Wed.Aug 12, 2015

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RadPad Dangles $10K Bounty For Job Referrals

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Los Anngeles-based RadPad , the online job marketplace led by Jonathan Eppers, said Wednesday that it is offering up a $10,000 referral reward to anyone who helps land the company an engineer. RadPad--which is backed by such investors as Altpoint Ventures and Goldcrest Investments said the new reward comes because engineering talent is still at a premium in Southern Californi, due to the rise of many startups here, including Tinder, Snapchat, Whisper, Flipagram, Parachute, RealtyMogul, Reformati

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How Great Entrepreneurs Spell Continuous Innovation

Startup Professionals Musings

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. The most common proposals I hear are for yet another social networking site ( over 200 active ), or another dating site (now over 2500 in the US alone). Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare.

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Surf Air Expanding To Sacramento On August 24th

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Santa Monica-based Surf Air , the all-you-can fly, membership airline, says it plans to start its service to Sacramento on August 24th, according to the company. Surf Air--which announced the plan to expand to Sacramento earlier in the year--charges as little as $1750 a month for its service, which flies members between Southern California, the Bay Area, and elsewhere on commuter turboprops.

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Here Comes New Ideas from BPM

Tech Zulu Event

While the global economy has proved to be fertile soil for launching small to mid-sized businesses, there has never been a time in which the competition in the small business arena has been as intense as it is currently. The exceptional level of competition has forced business owners to look for ways to improve their competitive edge, and one of the most effective ways of doing this is to enhance efficiency by improving overall business processes.

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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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Zadara Wins Gilt

socalTECH

Irvine-based cloud-based storage service provider Zadara reported Tuesday that it has signed up online shopping site Gilt as a customer. Financial impact of the win was not announced. Zadara said that Gilt has deployed its storage-as-a-service with Amazon Web Services, rather than expanding a current on-premise HP 3PAR storage array. Zadara's storage service uses on-site storage appliances which connect into the cloud, handling storage and caching of the data into various cloud services.

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Will Schroter's Startups.co Buys, Will Restart Zirtual

socalTECH

Startups.co , the startup led by former Southern California entrepreneur Will Schroter, has acquired defunct virtual personal assistant service Zirtual , and will restart the service. Startups.co--which is based in Schroter's hometown of Columbus, Ohio--said it will restart Zirtual, which suddenly shut down this week. Schroter spend a significant amount of time in Los Angeles, having started up Affordit, GotCast, Unsubsribe.com, and Fundable, as well as invseting in a number of other companies.

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United Online Sells Classmates For $30M

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Woodland Hills-based United Online said this morning that it has sold its Classmates subsidiary, to Intelius Holdings , for a mere $30M in cash. According to United Online, the sale is a "great outcome" for the company, and will allow it to add additional capital to its other existing businesses. United Online said that Classmates was a non-strategic asset for the company.

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Vanity Fair: Tinder's Acceleration Of Hookup Culture

socalTECH

Whatever you think of Los Angeles-based Tinder , the mobile app-driven, swipe left/right method of finding a hot date--it has completely changed dating, according to Vanity Fair. The magazine profiles how Tinder has accelerated a hookup, sex driven culture --where sex is more important than any relationship, and the next hookup is just a swipe away.

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Wil Schroter's Startups.co Buys, Will Restart Zirtual

socalTECH

Startups.co , the startup led by former Southern California entrepreneur Wil Schroter, has acquired defunct virtual personal assistant service Zirtual , and will restart the service. Startups.co--which is based in Schroter's hometown of Columbus, Ohio--said it will restart Zirtual, which suddenly shut down this week. Schroter spend a significant amount of time in Los Angeles, having started up Affordit, GotCast, Unsubsribe.com, and Fundable, as well as invseting in a number of other companies.