Johnson to its board of directors. Johnson--best known for his basketball--currently is the Chairman and Chief Executive Officer of Magic Johnson Enterprises, an investment firm. He's a co-owner of the Los Angeles Dodgers and holds ownership stakes in the WNBA's Los Angeles Sparks, Major League Soccer's Los Angeles Football Club, and eSports franchise Team Liquid.
socalTECH
MARCH 3, 2021
El Segundo- and Austin-based Slingshot Aerospace says it has named a Board of Advisors, which will provide it with counsel, advice, and support. The company--which develops software used for combining data from satellites, ground-based sensors, and their sources and applies machine learning and other techniques to improve analysis--said it added Chuck Beames, Karen Diener, Susan Helms, Moriba Jah, Keith Masback, Chris Mattmann, and Marissa Peretz to the new advisory group.
socalTECH
MARCH 3, 2021
Carpinteria-based construction management software developer Procore, which just launched an IPO effort, said today that it plans to list its common stock on the New York Stock Exchange under the ticker symbol PCOR. The company has not yet indicated how much it intends to raise in its initial public offering, which is being underwritten by Goldman Sachs & Co.
socalTECH
MARCH 3, 2021
Los Angeles-based Parabol, a company which is developing technology to enable "Agile" meetings, announced that it has raised $8M in its Series A funding. The funding was led by Microsoft's M12 venture fund, and also included CRV, Haystack, Techstars, and others. Parabol says it has developing a platform focused on enabling remote and hybrid teams to conduct structured meetings, using the "Agile" methodology.
socalTECH
MARCH 3, 2021
Los Angeles-based Bionaut Labs, a startup that says it has created "microscale robots" which can deliver biologics, nucleic acids, or small molecule therapies into a person's brain, says it has raised $20M in a funding round. The funding was led by Khosla Ventures, and also included Upfront Ventures, Revolution, BOLD Capital, and Compound. The company says its robots are remote controlled, and are initially focused on treatments of glioma and Huntington's disease.
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