Both Sides of the Table
JUNE 12, 2024
Credit: Apex Today, Apex announced their Series B funding round, led by XYZ Ventures and CRV, with participation from Upfront. And if you spend much time in LA, you’ll quickly realize that we’re in a groundswell of space and defense startups. Is it because of the rich engineering talent coming out of Caltech, UCLA, USC, Harvey Mudd, and all the other universities?
Berkonomics
JUNE 13, 2024
Does this resonate with you? The CEO position can be a lonely place, especially when you find yourself in a position of not being able to bring an issue directly to the board and not wanting to explore solutions with associates within the company. Sign of weakness? This sometimes happens when a person is unwilling to admit a weakness in an area that is critical, such as analysis of financial statements, or when unhappy with the actions of your board or with pay offers by the board’s compensation
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TechEmpower
MARCH 4, 2024
Generative AI is revolutionizing how corporations operate by enhancing efficiency and innovation across various functions. Focusing on generative AI applications in a select few corporate functions can contribute to a significant portion of the technology's overall impact. Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction.
TechCrunch LA
MARCH 1, 2024
Waymo received approval Friday afternoon from the California Public Utilities Commission to operate a commercial robotaxi service in Los Angeles, the San Francisco Peninsula and on San Francisco freeways. The approval removes the last barrier for the Alphabet company to charge for rides in these expanded areas. Importantly, it opens up new territory for Waymo […] © 2024 TechCrunch.
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.
Berkonomics
MARCH 28, 2024
All other board functions are secondary. Even venture capitalists who sit on boards where they have significant investments often forget this point. They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth.
Tech.Co
MAY 16, 2024
In recent years, Black-owned businesses have grown at the fastest pace in 30 years. However, despite growing optimism, the path to success for Black entrepreneurs is still paved with systematic barriers in 2024. In addition to the regular pressures of running a business in this climate, Black business owners have to contend with discriminatory lending practices from banking institutions and racial prejudices from buyers – with a recent report revealing that 76% of Black business owners cla
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
StartUp Beat
FEBRUARY 2, 2024
Los Angeles has long been renowned for the prowess of its entertainment industry, with Hollywood being a larger-than-life symbol known across the world. Yet the growth of its tech sector has also increasingly been receiving attention. We spoke to serial investor Brad Zions from Los Angeles to get a better perspective on tech trends in […] The post Interview with Brad Zions: Investor and Tech Veteran from Los Angeles appeared first on StartUp Beat.
Tech.Co
MAY 9, 2024
Seeking funding is a right of passage for many small business owners. While there are endless private and government-backed loans to choose from, if you’re looking to evade strict repayment terms and steep interest rates, it could be worth considering government business grants. Government business grants are financial awards issued by federal, state, or local authorities.
Startup San Diego
MAY 30, 2024
Last week over 80+ attendees came together for our very first Investor & Founder Mixer at the brand new Legacy Resort Hotel & Spa. We invited local investors and founders […] The post Recap & Photos of our First Ever Investor & Founder Mixer with TechCon SoCal! appeared first on Startup San Diego.
Berkonomics
JUNE 6, 2024
I’ve been sued as a board member too many times over the past twenty-five years of board service. Five times. Does that shock you? It does me. What’s the exposure? Here are some examples: Entrepreneurs blaming their board for failures of a fragile, early- stage company. Shareholders unhappy over the same loss, reaching out to sue every name available.
Berkonomics
FEBRUARY 15, 2024
Forming business relationships at the highest level As you follow these insights from ignition to liquidity event, you’ll detect a continuing theme, emphasizing the need for deep and wide relationships that the CEO and senior staff can call upon for advice and guidance. This is the time to elevate those insights to the level of highest value for the corporation, one that cannot be listed on a balance sheet nor included in an appraisal of corporate worth.
Tech.Co
JANUARY 26, 2024
There are just five days left to enter the digital detox competition set up by Icelandic Yogurt company Siggi’s Dairy, which has pledged to give selected contestants $10,000 to spend an entire month “detoxing” without a smartphone or social media. To be considered for the contest, you will have to write a 100-500 word essay to enter on why you’d like to digitally detox and the positive impact it’ll have on your life – but that's all that's needed to apply.
Berkonomics
MAY 23, 2024
Give one percent equity to each outside board member vesting over two to four years of service. Many early-stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members. Here is my best advice, based upon many boards and many years. Pay early-stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over two to four years of service.
Berkonomics
MAY 9, 2024
Your success must be based upon data that is solid and sometimes flexible enough to pass several critical tests if it is to guide a business enterprise to greatness. Here in brief are ten tests for your successful vision. Try these on for size, and test yourself for attractiveness to the marketplace, to investors and to history. Ten tests for your business success: Is your market identifiable and accessible?
Berkonomics
MAY 2, 2024
Many of us have someone who reports directly to us and who supervises others in return. Well, this one is for you. And it is one of the most important lessons you can learn as a manager, board member, or advisor of a company or even a non-profit enterprise. Where did this statement come from? I first heard this in a governance seminar for a non-profit higher educational board upon which I sit, over 25 years ago.
Berkonomics
APRIL 25, 2024
Perhaps this is the natural conclusion from the several insights previously explored. While the CEO and management offer the vision, strategies, and tactics as well as the proposed budget, it is the board that controls with its votes the execution of strategy, the expenditure of cash, the taking on of debt or new equity, the very direction of the company as well as its ultimate health.
Berkonomics
APRIL 18, 2024
No board member should be grandfathered, guaranteed a board seat forever. Practically speaking, this is an impossible goal. We have investigated the restrictions imposed by investment documents and the obvious need to keep continuity on the board with the retention of the CEO position at the very least. But it would be the best of form to require in the bylaws of a corporation that all seats are re-elected annually.
Berkonomics
APRIL 11, 2024
Picking up where we left off… In my last insight, I described the CEO who stacked the board with two friends, making a majority for control purposes and relegating the investor representatives to insignificance. There were no outside board members with industry experience, no members the CEO trusted with governance backgrounds, no scientists to evaluate the technology that is the core asset of the corporation.
Berkonomics
MARCH 21, 2024
The ideal use of consultants… At one time or another, most all businesses use consultants to fill the gaps in knowledge or to provide guidance for management. Consultants are good in that you can sample their work with short projects, change to other consultants quickly, and stop using them when a project is completed. A personal story of ignorance of good advice.
Tech.Co
FEBRUARY 16, 2024
There's no denying that 2024 is a challenging year to run a business. As inflation rates spiral and consumer demand takes a hit, business owners are forced to be more mindful of their bottom lines than ever. But whether you're grappling with debt, or looking to expand, accessing third-party financing may be easier than you think. While free money may sound too good to be true, there are hundreds of grants available to small businesses in 2024 designed to make financing more accessible to busines
Berkonomics
MARCH 14, 2024
When do you cross the line between honesty and dishonesty in tax planning? Is it ethical to allocate income between periods to take advantage of tax breaks? Can expenses be put off until the next period to increase income, or accelerated into this period by prepayment to decrease net income? Where do you draw the line, assuming no intent to defraud?
Berkonomics
MARCH 7, 2024
First, let’s be sure we define our terms. Accountants are trained, certified and usually quite experienced in financial analysis, both creating and reviewing data. Bookkeepers are often trained on the job although sometimes more formally and handle the physical work of accounting for the transactions. To expect a bookkeeper to provide analytical planning is to ask for something they often cannot provide, except in a cursory way.
Berkonomics
FEBRUARY 22, 2024
Has this happened to you? Many of us belong to industry associations and find ourselves at conferences and trade shows with time to spend with competitors. Some of these are old friends, some even former associates. It is natural to want to associate with these people for many reasons, certainly socially. Most CEOs want to obtain information about their competitors in the most subtle and non-obvious ways.
Berkonomics
FEBRUARY 8, 2024
Let’s talk about the reality of taking money from professional investors. It is not the first time we’ve covered this general subject nor the last. But this time, we concentrate upon governance changes. After friends and family… Once a company founder has tapped the funds available from his or her resources and from friends and family, if the company needs more cash for growth, the most obvious next step is to look for money from angel investors and venture capitalists, typically in the $300,00
Berkonomics
FEBRUARY 1, 2024
Have you ever thought of creating an advisory board? As you can guess, that would be an informal group with no legal responsibilities, but one able to be called upon to act as business, industry and scientific advisors to the company or CEO. Why? Usually, you would want to create an advisory board to fill in the critical areas of need not evidenced in the board of directors or within the company itself.
Berkonomics
JANUARY 25, 2024
Everyone, even seasoned CEO’s can use a good coach who knows how to bring out the best in a person, is knowledgeable about the business process, and who has an extended list of relationships to call upon to fill needs that become obvious in the coaching process. Business coaches come in all sizes and shapes. Entrepreneurs will have a relative willing to devote time, a school friend with business experience, professionals who charge for the service, investors with a reason to prom
Tech.Co
JUNE 5, 2024
Starting or growing a small business in 2024 is no easy feat, and one of the biggest obstacles you will face is securing funding. While small business loans can provide a lifeline to business owners looking for swift cash injections, high interest rates, and repayment terms have the potential to sting you later down the line. As the old adage goes, money doesn’t grow on trees.
Berkonomics
MAY 30, 2024
Expect a board member to give a meeting a month, emails and phone calls between. Urgent issues require more of all. Of course this is a tricky question. You might expect the answer to be “as much as necessary” or “more during emergencies” or “usually just at scheduled meetings.” But board members are usually busy people, often running other companies or serving on multiple boards.
Berkonomics
FEBRUARY 29, 2024
Let’s talk about lawyers… Over the years in business and as a member of over forty boards, I have received good advice from corporate attorneys and on occasion bad advice as well. There is a line that should be drawn in a relationship between corporate attorney and CEO or board. Attorneys are paid to protect the corporation, not to give business advice.
Tech.Co
JUNE 14, 2024
With 42% of US companies currently owned by females, the business landscape has become a lot more equitable in recent decades. Yet, despite major strides being made by women in business, entrepreneurship is still very much a man’s game, with all-female start-ups receiving only 1.9% of venture capital funding in 2023. But it’s not just angel investors that favor the status quo.
Startup San Diego
FEBRUARY 5, 2024
The Startup San Diego quarterly tech report featured a conversation between Cheryl Goodman, Vice Chair of Startup San Diego, and Vishal Shah, GM of XR & Metaverse at Lenovo. They […] The post Startup San Diego Quarterly Tech Report: #CES2024, SD Startups, Cutting-Edge AI & XR Breakthroughs appeared first on Startup San Diego.
Startup San Diego
MARCH 27, 2024
The second episode of the Startup San Diego Tech report featured a conversation between Cheryl Goodman, Vice Chair of Startup San Diego, and Bryan Landers, AI Product Designer at Zapier. […] The post Startup San Diego Tech Report Episode 2 Wrap Up: MWC, SXSW, & CPG AI Glow-up appeared first on Startup San Diego.
Startup San Diego
FEBRUARY 12, 2024
Our 1st Mondays – Networking and Expert Panel event is happening in a few weeks on Monday, March 4th, 6:00 PM – 8:00 PM in the heart of Downtown San […] The post Official Announcement: 1st Mondays International Women’s Month Panelists appeared first on Startup San Diego.
Startup San Diego
MAY 21, 2024
We’re coming close to our 1st Mondays of Summer powered by JP Morgan Startup Banking and UCSD Design and Innovation, happening June 24th, 6:00 PM – 8:00 PM. If you’re […] The post Announcing Panelist for June 1st Mondays of Summer – Expert Panel & Networking appeared first on Startup San Diego.
Startup San Diego
MARCH 20, 2024
MWC 2024: More AI than APIakeaways that will touch consumers The Mobile World Congress (MWC) stands as the premier event for the mobile telecommunications sector. In 2024, MWC rebounded to […] The post SSD Tech Report: Covering MWC, SXSW, and a Startup CPG AI “Glow-Up” appeared first on Startup San Diego.
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