Mon.Jul 06, 2015

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Page Howe: Why Everyone In LA Ought To Have a.LA Domain

socalTECH

We recently ran into Page Howe , the Chief Engagement Officer for the.LA (www.la) domain name extension, who sat down with us and told us about why he's out making the rounds with community groups and events, promoting the use of.LA as a domain extension. Howe is a veteran of the domain name business, having made his name buying and selling domain names over the years, including having founded Joe's Domains.

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8 Business Name Mistakes That Investors Hate to See

Startup Professionals Musings

Every new baby gets a name before it is introduced to the world, and yet some entrepreneurs continue to send me business plans with TBD (to be determined) in place of a business name on the front page. They don’t realize that the name they choose, or lack of it, sets an initial perception of the business that may override all of its value. Your business name will have the same impact on potential customers.

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Maxwell Technologies Gets $25M In Credit Facility

socalTECH

San Diego-based Maxwell Technologies , which develops ultracapacitor-based energy storage and other products, said today that it has received a $25M, three year revolving line of credit. The new funding will go towards working capital. Maxwell said the line comes from East West Bank. Terms of the credit line were not disclosed. Maxwell develops ultracapacitor products, power modules, and a number of other energy and aerospace related products.

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BloomNation is Succeeding in Empowering Small Businesses

Tech.Co

No one goes into to the florist industry for the money. Florists are passionate about what they do. They should be seen as craftspeople and their work should be taken seriously. The big companies in the industry (think FTD, Teleflora, 1800Flowers) that dole out work to local florists are not only stifling their creativity, but killing their businesses.

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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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Versant Ventures Gets Exit At Oculeve

socalTECH

San Diego-based venture investor Versant Ventures has scored an exit out of its portfolio, with the acquisition of Oculeve , a medical device developer developing treatments for dry eye disease. Oculeve was acquired for $125M plus earnout by Allergan this morning. Oculeve, which was based in South San Francisco, had raised $7.5M in funding from Kleiner Perkins Caufield & Byers, New Enterprise Associates and Versant Ventures.

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TechZulu Tech Wrap | Weekly Tech Roundup Ep. 1

Tech Zulu Event

This is episode 1 of the TechZulu Tech Wrap. Produced by PodShare’s Elvina Beck and Kera Package for June 20-July 6, 2015. If you missed out on all the news last week because of… well you simply checked out Tuesday for the long 4th of July weekend, we got you covered. If you enjoyed the w(rap) please comment below to let us know ;). Referenced Stories / More Info :: Facebook – [link].

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Why Taking Some Risks in the Sales Process Can Improve Results

Both Sides of the Table

Many people are too cautious in sales processes and as a result when they present their solutions they end up sounding milquetoast and undifferentiated from anybody else in the market. In this post I advocate taking a harder stand on where your product or solution differentiates in the market – even if it means you lose some deals as a result.

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Black Lotus Acquired By Level 3

socalTECH

b> Black Lotus , an operator of a Distributed Denial of Service (DDoS) mitigation service, which had its emergency operations center in Los Angeles, has been acquired by Level 3. Financial details of the buy were not announced. The deal had been announced by the two companies last week. Black Lotus was backed by Industry Capital, and had raised $3.5M in 2013.

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RealtyMogul.com Bolsters Executive Staff

socalTECH

Los Angeles-based online real estate investing marketplace RealtyMogul.com said today that it has added two new executives to its staff. According to the company, it hass added Michael Sanchez and Charles H. Kim, CFA, to the company's Commercial Lending Division. Sanchez was formerly Senior Vice President and Kim was Vice President and Colony Capital.