Fri.Sep 11, 2015

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What You Could Learn from @John About Teens and Social Media

Both Sides of the Table

When most people think of John Shahidi two words come to mind. Bieber & Mayweather. Yes, that Bieber (67 million Twitter followers, 73 million on FB) & that Mayweather (6.4 million Twitter followers, 12 million on FB). The reason being – John Shahidi counts both as investors and friends. So. You’re probably thinking, “slick talking, super confident, tall, extroverted, arrogant, LA kinda dude.” You’d be dead wrong.

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Orexigen Gets $60M In Private Placement

socalTECH

San Diego-based Orexigen Therapeutics , the publicly held biotech developer, said Thursday that it has raised $60M in a private placement. The funding came from The Baupost Group, LLC. Orexigenn Therapeutics said the new funding will go towards strengthening its balance sheet, ahead of commercial launch of its products. Orexigen said The Baupost Group purchased 5 million shares of its common stock at $3 per share, plus 0.25 of a warrant, which are exercisable for five years at $6 per share.

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9 Lessons For Entrepreneurs From A Sales Expert

Startup Professionals Musings

Most aspiring entrepreneurs believe that a great idea alone will assure business success. Experts argue that it’s more important to have a great plan, and personal business acumen. Hardly anyone mentions selling principles. Yet in this age when customers have a thousand alternatives, and are overwhelmed by a multitude of messages, sales efforts can make or break a business.

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Qualcomm Targets Consumer Drone Market With New Platform

socalTECH

San Diego-based Qualcomm has launched a new reference platform, specifically aimed at helping designers incorporate its chips into drone aircraft, the company said Thursday. According to Qualcomm, its subsidiary, Qualcomm Technologies, has launched a new reference platform called Qualcomm Snapdragon Flight , which is specifically aimed at use in consumer drones.

Platform 132
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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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Fitwall Acquired By Skechers' Jeff Greenberg

socalTECH

Irvine-based fitness chain Fitwall has been acquired by Jeff Greenberg , the co-founder of Skechers , along with investor Jake Silverstein , the two said today. Financial details of the buy were not disclosed. The two said they now have a controlling stake in Fitwall, wiith Greenberg joining the company's board as Chairman. Greenberg was already an investor in Fitwall, which focuses on using technology like Bluetooth heart rate monitors and iPads to improve fitness.

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Iteris Signs Deal with Valent USA

socalTECH

Santa Ana-based transportation and agriculture information provider Iteris reported this week that it is in a deal with Valent U.S.A. , to provide field-level weather, soil content, and crop protection via an API. According to Iteris, Valent is tapping into its ClearAg application programming interface, professional services, and more. Financial details of the deal were not disclosed.

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