Berkonomics
MAY 11, 2017
It’s time to speak of some sort of business plan. As a professional investor in early stage companies, I have long discounted long, detailed business plans in favor of a concise “executive summary” followed by a believable spreadsheet-based financial forecast projecting three to five years into the future. Yes, everything does change between drafting that plan and its successful execution.
L.A. Business Journal
MAY 9, 2017
Cover Technologies Inc., a prefab building company that designs and manufactures backyard studios, has raised $1.6 million in seed funding, according to a statement released Tuesday.
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socalTECH
MAY 12, 2017
Earlier this week, Los Angeles-based Donut Media (www.donut.media) announced a seed funding round, for its efforts to create a online, video-focused brand centered around car enthusiasts. We spoke with CEO Matt Levin to hear about how Donut Media is looking to speak to the Millennial car enthusiast through both its online videos as well as social content.
TechEmpower
MAY 10, 2017
Results from Round 14 of the Web Framework Benchmarks project are now available! This round's results are limited to the physical hardware environment only, but cloud results will be included again in the next round. Recent improvements. Our efforts during Round 14 focused on improvements that help us manage the project, mostly by removing some of our manual work.
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.
SoCal Tech Calendar
MAY 12, 2017
Thursday, May 18, 2017 -- Microservices with Docker, and Dockercon Recap at Fox. Docker Los Angeles. Microservices at Fox Digital You won't want to miss this! Our friends from Hollywood always put on the best Docker meetup events. See [link].
L.A. Business Journal
MAY 12, 2017
Elon Musk’s Boring Co. begins horizontal digging in Hawthorne with tunneling machine, military could have low-cost launch market in five years with increased investment, and Social Reality rebrands as SRAX.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Tech.Co
MAY 9, 2017
Working in the film and event industry for many years, Taylor Freeman decided to put his career on hold and travel around Europe reflecting on what is important and discovering his true passion, technology. “My real passion was around technology, user experience and providing great experiences for people through digital mediums,” Taylor said. Taylor returned home and dove into learning web development and design on his own.
SoCal Tech Calendar
MAY 12, 2017
Thursday, May 18, 2017 -- Media 2.0 w/Peter Csathy and Preccelerator Program Demo Day. Clear your calendar - It's going down! The Preccelerator Program Demo Day kicks off on May 18th @ 5:30pm, and you're invited to take part in the festivities. SAM Preccelerator Program is our meeting spot to showcase the Preccelerator's current class of all-star companies to investors and the start-up community.
L.A. Business Journal
MAY 10, 2017
Snap Inc., parent company of Snapchat, reported a net loss of $2.2 billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March.
socalTECH
MAY 11, 2017
Roofstock , a startup which operates an online marketplace that lets investors purchase homes online as investments, has launched in Los Angeles, the company said on Thursday. The Silicon Valley startup, based in Oakland, says it allows investors to purchase single-family, rental homes. The company said Los Angeles is its 14th market. The company's marketplace offers inspections, valuation, title reports, and information on tenants and local property managers to its users.
Xconomy
MAY 9, 2017
San Diego’s Edico Genome, highlighted in Monday’s media debut of Dell Technologies Capital , said today it has raised $22 million in Series B financing led by the Dell investment arm. All existing investors, including Qualcomm Ventures, Axon Ventures, and biotech industry executive Greg Lucier, participated in the round. The new cash, which brings Edico’s total funding to $32 million, will be used to fuel expansion and further development of Edico’s Dragen technology.
SoCal Tech Calendar
MAY 11, 2017
Wednesday, May 17, 2017 -- Silicon Beach Networking Mixer At Wurstkuche in Venice. Join the fastest growing startup and tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Register immediately for an early bird ticket.
L.A. Business Journal
MAY 9, 2017
Snapchat photos can now be viewed indefinitely, Cover raises $1.6 million to build prefab structures for homes, and SpaceX tests Falcon Heavy core.
socalTECH
MAY 8, 2017
The world of clinical trials, required to gain regulatory approval for new pharmaceuticals, has always been difficult, with such challenges as finding patients willing to travel to participate in trials, patients willing to carve out the time required for those trials, and issues with reaching a broad patient population. Los Angeles-based Science37 (www.science37.com) is using technology--mobile apps, telemedicine, and more--to overcome those and other challenges.
Xconomy
MAY 8, 2017
Austin —Dell Technologies is publicly unveiling a venture capital investment arm that has been quietly investing in startups since the operation was run by EMC, the data storage giant that Dell agreed to acquire for $67 billion in 2015. Called Dell Technologies Capital, the investment arm plans to provide funding to about 20 startups this year, Scott Darling, president of group, told Bloomberg , which first reported the news this morning.
SoCal Tech Calendar
MAY 11, 2017
Wednesday, May 17, 2017 -- Silicon Beach Networking Mixer At Sunny Spot in Venice. Support women entrepreneurs and Join the fastest growing tech community in Los Angeles! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community.
L.A. Business Journal
MAY 8, 2017
Snapchat reportedly disinterested in users in the developing world, Aerojet Rocketdyne says AR1 rocket engine development is on schedule, and Revolution Prep raises $4 million.
socalTECH
MAY 11, 2017
Los Angeles-based advertising technology tools developer Social Reality has rebranded itself as SRAX , the company said on thursday. The company said the new branding "is designed to reflect the breadth and depth of the advertising technology company's tools offered to digital marketers and content owners." SRAX's CEO and Chairman is Chris Miglino. SRAX is also the company's symbol on the NASDAQ Capital Market.
Startup Professionals Musings
MAY 6, 2017
It’s time to take the drudgery and dread out of work at your business. You don’t like it, millennials won’t put up with it, and current productivity levels at work continue to decline. Only 32 percent of American workers are even engaged at work today. Most workers are still rushing to retirement, where they hope to escape to more stimulating activities with a real sense of accomplishment.
SoCal Tech Calendar
MAY 11, 2017
Wednesday, May 17, 2017 -- Women in LAVA: The Money: From Angel Investors, Private Investors, Venture Capital and More. Women in LAVA invites you to a panel discussion supporting female entrepreneurs by helping them better understand one of the most important sides of the equation the Money. From Angel Investors, private investors, venture capital and more, we plan to get down and dirty with specific deal points and terms, revenue benchmarks and board involvement.
L.A. Business Journal
MAY 11, 2017
Lions Gate ordered to pay $5.8 million to 'Biggest Loser' star Jillian Michaels for airing workout videos on YouTube, TrueCar adds pricing information to eBay Motors, and Lyft moving into space in Arts District.
socalTECH
MAY 11, 2017
Qualcomm Ventures , the venture arm of San Diego-based Qualcomm , has scored a quick exit out of its venture portfolio. Owlchemy Labs , developer of such virtual reality games as Rick and Morty: Virtual Rick-ality, has been acquired by Google , the two announced on Wednesday. Financial details of the buy were not announced, but Owlchemy Labs had only raised $5M, in a funding in August of 2016.
Startup Professionals Musings
MAY 12, 2017
I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Maybe it’s time to look harder at the mantra of a new breed of gurus and successful entrepreneurs, including Steve Blank and Eric Ries , called “nail it then scale it” (NISI).
SoCal Tech Calendar
MAY 7, 2017
Saturday, May 13, 2017 -- Successfully Selling Your Business Workshop. Learn how to successfully sell your business using the advice of a corporate lawyer with $6+ billion in merger and acquisition experience.
L.A. Business Journal
MAY 9, 2017
Snapchat users can now opt to allow their photos to be viewed indefinitely instead of having them disappear after 10 seconds, according to a statement released by Venice’s Snap Inc. on Tuesday.
socalTECH
MAY 11, 2017
Fountain Valley-based Kingston Technology is one of the backers of a company developing adaptable, datacenter computing technology based on PCI-express fabrics. Liqid said Wednesday that it has raised $10M in a Series A funding, in a round from Market Hill Capital, and also included Phison Electronics Corporation. The company said its prior seed investment came from Kingston Technology, Phison Electronics, ABR Capital Management and DH Capital, and that it has now raised $20M in total.
Xconomy
MAY 12, 2017
On a day dominated by news about President Trump’s firing of FBI director James Comey, and its impact on the ongoing investigation of Russian hacking of the 2016 presidential election, two significant developments for the cybersecurity industry also emerged Thursday. First, President Trump signed an executive order laying out plans to shore up data security for federal agencies as well as for critical U.S. infrastructure, which can include private companies such as electric utilities.
SoCal Tech Calendar
MAY 7, 2017
Saturday, May 13, 2017 -- Caltech Entrepreneurs Forum - Robots, Computer Vision and Deep AI. Robots must perceive their environment and decide how to respond, so both computer vision and the new AIs deep learning neural nets are pervasive and integral elements of robotics. Against that substrate then, how does an entrepreneur transform a concept for a new robotic application into a viable start up that gains traction?
L.A. Business Journal
MAY 10, 2017
Snap Inc. reports slow user growth, SpaceX considering sending two Dragon capsules to Mars in 2020, and Jordan Levin named CEO of AwesomenessTV.
socalTECH
MAY 11, 2017
Irvine-based angel investment group Tech Coast Angels said this morning that it has had it's best Q1 ever, both in terms of dollars and total deals. According to the TCA, it invested $3.8M in total across 17 deals, for the quarter ending March 31st, 2017. The TCA said that 99 percent of the investment dollars were in Southern California, and all but one of the investments were early stage funding, including seed equity, Series A, or bridge to Series A funding.
Startup Professionals Musings
MAY 8, 2017
Don’t charge the hill until you are “ready.” This probably seems obvious to military types, but I see entrepreneurs violating this rule all the time. They approach key potential investors way too early, trying to talk their way up the hill, with no supporting business plan, and before they have a support team around them. Needless to say, they usually get shot down, and get no second chance.
Xconomy
MAY 8, 2017
When Jon Carder talks about online consumer trends, he speaks with some experience. Beginning with eHeaven, an e-commerce website that he founded in 2000 as a student at San Diego’s Point Loma Nazarene University, Carder has ridden a series of enormous waves as consumers moved online to shop, search for home loans, and find businesses in their neighborhoods.
socalTECH
MAY 11, 2017
San Diego-based AmpliPhy Biosciences , a developer of therapies for treating drug-resistant bacterial infections using bacteriophage technology, said it raised $9.1M for the company in its IPO. The company trades as APHB on the NYSE Small Cap Market. The $9.1M was after deducting the underwriting discount and commissions and estimated offering expenses payable by AmpliPhi, according to the company.
socalTECH
MAY 11, 2017
UBTECH Robotics , a developer of robots and robot toys used for the STEM- (Science, Technology, Engineering, Math), entertainment, and other markets, said on Wednesday that it has opened up a new, North American headquarters in downtown Los Angeles. The company said it is expanding its headquarters and leadership team, with a sales, marketing and support team in the locaiton.
socalTECH
MAY 10, 2017
Gardena, California-based Cover , which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M in a seed funding round. The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels. Cover, which was founded in San Francisco in 2014, says it uses computer programs to design prefab structures such as guest homes, backyard studios, pool houses, and other acc
socalTECH
MAY 9, 2017
Dell Technologies Capital , a new venture investment fund announced at Dell EMC World on Monday, says it is an investor in Irvine-based Cylance , according to the fund's new website. Dell Technologies Capital--which will conduct venture investments for Dell Technologies as well as its other related businesses--said it will invest $100M annually in startups.
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