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Report: Unilever Eyes The Honest Company


Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. READ MORE>>.

Southern California Companies Raise $1.46B In VC In Q3 2015


Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 raised in 15 companies.

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. often see companies burning $100,000 per month (net) looking to raise $6-8 million. ” I highly recommend reading it. Let’s set up a framework. Here’s

Ten Of The Top Tech Companies For Employees In LA


Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. OpenX.

The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. Klout was an LA company – sold for $200 million to Lithium.

“Built In L.A.” Releases Its First Los Angeles Digital Startup Report

Tech Zulu Event

As we reported earlier, Built in L.A., It is hard to keep up with the newly formed companies and deals. Built In L.A Board Member.

Southern California Companies Raise $2.49 Billion In VC In Q2


Southern California companies raised $2.49 billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. billion round for Venice based Snapchat. billion raised in the region just a year ago in Q1 of 2015.

Silicon Beach Report Oct. 13: Hyperloop One Raises $50 Million

L.A. Business Journal

Hyperloop One raises $50 million, Soylent tells customers to throw away vomit-inducing bars, Atari’s Nolan Bushnell launches virtual reality company, and more

Three LA Companies Pursuing Gawker Media


Three, Los Angeles area media companies-- Univision , Ziff Davis (a unit of J2 Global) and Penske Media --have all been named as possible bidders on bankrupt, Silicon Valley publication Gawker Media , according to reports today, which say Ziff Davis has submitted a $90M bid for the company. READ MORE>>.

San Diego Innovation Economy Extended Gains in 2015: Connect Report


That’s according to a report being released today by Connect, the local nonprofit group focused on technology and entrepreneurship.

Report: Snapchat Acquires Bitstrips For Around $100M


Fortune citing multiple sources, says the companies refused to comment on the deal. READ MORE>>.

ServiceNow Wins Israeli Telecom Company


San Diego-based enterprise IT management provider ServiceNow reported a win today with Israeli telecommunications provider Partner Communications Company Ltd. Financial details of the win were not announced. Partner Communications service more than 3 million cellular subscribers in Israel, under the Orange brand. READ MORE>>.

Third-Quarter Report Shows Slowdown in VC Activity, & Top 10 Deals


Venture capital activity is gradually easing from last year’s peak, according to a new quarterly report put together by Seattle-based PitchBook and the National Venture Capital Association. deals (1,796 companies) during the third quarter that ended September 30, according to the inaugural “Venture Monitor” report released today.

Once High Flying Ouya On Block, Says Reports


Once highflying Santa Monica-based gaming console developer Ouya is on the block, after the company tripped a debt covenant from one of its investors, according to a report. The sale comes due to debt owed to TriplePoint Capital, according to the report. OUYA is led by Julie Ehrman. READ MORE>>.

Remember The Phone Company? It’s Back And It’s Called Facebook


Quick - name a phone company. Yep, Facebook is a phone company. The post Remember The Phone Company? AT&T? Verizon?

Music Reports In Expansion


Los Angeles-based Music Reports , the private equity-backed firm which provides music rights administrative services, said Friday that it has made a major expansion of its employees and offices. The company said it now has more than 100 employees. Music Reports is backed by ABRY Partners. READ MORE>>.

Silicon Beach Report Aug. 23: STX Entertainment Acquires Virtual Reality Company Surreal

L.A. Business Journal

STX Entertainment acquires virtual reality company Surreal, Google Daydream to use Hulu VR content, Disney Movies Anywhere integrates with Verizon Fios, and more

Spokeo Hits 150 Employees, Reports Growth


Pasadena-based people search engine provider Spokeo is up to 150 employees in its Pasadena headquarters, almost double the number of employees it had in 2012, the company said today. The site--which is led by Harrison Tang--said the growth compaes as it saw 159 percent revenue growth between 2012 and 2014. READ MORE>>.

Explaining FNAC: Feature, Not a Company

Both Sides of the Table

Feature, not a company. Whether something is a feature or a company is clearly subjective. It has always stood out in my mind. Why? 1.

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MySetLife Adds Content From Hollywood Reporter,


mysetlife hollywood reporter producer content filmmaker investedinDetails of the business arrangements with those firms was not announced.

Tech Coast Angels Number Two In Angel Investments Report


According to the report, the Tech Coast Angels slipped from last year''s number one position, due to the activity of the New York Angels.

Report: Honest Co. Prepping For IPO, Hires Bankers


A report Friday from Bloomberg says that Los Angeles-based Honest Co. The report says that Honest Co.'s Honest Co. billion. READ MORE>>.

Report: Disney Will Not Bid On Twitter


A report, published late Wednesday evening, says that Burbank-based Walt Disney Co. will not make a bid for Twitter , which reportedly has been looking to sell the company. Disney had been reported to be looking at Twitter in September. READ MORE>>. disney twitter merger acquisition rumor investment banking

Report: IPO Fever Lifting Valuations, Slowing M&A


A report today says that "IPO fever" is lifting valuations of technology companies, while slowing the pace of mergers and acquisitions.

Los Angeles Has 5 Percent Of All Unicorns, Says Report


Los Angeles has 8 percent of all the "unicorn" companies globally, according to a new study released Wednesday by the University of Southern California's Marshall School of Business. The school said the study companies as a unicorn if they exceeded a value of $1 billion during any month between January 2014 and the end of 2015.

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Snapchat Selects Morgan Stanley, Goldman Sachs To Lead IPO, Says Report


Venice-based Snapchat has selected two investments banks--Morgan Stanley and Goldman Sachs--to lead the company's much anticipated IPO, according to a report from Reuters Wednesday afternoon. The report--citing "a source familiar with the situation"--said the IPO would value Snapchat at $25 billion. READ MORE>>.

Report: Tops $70M In Annual Revenues


The new revenue numbers came via TechCrunch. READ MORE>>. lynda instruction online video help tutorial education

Los Angeles Accelerator Report Card: Too Early To Tell


For our first measure, we tabulated the venture capital raised by accelerator firms --that is, companies that are tied to local accelerator/incubators.

Music Reports Inks Major Deal With Pandora

SoCal Tech Calendar

Woodland Hills-based Music Reports , which provides music rights administration services to the music industry, has inked a big deal with streaming music service Pandora. According to Pandora, it has tapped Music Reports to manage the mechanical licensing and royalty administration for its upcoming interactive streaming service.

Report: Hulu Hires Guggenheim Partners To Sell Company


A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

Ross Levinsohn Named Head of The Hollywood Reporter


THR said that Levinsohn will be in charge of identifying new media businesses in which the global financial services company can invest -- or acquire.

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Follow the Leader | California Regulators Approve Transportation Ridesharing Companies

Tech Zulu Event

The post Follow the Leader | California Regulators Approve Transportation Ridesharing Companies appeared first on TechZulu.

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Reports: Lumedyne Technologies Acquired By Google


San Diego-based Lumedyne Technologies , a developer of MEMs-based, inertial direction sensors, has quietly been acquired by Google , according to multiple reports. The deal reportedly happened in November, and was worth $85M. The company was founded by Brad Chisum and Dr. Richard Waters. READ MORE>>.

Southern California Accelerator Report Card: Q1 2013


For our first list, we tallied the venture capital raised by portfolio companies of. companies in the last year. Our analysis.

Report: Western Digital, Other Hard Drives Compromised By Spy Group


A report, published this morning, says that hard drives from Lake Forest-based Western Digital , as well as those from fellow hard drive companies Maxtor, Samsung, IBM, Micron, Toshiba, and Seagate--had secretly been compromised by a secretive hacking group linked to the US intelligence community. READ MORE>>.

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Report: Los Angeles, New York Better For Female Founders


A report, issued earlier this week by venture firm the Female Founders Fund , says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. READ MORE>>. female founders investment entrepreneur founded venture capital

Ad Tech Falls Out Of Favor, Says Report


Ad tech companies, once the darling of Sand Hill Road, are having a hard time even getting a meeting , according to the report. Venture capitalists, who once were pouring money into the advertising technology area, have shut off the spigot for ad tech--according to an article in the WSJ this week. READ MORE>>.

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Report: LegalZoom Nears IPO


Glendale-based LegalZoom , the online legal documents site which was co-founded by Brian Lee and lawyer Robert Shapiro, is reportedly about to file for its IPO, according to a report today. Reuters, citing sources close to the firm, said the filing is expected in coming weeks. Brian Lee now heads up fashion site ShoeDazzle.

Amazon Plans Set-Top TV Box, Says Report


report today from Bloomberg says that is planning to release its own, set-top TV box later this year, which will bring the company''s streaming video services directly to living rooms. The new set-top box looks to fulfill a role for video that the company''s Kindle e-readers do for books. READ MORE>>.

Report: Websense On The Block


San Diego-based Websense is reportedly considering a sale of the company, according to a report this week in the Wall Street Journal. According to the WSJ, the firm is looking to get around $1B for the company. The Journal reports Websense has hired investment banking firm Qatalyst Partners on the sale.