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What''s the idea behind the incubator--which gives its startups $20,000 in capital, education, mentoring, working space, and more--and how is it tied to USC? Ashish Soni: I don''t want to talk for them, but what I can say, is they are a big believer in engineering backed companies, technology ventures which are led by engineers.
A new, Los Angeles startup, ARMORWAY , has spun out of the University of Southern California, the USC Stevens Center for Innovation announced THursday. According to USC, ARMORWAY has been issued an exclusive license to commercialize software to intelligently plan randomized, security patrols for security agencies. READ MORE>>.
In a bid to boost the Los Angeles economy and create new jobs in the city, Los Angeles Mayor Eric Garcetti said Friday that he has created a new "Entrepreneur-in-Residence" program, which will help the city in developing initiatives and policies aimed at growing, assisting and sustaining entrepreneurs in Los Angeles. READ MORE>>.
USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles.
And we’re left with a city with idyllic weather, major commerce, the media center of the world, and a great emerging technology scene. We have universities like CalTech, UCLA, USC and many more. We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves.
” It’s the most common refrain I hear from investors and even entrepreneurs these days. Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. “There’s something going on in LA.” acquired Overture for $1.63
David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.
Los Angeles has been in the midst of a technology boom over the last few years, with many of high profile startups growing in the area. We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups. The two of us really wanted to be entrepreneurs.
Big crowd of entrepreneurs, professors, students, and established professionals. I wanted to connect LA’s incredible entrepreneurs with the larger business community and with the resources of USC.”. Sellbot, an e-commerce platform for sellers made by USC graduates Michael and Payam Ahdoot, took home the grand prize of $25,000.
We thought we'd get the pitch from Tim Sae Koo , the founder of the company, on how he took the idea from his business class at USC and turned it into a company, which is now part of one of the local startup accelerators in town, StartEngine. Tim Sae Koo: I just graduated from USC in December of 2011, with a business entrepreneurship degree.
This is our second year of creating our list of the top 50 people to watch in Southern California''s technology industry, and it was NOT an easy task. As we found last year, it''s a tough, unforgiving task to narrow down a list of the folks in Southern California''s technology industry to just fifty to watch. Will Kassoy , AdColony.
Los Angeles-based Tilofy (www.tilofy.com)--out of USC''s Viterbi Startup Garage--is doing just that, helping to highlight what is going on around you, by absorbing all of that location data out there at any particular time and place. My degree is from USC in big data. As you probably know, Viterbi is the engineering school at USC.
Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking.
We asked the same five questions of a variety of top technologyentrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. At Archer we are focused on working with southern California's best entrepreneurs at the earliest stages to build disruptive new businesses.
Three local universities, plus a Pasadena-based startup, have received a $360,000 grant to promote student entrepreneurship in clean technology. Department of Energy to help foster student entrepreneurs via a business plan competition run by the group called First Look West. READ MORE>>.
Because the event was scheduled during Trojan Family Weekend, a weekend where parents and family from all over the nation come visit the USC campus, the event was filled with curious family members. He closed by saying, “We want USC to be a place where students and faculty come, and startups, innovation, and entrepreneurship are encouraged.”.
We asked the same four questions of a variety of top technologyentrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next week. In your opinion, what events, companies, or people made the biggest impact on the technology world this year?
That''s how recruiting works now, and continues to work with our technology. Why is technology important here? Coaches are looking to use technology more efficiently, so they can connect in a more effective manner with the people they want to, but still have the rules around our industry and how the industry operates.
An innovator in technology, especially monetization. World-class education including Caltech, USC and UCLA. ” To me, LA will always be a creative hub for TV, film, music, video games and now technology. NYC has gotten a lead on us in the perception of creating a next generation technology hub and with good reason.
Last week, Los Angeles-based Stroome (www.stroome.com), a new startup originally spawned out of a project at the USC Annenberg School of Communications, won $200,000 in the 2010 Knight News Challenge. Tom Grasty: Essentially, we started off as a graduate school project at USC. A few months later, we won the USC New Venture Competition.
We''re proud to announce the Socaltech 50 , our list of the 50, up-and-coming people in Southern California''s technology ecosystem. Ashish Soni , USC (Los Angeles, incubator/university). event socaltech50 awards entrepreneur entrepreneurship feature dfr2013' Evan Spiegel , SnapChat (Los Angeles, mobile app).
Are you an entrepreneur hoping to startup a company in the Los Angeles area? Southern California apparently has no shortage of investors, entrepreneurs, and others eager to help budding entrepreneurs. Howard Marks: We're a startup accelerator, which will help entrepreneurs become successful in 90 days.
The group--which was started by Richard Koffler and John Morris , two well known investors in Los Angeles--has been trying to help connect CEOs with interesting university and other technology projects. We're looking for inventors interested in commercializing and spinning out their technology into a company. Thanks for the time today.
I then got my MBA at University of Chicago so I secretly pull for local entrepreneurs as long as they don’t make me visit in the Winter any more. For example, Lookout is a mobile security company that was founded by three talented graduates of USC. But no community can become complacent with the wins that it has.
Dave told us a bit more about the Viterbi Startup Garage and several other associated efforts there at USC centered around the startup ecosystem. The Startup Garage is an incubator which gives preference to USC teams, or startups that are USC affiliated in some way, for example, alumni-led. What is Viterbi Startup Garage?
It isn’t the biggest secret that the University of Southern California (USC) Trojans and the University of California Los Angeles (UCLA) Bruins aren’t the best of friends, especially on the football field. On Sunday, March 2 nd at USC, these rivals took their battle to a new platform: startups.
A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical?
One of the biggest complaints that local entrepreneurs have with Los Angeles has been a dearth of local sources of venture capital. Specifically, we look at digital media, healthcare IT, e-commerce, education technology and financial services. What's the best way to approach you as an entrepreneur?
business community, and for our entrepreneurs to practice their pitch before demo day. Downtown LA is a major up-and-coming area for technology startups with easy access to the USC Viterbi School of Engineering and the new office is located only a few metro stops from Pasadena. The new office?s
We were talking about a company, Factual (disclosure my firm is an investor), which was founded by one of LA’s most talented Internet entrepreneurs, Gil Elbaz , who as co-founder of Applied Semantics (purchased by pre-IPO Google for $102 million and now Google AdSense) is responsible for a large portion of the Internet’s monetization.
Join us at Cal State Los Angeles for a full day of innovations and technologies presented by the region's finest researchers and inventors! This technology preview is geared for Serial Entrepreneurs, Angel Investors, and Venture Capital Investors.
According to Mike, startups have an uphill battle recruiting from college campuses, including fighting over the best students with big name technology firm. Mike Gammarino: I'm an entrepreneur who has been working in technology since I graduated. Yet you say you have issues finding technology majors?
We sat down with Steve to chat about what the Alliance is working on, and why he decided to champion the growth of the technology industry here. We are devoted to the mission of supercharging Southern California's technology ecosystem, and help it emerge as a world class technology hub by 2025.
In light of the recent success, we sat down with Marc Averitt and Sharon Stevenson to talk about the recent exit, where they are with their fund nowadays, and what advice they have for entrepreneurs. Marc Averitt: We're doing both life sciences and technology deals. Nice chatting with you today! Let's talk about the exit.
Brandon Hance , Founder and CEO of Los Angeles based GoodThreads , went through college as a student athlete playing football for USC while studying business. Soon into college he realized that a career as a professional athlete is not what he wanted and instead quickly caught the entrepreneur/startup bug. The Way It Works.
We''re revealing our broad depth of technology, something we''ve actually always had. While we happen to be located here, we have panels throughout today and tomorrow, talking about where in LA should I build my startup -- we have people from Hollywood, Pasadena, USC, talking about those neighborhoods. That''s pretty darn good.
As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.
Harvard, Caltech, UCLA, USC, the BBC, and NASA. A former record producer, David loves blending creativity with technology - and this year, Angel City Data was recognized as the Burbank Chamber of Commerce's Small Business of the Year. See [link] (more)
Fulgent Genetics is developing genetic testing and laboratory testing technology, and is led by Ming Hsieh, who holds the majority shares in the company. Hsieh is a serial entrepreneur and billionaire, who founded and sold Cogent Systems to 3M.
Good Growth Capital , a venture capital investment firm focused on complex science and technology start-ups, says it has set up shop in Southern California, and hired a new, West Coast Venture Partner in Los Angeles. In addition to Holly, Good Growth Capital also said it added a new Advisor, Robert Poor, Ph.D. , who also is in Los Angeles.
Getting research out of the university lab and into a growing business poses a unique set of challenges - especially when the scientist is assumed to be the entrepreneur. Not only are the founders deeply invested in the research, but their chosen profession is academia rather than the business world. See [link] (more).
Los Angeles-based HelloTech , the on-demand, in-home technical services company founded by serial entrepreneur and tech investor Richard Wolpert, said it is expanding into San Diego, and has begun offering up its services in the city. The company now offers up its services in Los Angeles, Orange County, and San Diego.
At the Technovation Challenge LA Pitch Night hosted by Iridescent , we saw six teams of high school girls from various Los Angeles City Schools pitch a number of mobile app ideas to a panel of venture capitalists and entrepreneurs.
That same summer, Richard Branson actually sent out a note looking for people to nominate young entrepreneurs doing exciting things in their field. Fortunately, USC, where I was a student as, is really good about that, and gave me two years off as a leave of absence, and happily gave that to me. Scott Ferreira: Yes, that's correct.
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