Wed.May 20, 2015

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What is The Best Way to Explain Your Startup?

Both Sides of the Table

Anybody who reads the blog regularly will know that I’m long video. I’ve made 5 investments in the sector and I hope to make 5 more. Between the US & Europe alone the video sector is worth around $500 billion. And TV / Film / Video Games / Virtual Reality / Augmented Reality and frankly the Internet will all merge. Western countries watch > 5 hours of TV per day.

Startup 276
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USC At Center Of Alleged Chinese Espionage Ring

socalTECH

In some unwelcome news, the University of Southern California looks to be the center of an alleged Chinese spying ring, formed by three former graduate students from the school's electrical engineering school. According to the U.S. Department of Justice , it has charged six defendants with economic espionage and theft of trade secrets, which benefited the People's Republic of China.

USC 162
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10 Ways Entrepreneurs Foster Team Accountability

Startup Professionals Musings

Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability. Many people hear responsibility as an obligation, but I hear it as “the ability to respond.” Unfortunately many people don’t have the ability to respond, because they lack confidence in themselves, or simply don’t have the skills required.

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March Capital Partners Leads $30M Investment In Coho Data

socalTECH

Santa Monica-based venture capital investor March Capital Partners is the lead investor in a new, $30M investment in Coho Data , a developer of high performance, flash-based storage. Coho said that March led the Series C funding, a round which also included Hewlett Packard Ventures, Intel Capital, Andreessen Horowitz and Ignition Partners. March's investment in Cohu is led by Sumant Mandal.

Capital 138
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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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SV Angel's David Lee Resigns To Spend More Time In LA

socalTECH

Venture capitalist David Lee , who was Managing Partner of seed and angel investing fund SV Angel , one of the most active venture investors in San Francisco, has resigned to spend more time with his family in Los Angeles, the fund told its Limited Partners on Tuesday. According to a memo leaked from the firm, Lee has decided to spend more time with his wife, children, and extended family in Los Angeles.

Angel 132
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FastSpring Names New CTO

socalTECH

Santa Barbara-based e-commerce software developer FastSpring announced late Tuesday that it has named Michael Smith as the company's new Chief Technology Officer. Smith was most recently CTO of Verisk Analytics, and also had served at Interthinx and Strategic Analytics. FastSpring develops cloud-based e-commerce software used by software, cloud, and other online service companies.

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Qualstar Names President

socalTECH

Westlake Village-based data storage and power supply manufacturer Qualstar > has promoted Daniel K. Jan, the company's Executive Vice President, to the role of President, the company said late Tuesday. Jan has been EVP of the company since April of last year. Jan takes over the President role from CEO Steven N. Bronson, who remains in the CEO position.

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Kareo Rolls Out Apple Watch App

socalTECH

Irvine-based Kareo , the developer of cloud-based, medical office software, has rolled out a new Apple Watch app, which it says can help physicians improve their medical practice efficiency. Kareo said its new app provides appointment reminders, scheduling updates, and secure communications, all through the new Apple Watch. The new app also offers up analytics into medical practice metrics, including how many patients are scheduled for a day, how many patients are waiting to be seen, and who is

Metrics 125
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Auction.com Partners With Chinese Real Estate Site

socalTECH

Irvine-based online real estate marketplace Auction.com said this morning that it has partnered with Chinese online real estate site Juwai.com , which will bring Auction.com's U.S. real estate listings to China. Financial details of the deal were not disclosed. The two companies said the deal will advertise real estate listings from Auction.com to 2.6 million monthly Chinese speaking users, in both mainland China as well as the rest of the world.

Sites 122