Electric Car Sharing Company Envoy Sets $11 Million Series A
L.A. Business Journal
NOVEMBER 12, 2020
a Culver City company that operates electric car sharing services has raised $11 million in funding. Envoy Technologies Inc.,
sharing Company Related Topics 
Selecting a Software Development Company in 2024
TechEmpower
DECEMBER 11, 2023
Given this diversity, it's important to be selective in the development services company with whom you choose to partner. In the 25 years that TechEmpower has been in business, we’ve seen thousands of companies come and go. This article will primarily focus on locating and evaluating development companies, rather than design firms.
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Cadiz Shares Plunge as Company Reconfigures Water Transfer Plan
L.A. Business Journal
OCTOBER 18, 2021
It’s been a rough and perplexing six weeks for shareholders of downtown-based water infrastructure development company Cadiz Inc.
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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act
TechCrunch LA
AUGUST 8, 2020
Now, the serial entrepreneur and startup investor is combining his two career paths under the auspices of Share Ventures. Share Ventures’ initial focus will be on two main areas, the future of living and the future of working. Image Credit: Share Ventures. ” Image Credit: Share Ventures. .
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Why not share your liquidity success with those who got you there?
Berkonomics
NOVEMBER 1, 2018
So, you are close to selling your company, and counting the profits a bit early. And for tax reasons, remember them before the closing of the deal, so that you can do so by sharing a bit of your proceeds without paying personal income tax upon those amounts. Well, that’s human nature. Remember those who got you there.
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New Bill Threatens Shared Scooter, Bike Companies Like Bird, Wheels
socalTECH
AUGUST 25, 2020
A new California bill is threatening shared, micro-mobility companies like Santa Monica-based Bird and Los Angeles-based Wheels , by threatening to eliminate their ability to force their users to sign away their rights to sue those companies in the case of an injury or accident.
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GM exits car-sharing business and shuts down Maven
TechCrunch LA
APRIL 21, 2020
GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently.
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Bird Expands Into Bike Share
socalTECH
JUNE 23, 2021
Los Angeles-based Bird says it is expanding into the bicycle sharing market, unveiling a new electric bicycle and a program to support what it calls "multimodal" cities. Bird--led by founder and CEO Travis VanderZanden--says it plans to start rolling out the shared Bird Bike across North America and Europe this year.
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Shayre Debuts File Sharing Software
socalTECH
MAY 19, 2020
Los Angeles-based Shayre , a new startup developing data sharing software, says it has launched a new, "cloud-free" file sharing solution, aimed at enterprise businesses. The company said it is looking to offer its product to those in the entertainment, healthcare, finance, legal, and other industries. READ MORE>>.
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Shared housing startups are taking off
TechCrunch LA
MAY 19, 2018
Home sharing is on the rise, along with more temporary lease options, high-touch service and smaller spaces in sought-after urban locations. A Crunchbase News analysis of residential-focused real estate startups uncovered a raft of companies with a shared and temporary housing focus that have raised funding in the past year or so.
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10 Sharing Principles Propel Many Current Businesses
Startup Professionals Musings
JULY 31, 2022
In fact, Conscious Capitalism companies, for example, historically have outperformed the S&P 500 index by a factor of ten. Here is my interpretation of the key focus points and requirements to be categorized as open: Shared beliefs (purpose). Shared risks (open capital). Shared knowledge packaging (shareability).
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Santa Monica Selects Scooter Companies for Shared-Mobility Pilot
L.A. Business Journal
AUGUST 30, 2018
30 it is one of the official participants in Santa Monica’s shared mobility pilot program. Electric scooter manufacturer Bird Rides Inc. announced Aug. The program will begin Sept. 17 and includes not only Bird, but scooter manufacturer Neutron Holdings Inc., and Lyft Inc.
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Amazon's New Sidewalk Shares Your Internet With Neighbors
socalTECH
JUNE 1, 2021
A new effort by Amazon to extend the reach of the cameras, lights, motion sensors, and other devices created by Santa Monica-based Ring will share a portion of your Internet with neighbors, according to Amazon. The company said the network will help devices stay online--even if they are outside a user's Wi-Fi network.
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Vulog will power Hyundai’s new LA car-sharing service
TechCrunch LA
NOVEMBER 19, 2019
The technology behind Hyundai’s new car-sharing service in Los Angeles is provided by a company that is largely unknown despite its ubiquity. The French-based company has been providing the underlying hardware and software needed for car-sharing services since 2006. And now, Hyundai.
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Sharing Ownership
SoCal Tech Calendar
FEBRUARY 15, 2019
Tuesday, February 19, 2019 -- Sharing Ownership. With over 40 years of experience in practicing law, Mr. Citron has contributed to the success stories of hundreds of companies, utilizing his experience and the synergy of a carefully nurtured network of professionals. CSULB Beach Incubator. Attorney Rick Citron.
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100 GM Shuts Down Maven Car Sharing Service
socalTECH
APRIL 21, 2020
General Motors has shut down its Maven car sharing service, including its services in Los Angeles, as the ongoing COVID-19 pandemic has put the final nails in the coffin for the service. The car sharing service--which already had been struggling prior to the pandemic outbreak--had paused its business last month nationwide.
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Ride-Sharing Commerce Company Cargo Enters L.A
L.A. Business Journal
JUNE 15, 2018
The company, which allows Uber and Lyft drivers to receive complimentary boxes stocked with retail items, has already bought a warehouse in Ontario, Calif. Cargo Services Inc., a mobile marketplace headquartered in New York City, announced June 14 that it is expanding to Los Angeles.
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Season Share Brings Sharing Economy To Season Tickets
socalTECH
MARCH 7, 2017
Los Angeles-based Season Share , a new startup which wants to bring the sharing economy to season sports tickets, has started taking signups for early access to its service. The company is led by Aaron Holland. READ MORE>>.
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113 The Honest Company Sets Anticipated IPO Range
socalTECH
APRIL 26, 2021
Los Angeles-based The Honest Company has set its anticipated IPO range, saying in a filing on Monday morning that it is now expecting to price its IPO at between $14.00 The company has applied to list on the Nasdaq Global Select Market as HNST. and $17.00
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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom
TechCrunch LA
FEBRUARY 11, 2021
Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.
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How To Prevent Your Founder’s Shares From Vaporizing
Startup Professionals Musings
JANUARY 15, 2021
When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. every entrepreneur should incorporate early and file an 83(b) election with the IRS within 30 days of founding the company. In the U.S.,
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7 Keys To Success In Today’s Popular Sharing Culture
Startup Professionals Musings
JANUARY 10, 2021
In the last few years I have seen a popular business model emerging which embodies a greater focus on social and environmental responsibility, and a new requirement for trust and sharing, as well as customer and community collaboration. Most of all, it requires leadership and communication from the top on purpose and shared goals.
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5 Rules For Every Business In The New Sharing Economy
Startup Professionals Musings
NOVEMBER 18, 2020
Thus the rise of the “ sharing economy ,” with collaborative and peer-to-peer (P2P) platforms , including Lyft (rides), Airbnb (lodging), and WeWork (workspace). There are always opportunities to participate in existing platforms, such as becoming an Uber driver, or to start your own platform sharing your favorite hobby.
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8 Keys To Turning Your Company Into One That Matters
Startup Professionals Musings
SEPTEMBER 3, 2023
More than ever before, people want to buy from, work for, and invest in companies that matter. Your company and team members have to be seen as going above and beyond to solve the problems of internal and external customers. Be known for your expertise by broadly sharing the message.
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Phison Sells JV Shares To Kingston
socalTECH
JULY 14, 2020
Fountain Valley-based memory products giant Kingston Technology said that its partner in a joint venture, Phison , will sell the shares it owns in Kingston Solutions, Inc. which develops eMMC (Embedded Multi-Media Card) products. According to the two, the deal is worth NT$1,781,640,000, or approximately $60M.
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113 Share Ventures, Led By Hamet Watt, Finds $10M For Startup Studio
socalTECH
AUGUST 10, 2020
A new, Los Angeles-based startup studio, Share Ventures --led by startup and investment veteran Hamet Watt --has raised $10M in funding, and outlined plans to launch two to four companies every year. The "venture studio" is targeting such areas as fitness, nutrition, and mental health. READ MORE>>.
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Tinder Agrees To Share Data With Russia
socalTECH
JUNE 12, 2019
Los Angeles-based dating app developer Tinder has agreed to store data for its Russian users in Russia--and also allow the Russian government and intelligence agencies with that data, as part of an effort by the government there to force more tech companies to share data.
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113 Hyundai Launching New Car Sharing Business In LA
socalTECH
NOVEMBER 19, 2019
Hyundai is getting set to launch a new, car-sharing service in Los Angeles, called Mocean Carshare , the company said this week, ahead of the Los Angeles Auto Show.
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127 Envoy Technologies Gets $1.5M For Electric Vehicle Sharing
socalTECH
SEPTEMBER 26, 2017
in funding from the California Energy Commission, according to the company. Envoy said the grant will go to develop a shared, electric vehicle program for disadvantaged communities in the greater Sacramento Metropolitan and the California Bay Area. READ MORE>>.
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Whisper Raises $36M For Secret Sharing
socalTECH
MAY 19, 2014
Los Angeles-based Whisper , which develops mobile apps for anonymously sharing confessions, has raised another $36M in funding. The funding brings the company''s total raised to around $60M. capital venture mobile confessoinal confession sharing secret whisper' READ MORE>>.
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202 Latinx21 Aims At Video Sharing For Latino Community
socalTECH
SEPTEMBER 17, 2019
A new, Los Angeles startup, Latin21 , said this morning that it has launched a new, online community dedicated to "celebrating and sharing the Latinx experience". According to the company, it will launch this weekend, and is hoping to become "the premiere network where bilingual, bicultural Latinx can engage online."
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How about personal guarantees for company debt?
Berkonomics
FEBRUARY 20, 2020
As a rule of thumb, a company with a majority owner in control will be required to provide such a guarantee for most any borrowing of significant size in relation to assets. A win-win for the investor and entrepreneur assuming the company does grow and have a liquidity event someday. Then what happens when there are investors?
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156 Getaround Expands Car Sharing Service To LA
socalTECH
APRIL 6, 2018
Getaround , the developer of a peer-to-peer car sharing service, said it has officially launched in the greater Los Angeles area. The San Francisco company's service works through something called Getaround Connect, technology which allows renters to locate and unlock a car using an iOS or Android smartphone app.
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138 Triller Takes $28M For Social Video Sharing
socalTECH
OCTOBER 23, 2019
Los Angeles-based Triller , which operates a social video sharing service which competes against TikTok, has raised $28M in a Series B funding round, the company said on Wednesday. Triller, which is led by CEO Mike Lu, says it now has over 13 million active users, and grew 500 percent year-over-year; the company now has 40 employees.
Wheels Pauses E-Bike Sharing On Virus Fears
socalTECH
MARCH 19, 2020
Los Angeles-based e-bike sharing service Wheels said on Thursday that it is pausing its operations until the end of March, in light of the growing COVID-19 coronavirus threat. According to the company, it will "temporarily stop deploying bikes until the end of March".
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What is your biggest error in company planning?
Berkonomics
OCTOBER 8, 2020
Where did you get the data to drive your assumptions of market size or market share? Most entrepreneurs quote a resource for market size but fail to then take the next step to eliminate all parts of that market unreachable by the company or product. The post What is your biggest error in company planning? Sources for your data.
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Selling your company for less than expected?
Berkonomics
JULY 23, 2020
Sometimes the end game or sale of the company is not a happy event. Is there a liquidation preference in place where the preferred investors can take a multiple of their investment, (twice or three times the amount) from a sale before the common shares receive anything? How about outside investors?
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5 Keys To Negotiating Your Fair Share Of Any Startup
Startup Professionals Musings
AUGUST 9, 2020
So the first question I usually get is what percent of the company or equity is that person worth? The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Giving a co-founder a salary won’t get you the “fire in the belly” you want.
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How Kaleo Is Tackling Enterprise Knowledge Sharing
socalTECH
JUNE 30, 2016
Phil Hui-Bon-Hoa , the CEO of El Segundo-based Kaleo (www.kaleo.com), is a serial entrepreneur who has previously built and sold four companies, including one acquired by IFILM, and another by Sun Microsystems. We're trying to save companies money, and increase the productivity of employees. How did the company start?
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MUMO Aims At Shared Music, Listening
socalTECH
AUGUST 16, 2017
Los Angeles-based MUMO , a new music listening startup headed by former Pandora co-founder Jon Kraft, said today that it is looking to make music a shared activity again through what it calls "Music Moments". The company has already released an iOS version of its software.
Heard Takes On Social Sharing, Networking
socalTECH
SEPTEMBER 19, 2014
Santa Monica-based Heard , a startup developing social sharing and networking software for iOS, Android, and the desktop said this week that it has launched a brand new "social exchange" software product aimed at letting people share and exchange content online. READ MORE>>.
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Tech Companies Share Shutdown Losses, With Little Chance of Back Pay
Xconomy
JANUARY 11, 2019
Read more » Reprints | Share: UNDERWRITERS AND PARTNERS. As federal agency employees miss their first paychecks today due to the partial government shutdown that began Dec. 22, federal contractors and their workers—including technology professionals—face a loss of income that they may never recover.
Wheels pauses shared bikes service to try to limit spread of COVID-19
TechCrunch LA
MARCH 19, 2020
In light of growing concerns around COVID-19, Wheels has decided to pause its pedal-less e-bike operations until the end of March, the company announced today. Wheels raises $50 million for pedal-less e-bike share. Additionally, Wheels said it was concerned some riders weren’t using the vehicles for essential purposes.
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Competition Heats Up For Bird, As Lyft Enters Bike Sharing Market
socalTECH
JULY 2, 2018
Santa Monica-based Bird --already in a frenetic fundraising and expansion race with competitor Lime, Uber, and a host of other competitors--can add Lyft to its list of competitors, after Lyft said it would buy bike sharing company Motivate on Monday. According to Lyft , it will use the buy to launch its own, bike sharing service.
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