Both Sides of the Table
AUGUST 20, 2015
VC funding. Our perspectives on the topic wax and wane with market cycles. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser.
socalTECH
AUGUST 21, 2015
Tired of driving around a dusty, dirt encrusted car, but too darn busy to find a car wash? Los Angeles-based Squeegy has recently launched into the market, with an on-demand, car wash service--currently serving the west side. Squeegy--which says it uses an eco-friendly method of washing cars, which saves around 40-100 gallons of water per car wash--lets users from Santa Monica to Westchester and East to Culver City order up an on-demand car wash, starting at $29.00--all requested via the company
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Berkonomics
AUGUST 20, 2015
Dave’s note: Guest author, David Steakley returns to explain his theory of exit valuations. It’s a short but excellent read… By David Steakley. You may recall that earlier in this series, I explained the definition of an inciting incident, using the movie industry and its story telling as the model. The inciting incident in a movie is the event at the beginning of the story that causes the hero’s life to be completely transformed and irrevocably changed, and makes the w
Startup Professionals Musings
AUGUST 16, 2015
As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. Would you do that if it was your money? If the entrepreneur wants total control of their own venture, with no one looking over their shoulder, they should work within the limits of their own resources, a process called bootstrapping.
Advertiser: Aggregage
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.
Both Sides of the Table
AUGUST 17, 2015
There is much discussion about this weekend’s article in the NY Times regarding Amazon’s work practices. People seem polarized between, “that’s what it takes to succeed” to “I can’t believe what a heartless, intolerant and misogynistic company culture they’ve built.” I’ve heard the gamut from reading opinions online and even hearing the debate in circles of my close friends and family.
socalTECH
AUGUST 21, 2015
In the dating world today, your ability (or inability) to text someone with the right words can be the difference between a hot date, and no date at all. However, what if you're no good with texting your potential date, and wooing them so they actually will go out with you? A new, Los Angeles startup, Textpertapp (www.textpertapp.co) has created a new app, where you can crowdsource your texts--and love advice--next time you are trying to woo that potential date.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Startup Professionals Musings
AUGUST 17, 2015
Most entrepreneurs assume that a lack of an online reputation is a good thing. In reality, it’s negative, because people who can’t find you or any mention of your startup anywhere on the Internet assume you are not savvy or have something to hide. At the very least, with no positives for balance, it’s very risky, since the first negative mention of you or your company will kill your reputation.
Tech Zulu Event
AUGUST 18, 2015
What do Oracle, eHarmony, and Rubicon Project all have in common? Mark Douglas, CEO of SteelHouse ! That’s what! One of the greatest tech minds of our time, Mark Douglas will be speaking at REACH NeXT September 24th. Started at Oracle as one of its first employees. Founded a series of successful startups resulting in IPOs and acquisitions. Was the VP of Technology at eHarmony where he built personality-matching technology.
socalTECH
AUGUST 17, 2015
A non-profit, environmental group, As You Sow , says that Los Angeles-based food replacement startup Soylent contains high levels of lead and cadmium--and said it plans to file legal action against the company. As You Sow said it has tested samples of Soylent, saying that an independent laboratory found that one serving of Soylent 1.5 can expose a consumer to a concentration of lead that is 12 to 25 times above California's Safe Harbor level for reproductive health, and a concentration of cadmiu
Tech.Co
AUGUST 17, 2015
Unlike all the tradeshows and press-only events that don’t let consumers attend, Engadget Live is designed specifically to bring gadget lovers and tech brands together. As always, we’ll have a bunch of great companies with us at the event ready to show you their newest products and hear what you think. There’ll be tons of great swag and chances to win some awesome gear.
Startup Professionals Musings
AUGUST 15, 2015
Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Successful entrepreneurs today must practice human-centered leadership to compete and win.
Tech Zulu Event
AUGUST 20, 2015
No matter if you have a team of 5 or 500 EAT Club can accommodate the startups and enterprise level companies alike. The company redefining workplace lunch with personalized meals and snacks that are always on time, launches today in L.A. Since its inception in 2010, EAT Club has scaled its service in the Bay Area, delivering more than three million meals to allow thousands of companies like Netflix , Tesla and Cisco to find their workplace zen.
socalTECH
AUGUST 20, 2015
San Diego-based Kyriba , the venture-backed company which develops cloud-based software for treasury management, reported Wednesday that it now has more than 1,000 clients worldwide, with more than 45,000 users. Kyriba said that it added nearly 100 new clients in the first half of the year. The startup, led by Jean-Luc Robert, is venture backed by such investors as HSBC, BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures.
Tech.Co
AUGUST 17, 2015
Don’t miss out on great drinks, great company and a chance to meet some of the Silicon Beach’s most influential professionals. Connecting the Silicon Beach Community – Silicon Beach is a major hub for young, inspired professionals looking to better themselves and more importantly it is our home and the community we do business in. This is an opportunity to define Silicon Beach by the young business leaders it is comprised of.
Startup Professionals Musings
AUGUST 21, 2015
When starting a new business, an entrepreneur has to take a “hands-on” role. Because there are so many unknowns, and things are happening so fast, this is no time to delegate or hire outside consultants to handle core functions. That fact eludes most executives from mature companies who have long depended on their staffs for real work, while their focus stays on strategy.
Tech Zulu Event
AUGUST 19, 2015
To say that big data is changing the world may sound like an overstatement, but in reality it’s true in nearly every respect. Big data has quickly come onto the scene and is steadily transforming businesses, institutions, organizations, governments, and a host of other entities in ways that were only part of the most imaginative mind just a decade ago.
socalTECH
AUGUST 17, 2015
YourMechanic , a venture-backed, Silicon Valley on-demand service for finding a mobile mechanic, said today that it has launched into Los Angeles. According to the startup--backed by Andreessen Horowitz, SoftBank Capital, Lerer Hippeau Ventures, SoftTech VC, SV Angel, Y Combinator--said it provides both website and mobile appointments, instant car repair quotes, mechanic profiles, and more.
Tech.Co
AUGUST 17, 2015
Lesbians Who Tech is a community of queer women in tech (and allies) that started in San Francisco in December 2012. Since then, we’ve built a community of over 9,000 queer women in 22 cities, including 4 international cities. We have our August event here in Los Angeles! Let’s get ready for something cool! We will have our own private area! Drinks, Dinner and some awesome mingling with like minded female techies!
Startup Professionals Musings
AUGUST 19, 2015
In a corporate environment, the focus of a job interview has long been demonstrating your match to the skills and experience outlined in the job description. In my experience with startups, that is still necessary, but not sufficient. Today’s business world has become totally customer driven, so customer-centric and people abilities really make the difference between winners and losers.
Tech Zulu Event
AUGUST 18, 2015
No one likes to talk about it, but the odds of an individual startup making it are pretty daunting. If you want to shift those odds in your favor, one of the most important things to do is to understand where the potential traps are. Startup Killers. 1. Choosing the wrong co-founder (s). This might be tough to stomach, but founders themselves pose the greatest threats to the viability of their startups.
socalTECH
AUGUST 18, 2015
Santa Monica-based GumGum , which operates an online digital advertising platform aimed at visual content, said Tuesday that it has named John Weisgerber as its new Senior Vice President of Sales. Weisgerber was most recently at Hearst Corp., serving as Executive Director of Digital Advertising in the area of Fashion and Luxury. He also has served at Forbes Media and Ziff-Davis Publishing.
Tech.Co
AUGUST 17, 2015
Come meet some of LA’s most cutting‐edge industry leaders in this year’s 2nd annual and only FREEMIUM Tech Summit. This 2015 event features 2 full days of compelling presentations, panels, workshops & mixers, with some of the industry’s most innovative and successful leaders. From hands‐on interactive workshops to amazing networking mixers, this will be THE summit to attend this year.
Steve Reich
AUGUST 15, 2015
How many Angels do you want in your cap table? Mark Suster wrote a great piece in July giving his answer: “If all else fails, angel-load away! If you can’t raise from a few strong angels, from seed funds or from a VC then raising from a ton (let’s say 20+) angels is a perfectly acceptable strategy. There. I said it. It’s not terrible, it’s just not ideal if you can avoid it. ” Well said, Mark.
Tech Zulu Event
AUGUST 17, 2015
Everyone wants to be seen as an individual, capable of free will, high intelligence and independent thought. Nowhere is this more true than when in the workplace. As memorable as one may think he or she is due to their strong work ethic, they may actually be lost among the others in a sea of co-workers. To combat this syndrome, it is necessary to make oneself stand out at work.
socalTECH
AUGUST 16, 2015
Los Angeles-based Zealot Networks , the digital media company led by Danny Zappin, said last week that it has acquired Culver City-based AllScreen , a video syndication company. Financial terms of the buy were not disclosed. Zealot said the buy will help it with both distribution and technology. The two said AllScreen sees an average of 250 million monthly video views.
Tech.Co
AUGUST 17, 2015
Whether you’re starting a business, managing somebody else’s, or growing something you already have, everybody’s looking for tech talent and trying to beat out the next startup for the best CTO/developer. We’ve assembled a panel of tech experts from diverse backgrounds to share their collective wisdom on where to find tech talent and what it takes to get it interested in your project.
Both Sides of the Table
AUGUST 18, 2015
This summer I had the extreme pleasure of watching one of the funniest, funnest and most insightful documentaries in a long time: Supermensch. If I had one wish for all startup employees it would be that you watch this film. It’s not for everybody: it condones sex, drugs and rock & roll. But please read on before deciding. Supermensch (I won’t give anything away here other than high-level, obvious storyline of film) is about the life of Shep Gordon, one of the most revered talent
socalTECH
AUGUST 20, 2015
Venice-based instant messaging startup Snapchat , arguably Southern California's highest visibility "unicorn" startups, had a mere $3M in revenues between January and November of 2014, according to leaked documents published on Gawker. According to documents posted by the online publication, Snapchat lost $128M in the period, on only $3M in revenues.
socalTECH
AUGUST 19, 2015
San Dimas-based TP-LINK , the Southern California networking products maker, is behind the launch of the new, Google OnHub Wi-Fi router this morning--Google's answer to difficult to use, Wi-Fi equipment. Google and TP-LINK said this morning that its new OnHub device is managed by a mobile app developed by the two companies, and is designed to sit out in the open to provide fast Wi-Fi connections, and features a circular antenna design and software to optimize Wi-Fi connections.
socalTECH
AUGUST 19, 2015
Irvine-based The Retail Equation , a venture-backed startup developing tools used for retail analytics and predictive modeling, has been acquired by Appriss , a provider of data, risk, and analytics software Financial terms of the buy were not disclosed. The Retail Equation was owned by Norwest Venture Partners. According to Appriss, Norwest will continue to support the company by investing the proceeds of the sale into the new, combined entity.
socalTECH
AUGUST 20, 2015
Los Angeles-based venture investor Rustic Canyon Partners has re-upped on an investment in cancer portal developer Navigating Cancer , in a new, $10M investment. Navigating Cancer--which is based in Seattle--develops web-based portal software used by cancer treatment centers and programs. The round was led by Merck Global Health Innovation Fund, and also included ORIX Healthcare Capital in addition to the investment by Rustic Canyon Partners.
socalTECH
AUGUST 19, 2015
Pasadena-based Guidance Software , which makes computer forensics and digital investigation software, said today that it has funded a data security research program at the Caltech Institute of Technology (Caltech). Guidance Software did not say how much it is investing in the program, aimed at advancing cybersecurity incident response. The joint program will come out of Caltech's Center for Data-driven Discovery, led by Julian Bunn and Professor Emeritus Mani Chandy.
socalTECH
AUGUST 19, 2015
Los Angeles-based Ring , the smart doorbell startup led by Jamie Siminoff, said today that it has raised $28M in a new funding round. The new funding came from Richard Branson, Shea Ventures, American Family Insurance, True Ventures, and Upfront Ventures, along with other, un-named angels. Ring--formerly known as Doorbot--develops a replacement doorbell which includes a built in video camera, connects to a users' smart phone, and also includes other connected features.
socalTECH
AUGUST 18, 2015
Irvine-based hard drive maker WD is extending the capacity of its performance desktop hard drives to 6TB, the company announced today. WD said its 3.5 inch, 7200 RPM WD Black hard drives now support up to 6TB, and are aimed at high performance customers like gamers and professionals. The SATA hard drives were most recently only available at up to 4TB in capacity.
socalTECH
AUGUST 17, 2015
Irvine-based healthcare information systems developer Quality Systems, Inc. said this morning that its Executive Vice President and Chief Technology Officer, Steve Puckett, has resigned from the company, by "mutual agreement" with the company. According to Quality Systems, the move comes due to an effort by new President and CEO Rusty Frantz to take a "detailed, fresh look at our technology initiatives".
socalTECH
AUGUST 21, 2015
San Clemente-based DealerSocket , which develops software for auto dealers, said Thursday that it has acquired the Inventory+ business of Dealertrack. the two said that DealerSocket will pay approximately $55M in cash for the business line. Inventory+ is used by car dealers to manage their automotive inventory. The deal also includes Dealertrack's eCarlist websites, as well as the team behind the business line.
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