Sat.Sep 24, 2016 - Fri.Sep 30, 2016

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Eye of the needle? Why worry over your bottlenecks.

Berkonomics

Think for a minute whether there is any process or person that could be classed as the eye of the needle in your organization. Is there anything, process or person, that stalls the flow of work from start to finish? A CEO once told me that she was ‘the eye of the needle’ in her organization, purposely controlling quality of service and making sure all of her direct reports let her know of each . decision and action they undertook.

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How ContractSafe Wants To Help You Get Your Legal Docs In Order, With Ken Button

socalTECH

For a lot of companies�and their management and legal teams-- managing the reams of paperwork involved with legal contracts is a big, disorganized mess. To address that disaster, Ken Button and Randy Bishop�two veterans of the startup industry�created ContractSafe (www.contractsafe.com), a new online service aimed at helping companies to tame that mess and manage and store their contracts in the cloud.

Doc 224
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Russian Firm’s Bid For Rocket Launcher Comes Under Fire.

L.A. Business Journal

Russian private aviation holding company CJSC S7 Group’s purchase of Sea Launch, a rocket launch company that operates out of the Port of Long Beach, is making waves in the Southern California aerospace industry, with a legal challenge by the Boeing Co. and concerns about the Russian company’s involvement.

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Energy Storage North America

SoCal Tech Calendar

Wednesday, October 5, 2016 -- Energy Storage North America. North America's largest conference, exhibition and networking event for the energy storage industry. Now in its fourth year, ESNA connects developers, energy users, utilities and policymakers to advance understanding and deployment of energy storage and ultimately build a cleaner, more affordable, and more resilient grid.

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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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Tealium Adds $35M to Expand Technology, Sharpen Customer Focus

Xconomy

Tealium, a San-Diego startup that provides online advertising tag management and marketing services for enterprise customers, has raised $35 million in a growth financing deal intended to expand its technology and market reach. Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7 million Series D round in early 2015, re-upped in the latest round, which included all existing investors and some debt, Tealium CEO Jeff Lunsford said last week.

Custom 100
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LeisureLink Suspends Service, Stops Accepting Reservations

socalTECH

LeisureLink , which develops vacation travel booking software and technology, and was started in the Los Angeles area, appears to have halted its service, telling its partners on Friday that it has suspended accepting new reservations as well as modifying existing reservations. The company--which is still backed by a number of Southern California investors, including the Tech Coast Angels--had merged with VacationRoost.com back in 2013, and moved its headquarters to Utah.

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Energy Storage North America

SoCal Tech Calendar

Thursday, October 6, 2016 -- Energy Storage North America. North America's largest conference, exhibition and networking event for the energy storage industry. Now in its fourth year, ESNA connects developers, energy users, utilities and policymakers to advance understanding and deployment of energy storage and ultimately build a cleaner, more affordable, and more resilient grid.

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Ginkgo Builds Out Robot Labs as Microbe Design Business Grows: Photos

Xconomy

View the Slideshow If Ginkgo Bioworks has its way, robots and software will someday handle most of the genetic engineering work currently performed by scientists sitting at lab benches. Ginkgo is contributing to that shift. Today the synthetic biology company announced an expansion of its headquarters in Boston’s Seaport neighborhood, including a second, larger lab space for designing and making custom yeast and other microbes.

Design 92
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LeisureLink Shuts Down All Operations

socalTECH

LeisureLink , the developer of vacation rental booking software which was started in Pasadena, has shut down all of its operations, and laid off all of its staff. In a letter to partners, LeisureLink said all employees of LeisureLink are being terminated and the platform turned off, after its management was unable to raise additional equity to fund the company.

Pasadena 184
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Digital Resolution

L.A. Business Journal

ArbiClaims believes it has settled on a successful strategy in providing speedy online arbitration

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Energy Storage North America

SoCal Tech Calendar

Tuesday, October 4, 2016 -- Energy Storage North America. North America's largest conference, exhibition and networking event for the energy storage industry. Now in its fourth year, ESNA connects developers, energy users, utilities and policymakers to advance understanding and deployment of energy storage and ultimately build a cleaner, more affordable, and more resilient grid.

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Intrinsic Motivation Models Lead To Business Success

Startup Professionals Musings

In my experience mentoring new entrepreneurs and aspiring business leaders, I see far too many who seem to be driven by all the wrong reasons. Everyone seems to espouse extrinsic motivations, such as getting rich, having power, and fulfilling parent dreams, when in fact a focus on satisfying internal interests and desires will likely lead to more success, as well as satisfaction.

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ServiceNow Launches Its Own Venture Investment Arm, ServiceNow Ventures

socalTECH

ServiceNow , the developer of service management software led by Frank Slootman--and which started in San Diego--has launched its own venture capital arm, ServiceNow Ventures. According to ServiceNow, which is based in Santa Clara but still has major operations in San Diego, ServiceNow Ventures will target investments in early stage companies that develop cloud-based applications, built on its platform, as well as growth stage vendors developing strategic technology integration with the ServiceN

Invest 180
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Silicon Beach Report Sept. 28: SpaceX’s Musk: Less Than 5 Percent of Company Working on Mars Mission

L.A. Business Journal

SpaceX’s Musk says less than five percent of company working on Mars mission, Telesign joins ‘Lock Down Your Login’ initiative, Tinder starts testing ‘Boost’ feature, and more.

Company 111
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Avalon Leads $18M in Early Funding for Cancer Immunotherapy Startup

Xconomy

[ Note: The headline has been corrected to better describe the company’s type of funding. 9/27/16, 2:09 p.m. ] Fortis Therapeutics, a new San Diego biotech, has raised $18 million in initial funding to develop drugs for hard-to-treat prostate and bone marrow cancers. San Diego’s Avalon Ventures led the Series A round, and has established Fortis at COI Pharma, the firm’s biotech incubator (which now houses 16 life sciences startups).

Avalon 78
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10 Tried-And-True Strategies For Funding New Ventures

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea. On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item.

Funding 107
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Foursquare Opens First Office In LA

socalTECH

Location-based information service Foursquare said on Monday that it has opened up its first office in Los Angeles, in Playa Vista. According to Foursquare, the new office will help it meet explosion in demand, in part due to local local automotive, entertainment, CPG and QSR customers. The company said that Lindsay Aston, Matt Bontaites and Karen Lurry will lead the new office.

Journal 173
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Silicon Beach Report Sept. 29: Legendary Digital Launching Paid Streaming Service

L.A. Business Journal

Legendary Digital launching paid streaming service, Adam Carolla launches car maintenance management app, and Warner Bros. launches slots mobile game with Mario Lopez.

Services 110
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Bio Roundup: CAR-T & Migraine Races, Intra-Cellular, Rockefeller & More

Xconomy

The presidential race captivated millions of TV viewers this week as the first debate took place in Hofstra. But biotech watchers had other races on their mind. Who will be first to market with a new type of cancer treatment known as CAR-T? Who will break free of the pack of companies developing drugs meant to prevent migraines? As with the election, both races are heading down the homestretch.

Avalon 74
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Add A Personal Story To Make Your Business Memorable

Startup Professionals Musings

The biggest challenge for every entrepreneur and every startup today is to get noticed and remembered in today’s information overload. The number of entrepreneurs worldwide is huge, starting an estimated 50 million new businesses in the past year, or 137,000 per day. Every one of these probably has a unique story, but in my years as a startup advisor I only remember hearing a few who capitalized on their story.

Startup 100
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Opaque Communications Takes On Encryption, Cybersecurity

socalTECH

A new, Santa Monica-based cybersecurity startup, Opaque Communications , said on Tuesday that it has launched the company and released a new suite of products in the cybersecurity area. The startup, led by Dwayne Hall, said its new products are aimed at the financial services, healthcare, biotech, defense/aerospace, entertainment and R&D markets, and offer up a "hack-resistant" data center storage system called Dark Vault, a fully encrypted, cloud service called Dark Transmit, and a secure,

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Silicon Beach Report Sept. 27: SpaceX’s Elon Musk Reveals Mars Mission Plans

L.A. Business Journal

SpaceX’s Elon Musk reveals Mars mission plans, Jukin Media adds marketing division, Peter Guber and investors buys e-sports team.

Report 115
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Tech Giants’ Partnership To Explore Ethics, Societal Impacts of AI

Xconomy

With public interest in artificial intelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities. The Partnership on AI , formally unveiled Wednesday, includes Amazon, Microsoft, Facebook, IBM, Google and its 2014 acquisition DeepMind.

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How To Counter Criticism Of Your Million Dollar Idea

Startup Professionals Musings

In business, and in your personal life, the ability to anticipate and overcome criticism is one of the biggest differentiators between leaders, who make things happen, and followers, who may have great ideas but never seem to get things to go their way. In fact, leaders are not remembered for their dreams, aspirations, or intentions – they are remembered because they achieved results.

Ideas 92
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Who's Next For IPO, Acquisition In Southern California?

socalTECH

It's been a banner year for acquisitions and IPOs in Southern California--with such acquisitions as the $2 billion acquisition of Vizio in June; the acquisition of Dollar Shave Club in February; and the IPO of The Trade Desk last week. Who else is on the possible exit list? We've looked through our list and highlighted some of the companies who have been rumored or confirmed they are looking for an IPO or exit.

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Silicon Beach Report Sept. 26: Snapchat Changes Its Name, Unveils Sunglasses with Camera

L.A. Business Journal

Snapchat changes its name and unveils sunglasses with camera, Disney in talks to buy Twitter, SpaceX test fires Mars rocket and more.

Snapchat 110
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INNOVATE LA 2016 (October 6-23) Calls for Events

LATechDigest

Are you planning an event October 6th-23rd that celebrates Innovation in Los Angeles County? Please make sure your event is included in the incredible line-up of InnovateLA events! Last year Los Angeles Innovation Week(s) saw 160 events unfold over 22 days in over 25 cities across L.A. County. This year Innovation Week(s) becomes InnovateLA 2016 and they are raising the bar even higher.

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10 Keys To Great Startup Encores Following An Exit

Startup Professionals Musings

Entrepreneurs who experience success with their first startup are often amazed to realize that the risks and fears of doing it right the second time go up, rather than down. Encores are tough, especially in the high-risk world of startups, yet every entrepreneur I know can’t wait to start over and do it again. Sometimes their haste or ego causes them to ignore basics, and they fall hard.

Startup 96
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CarLabs Gets Funding For Car Shopping Bots

socalTECH

Los Angeles-based CarLabs , a new startup developing conversational "bots" to guide users through car shopping, has scored an angel funding, the company said late last week. The ange funding came from Mitch Glub (former founder of Cars.com); Tom McAlear (former COO of DaimlerChrysler Services); and Kevin Keegan (former President, InsWeb, and SVP at JD Power).

Funding 169
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Power Companies Charge Into Storage Ventures

L.A. Business Journal

Tesla’s battery plant for SoCal Edison is part of a wider industry push to put more into storage.

SoCal 100
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srfr Launches Dongle-Free Mobile-to-TV Streaming

LATechDigest

Venice-based SRFR just launched a technology to easily stream video content from your mobile device to smart television, including videos from Facebook, Dropbox, Snapchat, and your camera roll, all without having to purchase a separate dongle or stick to plug into your TV. By leveraging advanced proprietary technology, a simple User Interface, and an OTT complimentary API against the existing lag in platform-agnostic IoT technology, srfr lets users cut through all the noise and just watch.

Mobile 48
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A Teachable Moment on Race

Both Sides of the Table

Yesterday was the opening of the African American Museum in Washington DC, dedicated to the role that African Americans have played in building our country and our culture. It was signed into law 13 years ago by then president George W. Bush after being sponsored by the bipartisan support of Rep John Lewis (D) and Sen Sam Brownback (R). Many of you saw the photo released above of first lady Michelle Obama embracing former president Bush.

Anthem 278
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InstaMed Raises $50M

socalTECH

Newport Beach- and Philadelphia-based InstaMed , which operates a healthcare payment network, says it has raised $50M in an investment form Carrick Capital Partners. The company said the funding goes to accelerate its go-to-market strategy and to its healthcare payments technology. Carrick Capital's Jim Madden will join the company's board as part of the funding, and VP Chris Wenner will become an observer.

Capital 166
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Esri Supplies Microsoft With GIS Service

socalTECH

Redland-based GIS software developer Esri said on Monday that it has been selected by Microsoft , to offer up its GIS services for Microsoft Power BI and Microsoft Azure. Esri said its ArcGIS platform will be integrated into Microsoft's Power BI (Business Intelligence), a set of business analytics tools. Esri will also offer up its ArcGIS Pro desktop application via Microsoft Azure.

Services 164
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Turtle Beach Restructures HyperSound, Seeks Buyer

socalTECH

San Diego-based audio technology developer Turtle Beach said Monday that it is restructuring its HyperSound business, in a bid to lower the operating costs of that business. As part of that restructuring, the company said that investment banker Piper Jaffray is contiuing "exploration of strategic options"for that business. Turtle Beach said it has taken actions to "significantly reduce" its operating expenses of that business.

San Diego 159
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TeleSign Backs White House Cybersecurity Effort

socalTECH

Los Angeles-based Telesign , which provides phone verification and two-factor authentication services to major online service providers, said it is helping to back the White House's Lock Down Your Login initiative. The initiative aims to encourage Americans to better protect their online accounts, by moving them beyond passwords. The safety and security initiative is being run by the National Cyber Security Alliance, in conjunction with the White House.

Education 158