TechCrunch LA
JANUARY 13, 2017
2016 was a good year to be a tech startup in LA, and, with the $25 billion planned public offering for the city’s startup darling, Snap Inc., coming up, the future’s so bright entrepreneurs might want to wear… Spectacles. Last year saw the city reap windfall exits from the acquisition of companies like Dollar Shave Club, and has a number of promising e-commerce companies… Read More.
L.A. Business Journal
JANUARY 13, 2017
Another big L.A. player is diving into the digital world of e-sports, hoping to grab a piece of a market that is expected to grow to $1 billion as early as next year.
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socalTECH
JANUARY 13, 2017
San Diego-based renewable energy developer EDF Renewable Energy says that it recently put a 225 megawatt, wind farm--which is supplying electricity to Google--into operation. EDF Renewable Energy said the Great Western Wind Project , which is based near Woodward and Ellis counties in Oklahoma, went into commercial operations on December 21st. All of the power at that plant is going to Google, under a long term Power Purchase Agreement (PPA) for the output of the wind farm.
L.A. Business Journal
JANUARY 13, 2017
Sony Entertainment chief executive Michael Lynton, 57, will step down from his post to focus on his position as chairman of the board of Snap Inc., according to news reports from The New York Times, Deadline.com, and others.
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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.
socalTECH
JANUARY 13, 2017
Santa Barbara-based whole home music system developer Sonos said on Thursday that it has extended its Trueplay sound shaping system to its PLAYBAR products. Trueplay lets users tune speakers to specific environments where they are installed, using a users' smartphone to measure how sound is bouncing off walls, furniture, and other surfaces. Sonos said that Trueplay for PLAYBAR is available in its 7.0 update.
L.A. Business Journal
JANUARY 13, 2017
Head of Sony Entertainment, Michael Lynton, steps down to become Snap chairman, Rubicon shares soar after rumor of a sale, RadPad acquired after rough 2016, and more.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
L.A. Business Journal
JANUARY 13, 2017
Apartment listing service RadPad of Venice was bought by tenant-screening service LandlordStation of Dallas for an undisclosed amount, following a tough year that included layoffs and court battle with Craigslist.
socalTECH
JANUARY 13, 2017
Venture capital investment dollars declined in Q4, to $12.7 billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor , the new report tracking venture capital investment across the U.S., as the venture market eased off its torrid funding pace. The NVCA called the investment levels "fairly health" and said that it appears that venture funding is coming to a "more normal level" versus the peak in 2015.
SoCal Tech Calendar
JANUARY 13, 2017
Thursday, January 19, 2017 -- SplashX LA. On Thursday, January 19, SplashX LA will present local entrepreneurs, media, civic leaders and world-class investors representing more than $10M of capital under management at the cozy TechStyle Fashion Group HQ in El Segundo, CA SplashX is a short and sweet 3-hour twilight tech talk and mixer, where valuable lessons and inspirations are shared by influential leaders in innovation.
socalTECH
JANUARY 13, 2017
Los Angeles-based Maple Media , a new startup led by startup veterans Clark Landry and Michael Ritter, said late Thursday evening that it has launched a new venture which will acquire and roll up mobile apps. The startup says it is backed by private equity investor Shamrock Capital, and is actively looking to acquire profitable iOS and Android mobile app.
L.A. Business Journal
JANUARY 13, 2017
Beverly Hills hopes to get on board with federal testing of autonomous vehicles
socalTECH
JANUARY 13, 2017
Los Angeles-based advertising exchange Rubicon Project is reportedly seeking a buyer, and has engaged investment banking firm Morgan Stanley to shop the firm, according to the WSJ on Friday. The report cited "people familiar with the matter". The report said Rubicon Project is looking at strategic options for the company, including a sale of the company.
Xconomy
JANUARY 13, 2017
This past week, the biopharma industry made its annual January pilgrimage to San Francisco for the J.P. Morgan Healthcare Conference. 2016 was a whirlwind year in biotech, and the biopharma gods rewarded attendees with a multi-day monsoon to slog through to get from one meeting to the next. Earlier today, Alex Lash and I offered a few tidbits from our notebooks —more to come later.
Startup Professionals Musings
JANUARY 13, 2017
A good entrepreneur is not necessarily born a good salesman. In fact, they are often the opposite, more focused on building things rather than selling them. Yet, in today’s world of information overload, marketing and selling skills are critical to the success of every startup. The alternative “If we build it, they will come” approach has long been relegated to the field of dreams , after Kevin Costner’s movie by the same name.
Xconomy
JANUARY 13, 2017
The holiday period is a great time for reflection and then behavior modification – often referred to as resolutions. While a bit artificial to the logical engineer, this opportunity can be helpful. This year, my favorite insight came from a former student and employee, Elliot Cohen, co-founder of PillPack. While thinking about the major aspirational goals for the upcoming year that motivate me to get out of bed every morning with high energy and purpose – such as getting my second book out
Xconomy
JANUARY 13, 2017
[ Editor’s note: Ben Fidler contributed to this report ] The week of frenetic data sharing, deal talking, and party hopping of the J.P. Morgan Healthcare Conference—and the events that have mushroomed around it—took a punch to the gut just as most attendees were wrapping up and checking their outbound flight status. The incoming party-pooper-in-chief, Donald Trump, said during his first press conference Wednesday that drug companies are “ getting away with murder ”
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