Both Sides of the Table
FEBRUARY 28, 2018
There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers. If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it. This is an age-old marketplace tension where leverage often determines the value captured.
TechCrunch LA
MARCH 1, 2018
This is an excerpt from Ryan Holiday’s new book Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue, available now. Peter Thiel’s vague idea to do something about Gawker, the site that had outed him as gay in 2007, was concretized into conspiracy on April 6, 2011. It began unremarkably, when Thiel traveled […].
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Berkonomics
MARCH 1, 2018
Many of us have someone who reports directly to us and who supervises others in return. If that fits, well then, this one is for you. And it is one of the most important lessons you can learn as a manager or board member of a company or a non-profit enterprise. I first heard this expression in a governance seminar for a non-profit higher educational board upon which I sit, years ago.
L.A. Business Journal
FEBRUARY 27, 2018
In a deal expected to be worth at least $1 billion, Amazon will acquire Ring, a Santa Monica-based startup that makes security cameras and doorbells operated through smartphones.
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.
Both Sides of the Table
FEBRUARY 25, 2018
If I had just one wish for VCs it would be that they would preview the Ted Bunch “Man Box” talk at the Upfront Summit at their Monday Partner Meetings. I would love it if startup leadership teams would preview it to their executive leadership. We need to learn from women and listen to them. We also need to start having a conversation amongst men about how men talk and behave and about the silence that leads to consent if we’re going to make necessary changes.
socalTECH
FEBRUARY 28, 2018
Los Angeles-based venture investor Wavemaker Partners has seen one of its portfolio companies hit the public markets, albeit via an unusual, reverse merger arrangement. According to Phunware , a developer of mobile application lifecycle management software, it has been acquired by Stellar Acquisition II , which is listed on the NASDAQ Stock Market. Stellar is a so-called "blank check acquisition company" specifically designed to for reverse mergers.
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L.A. Business Journal
FEBRUARY 26, 2018
Private equity firm Marlin Equity Partners announced on Feb. 23 that it acquired AddStructure Inc., a developer of search and discovery applications for e-commerce companies, for an undisclosed amount.
Tech.Co
MARCH 1, 2018
Everything is bigger in Texas. And while that cliché has been said about everything in the Lone Star state for years, it rings particularly true for the hottest startups showcasing their big innovations at SXSW Startup Night 2018 presented by the Kauffman Foundation and TechCo. It is here that 25 of the most diverse startups from around the world will showcase their latest technology and compete for prizes and a chance to be fast tracked as one of the Startup of the Year semifinalists at Innovat
socalTECH
FEBRUARY 26, 2018
[link] Playa Vista-based Hyperloop Transportation Technologies (HTT), the startup founded by Dirk Ahlborn and Bibop Gresta which is one of a number in the LA area focused on bringing the Hyperloop technology to market, says it has received funding worth $1.2 million for its feasability study to connect Cleveland to Chicago with its technology. HTT, along with the Northeast Ohio Areawide Coordinating Agency (NOACA) said the Great Lakes Hyperloop consortium have raised $1.2 million to finance a st
SoCal Tech Calendar
MARCH 2, 2018
Thursday, March 8, 2018 -- The Montgomery Summit. The Montgomery Summit gathers an invited group of entrepreneurs, senior investors, and leading executives to discover the most important innovations in business and technology. The event features two days of presentations, keynotes, panels, and salons at the Fairmont Miramar Hotel in Santa Monica, Calif.
L.A. Business Journal
FEBRUARY 27, 2018
Amazon to acquire Ring for estimated $1 billion; Sprint plans for 5G network in Los Angeles; and Amp.it to participate in Google Demo Day.
Tech.Co
MARCH 2, 2018
Everyone wants a fair chance at the American dream. And if you have a big idea, the opportunity to create your destiny should be available to you. Fortunately, the Kauffman Foundation is dedicated to breaking down barriers, empowering the doers, and opening doors of opportunity to people regardless of race, age or where they come from to achieve uncommon things.
socalTECH
FEBRUARY 26, 2018
Hawthorne-based SpaceX delayed its anticipated launch of the Hispasat 30W-6 satellite over the weekend, saying that it needed to conduct additional testing on the Falcon 9's fairing's pressurization system before launch. SpaceX had hoped to launch the Hispasat 30W-6 mission on Sunday mornig from Florida. SpaceX has not yet rescheduled the launch time for the new mission.
SoCal Tech Calendar
MARCH 1, 2018
Wednesday, March 7, 2018 -- The Montgomery Summit. The Montgomery Summit gathers an invited group of entrepreneurs, senior investors, and leading executives to discover the most important innovations in business and technology. The event features two days of presentations, keynotes, panels, and salons at the Fairmont Miramar Hotel in Santa Monica, Calif.
L.A. Business Journal
MARCH 1, 2018
LA-Tokyo entertainment tech fund hires VC; EVgo reduces charging station prices; and Scalefast raises $8 million in Series A funding.
Startup Professionals Musings
MARCH 2, 2018
One of the lessons I have learned over the years as a business executive, and now as a mentor to entrepreneurs, is that if you really want employees who enthusiastically take ownership of their work, you have to start treating them like owners, not renters. Owners feel they have skin in the game, and benefit from improved effort and results, rather than just getting blamed for problems.
socalTECH
FEBRUARY 27, 2018
San Diego-based Citadel Defense Company , which develops systems to neutralize the threat of drones to the US military, critical infrastructure, and other potential targets, said this morning that it has raised $12M in a Series A funding round. The funding was led by Lightspeed Venture Partners. Citadel, led by CEO and co-founder Daniel Magy, says its technology works by scanning the RF spectrum for drone control signals and first-person-view (FPV) downlinks, and allowing operators to defeat Wi-
SoCal Tech Calendar
MARCH 1, 2018
Wednesday, March 7, 2018 -- LA Blockchain Developers Night In Santa Monica. Calling all Software Engineers, or anyone wanting to build applications using the blockchain! Join us on Wednesday, March 7th from 7pm to 9pm in Santa Monica for dinner and technical talks from community members. Attendees will have the opportunity to do some networking and hear from 3 engineers who are currently working on projects that interface with the blockchain.
L.A. Business Journal
MARCH 1, 2018
A Ventura County Superior Court jury awarded AeroVironment Inc. more than $2 million after finding three former employees engaged in fraud and breached patent and confidentiality agreements.
Xconomy
MARCH 2, 2018
Food spoilage can cost big retailers like Walmart billions in losses. Now, the Arkansas-based giant says it has filed two patents on technology that can digitize the current inspection process for perishable goods. Called Eden, the initiative is in its early stages, but the idea is to use artificial intelligence and cameras to create a “freshness algorithm” used by employees at Walmart’s distribution centers.
socalTECH
MARCH 2, 2018
Aliso Viejo-based semiconductor maker Microsemi is being acquired by fellow chip maker Microchip Technology , in a deal worth a massive, $8.35 billion, the two said on Thursday. According to the two, Microchip will pay $68.78 per share in cash for Microsemi, in a deal which will have a total enterprise value of about $10.15 billion after accounting for Microsemi's cash and investments, net of debt.
SoCal Tech Calendar
MARCH 1, 2018
Wednesday, March 7, 2018 -- Lifelong Happiness: Your Secret Weapon at Work and In Life. Russell Fischer Business Collection, Camarillo Library. What would your life feel like if you could be 98.6% stress-free, and you were able to exude complete confidence and happiness everywhere you go on a daily basis? The good news is you can stop wondering and start experiencing this for yourself immediately.
L.A. Business Journal
FEBRUARY 28, 2018
Snap putting more than half of office space in Venice up for lease; data visualization startup Virtualitics raises $7 million; and Overwatch League hires former WME-IMG VP of Licensing.
Xconomy
MARCH 2, 2018
Amid intensifying global demand for workers who can extract insights from zettabytes of data, the University of California, San Diego held a dedication ceremony Friday for its new Halicio?lu Data Science Institute. The center, made possible by a $75 million gift from UC San Diego alumnus and early Facebook employee Taner Halicio?lu, is intended to encourage the development and use of new data science technologies in just about every field on campus—and beyond.
socalTECH
MARCH 1, 2018
Los Angeles-based Love Goodly , which offers up healthier, nontoxic, and cruelty-free beauty products via a subscription box, says it has started raising funding on equity crowdfunding site Seedinvest. The startup, founded by Justine Lassoff and Katie Bogue Miller, provides a bi-monthly subscription box which the company says makes it easier to discover nontoxic and cruelty-free products for beauty, skincare, wellness, and an eco-friendly lifestyle.
SoCal Tech Calendar
FEBRUARY 26, 2018
Wednesday, February 28, 2018 -- Beverly Hills Blockchain Meeting.
L.A. Business Journal
FEBRUARY 26, 2018
Hollar announces search for new CEO; Snapchat to give free ads to startups; and Hyperloop Transportation Technologies raises $1.2 million to study Cleveland-Chicago route.
Xconomy
MARCH 1, 2018
As robots become more intelligent, mobile, and prevalent in everyday life, humans will have to figure out how to coexist with these more advanced machines. That prospect raises plenty of deep questions, but a simpler, more immediate concern is making sure mobile machines can navigate their surroundings without injuring humans or causing other kinds of damage.
socalTECH
FEBRUARY 26, 2018
Are you an event organizer, and expect your parking lot to be packed with EVs needing charging? Los Angeles-based EV Safe Charge has the solution for you: a new service which offers up mobile chargers for event organizers and others. According to EV Safe Charge, its new service, EV Charge Mobile, will provide portable Level 2 and DC fast EV charging systems for event organizers who need temporary EV charging on any site.
L.A. Business Journal
MARCH 2, 2018
Snap skips employee bonuses; Hulu buys Madison Square Garden Theater naming rights; and StartEngine launches first regulated ICO.
Xconomy
MARCH 2, 2018
These days, it’s not just Snow White’s stepmother who has a mirror that talks back. Thanks to augmented reality, Internet of Things, and data analytics technologies, more of us might be confronted with so-called “smart mirrors” the next time we try on clothes or accessories in a store. While mirrors are typically static pieces of glass, they are now being converted into high-tech portals that can make suggestions to complete an outfit, transport the reflected image into a beach scene or cityscap
socalTECH
FEBRUARY 26, 2018
Los Angeles-based startup studio Science Inc. has officially launched a new company, SpringRole , which it says will use blockchain to create a new, professional reputation network. The new network looks to be taking aim at LinkedIn, currently the dominant professional networking service. According to Science, the use of blockchain--the core technology behind the cryptocurrency Bitcoin--will elimate fraud from user profiles, by attaching a cost to endorsing others.
Southern California Edison Blog
FEBRUARY 28, 2018
Enterprise clients have very specific telecommunications needs. Any interruption in service can have drastic effects on productivity, customer service, and on your bottom line. Experts estimate that the average cost of downtime per hour is estimated at $8500 for a small enterprise, $215,000 for a mid-sized company, and $686,000 for a large corporation.
Xconomy
MARCH 1, 2018
Thanks to advertising blitzes from companies like Ancestry.com and 23andMe, Joe and Jane Consumer might know that their genetic blueprint and $100 or so can dig up insights about their genealogy. San Carlos, CA-based startup Helix is banking on that budding curiosity to provide a market for all kinds of consumer apps fueled by a person’s DNA. The firm said today it has raised $200 million from high-profile investors to expand its online app store, which currently has 34 products across six
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