Thu.Nov 12, 2015

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Good, cheap, fast. Pick any two.

Berkonomics

This one is attributed to Rod Adair, the famous oil and gas fire suppressing expert. And boy, does it apply to most of us and our offerings. “Quality” products and services should not be positioned as “cheap,” or your potential customers will question your message from the start, and will be more critical of the delivered product than if offered as one or the other, but not both.

Resource 226
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Panjo Picks Up $4.6M

socalTECH

Santa Monica-based Panjo , which operates an online marketplace for automotive and sport enthusiasts, said this morning that it has raised $4.6M in a Series A funding round. The funding came from Spark Capital, along with The New York Times Company, Fabrice Grinda, Lerer Ventures, BDMI, BEENOS Partners, Mucker Capital and Mesa. Panjo was founded by Chad Billmyer, Juan Vasconez, and Tom Gerken.

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Los Angeles’s Secret to Startup Success

Tech.Co

When Los Angeles, CA was listed as the fastest-growing tech startup region in 2014, many guesses were raised about the root cause of its success. Could it be the large number of new companies? Is it the culture or community atmosphere? But trying to boil it down to a single trait minimizes its impact. No, to see the strength of Los Angeles’ startup scene, you must look at the whole story.

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TeleSign Partners With Swisscom

socalTECH

Los Angeles-based TeleSign , the provider of phone verification and mobile identity technology led by Steve Jillings, said Wednesday that it has partnered with Swisscom, the Switzerland-based telecom provider. According to the two, they will link to develop and deliver new identity services, to help improve online account security, verify financial and e-commerce transactions, and prevent fraud.

Commerce 131
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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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NextVR Gets $30.5M For Virtual Reality Broadcasting

socalTECH

Laguna Beach-based NextVR announced this morning that it has raised $30.5M in a Series A funding, to help extend its virtual reality broadcasting technology. The funding was led by Formation 8, and also included Time Warner Investments, Comcast Ventures, Peter Guber, RSE Ventures, The Madison Square Garden Company, and Dick Clark Productions. Brian Koo of Formation 8 will join the company's board with the funding, with Time Warner Investments' Scott Levine joining as an observer.

Content 131
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Semtech Deploys In Belgium, Luxembourg

socalTECH

Camarillo-based analog and mixed signal semiconductor maker Semtech Corporation reports this morning that it has deployed its LoRA RF networking technology in Belgium and Luxembourg. Semtech said its LoRA network is being used for an Internet-of-Things network in the two countries, by Proximus, a large telecom operator. Financial impact of the win was not disclosed.