Sat.Apr 30, 2016 - Fri.May 06, 2016

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Stuck in the Middle With You

Both Sides of the Table

It’s safe to say that all eyes globally are on the United States right now with an election that feels more like a script of House of Cards… Continue reading on Both Sides of the Table ยป

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SubPac Finds $6M For Sound Device Startup

socalTECH

Los Angeles-based SubPac , a new startup which is developing a wearable vest and seatback device which lets users feel their music, has raised $6M in a Series A financing. The funding came from Richie Hawtin, Dada Life, Azure Capital, M7 Tech Partners, and Andy Rubin of Playground Global. M7 Tech Partners is the ivnestment fund of the NBA's Carmelo Anthony, and Rubin is the co-creator of Google Android.

Startup 136
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Work on your three levels of leadership

Berkonomics

Another leadership development bit? Yup. But if you have no time or are impatient, here are the three levels: visionary, strategic and tactical. Skip or stay, but think about your balance in leadership either way. As a leader, you have to worry over issues from mundane to strategic, constantly reordering your priorities to accommodate competing needs.

Metrics 131
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Entrepreneur Hack: This Remote Team Of 12 Generated $100M

InfoChachkie

A version of this article previously appeared Forbes. When I published This Remote Working Experiment Failed And Succeeded on the Wall Street Journal last year, I had no idea it would generate so much social media attention. Given TimeHopโ€™s failed experiment, I was especially intrigued when I learned that a team of a dozen remote entrepreneurs hack the typical corporate structure and creates a company that generated nearly $100 million in revenue.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companiesโ€™ 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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The TACO Challenge

Both Sides of the Table

Yesterday was Cinco de Mayo. In the US this is often confused as Mexican Independence Day, which is actually September 16th and is called Grito de Dolores. That made some people think of taco bowls and love Hispanics. Whatever. Our portfolio company mitรบ , the fastest growing digital video company focused on the Latino market in the US (in English) and globally (in Spanish) has taken a different approach to the taco.

Mobile 155
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Wrapal: Creating A Marketplace For Film Locations

socalTECH

For our startup interview today, we have an interview with Wrapal (www.wrapal.com), a new startup developing an online marketplace to help film-makers find filming locations, and helping property owners--both residential and commercial--make their properties available for films, commercials, television, and more. We spoke with co-founder Brian L. Tan ("BLT") about the business.

More Trending

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Four Advertising Platforms You Really Should Try

Tech Zulu Event

Adverts eh, where to find them? As we know, while building a website is fun, finding the revenue streams to keep much needed cash rolling in is less so. Knowing who and what to use can be difficult, especially with the range of options that are available. Native Ads. Native Ads offers a great way to get native advertising – i.e. adverts that fit seamlessly with your website content.

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My Professional Advice for 20 Years Olds

Jason Nazar

This piece originally appeared in Forbes: [link]. It was one of the most popular pieces I’ve ever written with over 5M views. It was featured on the Today Show & tweeted out by Oprah and Jack Welsh. It clearly struck a cord with many people and I’ve received a great deal of feedback on what people love and hate about it. . I started Docstoc in my 20โ€™s, made the cover of one of those clichรฉ โ€œ20 Under 20โ€ lists, and today I employ an amazing group of 20-somethings.

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Chatmeter Debuts New SEO Service

socalTECH

San Diego-based Chatmeter , a provider of local search marketing, reputation management, and SEO services, says it has launched a new service this morning, to help companies manage customer reviews. The company said the new service, Review Builder, will reach out to customers on the behalf of businesses, helping them to manage their reputation and help improve their online presence and reputation.

SEO 130
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7 Shortcuts That Can Kill A Startup Business

Startup Professionals Musings

Starting a new business is not an informal process, and should never be treated like a hobby between friends. Unfortunately, as a startup advisor and angel investor, Iโ€™ve seen too many ventures with great potential get destroyed or set back by legal and other shortcuts that should never have been allowed to happen. The path to true success does not allow for shortcuts.

Startup 62
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Meet YoShirt, Producers of Custom Apparel

Tech Zulu Event

Iโ€™m currently wearing a plain white t-shirt, which feels like the epitome of irony due in no small part to YoShirtโ€™s colorful mission. The apparel app allows users to turn photos into designs for clothing as they see fit. Customization is a BIG TREND for millennials. Big enough for unnecessary caps at any rate. All their lives, millennials have been customizing the things closest to them.

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How to Persuade People: My 21 Rules

Jason Nazar

How is it that certain people are so incredibly persuasive? Can we all harness those skills? After studying the most influential political, social, business and religious leaders, and trying countless techniques out myself, these are the 21 critical lessons Iโ€™ve identified to persuading people. This is an overview from a talk Iโ€™ve been giving to thousands of entrepreneurs for a few years now on โ€œHow to Persuade People.

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Qualcomm Adds Machine Learning SDK To Snapdragon

socalTECH

San Diego-based Qualcomm says that it is adding machine leaning features -- part of the core of developing artificial intelligence software -- to its Snapdraon processors, through a new SDK. According to Qualcomm, it has rolled out a deep learning software development kit (SDK), which will run on its Snapdragon 820 processors, which will allow its users to developing deep learning devices.

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8 Secrets To Pushing Your Startup Ahead Of The Crowd

Startup Professionals Musings

In my view, starting a new business has never been easier, and according to reports from the Kaufmann Foundation , the numbers are finally here to show it. The number of startups rose in 2015 for the first time in five years, with the largest year-over-year increase in two decades. Over 500,000 new businesses were created last year, or about one per minute of every day.

Startup 61
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Build A Business, Not A Financial Machine

Tech Zulu Event

Today, thereโ€™s a complete disrespect for what it takes to build a business. Too many people think they can become an entrepreneur overnight and establish a real business in a 1-2 year window, but itโ€™s just not realistic. And I get it, because thatโ€™s whatโ€™s portrayed in the media we see every day. With Shark Tank , The Social Network , and all of these โ€œunicornsโ€ with quick exits and huge payouts, I can understand why the sentiment is skewed.

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The Master Checklist of EVERYTHING You Need to Start a Business

Jason Nazar

I’ve spent almost 20 years starting businesses and helping hundreds of clients, colleges & friends start theirs. I created this resource to have the single most comprehensive guide anywhere on all the different items involved in starting a business. I wish I had this years ago… Mandatory tasks are required under the law in order to operate a valid and compliant business.

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United Online Acquired By B. Riley For $170M

socalTECH

Woodland Hills-based United Online said Wednesday afternoon that it has agreed to be acquired by B. Riley Financial , in a deal worth $170M in cash, or $11.00 per share. According to a statement from interim CEO Jeff Goldston, the deal came after an "extensive process" to explore a "full range of strategic alternatives". The company said it will allow its only remaining operating business--its communications segment--to continue under B.

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How Entrepreneurs Can Capitalize On Their Alma Mater

Startup Professionals Musings

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. The lesson of finding help, connections, and even funding where other people may never look is one that makes all the difference in the entrepreneur lifestyle.

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Why on Earth Would Anybody Post Business Videos on Snapchat?

Both Sides of the Table

By now if you follow me on Twitter you probably know that I do near daily โ€œSnapstormsโ€ or a collection of short videos (usually < 5 mins in total) with entrepreneur advice on Snapchat. Hereโ€™s a recent one I did on Fund Raising in tough markets. You can follow me on Snapchat at msuster. Suster Doing a Snapstorm Honestly, it kind of drives people nuts that I do these on Snapchat and it makes me laugh a bit simply because it drives people bonkers. https://medium.com/media/fcbf3382017c6dc3792ff6

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How to Measure & Track Marketing

Jason Nazar

I’ve been a part of dozens (maybe hundreds) of product launches And in each of these cases I ask my team to put together a simple dashboard of a small set of metrics for our paid and free products that let me know the success of our efforts. For startup entrepreneurs, you can also track these metrics with Google analytics. Paid Product Metrics.

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Greycroft, Paige Craig Get Exit As Adobe Buys LiveFyre

socalTECH

Two, Los Angeles area investors--venture investment firm Greycroft Pratners , and angel investor Paige Craig --are among the investors seeing an exit today, as Adobe said acquired blog commenting tools maker LiveFyre. Financial terms of the acquisition were not announced. Paige Craig--as well as a number of other angels--originally seeded LiveFyre back in 2010.

Blogging 122
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How Winning Startups Tackle Tough Growth Constraints

Startup Professionals Musings

There is nothing wrong with growing your business by selling more of your solution to more people in more cities, states, and countries. Thatโ€™s called organic growth , and everybody does it. But in my experience as a startup advisor, too many entrepreneurs get stuck there, and always find excuses for not really exploring mergers, acquisitions, partnerships, and alliance alternatives.

Startup 56
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Atari's Nolan Bushnell Takes On Mobile Games

socalTECH

Nolan Bushnell , the Los Angeles-based serial entrepreneur who founded Atari, Chuck E. Cheese, uWink, and a number of other companies, has set his sights on the mobile gaming business, and has launched a new mobile game company. The new company--formed in partnership with Dutch game publishing firm Spil--which launch at least three new mobile gaming titles.

Mobile 122
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The Alfred Mann Foundation Names Chief Medical OFficer

socalTECH

The Alfred Mann Foundation for Scientific Research (AMF), which is focused on innovation in medical technology, said Thursday that it has named Eric Grigsby, MD, MBA, as Chief Medical Officer of the nonprofit. Grigsby was formerly President and CEO of Neurvations, and was founder and Medical Director of the Napa Pain Institute. READ MORE>>.

Research 116
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360fly Raises $40M For 360 Degree Camera

socalTECH

Aliso Viejo-based 360fly , which develops a single lens, 360-degree video camera, has raised $40M in a Series C funding, the company said Thursday. The funding was led by L Catterton, Hydra Ventures, and Qualcomm Ventures in the funding. Hydra Ventures is the venture capital arm of adidas Group. According to 360fly, the new funding will go towards expanding its worldwide sales footprint, and a new 4K camera. 360fly is led by Peter Adderton. 360fly's camera is used to shoot 360-degree, immersive

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Club W Raises $17.5M, Renames Itself to Winc

socalTECH

Los Angeles-based subscription wine service Club W said this morning that it has raised $17.5M in a Series B funding, and renamed itself to Winc. Winc said that the funding was co-led by Chinese investor Shining Capital, and also included Bessemer Venture Partners. ClubW offers up a personalized, wine delivery club, which delivers wines to users based on their tastes and preferences.

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Three LA Organizations Score Funding From Google For CS Education

socalTECH

Three, local Los Angeles organizations -- DIY Girls , LA Maker Space , and Teens Exploring Technology (TXT), have scored nonprofit funding from Google, as part of the 2016 Google RISE Awards , according to the groups. All three groups help increase access to computer science (CS) for Los Angeles kis and youth. The three are among only 28 organizations, spread across 16 countries, to receive the prestigious award.

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Napkin Finance Powers Financial Literacy Program For White House

socalTECH

Los Angeles-based Napkin Finance , which provides quick, informative snippets of information on financial literacy topics, has partnered with the White House to help promote financial literacy among students and young adults. The company--which develops concise, informative infographics on different financial topics--is helping to bolster the President Obama and the First Lady'ss Reach Higher, Better Make Room and National College Signing Day initiatives, which it aimed at helping teens and adul

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Amgen Backs New $315M Life Sciences Fund

socalTECH

Thousand Oaks-based Amgen has helped to back a new, life sciences fund, managed by San Francisco-based venBio , as an anchor supporter of a new fund. venBio said Friday that it has closed a $315M life sciences fund, venBio Global Strategic Fund II , which was anchored by Amgen, Merck, and Baxalta, and also included other Limited Partners. venBio did not say how much Amgen committed to the fund, which is venBio's second life sciences fund. venBio is focused on funding medicines and technologies w

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mitu Launches Voter Drive Targeting Latino Millennials

socalTECH

Los Angeles-based, digital media brand mitu said this week that it is launching a new, voter registration initiative, which will look go register one million, Latino millennials to vote by October. According to mitu, its new T.A.C.O. Challenge (Take Action. Commit Others) comes as Latino millennials now represent 44 percent of eligible Hispanic voters, yet where only 38 percent of those Latino millennials voted in 2012. mitu says that it has signed up many celebrities and social influencers, inc

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j2 Global Has $200M Quarter

socalTECH

Los Angeles-based j2 Global , which owns a wide range of cloud-based businesses, ranging from Internet fax, to email, to online backup and unified communications services--in addition to owning online publishing businesses such as Ziff Davis, IGN, and AskMen--has just passed up the $200M mark in quarterly revenues. j2 Global said it had $201M in first quarter revenues, which was up 24.3 percent versus Q1 of 2015.

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Appetize Links With FreedomPay For Secure POS Payments

socalTECH

Los Angeles-based point-of-sale tablet provider Appetize said today that it has linked up with payment gateway provider FreedomPay, to offer up PCI-validated, encrypted payment protection for its customers. Appetize develops cloud-based, point-of-sale (POS) systems which is used in the sports and entertainment, parking, leisure and education markets.

Sales 109
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UberMedia's New Product Ties Your Ad Views To Your Local Shopping

socalTECH

Pasadena-based mobile ad measurement platform developer UberMedia , one of the companies out of Idealab, has released a new, mobile attribution product that tracks cross-media advertisement and correlates that to foot traffic in stores. According to UberMedia, the new product, Cross-Media Location Visit Measurement (xLVR), helps marketers figure out which ads--desktop display ads, video, mobile, social, search, and so on--actually are triggering consumer shopping in retail stores.

Product 109
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Drizly Expands To San Diego

socalTECH

On-demand, alcohol delivery startup Drizly said this morning that it has expanded its service to San Diego, offering up delivery of beer, wine, and spirits to users across the Gaslamp, Hillcrest, La Jolla, Little Italy, Mission Beach, North Park, Ocean Beach, Old Town, Pacific Beach and Torrey Pines neighborhoods. The company--which has been in Orange County since last year--says the expansion comes in partnership with local companies Quality Market and Chip's Liquor.

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Lightcrest Rolls Out Hybrid Cloud Service

socalTECH

Los Angeles-based Lightcrest , a provider of cloud computing software, said it has rolled out a new, hybrid cloud computing platform it calls Kahu. According to the company, its Kahu Compute Fabric provides both a hardware and software stack, which it says is more efficient than both public cloud and virtualization products, and lets users manage their compute, storage, and networking, including through a REST API.

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AirMap Launches iOS App For Drone Operators

socalTECH

Santa Monica-based AirMap , which provides airspace information and services for unmanned aircraft operators, has released a new, iOS app, which lets operators access a wealth of information about airports, airspace advisories, and more. According to AirMap, the new software, which runs on both iOS and Apple Watch, both recreational and commercial drone operators can see low-altitude airspace advisories, create flights, file digital flight notices to over 80 airports, manage unmanned aircraft, a