Sat.Oct 15, 2016 - Fri.Oct 21, 2016

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How I Promise You One of the Most Meaningful Days of Your Life

Both Sides of the Table

I know the title “I promise you one of the most meaningful days of your life” sounds grandiose but I mean it and I hope you’ll read through to the end and choose to take one small, totally free action, that will change your life and likely those of others. On September 10th of this year I spent an entire day in California State Prison with people who had committed felonies and worked with them on business plans to help them create legal enterprise upon their release as part of Defy Ventures 6-mo

Writing 338
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HelloTech Names New President

socalTECH

Los Angeles-based HelloTech , the on-demand, tech support company co-founded by Richard Wolpert, announced this morning that it has named Ted Hong as President of the company. Hong was previously co-founder of Dropoff, an Austin, Texas startup providing same day delivery for businesses. Prior to that, he was Chief Marketing Officer at Fandango. According to HelloTech, Hong will ofersee finance, marketing, operations, product development, and technology operations for the company.

Fandango 214
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Channel partners can be golden for growth

Berkonomics

Dave’s note: Here comes my favorite “tell-it-like-it-is” CEO, Kim Shepherd, with another of her pieces from her experience managing a completely virtual company with over one hundred employees located through the United States and beyond. . By Kim Shepherd. In 2006, I gave a keynote speech at the Newspaper Association of America’s national conference in Chicago.

Writing 191
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Facebook Sending Message to Snapchat

L.A. Business Journal

Facebook has launched an unfriendly feud by aping the features of social media upstart Snapchat.

Snapchat 263
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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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Codesmith Raised $1.1 Million Funding Round Lead by Test Prep CEO

Tech.Co

Coding bootcamps have proven to the cure for a workforce that isn’t qualified to handle the complicated technologies that rule the business world today. They are relatively short, they are taught by experts, and they provide an avenue to employment after graduation. And one well-known coding bootcamp has made an effort to focus on engineering thanks to a huge investment from a Malibu CEO.

Funding 136
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How Tengia Wants To Help You Tap Into The Rich Experience Of Older Professionals

socalTECH

Often, older professionals in the workforce�especially those who are past retirement age�face job discrimination, despite bringing a rich set of experience and talent honed over many years. Those individuals, however, are actually a gold mine of talent, says Deone Sulgatti , the CEO and founder of Tengia (www.tengia.com). Tengia is a new website focused on helping companies take advantage of that deep talent and lifetime of accumulated experience, by matching them with older individuals with the

Help 210

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SAG-AFTRA Threatens Video Game Publishers with Strike

L.A. Business Journal

Video game actors represented by SAG-AFTRA are threatening to go on strike Friday if demands for a larger cut of royalties and limits on “vocally stressful sessions” are not enacted.

Demand 159
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Arterys, GE Healthcare to Roll Out Next-Gen MRI Scans of Heart

Xconomy

The healthcare tools of the future often start as research projects in academic medical centers, but they may not break out into widespread clinical practice until some sort of logjam gives way to make them workable and affordable. GE Healthcare, a unit of Boston-based industrial giant General Electric , recognized some limits on MRI scanners like its own, and started collaborating with Stanford University physicians more than five years ago on next-generation MRI technology to better diagnose p

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How Arivale Is Harnessing Genomics To Optimize Human Health and Wellness

socalTECH

There's been a revolution in the amount of information that can be gathered about our genetics�driven by automated gene sequencing equipment and advancement. However, all of that data, although useful, has not yet been used in a way that directly impacts personal health and wellness most effectively. Arivale (www.arivale.com), a startup founded by Dr.

Coach 192
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LA Tech Summit

SoCal Tech Calendar

Tuesday, October 25, 2016 -- LA Tech Summit. LA Tech Summit is aimed at bringing together LA technology companies, investors, incubators and startups. Attended by 900+ members of the LA tech community since 2013, the summit is SoCal’s premier tech event. The LA Tech Summit allows attendees to meet the hottest companies in Los Angeles and learn what makes "LA Tech" the most innovative technology ecosystem in the nation.

SoCal 127
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Healthcare App Heal Raises $26.9 Million

L.A. Business Journal

Doctor house call app Heal of Santa Monica raised a $26.9 million Series A round led by Legendary Pictures chief executive Thomas Tull’s company Tull Investment Group.

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The Power of the Cloud for Life Science R&D

Xconomy

“In the new world, it is not the big fish which eats the small fish, it’s the fast fish which eats the slow fish…” — Klaus Schwab, Founder/Executive Chairman, World Economic Forum. Over the past decade, the nature of innovation has changed—even as the pace has substantially increased. One of the reasons has been the ability to collect and analyze vast amounts of digital data, transforming industries from transportation and finance to defense and manufacturing

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KLiP Launches Weatherproof Case For Raspberry Pi, Arduino

socalTECH

Santa Barbara-based startup KLiP Industries said this morning that it has launched its first product, a weatherproof case for the popular Raspberry Pi, Arduino, and BeagleBone embedded computers. According to KLiP, it has developed a weatherproof, IP67 rated enclosure system which can handle the RPi or other single board computers, as well as two additional expansion boards and shields, and is intended to support deployment of IoT solutions into the real world.

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Ultimate Investor Festival

SoCal Tech Calendar

Tuesday, October 25, 2016 -- Ultimate Investor Festival – 3 days of startup pitching to over 70 Institutional Investors. The Biggest Startup Pitch event in the USA – 5 days of focus to get your startup funded at the Investor Festival.

Startup 124
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Photographers Focused on Copyright Rights Online

L.A. Business Journal

Photographers have expanded their focus to protecting copyrights in the internet age.

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All In One Place: A New Immuno-Oncology Trial Resource

Xconomy

More than 100 years ago, New York bone surgeon William Coley began to suspect that bacterial infections might be improving the outlook for patients also suffering from cancer. The infections were turbo-charging the immune system. Coley (pictured) would be gratified to see that in 2016 a growing array of immune-boosting cancer treatments are helping some patients in dire straits, including former U.S.

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Wpromote Brings Digital Marketing To Nonprofits, Charities

socalTECH

Los Angeles-based Wpromote , the provider of online marketing services led by Michael Mothner, said it is offering up a set of free workshops, courses, and discussions to nonprofits and charities. According to Wpromote, it will offer up a select group of nonprofits and charities with a day long event next week, Wprobono: Digital Day in LA, to help them learn about paid and earned social media, content marketing, email marketing, SEO, paid search, and more.

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Accelerate Your Startup With Help From An Incubator

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. According to the National Business Incubator Association ( NBIA ), there are over 7,000 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley.

Incubator 106
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SAG-AFTRA Rejects Final Offer from Video Game Industry

L.A. Business Journal

Video game actors represented by SAG-AFTRA rejected a final contract offer on Thursday from the trade association representing the video game industry, setting up the union’s members to strike at midnight Friday.

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BlackThorn Emerges With $40M, New Weapons Against Neuro Disorders

Xconomy

For three years, a group of investors and experienced neuroscience executives have been stealthily advancing one of the more ambitious new startups in neurology, called BlackThorn Therapeutics. Today they’re finally shedding a little light on what they’ve been up to. As Xconomy reported last year, South San Francisco, CA-based BlackThorn was spun out of Scripps Research Institute , which on its website lists the company as one of its 2013 spinouts.

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Comcast Ventures Sets Up Shop In Santa Monica

socalTECH

Comcast Ventures , the venture capital arm of Comcast Corporation , announced this morning that it has opened up an office in Santa Monica, and hired on Dinesh Moorjani as Managing Director in the new office. Moorjani was previously Executive-in-Residence at Warburg Pincus, and also was founder and CEO of Hatch Labs. According to Comcast, Moorjani helped co-found Tinder out of Hatch Labs, and also has served at IAC/InteractiveCorp and Samsung Electronics.

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How An Entrepreneur Can Win In This Age Of Disruption

Startup Professionals Musings

The cost of entry to the entrepreneur lifestyle is at an all-time low, but the challenge of winning and success is at an all-time high. Anyone can build a new web site, or publish a smartphone app for a few thousand dollars, but getting market penetration requires a lot more. Customers have come to expect disruptive change, so yet another social network is not the way to get traction.

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Silicon Beach Report Oct. 18: Healthcare App Heal Raises $26.9 Million.

L.A. Business Journal

Healthcare app Heal raises $26.9 million, clinical trial software developer Science 37 raises $31 million, and L.A. investor Ashton Kutcher says virtual reality is overhyped.

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With $30M Infusion, Certona Aims for Bigger Share of Digital Retail

Xconomy

After raising $30 million, San Diego-based Certona said it is moving to accelerate its product development, expand its sales and marketing team, and improve its client services as an e-commerce technology vendor. If online retailing is one of the most tumultuous and fast-changing corners of the Internet, the growth of marketing technologies that retailers use to serve their customers and to personalize their shopping experience has been an even wilder ride.

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Mike Jones of Science Inc, On Exits And Finding The Right Entrepreneurs

socalTECH

Los Angeles-based Science Inc. (www.science-inc.com), the startup �studio� led by former MySpace CEO and technology veteran Mike Jones , just saw its third acquisition out of its portfolio this year�the acquisition of FameBit by Google/Youtube. The company's other acquisitions included the $1 billion acquisition of Dollar Shave Club by Unilever, and the acquisition of HelloSociety by the New York Times.

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5 Keys To Crossing The Chasm To Mainstream Customers

Startup Professionals Musings

Every technical entrepreneur is an early adopter of technology, so naturally they build things with people like themselves in mind. Unfortunately, for most solution markets, early adopters represent only 10 to 15 percent of the total opportunity, so it’s easy to get mislead on the real requirements of mainstream customers. Psychologists call this the confirmation bias.

Customer 100
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Silicon Beach Report Oct. 21: Snapchat’s Content Terms Raises Questions for Publishers

L.A. Business Journal

Snapchat’s content terms raises questions for publishers, TigerText launches new messaging and workflow app, and Faraday Future Misses $21 Million Payment to Aecom.

Content 119
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After “Hubris” and Its HCV Collapse, Can Vertex Avoid Same Mistakes?

Xconomy

Five years ago, in November 2011, a company from Princeton, NJ, called Pharmasset shared news that would have an impact on millions of people around the world with hepatitis C. Its experimental drug PSI-7977 had quickly cleared the virus from 40 patients , with minimal side effects, and they had stayed infection-free. If the data held up in wider testing, it could mean that hepatitis C could be cured someday with a short course of pills, without the flu-like symptoms that dogged regimens of the

Startup 78
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Oblong Industries Finds $65M

socalTECH

Los Angeles-based Oblong Industries , the developer of gesture-enabled user interface technology, has raised $65M in an expansion stage investment, according to the company. The funding came from Greenspring Associates, Industry Ventures, and UTIMCO, as well as Morgan Stanley and Foundry Group. Oblong said its customers now include NASA, PwC, and IBM, along other Fortune 500 and Forbes Global 2000 companies.

IBM 159
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You Can’t Build A Business Without Accountability

Startup Professionals Musings

Maybe it’s just me, but I sometimes feel that accountability is a rare talent in business today. In big businesses, people are quick to defer with “that’s not my department,” and even startup founders too often blame failures on the economy or the lack of investors. As an investor and advisor to entrepreneurs, I see accountability, or lack of it, as an override to even the best idea.

Startup 99
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Silicon Beach Report Oct. 20: Netflix Countersues Fox Over Employee Poaching Claims

L.A. Business Journal

Netflix countersues Fox over employee poaching claims, SAG-AFTRA rejects final offer from video game industry, and Seriously launches “Best Fiends” sequel mobile game.

Netflix 118
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Ex-Celgene Dealmaker Tom Daniel Charts a New Course Advising Biotechs

Xconomy

For close to a decade, Tom Daniel and George Golumbeski comprised perhaps one of the best-known dealmaking duos in biopharma, striking a slew of alliances that established Summit, NJ-based Celgene as one of the more creative, nimble biotech partners in the business. “We think alike,” Daniel says. “We can pretty much finish each other’s sentences.”. No longer.

Course 77
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Recursor.TV Debuts Science Fiction Video Site

socalTECH

Los Angeles-based Recursor.TV said on Tuesday that it has launched a brand new site, which is focused on indie, science fiction video. The site--founded by E.J. Kavounas, Edouard de Lachomette and Steve Tao--said it will feature curate short films and series from independent filmmakers, and its own original content. The site allows users to search for content based on types of science fiction (alien encounters?

Sites 158
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7 Tips For Aspiring Entrepreneurs Who Stay In School

Startup Professionals Musings

A popular myth these days is that finishing college only dilutes your entrepreneurial instincts, and the best of the best, including Bill Gates, Steve Jobs and Mark Zuckerberg, dropped out early to hasten their success. I agree with Robert E. Litan, former VP of research at the Kauffman Foundation, that these are exceptions to the rule, rather than a model to emulate.

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Silicon Beach Report Oct. 19: Oblong Industries Raises $65 Million

L.A. Business Journal

Oblong Industries raises $65 million, image stability technology manufacturer MEMS Drive raises $11 million, CBS Orders Candy Crush game show, and more.

Report 122
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Cultivate: DTLA Monthly Happy Hour [ LOS ANGELES ]

Tech.Co

“Hey DTLA biz owners, residents, and creators, Stop by for our second Cultivate:DTLA Monthly Happy Hour! Meet with your fellow innovators from Art, Business, Design, Entertainment, Fashion, Music, Retail, and Tech industries as we share ideas, raise challenges, and discuss local opportunities around DTLA’s emergence as an Innovation Hub in SoCal.