Berkonomics
OCTOBER 27, 2016
A friend recently told me a story that had nothing to do with business, but unintentionally had a great lesson for all of us. He had asked his arborist if he could move a mature tree from one part of his property to another – to make room for an addition to his home. “Yes,” replied the professional. “And how much would it cost?” To which the arborist responded, “We’d charge $18,000 for that.”.
socalTECH
OCTOBER 28, 2016
Venice-based Amplify LA (www.amplify.la) is celebrating its fifth anniversary as a startup accelerator here in the Los Angeles area � one of the few in the area to have survived in more or less original form after the launch of a number of startup incubators and accelerators five years ago. Paul Bricault , co-founder of the accelerator, sat down with us earlier this week to reflect on the lessons he's learned over those five years, and what he's learned about LA's startup environment.
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TechCrunch LA
OCTOBER 28, 2016
Blackline, a Los Angeles-based accounting software company, debuted in the U.S. markets Friday. After pricing at $17 per share, the stock closed at $23.70. In what has been a slow year for tech IPOs, Blackline decided to go public right now because it’s “part of a longer term plan to raise awareness for what we do,” said CEO Therese Tucker.
L.A. Business Journal
OCTOBER 28, 2016
Henrik Fisker has charged back into the electric-car market with a new energy storage technology.
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.
Tech.Co
OCTOBER 27, 2016
Los Angeles is the destiny of people wanting to succeed in the field of acting. People flock from around the world just to have a chance at a glimmer of fame. And while you might think only 20-something aspiring actors and models are headed to the California city, it’s also the perfect place for a tech startup focused on acting and modeling to set up shop.
socalTECH
OCTOBER 26, 2016
This morning, Techstars (www.techstars.org), the startup accelerator which has had great success in spreading its approach to helping to get startups to the next stage of their life�usually, funding�announced it has opened up its third accelerator in Los Angeles, Techstars LA. We spoke earlier with Cody Simms , Executive Director of Techstars America and who leads the program in LA, to hear more about why the startup accelerator operator is opening up its third accelerator here, why Los Angeles
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L.A. Business Journal
OCTOBER 26, 2016
Snapchat aiming to raise as much as $4 billion, Techstars launches third L.A. accelerator program, and Super League Gaming raises $5 million.
Tech.Co
OCTOBER 25, 2016
The tech world is filled with unique personalities, budding innovators, and a great deal of money. That’s why the tech world is the perfect place for celebrities to get their feet wet when it comes to investment opportunities. Whether it’s popular musicians, award winning actors, or championship wielding athletes, they all can diversify their portfolio by becoming a celebrity investors in tech startups.
socalTECH
OCTOBER 26, 2016
Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. The report cites "people familiar with the matter" for the information. Snapchat is in the midst of an IPO effort being led by Morgan Stanley and Goldman Sachs Group.
SoCal Tech Calendar
OCTOBER 22, 2016
Friday, October 28, 2016 -- Contextual Robotics Forum. World leaders developing robotics for the benefit of society will connect with San Diego's growing robotics community at the Forum on Oct. 28, 2016. Invited speakers will explore the theme of Shared Autonomy: New Directions in Human-Machine Interaction.
L.A. Business Journal
OCTOBER 27, 2016
John Visconti, former chief executive of Axium International Inc., was convicted on Tuesday of tax evasion, conspiracy to defraud the Internal Revenue Service, and filing a false tax return.
Xconomy
OCTOBER 25, 2016
Given the obvious anxiety and frustration that surrounds us all, the U.S. venture industry is also exhibiting some fatigue as we finish the 88th month since the last recession. This is the fourth-longest period of economic growth in U.S. history (admittedly, at 2.1 percent, the growth over this period of time is the slowest since World War II). According to the National Venture Capital Association and PitchBook , this past quarter $15 billion was invested in 1,810 deals , which compares unfavora
socalTECH
OCTOBER 28, 2016
Los Angeles-based food alternative developer Soylent --which develops a line of products intended to replace the need for normal food--has pulled its "Powder" product from the market, saying that it is halting sales of the product until it can determine the issues behind reported digestive issues with its product. Soylent says it has now removed its Bar and Powdr products for reformulation, and will expect to resume shipping those products in early Q1 of 2017.
SoCal Tech Calendar
OCTOBER 25, 2016
Friday, October 28, 2016 -- HOWL-O-WEEN Yappy Hour! General Assembly. About This Event Admit it - you've been planning your pup's Halloween costume for months. So have we. Bring your furry friends for a fun costume contest and yappy hour with the Silicon Beach tech community. Adult treats and puppy treats included! Costume Categories: - Owner/Pet best look alike - Best company mascot costume - Best celebrity impression - Funniest/most creative One winner will be chosen per category at the event
L.A. Business Journal
OCTOBER 25, 2016
Hyperloop One raising $250 million, mobile game-streaming startup Mobcrush raises $20 million, and Snap Inc. sued for trademark infringement.
Xconomy
OCTOBER 24, 2016
A San Diego civil engineer who has developed an alternative technology for automating the measurement of water flow gave the best presentation at EvoNexus Fall Demo Day, an event that drew nearly 400 entrepreneurs, investors, and supporters late Thursday to Qualcomm’s corporate headquarters. Water Pigeon co-founder Sarp Sekeroglu got the most votes in a survey conducted immediately after six startups incubating at EvoNexus gave short presentations.
socalTECH
OCTOBER 27, 2016
Dinesh Ravishanker was the founder of Callfire, and tells us some of the lessons he learned after he left the startup he founded, and how it impacted him, personally. Here are some top lessons he shared, drawn from his personal account of his exit from the company. An exit can happen at anytime. Whether you got voted off by your board or it's just time for a new career challenge, leaving a top position at a company you founded can deeply impact your sense of self.
SoCal Tech Calendar
OCTOBER 27, 2016
Wednesday, November 2, 2016 -- GABBCON Los Angeles Audience Based Buying Conference. If you are like most brands, agencies and adtech companies, you are probably spending a significant portion of your day trying to implement successful strategies for Audience Based Buying. If you are challenged to find scale, success and global solutions, know that you are not alone.
L.A. Business Journal
OCTOBER 27, 2016
Facebook copies another Snapchat feature, Gannet may back away from tronc acquisition after banks walk, and coupon code finder Honey Science Corp. raises $5 million.
Xconomy
OCTOBER 24, 2016
Friday’s massive DDoS attack made a number of hugely popular websites unavailable for much of the country for large parts of the day. Our service wasn’t directly affected by this incident, but the nature and scope of this attack is tremendously worrisome. In a Denial of Service (DoS) attack, the perpetrator overwhelms a target company by flooding their service with so much phony traffic that their service is unable to serve authentic requests.
socalTECH
OCTOBER 26, 2016
Soraa , the developer of Gallium Nitride (GaN) LED lighting technology based on research out of UC Santa Barbara, has won an install of its LED lamps at Sacramento's Crocker Art Museum. Soraa said the lighting at the "Glass for the New Millennium: Masterworks from the Kaplan-Ostergaard Collection" uses its full spectrum LED lighting technology. The financial impact of the win was not announced.
SoCal Tech Calendar
OCTOBER 25, 2016
Tuesday, October 25, 2016 -- LA Tech Summit 2016. Meet the hottest companies in Los Angeles and learn what makes LA Tech the most innovative technology ecosystem in the nation. See [link].
L.A. Business Journal
OCTOBER 24, 2016
Joymode raises $3 million for rental experiences, Tinder launches Silicon Valley office, Disney licenses Maker Studio content in the United Kingdom, and more.
Startup Professionals Musings
OCTOBER 28, 2016
Steve Jobs was a one-in-a-million entrepreneur who seemed to violate many conventional rules of starting a business and dealing with people, yet undeniably achieved great success. According to various reasonably credible reports, including his authorized self-titled biography “ Steve Jobs ,” by Walter Isaacson, he often ignored customer input, berated team members, and misused key business relationships.
socalTECH
OCTOBER 25, 2016
Los Angeles-based transportation technology developer Hyperloop One is looking to raise up to $250M in funding, according to a report published on Wednesday. The report, from Fortune, cites a leaked document which has been circulating among potential investors and real estate investors. READ MORE>>.
SoCal Tech Calendar
OCTOBER 28, 2016
Thursday, November 3, 2016 -- The IT Summit Los Angeles 2016. Technology conference for executives from the government, education, and corporate sectors. produced by and for senior leaders to promote economic development, education, and the proliferation of information technology.
L.A. Business Journal
OCTOBER 28, 2016
Six senior executives leave Faraday Future, Soylent recalls powder after people get sick, and GM’s Maven expands car-sharing network to Los Angeles.
Startup Professionals Musings
OCTOBER 24, 2016
Successful entrepreneurs are usually hard-driving, and highly focused on some specific goals, like being the dominant player in a given domain, or the low-priced provider of their product. Yet other entrepreneurs will talk for hours about all their ideas, and how they intend to change the world, but I don’t hear any specific goals or milestones. Many people are very hesitant to set specific goals, due to lack of self-confidence or whatever.
socalTECH
OCTOBER 26, 2016
In a move which may put off the addition of high speed fiber in Los Angeles from Google indefinitely, Google said it is "pausing" the addition of Los Angeles, and the rest of its current potential cities, to its Google Fiber service. According to Google Fiber's outgoing CEO , Google is looking towards "new technology and deployment methods" and "refine" its ability to bring super-fast Internet to cities.
SoCal Tech Calendar
OCTOBER 28, 2016
Thursday, November 3, 2016 -- LA CEOs: Trends in Artificial Intelligence (AI) - Science vs Science Fiction. What is happening in Artificial Intelligence (AI). There has been a great deal of hype as well as hand-wringing about AI that has appeared in the news lately. But there have also been definite technical advances underlying much of this attention.
Xconomy
OCTOBER 24, 2016
The FDA has approved the use of pembrolizumab (Keytruda) for some previously untreated patients with a certain type of lung cancer, the drug’s owner Merck (NYSE: MRK ) announced late Monday. Pembrolizumab can now be used for patients who have never received treatment for non-small cell lung cancer (NSCLC) that has spread to other parts of the body.
Startup Professionals Musings
OCTOBER 23, 2016
Isn’t it amazing that some people you know always seem to be working hard, but never seem to get anything done? As an entrepreneur, you need to avoid partnering with these people, or hiring them into your startup. The challenge is to find people who get things done, as well as work hard. LinkedIn profiles and resumes still focus too much on responsibilities rather than results.
socalTECH
OCTOBER 28, 2016
Woodland Hills-based BlackLine Software , the developer of accounting close software, soared in its IPO debut on Friday, and was trading up more than 45 percent in morning trading on the NASDAQ Global Select Market. BlackLine was trading around $24.79 at around 12:50PM EDT, up $7.79 from its IPO debut price of $17.00 per share. BlackLine had already priced at the high end of an upped IPO pricing range of between $16.00 to $17.00 per share.
SoCal Tech Calendar
OCTOBER 27, 2016
Wednesday, November 2, 2016 -- The Fundamentals of Transaction What is a Transaction? RFBC at the Camarillo Public Library. A transaction is nothing more than a series of exchanges, and people who know how to effectively construct and facilitate powerful transactions have a much greater advantage in the marketplace when attempting to satisfy their aims for money as well as other occupational goals and career objectives.
Xconomy
OCTOBER 27, 2016
Prices for agricultural commodities such as corn, soy, and wheat are at their lowest levels in years, but investment in agricultural technology has never been better. Venture capital firms have increased their agtech investments by 80 percent since 2012, bringing total VC investment in the sector to a total of $3 billion in 2015, according to a new report from Boston Consulting Group and AgFunder, an online investment marketplace for agriculture technology.
Startup Professionals Musings
OCTOBER 26, 2016
With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time employees. At the same time, more people in the workplace don’t want to be “employees.” According to an Intuit study , that number is quickly rising and will approach 40 percent by 2020.
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