Both Sides of the Table

FEBRUARY 22, 2018

At the recent Upfront Summit my partner Stuart Lander had the opportunity to show some California Love and interview three of the wealthiest Bitcoin owners, each of whom were some of the earliest owners in the asset class and who haven’t sold any of their holdings. It’s an extraordinary story ranging from Jaime who studies cryptography in college to Bryan who was early in selling products on Silk Road to Steven owns 179,000 Bitcoin worth more than $2 billion.

Class 303

Class Study Product 303

TechCrunch LA

FEBRUARY 22, 2018

What started with an esports team is now quickly becoming an esports empire, backed by some of the biggest names in sports and money managers for entertainment family dynasties and Hollywood power brokers. Vision Esports LP, the esports conglomerate launched by Stratton Sclavos, Rick Fox and Amit Raizada has just closed on a $38 million […].

Hollywood 271

Hollywood Entertainment Los Angeles Activision 271

Berkonomics

FEBRUARY 22, 2018

At one time or another, most all businesses use consultants to fill the gaps in knowledge or to provide guidance for management. Consultants are good in that you can sample their work with short projects, change to other consultants quickly, and stop using them when a project is completed. I have a partner in a consulting practice that specializes in the travel industry.

Sample 243

Sample Report Course Conference 243

socalTECH

FEBRUARY 23, 2018

Redland-based GIS software giant Esri announced on Friday morning that it has acquired ClearTerra , a developer of data extraction technology, from ClearShark, LLC. Financial details of the acquisition were not announced. ClearTerra's technology helps extract unstructured data from emails, briefings, and reports, and automatically extracts geographic coordinates from that information.

Acquisition 180

Acquisition Email Tool Platform 180

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.

Company

L.A. Business Journal

FEBRUARY 22, 2018

Investment fund Vision Esports announced on Feb. 22 that it raised $38 million in a round led by Evolution Media, the investment firm backed by Creative Artists Agency and private equity fund TPG Growth.

Invest 127

Invest Funding Equity Media 127

InfoChachkie

FEBRUARY 23, 2018

A version of this article previously appeared Forbes. Entrepreneurs have to be wily in all of their transactions, especially long-term commitments, such as property leases. In speaking with Steve Bermudez, former senior executive at Citrix, I was surprised that he was able to make money on some of his leases, by baking into his agreements the ability for Citrix to share in the upside realized by its landlord upon a sale of the property.

Entrepreneur 113

Entrepreneur Design Acquisition Sales 113

socalTECH

FEBRUARY 23, 2018

DisasterReady.org , the online learning site created by Santa Monica-based Cornerstone OnDemand and its nonprofit arm, the Cornerstone OnDemand Foundation, is pitching in to help address what the Cornerstone calls "one of the worst humanitarian crises in recent time". According to the Cornerstone OnDemand Foundation, its DisasterReady.org effort has partnered with the Mercy Corps and the International Rescue Committee (IRC) to design and implement free, online learning resources and courses--in

Cornerstone OnDemand 140

Cornerstone OnDemand Help Santa Monica Course 140

L.A. Business Journal

FEBRUARY 23, 2018

Academia, Fortune 500 companies and tech, aerospace, biotech and engineering businesses mix in Pasadena.

Pasadena 170

Pasadena Company Companies 170

Startup Professionals Musings

FEBRUARY 19, 2018

It’s great to start with a big dream as you contemplate a new business, but finding the money you need takes more than dreaming. As an advisor to young entrepreneurs, I find that many are a bit naïve about how the investment process really works. For example, I just read an otherwise impressive business plan last week from a first-timer who asked for $10 million to get started.

Tips 86

Tips Funding Startup Entrepreneur 86

SoCal Tech Calendar

FEBRUARY 21, 2018

Wednesday, February 21, 2018 -- Digital LA - International Startup Cities Pitch and Olympics Viewing Party. Join us for our first International Startup Cities Pitch and Olympics Viewing Party at CTRL Collective DTLA. Representatives from different countries will give a 10 minute overview of their startup tech scenes and connections to LA, followed by startup pitches from startups from each country.

Startup 100

Startup Screening 100

socalTECH

FEBRUARY 21, 2018

Los Angeles-based movie ticketing and information service Fandango reported on Tuesday that it sold more than 30 percent of the tickets for "Black Panther" over the film's four-day opening weekend. According to Fandango, the sales represent one of the company's largest share of opening weekend for any movie in the company's history. According to Fandango, the large percentage of sales came due to its "entire portfolio of digital properties", including an exclusive poster offer from Fandango FanS

Fandango 140

Fandango Sales Los Angeles Report 140

L.A. Business Journal

FEBRUARY 20, 2018

Snap CEO Evan Spiegel sold $50 million in stock; NASA certifies Falcon 9 for science missions; and federal judge bars California’s actor-age censorship law.

Report 124

Report 124

Xconomy

FEBRUARY 20, 2018

As college undergraduates, my roommate and I had what we called a “monowardrobe.” That’s how we described the contents of the closet that lined a wall in our dorm room. We each organized our own clothing on either side, but since we both wore the same size in clothing and shoes, we “shopped” for outfits in either section. “Sharing a closet, that metaphor … describes a peer-to-peer marketplace, an Uber kind of platform for clothing, where there is an endless supply,” says Pano Anthos, managing di

Organization 91

Organization Content Platform San Diego 91

Tech.Co

FEBRUARY 22, 2018

With the rise in startup activity around the country, more local organizations are emerging to help provide resources, training, education, and funding to support underserved communities and their dreams to build a business. At Techstars Startup Week Phoenix 2018 powered by Chase for Business , leaders from Phoenix-based organizations discussed how they help break down barriers to entry for entrepreneurs.

Resource 70

Resource Organization Mentor News 70

socalTECH

FEBRUARY 20, 2018

Hawthorne-based SpaceX says that it is still set for another attempt to launch the PAZ satellite mission into orbit from Vandenberg Air Force Base, on Wednesday, 6:17 a.m. PST. SpaceX said that the weather is "90% favorable" for tomorrow's launch window. SpaceX is attempting to put the PAZ satellite into orbit for Spanish satellite company Hidesat, and also will be putting two of its own satellites into space as secondary cargo.

SpaceX 133

SpaceX Santa Barbara Southern California Hawthorne 133

L.A. Business Journal

FEBRUARY 22, 2018

Kylie Jenner’s tweet cuts $1.3 billion off Snap's market value; investment fund Vision Esports raises $38 million; and SpaceX successfully launches, but narrowly misses catching $6 million nose cone.

SpaceX 100

SpaceX Marketing Report Invest 100

Xconomy

FEBRUARY 22, 2018

In late 2015, the National Science Foundation awarded a $6 million grant to the non-profit organization U.S. Ignite to help drive the development of next-generation “gigabit applications,” as part of a broader effort to create “smart gigabit communities” throughout the U.S. The idea was to both help cities improve local services and spur the development of something that didn’t really exist at the time—a nationwide infrastructure of ultra high-speed networks providing Internet service at s

Organization 85

Organization Ideas Networking Help 85

Tech.Co

FEBRUARY 21, 2018

Making mistakes while building a business is part of the startup journey. But depending on the severity of the lesson, it can set you back or even close the doors for good. Fortunately, a t Techstars Startup Week Phoenix 2018 powered by Chase for Business , cofounders of Phoenix businesses shared their lessons learned when raising capital and using funds to hire the right talent.

Startup 70

Startup Funding News Tips 70

socalTECH

FEBRUARY 21, 2018

Los Angeles-based dating app developer Tinder has been vulnerable to hacking, in an exploit which just required someone to have your phone number, according to a security researcher , who published information on a (now fixed) bug in Tinder's login process. According researchers at security researcher Anand Prakash, the flaw came from Tinder's use of the Facebook Account Kit API, an API which allowed anyone with a Facebook account to sign into Tinder using just their phone number.

Research 124

Research Web Los Angeles Report 124

L.A. Business Journal

FEBRUARY 19, 2018

Elon Musk gets preliminary permit for tunnel in DC; Air Force and Aerojet Rocketdyne renegotiating AR1 development agreement; and IdeaLab’s 3-D printer company New Matter shutting down.

Report 100

Report Develop Development Company 100

Xconomy

FEBRUARY 22, 2018

Austin —It stands to reason that if any industry could resist the tidal wave of e-commerce, it would be the fragrance business. After all, how can you smell a perfume or cologne online to decide if you like the scent? But Eric Korman, founder and CEO of Phlur, says the startup can make it easier for shoppers to find scents they like while also offering up a more bespoke selection of products.

Commerce 84

Commerce Startup Product Artificial Inteligence 84

Tech.Co

FEBRUARY 21, 2018

Phoenix communities are celebrating because JPMorgan Chase has made several local charitable investments to support underserved entrepreneurs and small businesses with the goal of creating jobs and spark a growing economy. At the Techstars Startup Week Phoenix 2018 powered by Chase for Business , the Raza Development Fund and JPMorgan Chase announced a $1.1M fund for a small business lending fund to help them secure loans and fortify their potential to expand, increase their revenues, and thrive

Invest 70

Invest Entrepreneur News Tips 70

socalTECH

FEBRUARY 21, 2018

FanWide , a startup which helps users find "viewing parties" for their favorite college or pro sports teams, anywhere they live or travel, has won a the $10,000 prize in the HYPE Sports Innovation competition, held last week at the University of Southern California. According to HYPE, the competition, held in conjunction with USC's Marshall School of Business and Silicon Valley Bank, was aimed at finding the most disruptive technology likely to shape the future of basketball.

USC 124

USC Competition Southern California Startup 124

L.A. Business Journal

FEBRUARY 21, 2018

Snapchat promises update after users balk at redesign; Elon Musk leaves AI foundation he co-founded; and Port Logistics Group invests in e-commerce startup Whiplash.

Snapchat 100

Snapchat Commerce Report Invest 100

Startup Professionals Musings

FEBRUARY 17, 2018

There is an old saying that good lawyers run away from risk, while good businessmen run towards risk. Entrepreneurs see “no risk” as meaning “no reward.” In reality, all risks are not the same. Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure.

Resource 64

Resource Metrics Entrepreneur Customer 64

SoCal Tech Calendar

FEBRUARY 21, 2018

Tuesday, February 27, 2018 --.

Santa Monica 100

Santa Monica 100

socalTECH

FEBRUARY 20, 2018

Hawthorne-based SpaceX delayed its launch of the Spanish PAZ satellite from Vandenberg Air Force Base over the weekend to Wednesday, February 21st. According to SpaceX, the delay is so its team can take "additional time to perform final checkouts of upgraded fairing." SpaceX had originally intended to launch its payload on Saturday, February 17th, but decided late Thursday to instead to shift it to Sunday, February 18th, before the current delay.

SpaceX 124

SpaceX Southern California Hawthorne 124

L.A. Business Journal

FEBRUARY 23, 2018

Snap’s Spiegel earned $638 million last year; LAist’s assets bought by KPCC; and L.A. movie theaters could have LED screens by April.

Screening 100

Screening Report 100

Startup Professionals Musings

FEBRUARY 18, 2018

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team.

Technical Advisors 57

Technical Advisors Startup Outsource Development High Tech 57

Southern California Edison Blog

FEBRUARY 22, 2018

Big data and the insights that companies can glean from big data analytics has become a transformational tool for enterprises across all industries. In a study from NewVantage Partners, 48.4% of executives report that their firms have realized measurable benefits as a result of highly successful big data initiatives, with only 1.6% classifying their efforts as a failure.

Organization 59

Organization Competition Networking Customer 59

socalTECH

FEBRUARY 20, 2018

Fountain Valley-based HyperX , the maker of video gaming accessories which is part of Kingston Technology, says it has now shipped a total of 4 million of its gaming headsets, since the division was started in April of 2014. According to HyperX, it first hit a major milestone in shipping a little over two years after it was created, shipping 1 million units, with the remainder shipping since then.

Startup 124

Startup Technology 124

L.A. Business Journal

FEBRUARY 23, 2018

Two tech startups bet on bikes and scooters for last-mile commuting.

Startup 113

Startup 113

Startup Professionals Musings

FEBRUARY 21, 2018

One of the realities of being an entrepreneur is that you have to keep learning and changing to survive. Everyone on the startup team knows there is no buffer, and no personal isolation from impact based on your job description that can save you. Thus everyone has to make sure they are focusing on what is important, and making leadership decisions to save the business.

Satisfaction 57

Satisfaction Customer Custom Organization 57

Xconomy

FEBRUARY 23, 2018

The 2018 Winter Olympics will end soon, and we did not skate through these games without a performance-enhancing drug allegation rearing its ugly head. This time, the drug in question was meldonium (Mildronate), a product widely available over the counter in Russia and some Eastern European countries. Though Latvian pharmaceutical company Grindeks markets meldonium for heart conditions, the drug also reportedly boosts stamina and endurance.

Report 52

Report Marketing Product San Diego 52

socalTECH

FEBRUARY 23, 2018

Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues. Intellisense said it will engineer, design, develop, test and produce sensor systems and optoelectronic solutions for the U.S.

Torrance 113

Torrance Design Marketing Product 113

L.A. Business Journal

FEBRUARY 23, 2018

Online drone services firm begins testing AR.

.Net 100

.Net Venture Capital Funding Services 100