Mon.May 18, 2015

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What The Heck Are My Startup Options Worth?

InfoChachkie

A version of this article previously appeared in Forbes. When joining a startup, there are seven important questions you should ask in order to answer the question: “What the heck are my stock options worth?”. You just received a job offer from a startup which includes 50,000 stock options. That is wonderful…or is it? I reviewed and approved hundreds of employment offer letters at my various startups, all of which included stock option grants.

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SpaceX Promotes Travel To Mars With Retro Posters

socalTECH

Hawthorne-based SpaceX , the commercial spaceship and rocket company founded by Elon Musk, is promoting travel to Mars with three, retro-style travel posters. SpaceX--which released the posters on Flickr over the weekend--released the posters under the caption "Adventure awaits! Explore Mars� ultimate vacation destinations". The posters are reminiscent of the vintage, National Park posters created by the WPA back in the 1930's in response to the Great Depression.

SpaceX 155
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8 Ways To Maximize The Value Of Your Startup Stock

Startup Professionals Musings

When an entrepreneur first incorporates his or her business, he or she may find him or herself the proud owner of 10 million shares of common stock, commonly called founder’s shares. It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners and taxation.

Startup 99
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Mucker Capital Starts Fundraising On New Fund, Mucker III

socalTECH

Santa Monica-based Mucker Capital , the seed stage investment fund led by Erik Rannala and William Hsu, has just booted up fundraising efforts for the group's third venture capital fund, Mucker III, L.P. The fundraising effort was first disclosed in a regulatory filing by the firm. Mucker Capital has recently started targeting pre-seed and seed-stage investments in local companies, of between $1M and $3M, as it has more broadly looked to support the growth of the startup industry in Los Angeles.

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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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TechZulu #TechCrawl | Hollywood Edition

Tech Zulu Event

TZ Tech Crawl is back this month and heading to Hollywood! Come take a tour of some of the hottest LA Tech companies and Co-Working spaces filled with Startups & Entrepreneurs located in Hollywood! Starting Point. Swing by Grindr to pickup your name tags. The first wave of crawlers will begin promptly at 6pm. Agenda: When: Thursday, May 28, 6-10:30pm PT.

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ScoreBig.com Ties Into Southwest Airlines Rapid Rewards

socalTECH

Los Angeles-based live event ticket marketplace ScoreBig.com said Monday that it has linked up with Southwest Airlines. ScoreBig.com said it has partnered with Southwest's Rapid Rewards program to let members of Southwest's frequent flyer program earn points, whenever they purchase tickets through ScoreBig.com. ScoreBig offers up discounts to NBA, NFL,MLB, NHL, NCAA, concerts, family, and theater tickets, helping venues maximize the number of tickets sold to those events.

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AssetAvenue Names Chief Investment Officer

socalTECH

Los Angeles-based online, commercial real estate loan marketplace AssetAvenue announced this morning that it has named Varun Pathria as the company's new Chief Investment Officer. Pathria joins the company from Colony Capital, where he was Senior Vice President. Pathria had been at Colony --which specializes in real estate investments--for eleven years.

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RealD Pulls In Viewers For Mad Max: Fury Road

socalTECH

Los Angeles-based 3D film projection technology provider RealD reported over the weekend that its screens delivered approximately 41 percent of the domestic, opening weekend gross of the new film, Mad Max: Fury Road. The company said that approximately $18M came from its 3D auditoriums. RealD says it is now the world's most widely used 3D cinema technology, with 26,500 screens.

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Cinedigm Plans New Board Structure

socalTECH

Los Angeles-based digital content distribution provider Cinedigm says this morning that it is in an effort to expand and reconfigure its board of directors, and is looking to add from two to four new directors and a new Chairman. The company says it has engaged search firm Korn Ferry in the effort. Cinedigm said the company is specifically looking for board members from the areas of television, over-the-top television, social media, marketing, entertainment, capital markets, and related areas.

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Kurion Gets Win In Oklahoma

socalTECH

Irvine-based nuclear and hazardous waste remediation technology developer Kurion reported a win this morning in Oklahoma, as part of the decommissioning of a nuclear fuel fabrication facility. Financial impact of the win was not announced. Kurion said the win came from he Environmental Properties Management which is the Trustee for the Cimarron Environmental Response Trust, which owns the site, along with the Nuclear Regulatory Commission (NRC) and Oklahoma Department of Environmental Quality (D

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