Fri.Feb 10, 2017

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Once Upon A Farm Harvests $3.1M For Organic Baby Food

socalTECH

San Diego-based Once Upon A Farm , a maker of "cold-pressed, organic, non-GMO" baby food, has raised $3.1M in a Series A funding, the company disclosed this week. The funding came from Cambridge Companies SPG, Seed 2 Growth Fund, and Harbinger Ventures. The company was co-founded by Ari Raz (CEO) and Cassandra Curtis (COO). Once Upon A Farm's baby food is sourced from local, organic farms, and then minimally processed into the those ubiquitous laminated baby food pouches.

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Silicon Beach Report Feb. 10: Snap Announces Deal with A&E to Develop First Original Snapchat Show

L.A. Business Journal

Snap Announces Deal with A&E to Develop First Original Snapchat Show, Honest Co. Looking for Consumer Package Goods CEO to Replace Brian Lee, and Activision Hits Record $2B in Sales in Q4.

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Snapchat's Would-Be Investors Drive Up Wrong Stock

socalTECH

Enthusiastic, yet clearly unsophisticated, fans of Venice, California-based Snap Inc. , the parent company of Snapchat , have driven the stock of a completely unrelated, over-the-counter company, Snap Interactive , through the roof this week. According to CNET , Snap Interactive's stock--which had been trading below $6 a share all year, has jumped as high as $15 a share, all due to widespread investor confusion on exactly what company they were buying the stock for.

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Snap Announces Deal with A&E to Develop First Original Snapchat Show

L.A. Business Journal

Snap Inc. and A&E Networks jointly announced a content production partnership Friday that will include the development of the first original unscripted content on Snapchat.

Snapchat 109
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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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Interview with Mike Whitmire, CEO and Co-founder, FloQast

socalTECH

For today's interview, we sat down and talked with Mike Whitmire , the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. Mike tells us about the company, who uses its software, as well as how he was initially turned away from the Amplify.LA accelerator--which only inspired him to keep working on making his startup a reality and go from just an idea, to a real company.

Startup 124
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Hyperloop Firm Arrives

L.A. Business Journal

Hyperloop One founder doubles down on the technology with his new venture, Arrivo.

More Trending

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Profit From In-Game Sales Not Easily App-arrent

L.A. Business Journal

There are winners and there are losers in the world of in-app purchasing.

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Carttronics Acquired By Gatekeeper Systems

socalTECH

San Diego-based Carttronics , a developer of electronic systems used to reduce shoplifting and loss of shopping carts at retail stores, has been acquired by Irvine-based Gatekeeper Systems. Financial details of the buy were not announced. Gatekeeper is owned by private equity investor Hammond, Kennedy, Whitney & Company. The companies said the buy will help expand Gatekeeper's capabilities in shopping cart containment, loss prevention and retail analytics markets.

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How To Survive A Deadly Drag On Startup Productivity

Startup Professionals Musings

A “downer” is defined here as someone who seems to dwell on the negatives of every business challenge, and loves to highlight bad news or potential problems. No matter how smart or experienced this person may otherwise be, things must change or they will kill your startup. I’m not talking about someone who has an occasional bad day, but rather people who when asked, “How are things?

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New Website, ElectroMotive, Looks To Match You With Electric Cars

socalTECH

A new website, ElectroMotive , which recently launched here in Los Angeles, is hoping that its site might convince more people to switch to electric cars. The site--created by he 11th Hour Project and Insight Campaigns--says it is aimed helping Angelenos browse, learn, and "fall in love with the next generation of cars." The site quizzes users about their driving habits, lifestle, and budget, and then recommends different EVs depending on those answers.

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Senate Confirms Price for HHS, But Stock Deals Still Raise Questions

Xconomy

The Senate confirmed Tom Price as Secretary of the U.S. Department of Health and Human Services early Friday morning by a 52-47 vote that, as expected, fell largely on party lines. Price is an orthopedic surgeon by training who has been a member of Georgia’s congressional delegation since 2004. He will now oversee a department that includes the National Institutes of Health, the FDA, the Centers for Disease Control and Prevention, and the Centers for Medicare and Medicaid Services.

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Report: Honest Company Seeking CPG CEO

socalTECH

Los Angeles-based e-commerce provider Honest Company , which sells organic baby and beauty products, is looking to replace CEO Brian Lee with a veteran of the consumer packaged goods (CPG) market, according to a report. Recode, citing insiders at The Honest Company, says board members have been talking to executives from consumer packaged goods companies to take a role at the company.

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Often Advocates Of Faster FDA, Patient Groups Wary Of Trump Deregulation

Xconomy

In the biomedical world, perhaps the biggest question looming over President Donald Trump’s upcoming pick for Food and Drug Administration commissioner is how drastically that person will help roll back FDA regulations. Trump said at last week’s meeting in Washington D.C., with pharmaceutical executives that he wanted to slash FDA rules by 75 to 80 percent—“at a level no one has seen before”—while still promising “tremendous protection for the people.

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Amplify.LA Backs SafeRide Health

socalTECH

SafeRide Health , which provides transportation of patients to health care providers, has scored funding and backing of Los Angeles startup accelerator and investor Amplify.LA , Amplify said this week. SafeRide Health joins Amplify.LA along with the funding. Size of the funding was not announced SafeRide currently operates across the Midwest and Chicago, is soon launching Seattle and Portland, and will shortly be expanding to LA, New York City and surrounding areas.

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Bio Roundup: Travel Ban Block, Gilead Shock, Dean Kamen Talk & More

Xconomy

The biotech community pushed back against President Donald Trump’s order to block travelers and refugees this week, and not much later, a federal court did, too. Patient advocates have scored big wins with recent approvals of rare disease treatments, but they’re not as happy with insurers’ coverage decisions or with Trump’s promises of massive FDA deregulation.

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