TechCrunch LA
MARCH 9, 2018
“It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the process of raising as much as $100 million on a $300 million valuation, according to several people with knowledge of the company’s […].
Berkonomics
MARCH 8, 2018
Give one percent equity to each outside board member vesting over four years of service. Many early stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members. Here is my best advice, based upon many boards and many years. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service.
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Both Sides of the Table
MARCH 8, 2018
Upfront Ventures has a deep-seated commitment to equality in funding & building diverse teams across all ethnicities, nationalities and genders. We do this not just because it’s the right thing to do but also we believe it will help drive large and differentiated returns. In 2017 we began inserting an “Inclusion Clause” into our term sheets because we believe that the culture one establishes at the earliest stages of one’s business will set out the course of how it will grow and develop.
socalTECH
MARCH 6, 2018
Do you have a startup idea, and a team, but no seed funding, and are even too early for an early stage startup accelerator? A new program in Los Angeles, Startup Boost / Los Angeles , says it is launching a "pre-accelerator" program which aims to help bridge the gap between a team with an "evolved" idea and seed investors and accelerator programs. The program--which is taking applications here in Los Angeles until March 22nd--said it is looking for eight startups to include in a six week mentors
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.
TechCrunch LA
MARCH 9, 2018
“It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the process of raising as much as $100 million on a $300 million valuation, according to several people with knowledge of the company’s plans.
L.A. Business Journal
MARCH 7, 2018
Snap Inc. expected to announce layoffs; AeroVironment secures contract, narrows losses; and Ordermark raises $3.1 million.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
MARCH 5, 2018
Pasadena-based robot developer Miso Robotics says it has officially launched its burger flipping robot, "Flippy", at CaliBurger's Pasadena location--and, separately, has inked a partnership to bring its robotics technology to the sports and entertainment venue market. Miso's robot flips burger patties and cooks them to order, removing them from the grill when ready.
TechCrunch LA
MARCH 6, 2018
WHOOP, the company behind the Tesla of health tracking and sports performance wearables, has raised a whopping $25 million in a new round of funding. The round was comprised of a slew of prominent investment firms and individual investors including the Durant Company, the National Football League Players Association, former NBA commissioner David Stern, Twitter […].
L.A. Business Journal
MARCH 9, 2018
Robots and other automation are coming to a local fast-food chain.
InfoChachkie
MARCH 6, 2018
A version of this article previously appeared in Forbes. One of my former students, Sieva Kozinsky, Co-Founder & CEO of StudySoup recently shared his startup insights with my UC Santa Barbara students. He offered my students a litany of compelling suggestions. However, the one that stood out to me was the importance of curating their peer groups in advance of graduating and starting an entrepreneurial career.
socalTECH
MARCH 9, 2018
In an only-in-LA story, a newly funded startup-- OrderMark , the newly funded startup focused on helping restaurants juggle online ordering from multiple services, has been birthed out of LA's iconic Canter's Deli. Ordermark--which has the making of some of LA's smartest investors, TenOneTen Capital, Act One Ventures, and Mucker Capital, among others--has developed a system which takes the online orders from a dozen or so different online ordering systems, and prints them out in all one place in
TechCrunch LA
MARCH 7, 2018
The Fabric, an early-stage investment company developing new infrastructure technologies, has raised $15 million for its third investment vehicle. Announced at the Montgomery Summit in Santa Monica, Calif., the new financing came from Verizon Ventures (the investment arm of TechCrunch’s parent company’s parent company) and March Capital Partners a Los Angeles-based venture capital firm.
L.A. Business Journal
MARCH 9, 2018
Hollywood company wants to modernize engagement ring buying.
SoCal Tech Calendar
MARCH 9, 2018
Thursday, March 15, 2018 -- TCVN Workshop: How to Build a Revenue Machine. Many startups and small businesses view online advertising as an expensive, risky, and confusing undertaking. However, it is actually very inexpensive to test and can be highly profitable if managed correctly. In this workshop, Alex Jewett will demystify the workings of Google Adwords and show you the simple steps to getting started with a search pay-per-click advertising campaign.
socalTECH
MARCH 7, 2018
Venice, California-based Amplify LA , the startup investor which got its start as one of LA's first startup accelerators, said this week that it has added two new companies-- Kulagy and Tapcart --as part of its portfolio of companies. Financial details of any investment in the two startups were not announced. Kulagy helps connect physical therapists with patients, and bills itself as the "world's first mobile physical therapy clinic".
Xconomy
MARCH 8, 2018
Xconomy will explore the confluence of “big biology” with “big data” at our half-day forum on April 26. Just as the computing industry opened the way to technologies that enabled people to manage and analyze information in unprecedented ways, a new era in biology is opening the way for new technologies for understanding and using the code of life. And just as software focused initially on the IT sector before revolutionizing industries through companies like Amazon, Ebay, and Lyft, today’s innov
L.A. Business Journal
MARCH 9, 2018
14,500 job seekers attended the second annual Tech Fair LA at the Reef in Downtown Los Angeles. The event was created and hosted by Comparably CEO Jason Nazar, in partnership with Mayor Garcetti and the Annenberg Foundation. Attendees had the opportunity to meet 250 companies, including SpaceX, Zip Recruiter, GOAT, YouTube and Lyft.
SoCal Tech Calendar
MARCH 9, 2018
Thursday, March 15, 2018 --.
socalTECH
MARCH 5, 2018
Hawthorne-based SpaceX said today that it is now targeting launch of the Hispasat 30W-6 satellite for tonight, at 12:33 a.m. EST, from Cape Canaveral Air Force Station in Florida. SpaceX--which had originally planned to launch the satellite payload in February--said the satellite will be the largest, geostationary satellite the company has ever flown.
Tech.Co
MARCH 8, 2018
Whenever you get the opportunity to talk with an investor, do it. Getting face time with VCs or people of influence is an ongoing challenge for startup founders, and it may take layers of introductions to get to the right person. Fortunately, for those headed to SXSW, Startup Night SXSW 2018 , presented by the Kauffman Foundation and TechCo, will be filled with investors from a multitude of industries who are looking to discover and fund startups building the latest solutions and tech innovation
L.A. Business Journal
MARCH 9, 2018
Bird raises $100 million in Series B; Tech Fair LA; and Upfront Ventures proposes term sheet requiring companies to interview women and underrepresented groups.
SoCal Tech Calendar
MARCH 7, 2018
Tuesday, March 13, 2018 -- LA Female Founder Office Hours. This is the first in a series of Female Founder Office Hours, staffed by female partners from a collective of VC firms. For our first event, we'll be focused on helping seed-stage female founders with their pitches. We'll be offering forty 1:1 office hour slots with 10 female VC partners from Benchmark, Canaan, Cowboy, Forerunner, Freestyle, Lux, Sequoia, and Reach.
socalTECH
MARCH 5, 2018
San Diego-based Qualcomm said this morning that it has shipped the world's first available draft 802.11ax carrier gateway product. According to Qualcomm, the company's new IPQ807x family of 802.11ax chipsets are being deployed in a new device, the BL1000HQ, to home subscribers in Japan, and will offer up 4x higher wireless networking throughput to users.
Tech.Co
MARCH 5, 2018
In 2017, society experienced more data security breaches than any year prior. “The final number of data breaches reported was 1,579, a 45 percent increase over 2016’s number of data breaches. Businesses continued to suffer the majority of breaches and more than eight times the number of Social Security numbers were exposed in 2017 than in 2016,” according to a report by the Identity Resource Center.
L.A. Business Journal
MARCH 9, 2018
Santa Monica-based Bird, an electric vehicle sharing company, announced a $100 million Series B funding round on March 9. Valor Equity and Index Ventures were the primary investors, while Craft Ventures and Goldcrest increased their existing investments. Additional investors included Tusk Ventures and Upfront Ventures.
SoCal Tech Calendar
MARCH 5, 2018
Wednesday, March 7, 2018 -- ACG 101 Annual Food and Agriculture Update. California's $45 billion agriculture industry has long had to deal with problems like drought, labor shortages, steep land prices and regulatory pressures. This year, natural disasters have brought even more challenges to our area's food and ag industry. Today these vitally important food producers have to respond to new demands from retailers and consumers, and conduct business in a global market.
socalTECH
MARCH 5, 2018
San Diego-based BioDuro , a life sciences contract research and development provider, announced this morning that it has acquired Molecular Response LLC , which provides a large collection of viable tumor specimens for the oncology market. Financial details of the buy were not announced. According to BioDuro, Molecular Response has a biobank of over 100,000 viable tumor specimens, which are used for drug discovery, oncology, and immunooncology studies.
Xconomy
MARCH 9, 2018
If a shopper interacts with technology in a typical grocery store, it’s usually at the very end—as they are paying for their items. That could be about to change, though. “Scanning loyalty cards at checkout is a lost opportunity,” says Eliahu Sussman, marketing manager at Aila Technologies, a Boston-area maker of retail devices such as digital kiosks and handheld scanners.
L.A. Business Journal
MARCH 8, 2018
Atom Tickets raises $60 million; EvGo taps Cathy Zoi as CEO; and Stamps.com’s ShippingEasy targets Amazon sellers.
SoCal Tech Calendar
MARCH 5, 2018
Sunday, March 11, 2018 --.
socalTECH
MARCH 7, 2018
Walt Disney Studios and Accenture are in an effort to harness emerging technology in the area of entertainment, with a new effort they are calling Disney StudioLAB , the two said on Tuesday. According to the companies, StudioLAB will be dedicated to "reimagining, designing and prototyping" entertainment experiences and production capabilities, using cutting-edge, innovative technologies.
Xconomy
MARCH 6, 2018
Healthcare innovation is very personal for Melinda Richter. She was an ambitious 26-year-old, posted by a global telecom company to Beijing as part of its fast-track leadership program. “I had the express intent of being president one day,” she says. “I thought I had the world by the tail.” But during a walk in the woods, Richter was bitten by a bug, a seemingly inconsequential event that would later threaten her life.
L.A. Business Journal
MARCH 6, 2018
SpaceX successfully launches Hispasat 30W-6; FreedomPop to partner with Prudential; and Triton Digital renews relationship with Beasley Media Group.
SoCal Tech Calendar
MARCH 4, 2018
Saturday, March 10, 2018 --.
socalTECH
MARCH 7, 2018
Pasadena, California- and Oxford, UK-based Rockley Photonics , a new startup focused on integrated optics for high-density digital systems, has raised $40M in a funding round, the company said on Wednesday morning. The company says it has now raised a total of $100M. The newest round goes to expand the design and production of its high performance optical networking solutions, according to the firm.
Xconomy
MARCH 5, 2018
As Qualcomm (NASDAQ: QCOM ) prepares for its annual shareholders meeting Tuesday, March 6, its takeover battle with Broadcom (NASDAQ: BRCM ), has much of San Diego pondering a question reminiscent of a Joni Mitchell song: “Oh, don’t it always seem to go, that you don’t know what you’ve got ’til it’s gone?” If Qualcomm accept Broadcom’s proposal, estimated at somewhere around $120 billion, San Diego community leaders say the effects would be far-reaching—even i
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