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What's the best way to build a strong portfolio of technology companies, which tap into the broadest markets and avoids the "bubble" group-think of many venture firms? For this morning's interview, we sat down with Marlon Nichols , co-founder and Managing Partner of Los Angeles-based Cross Culture Ventures (crossculturevc.com). Nichols is a former Kauffman Fellow and investment director at Intel Capital, and tells us how his fund--which he co-founded with Atom Factory's Troy Carter--is looking t
Costa Mesa-based OPKIX , which is developing a "smart camera" and related editing and sharing apps, announced today that it has raised $11.8M in a Series B funding round. The funding came from angels, including Ash Avildsen (Founder and CEO of Sumerian Records and Films); Dorian van Rijsselberghe (Olympic gold medalist), Robbie Maddison (stunt rider) and Joel Parkinson (surfer).
Santa Monica-based Trill Project, founded by four high-schoolers who want to make social media safer, received on Aug. 15 a total $550,000 in a seed round led by Founders Bootcamp. Founders Bootcamp is a venture studio focused solely on high school entrepreneurs and run out of the UCLA Anderson School of Management’s Cross-Campus space.
One of the most valuable tools in an executive’s arsenal is the use of the question chain in planning meetings or to analyze scenarios that might result from an action. The powerful words are “What if…” followed by an ever-deeper question that follows the possible results of an action, or a decision based upon the last “What if” question. The beauty of the method.
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.
There’s nothing inherently social about VR. In fact, putting on a headset and entering your own world can be a fairly isolating experience. But Survios’ latest offering is looking to turn that truism on its head. Electronauts is designed to deliver a social experience, in which players can create music for their surroundings. The new title is immersive, but designed to be played in a social setting, like a party.
Los Angeles-based Fullscreen has named a new vice president, the company disclosed this week. Fullscreen named Stu Smith as VP of Talent for the company, which develops online video content. Smith was most recently at Omaze, a company which develops fundraising software, and reportedly will work on developing strategic programs for Fullscreen's talent clients.
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Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Time is too precious to waste trying to close a deal with the wrong investors at the wrong time. Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table. The key is understanding how potential investors see you, and especially how they view the maturity stage of your startup.
Los Angeles-based digital advertising firm H Code , which focuses on the U.S. Hispanic market, has signed a deal with media and publishing company Metro LATAM. Metro LATAM is the Latin American division of Metro International. According to H Code, it will exclusively represent all ad inventory in the US for Metro LATAM's sites in Mexico, Puerto Rico, Chile, and Colombia.
Santa Monica headquartered outsourcing service TaskUs Inc. announced Aug. 23 it will expand operations to Albuquerque, N.M., a move expected to create roughly 700 jobs.
As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. The most common proposals I hear are for yet another social networking site ( over 200 exist ), or another dating site (over 2500 in the US alone). Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare.
Calabasas-based DTS , which develops surround sound and other audio technology, said it has signed up a new hardware partner for its DTS Play-Fi technology. DTS Play-Fi allows manufacturers to implement their own wireless, whole-home audio systems. DTS--which is now a subsidiary of Xperi Corporation--said that it has signed up International Audio Group (IAG), a hardware partner which owns the Audiolab, Mission, QUAD and Wharfedale brands, as a partner.
Most of the people I know in business are just plodding along, working hard, and hoping that their natural talent, with a little random luck, will somehow keep them ahead of the crowd, and let them enjoy their life as well. They don’t realize that you can make your own luck as an entrepreneur, start your own business, and get an unprecedented opportunity to achieve your highest potential.
Broadcom , which has significant operations in Orange County, said this morning that it has received approval of the company's proposed acquisition of CA Technologies , after the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Broadcom had announced its intent to acquisition CA Technologies on July 11th.
Wednesday, August 22, 2018 -- Market Research: The Fuel For Marketing Strategies. American Marketing Association (AMA). We dive into the crucial process of gathering and analyzing information about markets, industries, and products in their competitive spaces. As a result, market research is a key method for providing data and learnings that fuel marketing strategies.
Market opportunities for your new venture are now immediately worldwide, thanks to the pervasive access to the Internet and social media communication. But this doesn’t mean that you can treat the world as one big homogeneous market, ignoring the vastly different geographic cultures, economic, and political realities. Scaling worldwide is like hyperlocal on steroids.
Amazon.com is getting set to open up a new "fulfillment center", this time in Ventura County, in the city of Thousand Oaks, according to local paper The Acorn. According to the report, Amazon has leased space in the Conejo Spectrum Business Park, and is now advertising for such positions as driver trainer, warehouse fulfillment associate and sortation associate.
Monday, August 20, 2018 -- Softec Techbrew. BlockChain and Crypto Currency. Marvin Byrd is a 7 year veteran of the cyber security industry who has specialized in crypto algorithm implementations. Marvin has worked with the PCI (Payment Card Industry) alliance looking at the security of credit card devices devices and side channel attacks for breaking crypto keys.
Every business executive and entrepreneur I know believes they are good or even great leaders, but as an advisor I often hear a different story from their team. You probably have a few stories of your own about a least favorite boss who was always too busy to listen, gave nothing but critical feedback, was prone to emotional outbursts, or simply was not really present in body and spirit.
Los Angeles-based IMDbPro , the subsidiary of Amazon.com which offers up information to entertainment professionals--and which is linked to popular movie information site IMDb --says it has launched a brand new app for Android. According to IMDbPro, the new app allows its members to access its information on the go. The new Android app comes on top of an existing, iPhone app from the company.
It’s back-to-school season and that means it’s time to load up on school supplies. For many students and schools, one crucial item is in high demand but hard to come by: the EpiPen. Some schools stock the epinephrine autoinjectors so they can respond quickly to a student’s allergic reaction to food. Though the autoinjectors are sold by Mylan (NASDAQ: MYL ), they’re made by a Pfizer (NYSE: PFE ) subsidiary whose manufacturing problems have disrupted shipments.
Irvine-based property information provider CoreLogic is estimating this morning that Hurricane Lane, currently spinning not far from Hawaii's Big Island as Category 4 storm, threatenes more than 48,000 homes in Hawaii--with a reconstruction value of more than $8 billion. According to CoreLogic, its analysis, which includes only single-family residential properties, attempts to determine those likely to be impacted by a lower category storm.
Los Angeles-based fashion retailer Forever 21 has jumped on the artificial intelligence bandwagon, with the launch of AI-based, visual search and navigation tools on its online website. According to the company, it is tapping into tools from a New York company, Donde Search, which will offer up personalized recommendations and new visual search tools to help its shoppers find dresses, pants, shorts, jeans and tops.
Los Angeles-based Appetize , which develops modern, tablet-based and other point of sale (POS) systems, said this morning that it has linked with SIDEARM Sports , a provider of mobile apps for the collegiate athletic market. According to the two, SIDEARM has linked to Appetize through its API, allowing fans to select their seat, menu items for purchase, and checkout.
Santa Monica-based business process outsourcing provider TaskUs says it is expanding its operations again, this time, in Albuquerque, New Mexico. According to TaskUs, it expects to create nearly 700 jobs in downtown Albuquerque, for a new Technical Operations and Customer Experience Center. TaskUs has been rapidly expanding outside of Southern California, including hiring nearly 2,000 people at three locations in Texas--not to mention its vast overseas operations in the Philippines.
San Diego-based DexCom has acquired TypeZero Technologies , a developer of diabetes management systems and technology, the company said late Wednesday. According to DexCom, which makes continuous glucose monitoring devices, the deal will help it enhance its offerings with tools to simplify diabetes management. Financial details of the acquisition were not announced.
Sherman Oaks-based Serviz , the on-demand home services company founded by serial entrepreneurs Zorik Gordon and Michael Kline, has been acquired by Porch , another online marketplace for home services. Financial terms of the acquisition were not announced. Porch, which is based in Seattle, said it will integrate the Serviz technology platform into its own site, Porch.com.
For this morning's interview, we have an interview with two of Southern California's most successful serial entrepreneurs, Alex Kazerani and James Segil , now of Los Angeles-based OpenPath. Alex and James founded EdgeCast, which sold to Verizon for more than $350M in 2013. Alex is CEO and Segil is President of the new company, which is focused on access control and management.
Irvine-based technology distributor Ingram Micro said Tuesday that it has received a certification from VMware on its competency on VMware's data center virtualization tools. According to Ingram Micro, it received a VMware Master Services Competency in Data Center Virtualization, which it says reflects on its "strong relationship" it has with VMware.
Los Angeles-based online invitations service Evite has named Diane Malloy as its new Senior Vice President of Advertising and Advertising Operations, the company announced this morning. Malloy was most recently Global Vice President of Programmatic Sales, Strategy and Channel Partnerships at Undertone, and also served at PubMatic, Meredith Corporation (where she was Vice President/Publisher of the Ladies Home Journal), along with Rodale and Time Inc.
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