Sat.Nov 25, 2017 - Fri.Dec 01, 2017

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Avoid “The tyranny of the new office” syndrome.

Berkonomics

Close. One of the most obvious observations I make with growing company CEO’s is that planning for a new office is done with an optimistic view of the future, incorporating planned space that compromises only slightly the measured needs for the next three or more years as outlined in the financial forecast. The result, signing a lease for space enough to handle the growth called for in the plan, is a predictable group behavior I’ve come to label “The tyranny of the new office.

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Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Noah Heller, one of the chief architects of Hulu's virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed.

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Trending Sources

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Independent Technology Group Acquired By InterVision Systems

socalTECH

Westlake Village-based Independent Technology Group , a provider of information technology services, including networking, storage, and security services, has been acquired by Santa Clara, California-based InterVision Systems. InterVision is owned by private equity investor Huron Capital. Financial terms of the acquisition were not announced. ITG was led by Kevin Barker and Doug Martin, who the companies said will remain active in the business.

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Silicon Beach Report Dec. 1: Faraday Future’s Chief Designer, Richard Kim, Resigns

L.A. Business Journal

Early executive and chief designer at Faraday Future, Richard Kim, resigns; Disney sues Redbox over movie download codes; and Tinder’s artificial intelligence feature suggests who to ‘Super Like.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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10th Annual Digital Family Reunion

SoCal Tech Calendar

Wednesday, December 6, 2017 -- 10th Annual Digital Family Reunion: Envisioning LA Tech in 2027. Please join us for the 10th Annual Digital Family Reunion: Envisioning LA Tech in 2027. If you've attended before, you already know the magic of DFR.and if this is your first, get ready to experience what happens when LA's entire tech community convenes to celebrate all that connects us.

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Former Hulu exec Noah Heller launches new venture fund to focus on LA tech

TechCrunch LA

Noah Heller, one of the chief architects of Hulu’s virtual reality strategy, has left the video streaming service to set up his own venture firm, 3Rodeo. Primarily focused on backing Los Angeles-based technology startups, the new fund has already committed capital to three deals, Heller confirmed. Read More.

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Silicon Beach Report Nov. 29: Proofpoint to Acquire Secure Browser Developer Weblife for $66 Million

L.A. Business Journal

Proofpoint to acquire secure browser developer Weblife for $66 million, SpaceX will fly cargo to the Space Station on a used Falcon 9 Rocket and Evan Spiegel explains why Snapchat is separating social from media in redesign.

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Global LAVA: Blockchain and Cryptocurrency Investing

SoCal Tech Calendar

Thursday, November 30, 2017 -- Global LAVA: Blockchain and Cryptocurrency Investing. Speakers: Sheri Kaiserman, Head of Advanced Securities at Wedbush; Brad Bulent Yarar, Co-Founder Blockchain Investors Consortium (BIC); Adam Ettinger, Shephard Mullin; Heidi Pease, Co-Founder of UCLA and Los Angeles Blockchain Labs.

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Enjoius raises $1.4 million to bring its party planning services to you

TechCrunch LA

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party.

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Report: Faraday Future's Chief Designer Resigns

socalTECH

A report this morning says that the Chief Designer for Los Angeles-based Faraday Future , Richard Kim, has resigned--and many employees are skipping work as the company continues to look for investment. The report, from The Verge, follows earlier, high profile executive departures at the electric car designer in November. READ MORE>>.

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Silicon Beach Report Nov. 27: Snapchat Launches Augmented Reality Product Placement

L.A. Business Journal

Snapchat launches augmented reality product placement; Hulu exec departs to launch virtual reality investment fund and human beats NASA’s JPL artificial-intelligent controlled drone in race.

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How Snapchat Is Taking a Crack at Stopping Fake News

Tech.Co

As of an August Pew Research study , 43 percent of Americans report “often getting news online,” just seven percentage points lower than the number who get their news from TV sources. In other words, the internet is a huge and growing source of news — and it’s a lot harder to regulate the internet than television. Fears of incorrect news items, creating by bad actors hoping to profit off of their viral posts shared on the strength of tribal prejudices, haunt many people in 2017

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Enjoius raises $1.4 million to bring its party planning services to you

TechCrunch LA

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Read More.

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Bridg Names New CTO

socalTECH

Los Angeles-based Bridg has named a new CTO, saying today that Rony Sawdayi has been appointed as Chief Technology Officer. Sawdayi was previously Vice President of Engineering at Bizrate Insights Inc. Bridg said that Sawdayi will report to Amit Jain, the company's CEO. Bridg develops software that uses point-of-sale (POS) data to drive personalized marketing campaigns.

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Silicon Beach Nov. 28: Falcon Heavy Launch Date Slips into Next Year

L.A. Business Journal

Falcon Heavy launch date slips into next year, Great Hill Partners commits up to $75 million to Reliam and RYOT Studio announces cast for Hulu virtual reality comedy.

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4 Startup Mega Campuses Coming to Europe

Tech.Co

Mega startup campuses, the latest trend in coworking, are spreading their wings in Europe. They are different from the traditional coworking space not just in size, but also in scope and ambition. As the founding head of Campus London , Google’s first physical hub for startups and now home to over 80,000 registered members, I thought it would be interesting to share the latest developments in this space from my perspective.

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With $114M Injection, Semma Continues Quest for Diabetes Cell Therapy

Xconomy

For all the excitement surrounding stem-cell based therapies in the early 2000s, the field still has little to show for it in terms of approved therapies. The many technical challenges of working with stem cells have not, however, deterred Semma Therapeutics, which today announced a whopping $114 million Series B round from a sizable list of investors.

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NASA Plans First Re-Use Of SpaceX Booster In December

socalTECH

NASA said on Wednesday that it plans to use a "flight-proven" booster rocket from Hawthorne-based SpaceX on its next Commercial Resupply Mission (CRS-13), the first time the agency will use a returned SpaceX booster in a mission. SpaceX already has been sending payloads into space with its previously flown Falcon 9 booster rockets for other customers.

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Proofpoint to Acquire Secure Browser Developer Weblife for $66 Million

L.A. Business Journal

Proofpoint announced Wednesday plans to acquire anonymous web browser developer Weblife of Hollywood for $66 million.

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8 Incubators From Around the Country You Might Not Have Heard of Before

Tech.Co

Here at TechCo, we’ve done plenty of lists rounding up the most impressive incubators, accelerators, and coworking spaces in plenty of major cities and across a variety of sectors, from the best healthcare accelerators to a collection of the top women-only coworking spaces. But in the process of pulling together those articles on the biggest cities, we uncovered some hidden gems and businesses within the ecosystem.

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“Responsive” Machine Learning Could Lessen Cybersecurity Tradeoffs

Xconomy

In the wake of the Equifax breach and the global WannaCry ransomware outbreak earlier this year, tensions around cybersecurity are running high. According to a recent study conducted by the Ponemon Institute and sponsored by Barkly, seven out of 10 organizations are reporting their security risk has significantly increased during the past 12 months.

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Weblife Acquired By ProofPoint For $66M

socalTECH

Los Angeles-based Weblife , a developer of secure, employee web browsing software, has been acquired by Proofpoint , in a $66M all cash deal, the companies announced today. Proofpoint said it will use the acquisition to extend its email malware protection to users' personal email accounts. Weblife was venture backed by a new, venture capital investment firm in Los Angeles, Nordic Eye, which has offices in both LA and Copenhagen.

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Silicon Beach Report Nov. 30: Boring Co. Proposes 150 mph “Loop” for Chicago

L.A. Business Journal

Boring Co. proposes 150 mph “Loop” for Chicago, party planning website Enjoius raises $1.4 million and Surf Air to accept Bitcoin for payment.

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Maine’s Largest Hospital Launches Internal Health Tech Accelerator

Tech.Co

Maine Medical Center, Maine’s largest hospital, is investing in their employees and giving them a chance to act on their innovative ideas that could transform healthcare. The Innovation Cohort is the hospital’s internal startup accelerator for physicians and other employees who have ideas for new products and services to improve healthcare. The program supports faculty, trainees and staff in transforming their ‘back of the envelope’ drawing into a final product or service ready for clinica

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After Successful Pilot, Apprenti Expands Tech Training Program

Xconomy

Those of us who keep tabs on the tech world hear a lot about the challenges of hiring and retaining IT talent. According to a forecast by the U.S. Bureau of Labor Statistics , more than 1.3 million new computer programming and computer support specialist jobs will be created across the country by 2022, and as businesses across all sectors become more tech-enabled and tech-dependent, that dearth of talent will only get worse.

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Snapchat's Evan Spiegel: Fake News Is Social Media's Fault

socalTECH

In an editorial, posted this morning, Snap, Inc. CEO Evan Spiegel blames social media --implying, indirectly, Facebook--for the phenomenon of "fake news", saying that personalized newsfeeds have revolutionized the way people share and consume content but at a "huge cost to facts, our minds and the entire media industry." In an attempt to separate Snapchat from Facebook--and despite the service being widely considered a social media service--Spiegel said Snapchat actually began as "an escape from

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High-End Drone Tech Finds Way

L.A. Business Journal

How domestic drone makers can fly above offshore competitors.

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10 Strategies To Kick Up How You Will Be Remembered

Startup Professionals Musings

Every entrepreneur and business leader waits too long before really working on the legacy that he wants to leave to society and his family. They realize too late that they don’t really want to be remembered for how many hours they spent on airplanes, how many emails they produced, or even how much money they made for the business. If you disappeared today, what would your legacy show?

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Joining Trend, WI Creates New Business Entity: Benefit Corporations

Xconomy

On Monday, Wisconsin enacted legislation allowing companies to incorporate as benefit corporations. Although this may sound like routine, small-time legislative business, it is just as significant as major policy initiatives being debated in the halls of Congress. On issues from net neutrality to workers’ rights, corporations are perceived to—and often do—engage in practices that maximize profits at the expense of their workers and the general public.

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DFR Gives Bitcoin Entrepreneur Brock Pierce Outstanding Achievement Award

socalTECH

The annual Digital Family Reunion (DFR) said on Friday that it is awarding Bitcoin entrepreneur Brock Pierce its Outstanding Achievement Award this year, as part of its annual festivities, which are now in its tenth year. Pierce is Chairman of the Bitcoin Foundation, co-founder of Blockchain Capital, co-founder and Head of Strategy at Block.one, founding board member of Mastercoin (inventor of the ICO), and an advisor to Bancor.

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Los Angeles Auto Show

SoCal Tech Calendar

Friday, December 1, 2017 --.

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6 Key Tenets Of A Winning Marketing Story In Business

Startup Professionals Musings

In my role as a mentor to entrepreneurs and an angel investor, I find that too many are stuck in this myth that a good pitch, and good marketing content, should consist of more product features, and more hype on customer benefits. Naturally, these are important, but real winning content has to start with a story that excites people’s imagination, and pulls them in emotionally.

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VCs Put More Dollars Into Exosomes as Codiak Bio Lands $76M

Xconomy

Codiak BioSciences, the startup run by former Biogen (NASDAQ: BIIB ) research chief Doug Williams, has rung up its third big round of cash in two years. The Cambridge, MA, company has closed a $76.5 million Series C round from a large group of investors, among them founding backers Flagship Pioneering and Arch Venture Partners, and new participants EcoR1 Capital and Casdin Capital.

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Redfin Launches Concierge Home Sales In LA

socalTECH

Online real estate brokerage Redfin said this morning that it is launching a brand new, "concierge" service in Los Angeles and Washington, D.C., where the company will take care of the deep cleaning, painting, staging, and landscaping of a home before a sale. According to Redfin, the trial of the new Redfin Concierge Service will only be available in LA and Washington D.C., and will be available for a 2 percent listing fee.

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Elon Musk Wins $50M Bet With Lithium-Ion Battery Project In Australia

socalTECH

Elon Musk , the Los Angeles technology mogul behind such companies as Tesla Motors and SpaceX , has won a $50 million bet, after Tesla built a 129 megawatt (MW) hour Lithium battery farm in Australia to help ease power grid issues in that country. Musk had bet that Tesla would be able to build and install the battery farm in less than 100 days of signing a grid agreement with south Australia, which has been faced an ongoing blackout issue.

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Aerie Pharmaceuticals Names HR VP

socalTECH

Irvine-based Aerie Pharmaceuticals announced this morning that it has named Paul Bae as the company's new Vice President of Human Resources. The pharmaceuticals company, which is focused on developing therapies for treating glaucoma and other eye diseases, said Bae was previously at St. Jude Medical. Bae will report to Kathy McGinley, Aerie's Vice President of Human Resources and Corporate Services.

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