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Los Angeles tech companies take a victory lap with planned tech job fair

TechCrunch LA

2016 was a good year to be a tech startup in LA, and, with the $25 billion planned public offering for the city’s startup darling, Snap Inc.,

Top Cybersecurity Lesson from 2016: Unchecked Insiders


And while hackers have many advantages, there are two that are contributing to a rampant spike in cyber breaches right now: 1.

Stay Stoked: Business Travel Doesn’t Have To Suck


A version of this article previously appeared in Forbes. made many mistakes when I was building my startups. Iconic Advice

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Silicon Beach Report Dec. 4: Faraday Future Unveils Its Production Car

L.A. Business Journal

Faraday Future Unveils Its Production Car

Correlation Ventures Raises $200M In New Investment Fund


Correlation Ventures , a venture capital investment firm with offices in San Diego, Palo Alto, and New York City, said this week that it has raised $200M in a new investment fund. The company said the second fund was oversubscribed, and brings its total assets under management to $366M. READ MORE>>.

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Silicon Beach Report Jan. 11: SpaceX Explains Plans to Land Three Boosters at Once

L.A. Business Journal

SpaceX explains plans to land three boosters at once, inside LA 2024’s social media strategy for winning the Olympics, and Global Eagle fully rents out a satellite

Cyber Attackers Targeted Our Trust, Not Just an Election


The cyber attacks on political organizations and election infrastructure added a level of intrigue to this year’s U.S.

Correlation Ventures Raises $200M, Maintains its “Moneyball” Strategy


The firm, which has offices in San Diego, Palo Alto, and New York, said it now has $366 million in assets under management.

Startup Resolution 2017: Embrace Believers, Bounce Skeptics & Keep Moving


The holiday period is a great time for reflection and then behavior modification – often referred to as resolutions. While a bit artificial to the logical engineer, this opportunity can be helpful. This year, my favorite insight came from a former student and employee, Elliot Cohen, co-founder of PillPack.

PvP Biologics Raises $35M in a Lab-to-Pharma Deal with Takeda


Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Report: Crosscut Ventures Launching Fourth Venture Investment Fund


Los Angeles-based venture capital investor Crosscut Ventures has reportedly started approaching limited partners (LPs) for investments in a new fund, its fourth. Crosscut's last fund, Crosscut Ventures 3, was worth $75M. The report, from the Pro Rata newsletter, said there's "a chance" that the new fund will be double in size of the last fund.

Smart Voice Assistants Will Spread From Talking Devices To Apps in 2017


think that’s a big deal. It’s going to foretell a new type of user interface that will become very important for any company to include in its apps.

J&J, NY State to Form Biotech Incubator in Big Apple’s Genome Center


New York State Governor Andrew Cuomo is planning to use some of the cash from his recently announced $650 million biotech initiative on Manhattan’s biggest life sciences problem—lack of lab space. The incubator will take up the third floor of the NYGC—about 30,000 square feet of space in the SoHo neighborhood.

Silicon Beach Report Jan. 12: Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

Venture capital investment in Los Angeles drops, Honest Co. recalls baby powder, Snap Inc. sued for alleged patent infringement, and more

Biopharma Leaders Call for Gender Diversity Amid J.P. Morgan Conference


The letter was published Wednesday , on the second to last day of the annual J.P. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Trump Slams Drug Companies, Says Medicare “Bidding” Is Coming


Oh, the power of a Donald Trump sound bite. On the campaign trail and as president-elect he has made occasional noises about drug pricing—giving the U.S. Medicare system, the largest buyer of drugs in the world, the right to negotiate prices, for instance. This morning, in his first press conference, Trump went further.

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Watching for NIH Innovation in 2017—and Drug Pricing, Trade Deals


With the inauguration of Donald Trump as president on January 20th, the editors asked some of our Xconomists to offer their thoughts on “How could the incoming administration significantly affect your industry?” That being said, here’s what I’ll be keeping an eye on in Washington in 2017. Overall, the bill will. Food and Drug Administration

Silicon Beach Report Jan. 5: Imax to Launch VR Arcade in Los Angeles

L.A. Business Journal

Imax to launch VR arcade in Los Angeles, former Snapchat executive alleges app misrepresented growth numbers, and Hulu to add CBS to live streaming service

Silicon Beach Report Jan. 3: Proterra Raises $140M, Plans to Increase Hiring at City of Industry Plant

L.A. Business Journal

Proterra raises $140 million and plans to increase hiring at City of Industry plant, SpaceX to resume launches on Jan. 8, and Mattel working on voice assistant for kids

Notes From The JPM ’17 Vortex: Trump, Rainstorms & The Price You Pay


[ Editor’s note: Ben Fidler contributed to this report ] The week of frenetic data sharing, deal talking, and party hopping of the J.P. Morgan Healthcare Conference—and the events that have mushroomed around it—took a punch to the gut just as most attendees were wrapping up and checking their outbound flight status.

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Protecting America’s Tech Prowess Amid the Hostile Rhetoric of 2017


Along with that comes the responsibility of leadership in developing the consensus to make long term investments in research and education and manage them effectively. A lot of the technological innovation in the United States is done by recent immigrants who obtained their graduate degrees.

Venture Capital Investment in Los Angeles Drops

L.A. Business Journal

The flow of venture capital dollars invested into Los Angeles-area companies fell 16.3 percent from a high of $4.17 billion in 2015 to $3.49 billion last year, according to a report by Dow Jones Venture Source

Former Snapchat Executive Alleges App Misrepresented Growth Numbers.

L.A. Business Journal

The former head of Snap Inc.’s user growth filed a lawsuit Wednesday alleging the company is cooking those numbers

Esri Takes On Connected Car Market


Redlands-based GIS and mapping software developer Esri is dipping its toes into the connected car market, saying that it is showing off use in the connected car market at CES. READ MORE>>. esri connected mapping information systems autonomous vehicle driving

Trump Administration Needs To Set U.S. Cybersecurity Mandates


The nature of cyber is asymmetric, and given the size of the U.S. economy, our reliance on intellectual property, and the leadership role the U.S.

Grail Raising $1Billion to Fund Trials for Cancer DNA Test


Grail has hired Goldman Sachs to handle the massive deal, which is expected to close before March 31st. Such a blood test, if it.

Bio Roundup: Biogen Price Fears, A Grail Billion, Hellos, Byes & More


Happy new year, everyone. Are you all strapped in? Tray tables in the locked and upright position? As Bette Davis once said , “It’s going to be a bumpy night.” ” The news from Washington is already coming fast and furious. Support for Planned Parenthood could be at stake, too.

Moonshots Gets Big Exit At Harvest.ai


Los Angeles-based venture investment firm Moonshots Capital , which is led by Kelly Perdew, has seen a big exit via the acquisition of San Diego's Harvest.ai by Amazon Web Services. The deal, which has not yet been formally announced, was reportedly worth around $20M. READ MORE>>.

Families Fret As Insurers Mull Biogen’s $750K Spine Disease Drug


This past Christmas weekend, Ana Memedovich had her best two days in more than a decade. Her 23-year-old son Mikhail has spinal muscular atrophy, or SMA, a rare genetic disease that has slowly robbed him of the ability to walk and function independently. On Dec. 23, the FDA approved nusinersen (Spinraza), the first-ever drug for the disease.

VC Activity Continues Slowdown in Fourth Quarter, and Top 10 Deals


The report found that venture firms invested $12.7 billion in 1,736 U.S. companies during the fourth quarter—a 20 percent.

Versant Closes on $400M Fund, Eyes More Biotech Deals in Europe


Those companies will be formed through Versant’s network of laboratory and incubator spaces, a network that is now adding a new site in Europe.

Diversity in Experiences, Backgrounds Leads to Successful Businesses


As a Microsoft employee, I had the opportunity to work with some of the most brilliant minds in technology.

Silicon Beach Report Jan. 13: Head of Sony Entertainment, Michael Lynton, Steps Down to Become Snap Chairman

L.A. Business Journal

Head of Sony Entertainment, Michael Lynton, steps down to become Snap chairman, Rubicon shares soar after rumor of a sale, RadPad acquired after rough 2016, and more

SnapMD Adds $3.25M In Series A


Los Angeles-based SnapMD , which develops telemedicine software and technology, announced this morning that it has added $3.25M in a Series A financing extension. The company said the funding brings its total raised to $9.15M. SnapMD did not detail the investors in the new funding, only saying it included both institutional and private investors.