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Do VC Platforms Make Sense?

Both Sides of the Table

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

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Google Cloud will launch its Los Angeles region in July

TechCrunch LA

But beyond this focus on entertainment, it’s worth noting that this new region now also gives every company that bets on the Google Cloud platform a second West Coast option besides its Oregon region. That’s not what Google is focusing on today, though.

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Reflections on 2016: Cody Simms, Techstars

socalTECH

You'll be able to see all the many 2016 reflections here as they are posted. Cody Simms: Techstars tripled down on Los Angeles in 2016 with the launch of three investment and mentorship programs for startups through which we will be investing in more than 30 startups per year in LA.

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Freight trucking startup Shipwell gets a $10 million boost

TechCrunch LA

“ Shipwell’s full-service, digitized brokerage platform can streamline the way many of our Anchor LPs and portfolio companies approach large-scale freight shipping,” the firm’s principal — and newest Shipwell board member — Vik Chawla wrote in a blog post announcing its most recent deal.

Startup 191
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Facebook Touts Countermeasures to Election Hacking: Are They Enough?

Xconomy

Facebook expanded its mea culpa on Monday for failing to prevent “bad actors” such as Russian entities from using the social media platform to distort democratic processes—notably the U.S. presidential election in 2016. Company CEO Mark Zuckerberg had already announced Friday. Read more » Reprints | Share:

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Lymber, Founded in Early 2016, Surprised by Mindbody’s Buyout Offer

Xconomy

Lymber, named as a 2017 Xconomy San Diego startup to watch , has developed a technology platform that enables mobile users to book openings in fitness and wellness classes. Lymber was barely a year old when Mindbody (NASDAQ: MB ) announced recently that it acquired the San Diego mobile app developer.

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SoftBank’s Arm to Include Cybereason Security Services in IoT Hub

Xconomy

Boston-based Cybereason has formed a partnership with Arm, the dominant developer of computer chip architecture, which was acquired by SoftBank in 2016.