Berkonomics
JUNE 9, 2016
This story has been making the rounds lately, and I confess that our research cannot find the source. So, with thanks to whomever created this great little parable, here it is: “Every day, a small Ant arrived at work early and started work immediately, she produced a lot and she was happy. The boss, a lion, was surprised to see that the ant was working without supervision.
SoCal Tech Calendar
JUNE 9, 2016
Santa Barbara-based Impact Radius , which develops digital marketing and affiliate marketing software, has raised $30M in a funding round, according to the company. The funding came from Silversmith Capital partners. Impact Radius--let by startup veteran Per Pettersen--said the new funding will go towards its platform, fund developmentof new products and services, and also to global expansion.
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L.A. Business Journal
JUNE 10, 2016
J2 Global Inc.’s publishing division Ziff Davis has reportedly submitted an opening bid of $90 million to $100 million for Gawker Media, which is putting itself up for sale after filing Chapter 11 bankruptcy on Friday.
InfoChachkie
JUNE 9, 2016
A version of this article previously appeared on Forbes. Startups, much like ancient tribes, are comprised of a small number of people who band together to battle a cruel, hostile world. Like the tribe, a nascent venture’s survival is precarious and never guaranteed. Success requires everyone applying their specialized skills in concert toward the group’s common good.
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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.
Xconomy
JUNE 10, 2016
Startup Week San Diego, like a lot of other places that host similar events, has been billed as a weeklong celebration of entrepreneurship. Seattle’s UP Global, now part of Techstars, oversees the operation of Startup Week and other programs for tech entrepreneurs across the U.S. and abroad. But while Startup Week San Diego has always collaborated with UP Global, San Diego entrepreneur and Startup Week organizer Austin Neudecker said, “We’ve always been an independent entity.”.
SoCal Tech Calendar
JUNE 8, 2016
Los Angeles-based Heal , which develops an on-demand app and service which connects users with doctors for house calls, has named former co-owner, CEO, and President of the LA Dodgers Jamie McCourt to its board of directors. The company--which is led Dr. Renee Dua--said McCourt was already a founding investor in the company, having invested in the company's seed funding via Jamie Enterprises.
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Startup Professionals Musings
JUNE 6, 2016
Startups don’t last forever -- they either mature into sustainable businesses, get merged into another business or acquired, or sadly join the 50 percent or more that fail in the first five years. Very few startup founders even want to stick around for the long haul, since their passion and expertise is in creating a new business, not managing people issues and repeatable processes.
Xconomy
JUNE 8, 2016
There’s an “easy button” in the hospital that I press a hundred times every day. With each press, I make myself a better doctor. It’s not a button on a computer. It’s not electronic at all. It’s a hand sanitizer. A decade or two ago, hospital handwashing compliance rates were in the single digits because washing with soap and water took too long. When Purell and other alcohol-based hand sanitizers became popular, hand cleaning went up and infection rates went down because it was so much easier f
SoCal Tech Calendar
JUNE 8, 2016
Students at the University of Southern California , as well as fellow students from area community colleges, said they are looking to launch a rocket into space--and help further STEM education--through its USC Rocket Propulsion Lab (RPL). According to RPL, which is run by USC Viterbi School of Engineering students, it is working with the nonprofit Base 11, to be the first undergraduate team to launch a rocket into space.
L.A. Business Journal
JUNE 5, 2016
Honest Co.’s Brian Lee discusses how star power can energize e-commerce ventures.
Startup Professionals Musings
JUNE 8, 2016
One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. They don’t realize that according to statistics , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative.
Xconomy
JUNE 10, 2016
If you blinked, you probably missed something this week in biotech. The nation’s biggest annual cancer meeting took place in Chicago, while biotech’s trade group held its annual confab in San Francisco. In Boston, there were more twists for a closely watched Duchenne muscular dystrophy drug and a setback for a high-profile drug for multiple sclerosis.
SoCal Tech Calendar
JUNE 7, 2016
Los Angeles-based online electronics retailer Newegg and project crowdfunding site Indiegogo said this morning that the two are in a collaboration, where they will help successfully funded, crowdfunding campaigns to sell and deliver their products. The two said that Newegg will provide access to the retail market for Indiegogo campaigners, and will provide distribution and fulfillment services to those projects.
L.A. Business Journal
JUNE 10, 2016
The Virtual Reality Co. raises $23 million, Legendary launches live-streaming, set-top box content company Frequency raises $11 million, and more.
Startup Professionals Musings
JUNE 4, 2016
The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. But nobody said it would be easy. The road to business success is filled with challenges and frustrations that most aspiring entrepreneurs never even imagined. In my role as advisor to many startups, I try to prepare them for the inevitable bumps in the road ahead, as well as to provide practical guidance on h
Xconomy
JUNE 6, 2016
After operating in the shadows for the past 11 years, a San Diego neural technology company founded by former NASA administrator Dan Goldin is stepping into the light to introduce two commercial products intended to advance the frontier of human-machine interaction. In a statement released yesterday, Goldin said the company founded in 2005 as Intellisis and now known as KnuEdge set out “to create technologies that will in essence alter how humans interact with machines, and enable next-generatio
SoCal Tech Calendar
JUNE 8, 2016
San Diego-based Qualcomm has announced a new, reference platform, which it says is designed to help automotive manufacturers build their own, connected cars. According to Qualcomm, its new Qualcomm Connected Car Reference Platform is aimed at accelerating the adoption of advanced connectivity into connected cars, and includes the integration of wireless technology such as 3G/4G LTS, GNSS, Wi-Fi, Bluetooth, and other protocols with other features, and more.
L.A. Business Journal
JUNE 7, 2016
Tronc to make thousands of videos with A.I., Spaces Inc. to launch virtual reality attractions in China, SAG-AFTRA calls for probe of stressful videogame vocal work, and more.
Startup Professionals Musings
JUNE 10, 2016
Even the best products and solutions won’t go anywhere unless you sell them through the right channels. For example, if you watch the TV show “Shark Tank,” you will remember several entrepreneurs with specialty products doing well online who want money to move into big box retail. They usually get chastised and declined for ignoring the realities of the retail channel.
LATechDigest
JUNE 6, 2016
Follow LA Tech Digest on Twitter ( link ) for news as it happens. **. THIS WEEK’S EVENTS: see full calendar. 06/07/2016. 6:00 pm – 9:00 pm. Hack for LA. LACI, Los Angeles. 06/07/2016. 6:30 pm – 8:30 pm. Data: Factual / Applico. General Assembly, Santa Monica. 06/08/2016. 6:00 pm – 10:00 pm. RECESS Playground. Real Office Centers, Santa Monica. 06/09/2016. 4:30 pm – 7:30 pm.
SoCal Tech Calendar
JUNE 10, 2016
Playa Vista-based Digital Domain Holdings , which is the parent company of visual effects company Digital Domain, said on Thursday that it has acquired videogame developer Digital Funk Machine , and created a new division called Digital Domain Interactive. Financial terms of the acquisition were not disclosed. Digital Domain said the new interactive unit will focus entirely on development and production of virtual reality content.
L.A. Business Journal
JUNE 9, 2016
Elon Musk goes to the Pentagon, Rubicon launches Olympic advertising, house-call app Heals adds Jaimie McCout to its board, and more.
Steve Reich
JUNE 5, 2016
This week, I met a prospective customer who was interested in our Apps, but had a real problem. “What happens to me when you get acquired?” he demanded angrily. It was a fair question. There are many cases where a young tech company gets acquired, the founders ride off into the sunset, and service goes to hell as the company is absorbed by a large acquiror.
Both Sides of the Table
JUNE 5, 2016
The funding environment for tech startups is an ever shifting ground as we go through predictable shifts that go hand-in-hand with the slowing of the overall market. The most important shift I would characterize as the market moving from “high conviction” and thus strong follow-ons to “limited conviction” and lots of gamesmanship / games of chicken … at your expense.
SoCal Tech Calendar
JUNE 8, 2016
This political season is helping Los Angeles-based TYT Network win over a huge number of visitors and viewers of its content, with last night's primary coverage continuing a growth trend for the political content provider. According to TYT, it saw the largest, live audience in the history of its The Young Turks show, as it covered the primaries for California, New Jersey, New Mexico, Montana, North Dakota and South Dakota last night.
L.A. Business Journal
JUNE 6, 2016
Spotify hires Troy Carter, Chernin Group to launch a video-subscription service, Midroll buys Sticher, and more.
Startup Professionals Musings
JUNE 5, 2016
Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. They argue that the color of the money is the same from either source. They fail to realize that the considerations are quite different for each, which can make or break their investment efforts, and ultimately their startup.
SoCal Tech Calendar
JUNE 8, 2016
Cancer MoonShot 2020 , the cancer treatment and collaboration group being led by Culver City-based NantHealth, said this morning that it has created a new group specifically focused on head and neck cancer. The new Head and Neck Working Group will specifically focus on cancer-directed immunotherapy treatments for head and neck cancer, and includes scientists, physicians, and oncology professors.
SoCal Tech Calendar
JUNE 8, 2016
Irvine-based cybersecurity software developer Cylance has raised $100M in a Series D funding, the company said this morning, in a round led by Blackstone Tactical Opportunities and Insight Venture Partners. The company, which develops artificial intelligence software which helps identify and stop malware and other threats, said the new funds will go towards sales, marketing, and engineering.
SoCal Tech Calendar
JUNE 6, 2016
Camarillo-based analog and mixed signal semiconductor developer Semtech Corporation said on Monday that it has agreed to divest its Snowbush intellectual property (IP) business--which develops designs for high speed serial networking interfaces--to Rambus. Semtech said Rambus will pay $32.5M in cash, along with a future royalty through 2022 based on sales.
SoCal Tech Calendar
JUNE 6, 2016
Aliso Viejo-based Digital Networks Group , a provider of AV and IT integration for the healthcare, education, and government sector, has been acquired by Raliegh, North Carolina-based Telerent Leasing Corporation. Financial terms of the acquisition were not disclosed. The companies said that Telerent is a provdier of hospital television, display, and signage systems integration services, with customers that represent more than 40 percent of U.S. hospitals.
SoCal Tech Calendar
JUNE 6, 2016
Online movie and television streaming provider Netflix , which has significant operations in Los Angeles, is launching its first, ever original series from the country of India. Netflix said today that it is filming a new, Netflix original series, based on the novel Sacred Games, by Indian author Vikram Chandra. Netflix said the series will be filmed in Hindi and English, and will be available to its members globally when filmed.
SoCal Tech Calendar
JUNE 6, 2016
American Airlines has selected Carlsbad-based satellite Internet provider ViaSat for a major deployment on its fleet of Boeing 737 MAX aircraft, in what is a major win for Viasat, the two said late Friday. Financial details of the win were not disclosed, however, the two said that American's new fleet of Boeing 737 MAX will go into service with ViaSat's in-flight internet systems, starting in September of 2017.
SoCal Tech Calendar
JUNE 10, 2016
Costa Mesa-based EnGenius Technologies , the developer of wireless networking products, said this week that it has rolled out a new, outdoor Mu-MIMO access point. EnGenius said its ENS620EXT Outdoor 11ac Wave 2 AC1300 Access Point supports the dual band 802.11ac Wave 2 standard, with multiple-user and multiple input, multiple output support for better user capacity, and is designed for outdoor installation.
SoCal Tech Calendar
JUNE 10, 2016
Irvine-based Zadara Storage , which develops enterprise storage-as-a-service hardware, software, and services, said this week that it has launched a new product called the Zadara Cube. According to the company, the new product is based on its existing VPSA Storage Array technology, and connects customers into Amazon Web Services. Zadara said all charges for Zadara Cube show up on a customer's AWS bills, alongside other AWS services.
SoCal Tech Calendar
JUNE 9, 2016
Santa Monica-based OpenHouse , the online home search site which helps connect home buyers with agents, has linked up with Wintrust Mortgage in a strategic relationship, the two said this week. According to the two, Wintrust will use OpenHouse's real estate recommendation service, Agent Ace, to help connect its clients to real estate agents. Financial details of the deal were not disclosed.
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