Berkonomics

APRIL 6, 2023

And good board members can add real value to you and the company. Importantly, these also help a board to cover the legal “duty of care” for the health of the company. Which means reducing the time spent in routine reporting, delivering materials well in advance when possible, and encouraging participation from all board members.

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Company Companies Ideas Competition 156

socalTECH

SEPTEMBER 15, 2016

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>>.

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Dollar Shave Club Report Company Companies 100

socalTECH

APRIL 5, 2021

Los Angeles-based Pipeliner CRM, which develops customer relationship management software for sales teams, recently released a new update to its software, adding new reporting and analytics features. PIpeliner is led by CEO Nikolaus Kimla.

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socalTECH

APRIL 30, 2021

Venice, California-based social app developer Snap, the parent company of Snapchat, is still mostly white and male, according to the company's latest diversity report. Snap posted its diversity report on Thursday, the second time it has released its diversity numbers.

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socalTECH

JULY 29, 2020

Venice, California-based Snap , the parent company of Snapchat , has released its annual diversity report , showing that the company--like the rest of Silicon Valley--continues to struggle to build a diverse workforce. The company reported in its Diversity Annual Report 2020 that 51.1 percent white; 33.3

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socalTECH

FEBRUARY 9, 2021

Costa Mesa-based MeridianLink, a developer of loan origination, digital lending, and digital banking software, is in the midst of an IPO effort, according to a report. The report, from Reuters, said that MeridianLink is looking to go public via a SPAC, rather than a traditional IPO filing.

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socalTECH

SEPTEMBER 18, 2020

Los Angeles-based mobile game developer Scopely is reported to be seeking to raise $200M in a new funding round, which would value the company at around $3 billion, according to a report. The report, from Bloomberg, said the valuation of the company is up from an earlier $1.9 billion valuation as of March.

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Report Los Angeles Mobile Invest 113

socalTECH

NOVEMBER 17, 2020

Los Angeles-based printed rocket technology developer Relativity Space is in the midst of raising $500M, in a funding round which values the company at $2.3 billion, according to a report today from CNBC. The new round is reportedly being led by Tiger Global Management. READ MORE>>.

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socalTECH

AUGUST 31, 2020

Los Angeles-based Steno , a new startup which offers up remote court reporting services, has raised $3.5M in a seed funding, according to the company. Steno says it offers up a full suite of court reporting services, offering up remote depositions and handling things like payments and scheduling. READ MORE>>.

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socalTECH

JANUARY 15, 2019

The database reportedly had been pulled offline after those researchers let the company know of the vulnerability. READ MORE>>.

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socalTECH

FEBRUARY 1, 2021

the online baby and beauty products retailer co-founded by Brian Lee, Jessica Alba, and Christopher Gavigan, and Sean Kane, has reported filed for an IPO, according to a report from Bloomberg. The report cited "people familiar with the matter". The report says Honest Co. Los Angeles-based Honest Co., Catterton.

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Report Acquisition Los Angeles Product 113

socalTECH

JUNE 19, 2020

Even as the global pandemic has thrown growth plans into question, apparently, at least one Los Angeles company is ramping up its hiring: Jam City. According to a report, the LA mobile games developer has "dozens of positions" open at the company.

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socalTECH

APRIL 17, 2013

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.

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Hulu Report Company Companies 189

socalTECH

NOVEMBER 16, 2021

In an inauspicious start as a public company, Los Angeles-based electric vehicle developer Faraday Future says it is delaying its filing of its quarterly reports for the quarter ended September 30th, 2021, due to allegations of "inaccurate disclosures".

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socalTECH

FEBRUARY 11, 2020

Los Angeles-based online "dollar-store" style e-commerce provider Hollar is reportedly in the midst of winding down, according to a report on Tuesday. The company had raised over $75M in total funding. The company's current CEO is Steve Oliver. READ MORE>>.

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socalTECH

JULY 26, 2019

the underground, high tech transportation company run by Elon Musk, has raised $120M in a funding, which reportedly came from 8VC, Vy Capital, and Future Ventures. According to the report from Bloomberg, the new funding values Boring. The funding is the first outside investment for the company. Los Angeles-based Boring Co. ,

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socalTECH

AUGUST 24, 2020

A report, from Protocol, said the acquisition came after Spaces announced a shutdown of its services last week. The company had attempted to pivot into the virtual reality video conferencing market in the last few months.

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Report Acquisition Los Angeles Services 113

socalTECH

JANUARY 7, 2020

Santa Monica-based private equity investor Clearlake Capital said this morning that one of its portfolio companies, Provation Medical , has acquired MD-Reports , a provider of electronic medical record (EMR), practice management (PM), and report writing software. Financial details of the acquisition were not announced.

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Report Capital Santa Monica Writing 100

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AUGUST 12, 2019

Los Angeles-based Ring , the developer of Internet-connected doorbells and security cameras, reportedly told people to report "suspicious activity" in their neighborhood in exchange for free "swag bags", according to Motherboard.

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socalTECH

JULY 21, 2020

has reportedly launched an investigation into accusations of racism and sexism in the company, according to a report from the Business Insider. The investigations are allegedly over "whitewashing" within Snap, and disparagement of Block representation in media, according to the report. Venice, California-based Snap Inc.

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socalTECH

OCTOBER 21, 2020

Los Angeles-based Quibi is shutting down and has hired a restructuring firm to help it wind down the company, with co-founder Jeffrey Katzenberg confirming to investors on Wednesday that the company will shut down, according to a report from the WSJ. Quibi has raised more than $1.75

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OCTOBER 13, 2020

San Diego-based RebateKey , which operates an online website which provides cash back rebates and coupons, reports strong growth for the company as a result of the pandemic. The company attributed the growth to new customers who are turning to online shopping and who are trying to stretch their budgets.

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socalTECH

APRIL 6, 2021

Los Angeles-based battery developer Romeo Power reports that it has scored a win with PACCAR, a manufacturer of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. The company said its battery sytems will be used for Peterbilt 579 and 520 Battery-Electric Vehicles.

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Report Los Angeles Product Angel 113

socalTECH

MARCH 27, 2019

The current, Chinese owners of gay and bisexual dating app developer Grindr is being pushed to divest the company, on concerns over national security, according to a report from Reuters. Grindr is owned by Beijing Kunlun Tech Co Ltd., which acquired Grindr in 2016.

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Company Companies Report Los Angeles 124

Tech.Co

JUNE 24, 2022

A number of tech companies have made the headlines this week for hiring new members of staff, only to rescind such offers before they start. The Wall Street Journal reports that Twitter, for instance, has refused to take on new staff it previously offered jobs to. “My A False Start. Please verify before subscribing.

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Technical Review Company Companies Startup 136

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AUGUST 25, 2020

According to Emburse, in its latest Certify SmartSpend Report, the pandemic has resulted in major increases in such perks as employer-provided meals and food deliveries, as well as employee purchases for their home office working environments. for Grubhub, 17.1% for Uber Eats and 11.5% for Postmates.

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Report Software Development Los Angeles Software 113

Startup Professionals Musings

JULY 17, 2023

I know that dates me a good bit, but it also shows that I have been hanging around startups and big companies for a long time. At that time I couldn’t imagine a startup succeeding that was first called Traf-O-Data to process raw traffic data into reports, later changed to Microsoft to sell Basic Interpreters to microcomputer manufacturers.

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IBM IBM Company Companies 82

socalTECH

SEPTEMBER 30, 2020

According to a new report, Santa Monica-based "on-demand" scooter company Bird recently started running a program which allows the contractors who charge its scooters to acquire their own fleet of scooters--but which, as a result of the pandemic--has saddled many with huge amounts of debt.

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socalTECH

AUGUST 24, 2020

Irvine-based Menlo Micro , a developer of micro-electro-mechanical (MEMS) devices used for radio frequency switching, has emerged as one of the two leaders in RF MEMS switching, according to a report from the IEEE Spectrum. READ MORE>>.

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Berkonomics

FEBRUARY 27, 2020

The problem in taking such money rests in the legality of taking money from non-accredited investors, people who do not meet the SEC standard for making non-public company investments. Does issuing a PPM insulate the company? The legality issues. It is worth checking with an attorney to see if such investors are truly exempt.

Company 156

Company Companies Invest Entrepreneur 156

socalTECH

OCTOBER 6, 2017

Los Angeles-based The Honest Company , the natural home products brand, said late Thursday that it has closed on a Series E financing round. The round was led by Fidelity Management & Research Company, along with others. Unconfirmed reports place the funding at $75M, at $19.60 Size of the round was not announced.

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Company Companies Funding Commerce 138

socalTECH

MAY 28, 2019

A report today, from Reuters, says that the Chinese owner of Los Angeles-based gay dating app developer Grind , gave access to its Beijing-based engineers to the data of millions of Americans, despite U.S. orders to keep that data private.

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Report Los Angeles Angel Develop 138

L.A. Business Journal

NOVEMBER 7, 2017

Snap’s quarterly earnings report disappoints, pop star and entrepreneur will.i.am’s I.am+ raises $117 million and digital advertiser H Code Media partners with online health care portal Webconsultas.

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Report Advertising Company Companies 100

socalTECH

NOVEMBER 16, 2020

Santa Monica-based on-demand, last mile transportation company Bird is considering going public via a Special Purpose Acquisiton Company (SPAC), according to a report from Bloomberg. It's unclear how far along the SPAC might be, however, Bloomberg said the discussions "are in an early stage".

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Berkonomics

JANUARY 11, 2018

And good board members can add real value to you and the company. Importantly, these also help a board to cover the legal “duty of care” for the health of the company. Which means reducing the time spent in routine reporting, delivering materials well in advance when possible, and encouraging participation from all board members.

Company 243

Company Companies Ideas Competition 243

socalTECH

NOVEMBER 5, 2018

The first, high tech test tunnel built by LA's The Boring Company , bored between the SpaceX parking lot and a home in Hawthorne, California, is almost complete, and will open to the public on December 10th, according to Boring Company and SpaceX CEO Elon Musk. Opens Dec 10 — Elon Musk (@elonmusk) October 22, 2018.

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Company Companies SpaceX High Tech 133

socalTECH

NOVEMBER 9, 2020

Los Angeles-based podcasting network Wondery appears to be attempting to sell itself for between $300M to $400M, according to multiple reports. It's unclear how far along those talks are--Bloomberg said its sources said "negotiations are ongoing" with companies such as Apple and Sony.

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