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Berkonomics
AUGUST 4, 2022
Remember the five “W’s?”. In my early journalism classes, I was taught the five “W’s” of good news stories, and that most should be in the first paragraph at that. Who, what, when, where and why are the five, with sometimes a “how” thrown in for those followers of the macabre.
TechCrunch LA
AUGUST 5, 2022
From Los Angeles to Silicon Valley , a trend emerged among social media influencers and startup founders alike: move into a mansion with 10 or so collaborators, work day and night together to build fame and wealth, and hope that your new roommates do their dishes.
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Both Sides of the Table
JULY 26, 2022
Photo by Scott Clark for Upfront Ventures (no, Evan is not standing on a box) Last year marked the 25th anniversary for Upfront Ventures and what a year it was. 2021 saw phenomenal returns for our industry and it topped off more than a decade of unprecedented VC growth.
TechCrunch LA
AUGUST 2, 2022
Shein has shown the world how combining social media marketing, data analytics, and China’s well-oiled supply chain has created a $100 billion fast fashion behemoth. Its success naturally spawns imitators and challengers.
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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.
socalTECH
JULY 21, 2022
El Segundo-based Piestro, which is developing automated, pizza making robots, said today that it is rolling out a pilot of its "Piestro Pod" piza robot at Capriotti's Sandwich Shop. The startup said that Capriotti's will run a pilot of its technology at its flagship Las Vegas location, and that Capriotti's intends to purchase up to 100 of the machines within five years, after the pilot. Piestro is backed by Wavemaker Partners, and is led by CEO Massimo Noja de Marco.
Startup Professionals Musings
JULY 30, 2022
Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers.
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Berkonomics
JULY 28, 2022
Here is a variation of the “tree falls in the forest” question. . In past insights, we’ve looked at leadership skills, ways to enhance effectiveness, and how to develop creative ideas that motivate and propel your organization to greatness. Here is the ultimate question for a leader….
socalTECH
AUGUST 5, 2022
San Diego-based L'Attitude Ventures announced this week that it has raised $100M in funding from JPMorgan Chase and other limited partners, to "solely invest in Latina(o)-owned" seed to Series A companies. The fund is the firm's very first institutional fund. The Managing Partners and co-founders of the fund are Sol Trujillo (former CEO of Telstra, Orange SA, and US West), Gary Acosta (CEO of the National Association of Hispanic Real Estate Professionals); and Kennie Blanco (BlackRock).
Startup Professionals Musings
JULY 20, 2022
Does your business always seem to be trying to catch up with new competitors and changes in the marketplace? One of the things I learned from my years in Silicon Valley is that you must always focus on three steps ahead, as well as on what exists today.
TechCrunch
JULY 19, 2022
The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point.
Berkonomics
JULY 21, 2022
Over the years I have counseled entrepreneurs to think of a “no” response in terms of “yes, but…” There is always another way to say “no” that leaves the door open for creative thinking. Well, almost always. . Sometimes, you just have to suck it up and say “NO” with strong conviction.
Startup Professionals Musings
JULY 23, 2022
Throughout my career in small companies and large, I’ve always been appalled by the number of people who have a negative attitude or complain all the time.
Startup Professionals Musings
JULY 27, 2022
In my experience with business leaders, real innovation thinking is rare, compared to the urge to add just one more feature to an existing product, or make a small tweak to an existing business model. I call this linear thinking , and it’s a sure way to be ultimately overrun by your competition.
Startup Professionals Musings
JULY 31, 2022
Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. They may not have noticed the wave of “open businesses,” spawned by the Internet and social media.
Startup Professionals Musings
AUGUST 5, 2022
It takes an engaged team , or a group of well-connected teams , to build and run a business today. The days of a single autocratic leader are gone. In my consulting work with small businesses and startups, I find that real teamwork is still a rare commodity.
Startup Professionals Musings
JULY 25, 2022
A perfect storm is an expression that describes an event where a rare combination of circumstances aggravates an environment drastically.
Startup Professionals Musings
JULY 24, 2022
Real innovation in the business world is still rare.
Startup Professionals Musings
AUGUST 6, 2022
Every entrepreneur and business leader waits too long before really working on the legacy that he wants to leave to society and his family.
Startup Professionals Musings
AUGUST 1, 2022
In my experience as an advisor and mentor to entrepreneurs in business, one of the biggest failures I see is a lack of self-leadership. You can’t lead a business to success, if you can’t lead yourself.
Startup Professionals Musings
AUGUST 7, 2022
You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way by this rapidly changing world.
Startup Professionals Musings
AUGUST 3, 2022
The concept of “ force multipliers ” originally was developed in military science, but certainly applies equally well to business. It refers to multiplication factors that occur when complementary actions or approaches are used together for greater impact.
Startup Professionals Musings
JULY 22, 2022
In my many years of experience in large businesses as well as startups, a key lesson I have learned is that personal leadership is most often the differentiator between success and mediocrity or failure.
Startup Professionals Musings
JULY 17, 2022
Your business can’t be all things to all people, and excel at anything. Every entrepreneur and every business needs a strategy to keep them focused. In fact, in this new world of pervasive interactivity, it’s time to rethink even how to develop a strategy.
Startup Professionals Musings
JULY 18, 2022
New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one.
Startup Professionals Musings
JULY 29, 2022
Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Most people don’t know that billionaire Mark Zuckerberg , for example, gives real credit to the inspiring mentorship of Steve Jobs for Mark’s Facebook success.
socalTECH
AUGUST 5, 2022
Los Angeles-based The Roddenberry Foundation--the charitable foundation which honors Star Trek creator Gene Roddenberry--said this week that it is launching a $1.5 million prize, which will support early science and technology ventures.
socalTECH
AUGUST 5, 2022
Long Beach-based Momentum IoT launched a new product on Friday, which it says can be used to track the usage of tools on job sites. According to the company, its Internet-of-Things product is like "Fitbit for Tools". The company said its Toolie tracking product lets customers track everything from a ladder to a chainsaw or welder, and connects with its fleet GPS tracker via Bluetooth.
socalTECH
AUGUST 5, 2022
Long Beach-based Momentum IoT launched a new product on Friday, which it says can be used to track the usage of tools on job sites. According to the company, its Internet-of-Things product is like "Fitbit for Tools". The company said its Toolie tracking product lets customers track everything from a ladder to a chainsaw or welder, and connects with its fleet GPS tracker via Bluetooth.
socalTECH
AUGUST 4, 2022
Based, which says it is developing a "communications platform built around NFTs", said from Los Angeles today that it raised $3.5M in a pre-seed funding. The company said the funding wass led by Progression Fund, and also included Hannah Grey, Collab+Currency, Palm Tree Crew, Franklin Templeton, GFR, and crypto-focused angels and influencers. The company said it enables users to "easily surface NFT content from their friends and communities". based venture capital crypto
socalTECH
AUGUST 4, 2022
A new, Los Angeles-based startup, Bounty, developing tools to help creators earn money on TikTok, says it has raised $5M in its seed funding round. The funding was led by M13, and also included Sugar Capital and Interlace Ventures, along with angels. According to the company, it has now raised $6.777M in total. The company said the new funds will go towards meeting demand and product development, as well as hiring plans for its engineering, design, and marketing departments.
socalTECH
AUGUST 4, 2022
Chino Hills-based Venture MLS, a real estate focused venture capital firm which was founded by a multiple listing service (MLS), said it has made an investment in SavvyCard, which provides software for real estate marketing, lead generation, and targeted advertising. Financial details of the investment were not announced.
socalTECH
AUGUST 4, 2022
Thousand Oaks-based biotech giant Amgen says it is acquiring ChemoCentryx, a publicly traded biopharmaceuticals company which is focused on orally administered therapeutics to treat autoimmune diseases, inflammatory disorders and cancer. The company said it will pay $52 per share in cash for ChemoCentryx, with an enterprise value of approximately $3.7 billion. Amgen was advised by PJT Partners, with legal advice from Wachtell, Lipton, Rosen & Katz.
socalTECH
JULY 26, 2022
Pasadena-based Kitchen United, which develops technology and operates "ghost restaurants" which exists only on food ordering apps, has raised $100M in a Series C fundraising. The funding came from Alimentation Couche-Tard / Circle K, The Kroger Co., Restaurant Brands International, B.
socalTECH
AUGUST 3, 2022
Los Angeles-based Revnue Corp. said today that it has launched a new feature for contract authoring and negotiation. According to the company, its new "Pre-Signature" feature helps its customers author contracts, and move towards "efficient and standardized contract templates and frameworks", according to the company. The startup says it uses AI software for it digital contract management software, and that it was founded by veterans from Microsoft, Warner Bros., and VMware.
socalTECH
AUGUST 3, 2022
Los Angeles-based battery systems developer Romeo Power has been acquired by electric heavy truck maker Nikola, in a deal worth $144M, the two companies said on Monday. Nikola will pay 74 cent per share for Romeo Power. As part of the deal, Nikola is providing $35M in interim funding to Romeo Power so it can continue its operations until the acquisition closes. romeo power nikola motor cleantech merger acquisition battery auotmotive
socalTECH
AUGUST 3, 2022
Los Angeles- and Austin-based Slingshot Aerospace, which develops space simulation and tracking software, said this morning that it has acquired two companies the Space Division of Numerica and Seradata. Financial details of the buy were not announced.
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