Sat.May 07, 2016 - Fri.May 13, 2016

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What is it Like to Wake Up and Have the Press Ready to Torpedo Your Business?

Both Sides of the Table

In case you missed it, the press yesterday ran several stories questioning the viability of a wireless charging company I invested in… Continue reading on Both Sides of the Table »

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Work–life balance is now a cliché

Berkonomics

Dave’s Note: Our special guest author this week is Kelly Graham from Decision Toolbox, Inc. You’ll enjoy her take on one of the basic issues of our business-personal lives… By Kelly Graham. Finding work–life balance is one of the most abused clichés in business today. Why? Because there is no such thing as work–life balance in corporate America today.

Startup 190
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USC Gets $200M From Oracle's Larry Ellison For Cancer Research

socalTECH

The University of Southern California has just received a huge, $200M donation from Oracle founder Larry Ellison , to create a new cancer treatment research center. According to the school, the donation will create the Lawrence J. Ellison Institute for Transformative Medicine of USC , a multi-disciplinary center focused on the prevention and treatment of cancer.

Oracle 138
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Practice Entrepreneurship With A Purpose – Before You Start A Company

InfoChachkie

A version of this article previously appeared on Forbes. Even Stephen Curry Needs To Practice. Entrepreneurship is a contact sport. It cannot be learned from a book or in a classroom. The skills which underlie entrepreneurship are largely learned first-hand, through trial and error. However, you do not need to start a business to begin exercising your entrepreneurial muscles.

Company 127
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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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How Would You Build a Movie Studio if You Started Today?

Both Sides of the Table

I met Andrew Stalbow and Petri Järvilehto from Seriously several years ago after they had just left Angry Birds where they were responsible for international business development / licensing and the game studio, respectively. They had a new company in mind and they posed a question to me “If Walt Disney were to try and build a movie studio from scratch today — how would he do it?

Startup 180
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Hyperloop Technologies becomes Hyperloop One, pulls in $80 million and announces global partners

TechCrunch LA

The news comes just days after rival hyperloop builder Hyperloop Transportation Technologies (HTT) announced a licensing deal to power its own prototype with magnetic levitation technology. Both Hyperloop One (formerly Hyperloop Technologies) and HTT are based in L.A. and both are working on models of Elon Musk’s Hyperloop – a vacuum tube-based transportation technology promising… Read More.

More Trending

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TECHSPO LA 2016 Technology Expo [ SANTA MONICA ]

Tech.Co

WHERE BUSINESS, TECH AND INNOVATION COLLIDE IN LA. Are you an early adopter of tech products? Looking for a job at a startup? Covering the Los Angeles tech scene for a publication? Looking to invest in the next Facebook? Or just a plain old tech enthusiast? Then YOU and thousands like you attend TECHSPO LA! The Best Part? It’s FREE! TECHSPO LA is a four day technology expo taking place June 13 – 16, 2016 at the luxurious Loews Santa Monica Beach Hotel, Santa Monica, California in the heart

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Comparably will tell you whether you’re not making enough at your current job

Jason Nazar

Today, Comparably has launched to help both businesses and employees recognize fair market value for both technical and non-technical roles in the industry. Read at The Next Web.

Web 63
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Behind the Scenes: Troy Carter’s SMASHD LABS with Suzy Ryoo

LATechDigest

Troy Carter’s ATOM FACTORY recently announced dates for Season Two of its SMASHD LABS Accelerator Program ; applications are now being accepted until June 5. Up to seven companies will be selected for this year’s program, which launches right after Labor Day, and wraps in the middle of November. SMASHD’s first Cohort brought four early-stage + one mature company into the fold: Sidestep : Mobile platform for live events that allows fans to order merchandise before, during and af

Mentor 75
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How Napkin Finance Is Demystifying Personal Finance, One Napkin At A Time

socalTECH

For many people�particularly young people�the intricacies of personal finance and Wall Street can be very intimidating. How do you help young people figure out and understand finance, in a simple, easy to understand format? Los Angeles-based Napkin Finance (napkinfinance.com) has figured it out, with a series of very visual, highly engaging �napkins�, which explain, in a graphical way, many of the principles and basics of personal finance.

Course 130
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2016 Silicon Beach Startup Fair [ SANTA MONICA ]

Tech.Co

STARTUPS! Do you struggle connecting with your users or gathering mission critical data that will determine your products success? Or, if your startup is already dominating the market, do you want to thank your customers in a special way? The 2016 Silicon Beach Startup Fair will give you that opportunity. Get face to face with your everyday users.

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This Company Raised $6.5 Million to Help You Find Out If You’re Underpaid

Jason Nazar

How much money do you make? Is your salary significantly lower than the industry average? Where does your compensation rank you in your company? Uncomfortable yet? That’s the point. Nazar, 37, says compensation is one of the most taboo topics of conversations in society. Read at Fortune.

Company 64
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6 Places To Find The Right Investor For Your Startup

Startup Professionals Musings

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family.

Startup 61
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Crosscut Ventures Backs Blockchain Startup

socalTECH

Los Angeles-based venture investor Crosscut Ventures is one of the backers of a new startup, Fluent , developing blockchain technology for the financial markets. According to Fluent, which is based in Lexington, Kentucky, it raised $1.65M in a seed funding which came from Digital Currency Group, Crosscut Ventures, Draper Associates, Fenbushi Capital, Lindberg Tech Fund and the St.

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Startups in the Sky! [ LOS ANGELES ]

Tech.Co

Did you hear?! By attending Startups in the Sky on Thursday, May 19 from 6 – 9 p.m., you better believe you’ll get a glimpse into the future of transportation. You will also mingle with hundreds of other entrepreneurs and movers and shakers that are full of future-focused inspiration, just like you. See you there. Startup Expo + Mixer + Snacks + Live Music | 6 – 9 p.m.

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Comparably launches Glassdoor competitor for salary data

Jason Nazar

Most people want to know if they’re being paid fairly or if they should be commanding higher pay, but don’t know how to find out. Nazar’s new company, Comparably, is launching Thursday to bring transparency to not only pay, but also culture in the workplace. Read at TechCrunch.

Press 64
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7 Good Entrepreneurial Habits That Turn Bad

Startup Professionals Musings

Good entrepreneurs are all about managing change, but too many forget that they have to change themselves as their dream evolves from a startup to a scalable business. Most begin by doing the product development, marketing and sales alone, but struggle making the transition to hiring and coaching others, defining repeatable processes and focusing on future strategy.

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MaxLinear Buys Broadcom's Wireless Backhaul Business

socalTECH

Carlsbad-based radio frequency and mixed signal integrated circuits developer MaxLinear said Monday afternoon that it has acquired the Wireless Infrastrcute Backhaul Business of Irvine-based Broadcom. MaxLinear said it woud pay $80.0M in cash for certain assets and intellectual property related to that Broadcom unit, which develops technology in the microwave, millimeter wave, and other 5G market areas.

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Digest May 2-8: WINC’s Big Series B, SENSAY Passes 1 Million Users, LA CITY Site Redesigned

LATechDigest

Follow LA Tech Digest on Twitter ( link ) for news as it happens. **. THIS WEEK’S EVENTS: see full calendar. Monday May 9. Cornerstone Convergence (-5/11). Chris Anderson (TED). Tuesday May 10. SoCal AgTech. WordPress Pasadena. Wednesday May 11. Jason Nazar. Startup Law. Cloud Security Alliance. Thursday May 12. Startup Accelerator Panel. 500 Startups Sean Ellis.

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14 of the biggest misconceptions 20-somethings have about success

Jason Nazar

Comparably CEO Jason Nazar writes that the only way for people in their 20s to get ahead at work is by taking initiative and doing things that need to get done, even if those tasks haven’t been explicitly assigned to them. Read at Business Insider.

Writing 64
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8 Accountability Steps Lead To A Great Entrepreneur

Startup Professionals Musings

Most business managers preach that the key to success is holding employees accountable for actions, but I have found that successful entrepreneurs are all about holding themselves accountable. They skip the blame and complain game, and make things happen despite major obstacles. As a startup investor, I view any evidence of a victim mentality as the kiss of death.

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Cubic Wins $200M Air Force Contract

socalTECH

San Diego-based defense systems developer Cubic said this morning that its Cubic Global Defense (CGD) unit has scored a $200M, five year, cost plus fixed fee contract with the U.S. Air Force Research Laboratory (AFRL). The company said the contract covers research and evaluation of warfighter readiness and training. The contract covers work at the Wright-Patterson Air Force Base, Ohio.

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Santa Monica’s Cornerstone OnDemand Launches New Products

LATechDigest

Santa Monica-based talent management software firm Cornerstone OnDemand announced the launch of its suite of people analytics products at its annual Convergence Conference. This includes the introduction of Cornerstone View , an interactive data visualization application that gives business leaders deeper intelligence about their people, as well as Cornerstone Planning , an intuitive workforce planning application that helps organizations easily create, manage and execute accurate hiring plans o

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Comparably Compares Your Salary with Other People In Your Field, Anonymously

Jason Nazar

The first step to making sure you’re being paid fairly is knowing how much your peers make, and while many sites provide some information on the topic, Comparably does so anonymously and privately. Read at Lifehacker.

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Why Startup Product Plans Make Poor Business Plans

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Is it any wonder why so few entrepreneurs ever find the professional investors they seek?

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DreamJobbing, The Clymb Partner On Dream Instagram Gig For Photographers

socalTECH

Los Angeles-based DreamJobbing.com , the startup founded by Lisa Hennessy, Alex Boylan and Burton Roberts, which offers up true "dream jobs" to its users, has tied with outdoors product site TheClymb on a set of dream jobs for Instagram photographers. According to the two, it will be offering up "dream jobs" and trips to Peru, Ecuador (Galapagos), Nepal, Antarctica, Tanzania, and Alaska, to six different Instagram photographers.

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Getting Your Series A Mojo Back

Both Sides of the Table

You Need to Find Your Mojo A Chip On Your Shoulder A few years ago I wrote a blog post on entrepreneurs with a chip on their shoulders. I think it’s an important read. A chip on one’s shoulder as in, “F**k the system, it’s broken and I want to fix it” is exactly the energy I look for in entrepreneurs. My internal compass says that “country-club” entrepreneurs struggle to make as big of an impact because it’s really hard to totally change a system that you’re part of and have a vested interest in

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The One Question to Ask Yourself Before Starting a Business

Jason Nazar

At this point in his career, serial entrepreneur Jason Nazar has developed a one-word litmus test for aspiring entrepreneurs: “Why?”. Read at Fortune.

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5 Principles That Drive The New Market For Sharing

Startup Professionals Musings

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. This new sharing economy is rapidly becoming the new business of sharing, with major winners already including Airbnb (rooms), Uber (rides), and Chegg (books).

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RLH Equity Sells Bluewolf Group To IBM

socalTECH

Los Angeles-based private equity investor Riordan, Lewis & Haden Equity Partners (RLH Equity), has sold one of its portfolio companies, BlueWolf Group , to IBM. Financial details of the acquisition were not announced. Bluewolf provided IT consulting and cloud computing for Salesforce.com, and had more than 500 employees spread across 12 offices in the US, Europe, and Australia.

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HyperLoop One Shows Off Open Air Propulsion Testing

socalTECH

Los Angeles-based HyperLoop One showed off its first, open air testing efforts near Las Vegas this week. The company release a video showing the test , which sent a prototype of its vehicles across its test site and to a stop down a test track, in the open air. Eventually, HyperLoop One hopes to do the same--but inside a tube, and between cities. The company just raised $80M in funding to try to bring that vision to reality.

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Patagonia Partners With High Tech Fabric Startup

socalTECH

Ventura-based outdoor apparel company Patagonia has partnered with a startup developing a high performance, synthetic silk fabric, made out of natural proteins. Bolt Threads , which says it is creating high performance, sustainable fabrics created from natural proteins rather than hydrocarbons, announced the partnership along with a $50M, Series C investment on Thursday.

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UCLA, Leica Biosystems Team on Digital Pathology Testing

socalTECH

The UCLA Department of Pathology and Laboratory Medicine , and lifescience equipment maker Leica Biosystems said this morning that they are in a collaboration around digital pathology. According to the two, UCLA will help validate a digital pathology offering from Leica Biosystems, through a team led by Dr. Scott Binder. Financial details of the deal were not disclosed.

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CSM Software Acquired By SOLIZE

socalTECH

CSM Software , and engineering and high tech services outsourcer whose founder and chairman is based in Westlake Village, has been acquired by Japanese company SOLIZE Group , acording to the companies. Financial details of the acquisition were not disclosed. CSM Group was founded in 1992, and had major operations in Bangalore, India, although its Founder and Chairman, Dr.

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GrubHub Acquires LAbite For $65M

socalTECH

Los Angeles-based restaurant delivery service LAbite was acquired last week by GrubHub , in a deal reportedly worth $65M. LAbite had been founded in 2001, and said it has 2,087 Southern California restaurants it services, with hundreds of local drivers delivering meals for the service. READ MORE>>.

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Tradesy Takes $30M More For Online Luxury Clothing Marketplace

socalTECH

Santa Monica-based online luxury clothing marketplace Tradesy has raised $30M more in a Series C funding, the company disclosed late Monday. The funding was led by Wildcat Capital Management and also included Kleiner Perkins Caufield & Byers and Rincon Venture Partners. Tradesy is led by Tracy DiNunzio, and helps owners of luxury clothing resell that clothing to others.