Trending Articles

How The Reality That Entrepreneurs Face Is Not Fair

Startup Professionals Musings

Most of the time, I’m all about providing encouragement and inspiration to entrepreneurs. They need it and they deserve it, because entrepreneurs are the lifeblood of our economy.

Headspace Taps Morken as CEO

L.A. Business Journal

Headspace Inc., the Santa Monica-based meditation app developer, has promoted CeCe Morken to chief executive

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A security flaw in Grindr let anyone easily hijack user accounts

TechCrunch LA

Grindr, one of the world’s largest dating and social networking apps for gay, bi, trans, and queer people, has fixed a security vulnerability that allowed anyone to hijack and take control of any user’s account using only their email address.

Should you include your sweat equity in a business plan?

Berkonomics

Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven. What are you worth to the business?

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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.

Water Tech Companies Are Springing Up in LA

L.A. Business Journal

In many areas of the world, there may be no more precious commodity than water — and that’s especially true in Los Angeles

10 Principles For Surviving Hard Times In Any Startup

Startup Professionals Musings

“The devil in the details” is a quote that we have all heard, and clearly applies to startups, where success in the long run is all about execution.

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Google Maps gets improved Live View AR directions

TechCrunch LA

Google today announced a few updates to Live View, the augmented reality walking directions in its Google Maps app that officially launched last year.

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What is your biggest error in company planning?

Berkonomics

The biggest error in planning may not be spreadsheet calculation error. Or cost estimation. It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan.

Local Tech Companies Work to Get Out the Vote

L.A. Business Journal

Social platforms and media content creators in Los Angeles are leveraging their influence to encourage voting by Gen Z and millennial audiences as registration deadlines approach

Draper Goren Holm Raises $25M Blockchain Fund

socalTECH

Los Angeles-based Draper Goren Holm , a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world. The fund was announced at the LA Blockchain Summit, which is virtual this year.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

What’s the most important thing in a young business?

Berkonomics

Cash is everything to a new business. . How many times do we have to say this? The days of being able to trust that there will be an investor or lender on the other end of a call or email whenever needed ended with the 2000 and 2008 bursts of those respective bubbles.

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J2Global to Acquire RetailMeNot for $420 Million

L.A. Business Journal

Downtown-based J2 Global Inc., an internet information and services company, has entered into a purchase agreement to acquire RetailMeNot Inc. for about $420 million

5 Generators Of Customer Pain Conducive To Startups

Startup Professionals Musings

One of my favorite sayings is “Real change doesn’t happen until the pain level gets high enough.” There aren’t many of us who love change, just for the opportunity to learn something new, and even we won’t pay much for it.

Cornerstone OnDemand: Time Off To Study Ballot Popular With Employees

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops employee development software, says that a survey it has run has found that 50 percent of employees it surveyed desire time off to study their ballot before they vote. Cornerstone OnDemand said it ran a survey with YouGove, which provides public opinion and data, finding 80% of adults typically spend less than two hours to learn about their ballot--and could use additional time off to study their upcoming ballots.

Odell Beckham Jr. turned to Mojichat’s advertising features during his inaugural live-stream

TechCrunch LA

Mojiit, the Los Angeles-based company behind the popular avatar generation service Mojichat, has landed one of its highest-profile users with the launch of Odell Beckham Jr.’s ’s live stream over the weekend. As Odell Beckham Jr.

Jared Leto, Scooter Braun and Troy Carter are backing Moment House, a startup recreating live events… digitally

TechCrunch

A pitch to offer artists a way to give geo-fenced, live events to fans around the world has brought the new Los Angeles startup Moment House $1.5 million in seed funding. The money came from heavy hitters in the Los Angeles entertainment and investment scene including Scooter Braun, Troy Carter, Kygo’s Palm Tree Crew and Jared Leto. Patreon chief executive Jack Conte and Sequoia Capital partner Jess Lee also participated in the round.

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CodeSpark Wants to Teach Kids to Code

L.A. Business Journal

Pasadena-based CodeSpark Inc. wants to teach kids to code even before they can read

How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. That’s like trying to sell part of something to a stranger for big money when you haven’t fully defined it yet.

Sonos Connects To General Electric

socalTECH

Santa Barbara-based Sonos and General Electric have connected GE's appliances with Sonos speakers, through a new integration effort between the two companies. According to the two companies, GE's appliances now allow its users to set up alerts--such that an oven is pre-heated, or a dishwasher cycle is done--through Sonos speakers in their home.

Virtual Tech Happy Hour

SoCal Tech Calendar

Thursday, October 15, 2020 --.

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Top virtual tech events to end 2020 on a high note

StartUp Beat

Tech enthusiasts from around the globe can make the last three months of the year count by tuning in to a great variety of inspiring events that take place on online platforms. The post Top virtual tech events to end 2020 on a high note appeared first on StartUp Beat. Events events

8 Keys To Attracting More Talent Than The Competition

Startup Professionals Musings

Due to the pervasive Internet, the scope of most successful startup teams today has become global. Also, more people are only available to work remotely , especially with the current pandemic.

Virgin Hyperloop One Sets Location For Certification Center

socalTECH

Los Angeles-based Virgin Hyperloop One has set the location for a new certification center, which will test, develop, and validate its systems on Thursday. According to the company, it will spend $500M to build a certification center in West Virginia, focused both on validating usage of its technology in Virginia, as well as the United States and the world, with plans to eventually build a full sized, operational hyperloop system at the location.

Virtual Tech Happy Hour

SoCal Tech Calendar

Thursday, October 15, 2020 -- Virtual Tech Happy Hour. Startup Coil. The State of the L.A. Tech Ecosystem Updates on startup fundings and major news; Expert Discussion and QandA Hiring and Getting Hired During a Global Pandemic. In conversation with Career and Culture Whisperers: Kurt Daradics, GM @ Hunt Club, Steve Taylor, National SaaS Practice Lead @ Trinet See [link] (more

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Despite Phase 2 Failure, Gossamer Bio Sees a Path for Drug in Asthma

Xconomy

Gossamer Bio’s lead drug, an experimental treatment for asthma and allergies, has failed in two mid-stage clinical trials but the biotech sees enough in the data to pursue further development in a severe form of asthma and it wants to talk with regulators about advancing the compound to a larger Phase 3 study.

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Virgin Orbit Seeks Funds Ahead of Launch

L.A. Business Journal

Long Beach-based satellite launch company Virgin Orbit, looking to rebound from a failed test flight in May, is seeking to raise funds ahead of a second launch

8 Steps For Moving From A Business Dream To Results

Startup Professionals Musings

As a business advisor, I listen to many of you entrepreneurs talking about achieving your dreams, but too few of you have structured that dream, and can express it in a set of specific goals, with a timeline for getting there.

Seismic Names Chief Product Officer

socalTECH

San Diego-based sales enablement and marketing software developer Seismic said this week that it has named a new Chief Product Officer. Seismic said it has named Krish Mantipragada as its new Chief Product Officer, joining the company from Medallia, where he also was Chief Product Officer and an Executive Vice President. Mantipragada also previously served at First Data and SAP. Seismic recently raised another $92M in funding, which valued the company at approximately $1.6

Pepperdine Most Fundable Companies Showcase 2020.

SoCal Tech Calendar

Thursday, October 15, 2020 -- Pepperdine Most Fundable Companies Showcase 2020. Now in its third year, the Most Fundable Companies competition has grown to over 4,500 companies, and for the first time attracted startups from all 50 U.S. states.

With Phase 2 Data in Hand, Ovid Eyes Multiple Pivotal Trials for Epilepsy Drug

Xconomy

Ovid Therapeutics and Takeda Pharmaceutical joined forces three years ago to develop a small molecule into a potential epilepsy drug. That research is starting to pay off as the companies now look ahead to pivotal studies testing that compound in several inherited forms of the disorder.

SpaceX Lands $149 Million Defense Contract

L.A. Business Journal

Space Exploration Technologies Corp., the Hawthorne-based aerospace company, last week secured a substantial new government contract and made progress on multiple fronts with its Starlink satellite project

10 Key Elements Of An Open Leadership Framework Today

Startup Professionals Musings

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” The mantra of open leadership is “Be Open, Be Transparent, and Be Authentic.”

Veritone Swizzles CFO

socalTECH

Costa Mesa-based Veritone has swapped its CFO, saying that it has named local technology industry veteran Michael L. Zemetra as Executive Vice President, Chief Financial Officer, and Treasurer as part of a "planned transition". The company said prior CFO Peter F. Collins will serve in an advisory capacity during a transition period. Veritone did not say where Collins is departing to, but did praise his work in taking the company from a start-up company to its public status.

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Don’t Make Business Decisions Based Only On Intuition

Startup Professionals Musings

I still know some entrepreneurs who boast of simply following their gut instincts, rather than listen to anyone or any data, to make strategic decisions. We’ve all worked with autocratic leaders in large companies who seem to thrive in this mode.

9 Principles Especially Critical For A Micro-Business

Startup Professionals Musings

Too many of you business owners think success only means being the next Amazon, or you stress yourself out trying to be everything to every customer.