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 […].
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.
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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.
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.
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.
L.A. Business Journal
FEBRUARY 23, 2018
Academia, Fortune 500 companies and tech, aerospace, biotech and engineering businesses mix in Pasadena.
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.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
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
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.
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
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.
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
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.
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
SoCal Tech Calendar
FEBRUARY 21, 2018
Tuesday, February 27, 2018 --.
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.
L.A. Business Journal
FEBRUARY 23, 2018
Two tech startups bet on bikes and scooters for last-mile commuting.
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.
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.
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.
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.
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.
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.
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.
L.A. Business Journal
FEBRUARY 23, 2018
Online drone services firm begins testing AR.
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.
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
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.
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.
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.
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.
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.
L.A. Business Journal
FEBRUARY 22, 2018
Caltius Equity Partners announced on Feb. 22 the sale of its portfolio company Vision Technology Solutions, a website developer for government organizations in the U.S. and Canada, to cloud-based software developer Granicus for an undisclosed amount.
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.
Both Sides of the Table
FEBRUARY 19, 2018
“The institution of a free press in America is in a state of crisis greater than I have ever seen in my lifetime , and perhaps in any moment in this nation’s history.”?—?Dan Rather I sat down to interview Dan Rather at the 2018 Upfront Summit about his outlook for our country one year into the Trump presidency. The interview was conducted around the thesis of Dan’s newest book, “ What Unites Us ,” which is a must read.
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.
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.
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