Thu.Oct 27, 2016

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It’s what you ask, not what you know.

Berkonomics

A friend recently told me a story that had nothing to do with business, but unintentionally had a great lesson for all of us. He had asked his arborist if he could move a mature tree from one part of his property to another – to make room for an addition to his home. “Yes,” replied the professional. “And how much would it cost?” To which the arborist responded, “We’d charge $18,000 for that.”.

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HyperX Sponsors eSports Team Run By Boston Celtics' Jerebko

socalTECH

Fountain Valley-based HyperX , the division of memory maker Kingston Technology which focuses on the video game market, said it has linked up with Boston Celtics basketball player Jonas Jerebko. Jerebko runs the eSports team the Detroit Renegades. HyperX will sponsor Jerebko's eSports team. Financial terms of the sponsorship deal were not announced.

Marketing 149
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Acting and Modeling Startup Castar Is Thriving in LA

Tech.Co

Los Angeles is the destiny of people wanting to succeed in the field of acting. People flock from around the world just to have a chance at a glimmer of fame. And while you might think only 20-something aspiring actors and models are headed to the California city, it’s also the perfect place for a tech startup focused on acting and modeling to set up shop.

Startup 129
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Ingenu Deploys In Columbus, Ohio

socalTECH

San Diego-based Internet-of-Things networking technology developer Ingenu says it has deployed another machine-to-machine (M2M) network, this time in Columbus, Ohio. Ingenu said its network reaches nearly 500 square miles, serving a population of 1.1 million. Ingenu's network is aimed at the city's "smart city" efforts. READ MORE>>.

San Diego 148
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Axium International CEO John Visconti Convicted of Tax Fraud

L.A. Business Journal

John Visconti, former chief executive of Axium International Inc., was convicted on Tuesday of tax evasion, conspiracy to defraud the Internal Revenue Service, and filing a false tax return.

Services 116
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Vessel Acquired by Verizon, Will Shut Down

socalTECH

Vessel , the subscription video streaming service led by former Hulu CEO Jason Kilar and CTO Richard Tom, has been acquired by Verizon , Vessel said on Wednesday. Financial terms of the acquisition were not announced. As part of the acquisition, Vessel said it will be shutting down the Vessel service on October 31st. In the announcement of the deal, Kilar and Tom said that the "heart of the transaction" is Vessel's technology, which will be incorporated into Verizon's efforts in online video.

Hulu 148

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Insights: How to exit from your own startup

socalTECH

Dinesh Ravishanker was the founder of Callfire, and tells us some of the lessons he learned after he left the startup he founded, and how it impacted him, personally. Here are some top lessons he shared, drawn from his personal account of his exit from the company. An exit can happen at anytime. Whether you got voted off by your board or it's just time for a new career challenge, leaving a top position at a company you founded can deeply impact your sense of self.

Startup 146
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Silicon Beach Report Oct. 27: Facebook Copies Another Snapchat Feature

L.A. Business Journal

Facebook copies another Snapchat feature, Gannet may back away from tronc acquisition after banks walk, and coupon code finder Honey Science Corp. raises $5 million.

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Qualcomm Acquiring NXP For $47 Billion

socalTECH

San Diego-based Qualcomm and NXP Semiconductors N.V. announced this morning that Qualcomm has agreed to buy NXP Semiconductors for $47 billion. The two said Qualcomm will pay $110.00 per share in cash for NXP, in a deal which has already been unanimously approved by the boards of both companies. NXP is a develops of mixed signal semiconductors. The two have been hasing out a deal since at least September.

San Diego 131
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Content is King: How to Create and Curate Content That Makes an Impact

SoCal Tech Calendar

Wednesday, November 2, 2016 -- The Fundamentals of Transaction – What is a Transaction? RFBC at the Camarillo Public Library. A transaction is nothing more than a series of exchanges, and people who know how to effectively construct and facilitate powerful transactions have a much greater advantage in the marketplace when attempting to satisfy their aims for money as well as other occupational goals and career objectives.

Content 100
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Sientra Swaps CFO

socalTECH

Santa Barbara-based medical aesthetics developer Sientra said on Thursday that it has named a new CFO. The company said that Patrick F. Williams has been named Chief Financial Officer, Senior Vice President, and Treasurer. Williams replaces Matthew Pigeon, who the company says is leaving to "pursue other opportunities". Williams has previously served as SVP and CFO of ZELTIQ, and previously served at NuVasive.

Miramar 125
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Content is King: How to Create and Curate Content That Makes an Impact

SoCal Tech Calendar

Wednesday, November 2, 2016 -- Content is King: How to Create and Curate Content That Makes an Impact. RFBC at the Camarillo Public Library. Better content is the key to positioning yourself or your business as an industry leader. Join owner of Pulse Infomatics and Author, Matt Moran, to learn the do’s and don’ts of content marketing. Matt will demonstrate the low and no cost tools to help you create, organize and distribute your content effectively, show real examples of effective content curat

Content 100
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Super League Gaming Adds $5M

socalTECH

Santa Monica-based Super League gaming , which lets video game fans compete against others on the big screen at movie theaters across the country, has raised $5M in a Series C funding, the company said this week. The funding came from Toba Capital and esports company aXiomatic. Super League takes over movie theaters, and allows game players to compete against each other for prizes.

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Despite Low Crop Prices, Corporate and VC Agtech Investments Soar

Xconomy

Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. Venture capital firms have increased their agtech investments by 80 percent since 2012, bringing total VC investment in the sector to a total of $3 billion in 2015, according to a new report from Boston Consulting Group and AgFunder, an online investment marketplace for agriculture technology.

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Global Eagle Entertainment, Intelsat In Satellite Access Deal

socalTECH

Marina Del Rey-based Global Eagle Entertainment , the provider of in-flight, broadband Internet services, has signed a deal with satellite network operator Intelsat S.A. , the two said late Wednesday. The companies said they are in a new contract to use ten of Intelsat's satellites to provide Global Eagle with high-speed broadband connectivity. Financial details of the deal were not announced.

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WeWork

Tech.Co

WeWork is a platform for creators. They provide the space, community, and services you need to create your life’s work. WeWork has a way of attracting the best people to its community. Being a part of the WeWork community means being surrounded by some of the most innovative and passionate people in the city. Wherever you need to be in Los Angeles—Downtown, Hollywood, or Santa Monica, to name a few hot spots—you’ll find the right office space in one of WeWork’s 12 locations.

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BlackLine Software Prices IPO

socalTECH

Woodland Hills-based BlackLine Software , the developer of accounting and financial close software, has priced its IPO, saying late Thursday evening that it will sell 8,600,000 shares of its common stock at $17.00 per share. BlackLine will start trading Friday morning on the NASDAQ Global Select Market as BL. BlackLine priced at the high range of an already increased estimated IPO range, which was set to $16.00 to $17.00 earlier this week.

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