L.A. Startups Received $369 Million in Seed Funding in 2016
L.A. Business Journal
FEBRUARY 14, 2017
Seed-stage companies in Los Angeles received a total of $369 million in funding in 2016, according to report from Venice tech accelerator Amplify.LA.
Startups: What are your odds for success?
Berkonomics
MARCH 9, 2017
Starting a company is HARD – in so many ways. I read several years ago, that the average startup restaurant lasts only about a year. Restaurant startups would not top my list. Restaurant startups would not top my list. For 2016 alone, there are two reliable sources of recent data for us to examine. And risky too.
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Online Entrepreneurs: Get Sales Tax Compliant For 2016
InfoChachkie
DECEMBER 28, 2015
January is coming up and you know what that means. Hopefully you’ll get plenty of rest during the Holidays because soon after the New Year starts, online retailers must begin contemplating sales tax deadlines. The following sales tax compliance checkup will help you make sure you’ll start 2016 on the right track.
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Some Thoughts on Leadership Going into 2016
Both Sides of the Table
JANUARY 1, 2016
Having time to think about “leadership” at most startups feels like a luxury. The reality of most startups is about survival. It’s a new year – 2016. We want to invest in early-stage technology enabled startup businesses – upfront in the funding cycle.
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150 Reflections On 2016: John Greathouse, Investor, Professor at UC Santa Barbara
socalTECH
DECEMBER 26, 2016
John is also very involved in providing advice to young startups and entrepreneurs. You'll be able to see all the many 2016 reflections here as they are posted. John Greathouse: We opened up our practice in San Diego by investing in Zingle and Raken. What was the biggest news from you or your firm this year?
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The Five Major Tech Trends of 2016
Xconomy
NOVEMBER 7, 2016
As we draw closer to the end of 2016, it is important that we take a moment to look back and reflect on all of the ways technology has inspired us, and transformed the way we live and do work. To augment and overcome physical distance, we are starting to use drones, virtual reality, and driverless cars. The Continued Growth of Cloud.
Report: Venture Dollars Decline In Q4, Says NVCA
socalTECH
JANUARY 13, 2017
billion invested across 1,736 companies, according to the new Pitchbook-NVCA Venture Monitor , the new report tracking venture capital investment across the U.S., According to the report, for the whole of 2016, more than $69.1 According to the report, for the whole of 2016, more than $69.1
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Report: Resonant Struggling, Running Out Of Cash
socalTECH
APRIL 11, 2016
Goleta-based Resonant , a developer of RF radio filters used for the smartphone and other markets, is struggling, and may run out of cash, according to a report. The report, from the Pacific Coast Business Times, says Resonant only has enough cash to support operations through the second quarter of 2016.
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Survey: SoCal Startups Optimistic Even As Venture Capital Tightens
socalTECH
MARCH 23, 2016
A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic about the future of technology in the region. and China for their opinions. READ MORE>>.
The future of car ownership: Cars-as-a-service
TechCrunch LA
JULY 10, 2019
Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. In the first part of this feature , we explored the different startups attempting to change car buying. Cars-as-a-Service. But not everyone wants to buy a car. Don’t buy, lease.
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GM exits car-sharing business and shuts down Maven
TechCrunch LA
APRIL 21, 2020
The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. The Verge was the first to report the story. GM confirmed to TechCrunch that it has started to wind down Maven. It also started Maven Gig in hopes of tapping into a growing demand from rideshare and delivery app drivers.
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AmplifyLA: Dramatic Drop In Seed Funding In LA In Q1
socalTECH
APRIL 19, 2017
Venice, California-based startup accelerator Amplify.LA reports that seed funding in Q1 of 2017 dropped precipitously, falling 42.2 percent from Q4 of 2016, and 43.8 AmplifyLA said it will be reporting quarterly on seed deals, a change from the annual reporting it did in 2016. percent, Year-over-Year.
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124 Fintech VC Backing Dipped 13 Percent in 2016, Mirroring Rest of Tech
Xconomy
FEBRUARY 15, 2017
The final numbers on 2016 fintech funding deals are in from New York-based research firm and investment database CB Insights, and venture capitalists seem to be cooling on the industry. According to a report released today, financial technology companies around the world attracted $12.7 Fintech has seen a frothy flood of.
Why Was Winter in Venture Capital Funding so Short?
Both Sides of the Table
FEBRUARY 6, 2017
WINTER For starters when we conducted our annual VC & LP survey in December of 2016 to prepare our annual Upfront State of the VC Industry report we found that twice as many VCs cut their investments in 2016 relative to 2015 with > 30% of VCs having cut investments. Unless of course something Trump’s our good weather.
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Report: IPO Activity Picking Back Up Following Quiet, Volatile Q3
Xconomy
SEPTEMBER 25, 2019
While the headlines may be dominated by news of WeWork putting its IPO on hold after reports about its questionable corporate governance, the overall initial public offering market is doing just fine. The total for the first three quarters of 2019 was about $8 billion shy of. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
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81 MoneyTree: $1.1 Billion In VC Invested In SoCal In Q1
socalTECH
APRIL 12, 2017
billion in venture capital dollars were invested in the Southern California region in Q1, according to the latest MoneyTree Report , issued by PricewaterhouseCoopers LLP and CB Insights. The report tallied up $926.4M Investments in LA/OC were up slightly from the $898.3M Nationally, investors invested $13.9
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NVCA: Venture Investments Drop In Q1
socalTECH
APRIL 7, 2017
have dropped to the lowest rate of activity since Q4 of 2011, as venture capital investors continue to be shy about investing in startups, according to the latest PitchBook-NVCA Venture Monitor report. According to the report, there was $16.5 billion raised by venture funds in 2016. Venture capital investments in the U.S.
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Libya Domain Startups Face Uncertain Renewal
socalTECH
APRIL 4, 2011
domain name -- letter.ly, an online newsletter service started by Drop.io told its users that it had to change its service to letterly.net, after it was unable to renew its domain last week, reporting that the agency it used to register the domain had been taken down due to the war. based startups looking for shorter domain names.
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6 Top Trends For The Digital World In 2016
Tech Zulu Event
JANUARY 26, 2016
adult now spends a reported 5 hours and 38 minutes on the web – advances have been made in the way individuals and small businesses operate in the digital world, which will grow even more this year. In 2016, the price of mobile data will remain relatively stable. Streamlined Online Experiences – Think Slack 2016.
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Technology Trends of 2016
Tech Zulu Event
DECEMBER 29, 2015
Internet of things has been THE hot topic for the past couple of years and that trend continues into 2016 and beyond. Solving some of the problems that have been holding the IoT back from realizing its full potential are some of the most compelling technology trends to watch in 2016. Adaptive Security Architecture. In fact, the U.S.
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40 Sonos Files For IPO
socalTECH
APRIL 25, 2018
Santa Barbara-based Sonos has filed for a confidential IPO, according to a report on Wednesday, which says that Sonos is hoping to go public as soon as June. The report , from the Wall Street Journal, says the IPO will value Sonos at between $2.5 billion and $3.0 and Redpoint Ventures.
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113 3 Important Facebook Marketing Trends in 2016
Tech Zulu Event
JANUARY 22, 2016
How can your company best benefit from social networking ads in 2016? In addition, make use of as much automation as you can in 2016 to reduce manpower costs and put the money towards other more important matters. Here is the breakdown of these 3 factors to watch in 2016: 1. That was $15.5 billion in 2015 alone.
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Taiwanese reassurances that water shortages won’t hit chipmaking show climate change’s direct threat to tech
TechCrunch LA
MARCH 11, 2021
As reported by Bloomberg, Taiwanese president Tsai Ing-wen took to Facebook on Sunday to post about the nation’s capacity to provide water to its citizens and businesses in the face of the worst drought the nation has faced in 56 years. They were even flagged in a 2016 Harvard Business School case study analysis. ”
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Edtech Venture Funding Down in 2016, But Still Tops $1B
Xconomy
JANUARY 11, 2017
While we’re looking at venture deal numbers from the past year , let’s consider the education technology industry, which isn’t broken out by sector in the general reports I’ve seen. billion (across 138 deals) in 2016. The EdSurge report. education tech companies totaled $1.03
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40 Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017
Xconomy
NOVEMBER 13, 2016
View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The idea was to feature early stage companies in the region that have not attracted much attention or raised a substantial amount of startup capital.
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Study Stakes San Diego’s Claim in Genomics: $292M in 2016 VC Deals
Xconomy
MAY 18, 2017
began collecting data for the report earlier this year in a bid to assess how genomics fits into San Diego’s innovation economy. Preliminary findings from an economic impact study show that genomics is emerging as a distinct innovation cluster in San Diego. The San Diego Regional Economic Development Corp.
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7 Accepted Startup Principles Violated By Steve Jobs
Startup Professionals Musings
OCTOBER 28, 2016
Steve Jobs was a one-in-a-million entrepreneur who seemed to violate many conventional rules of starting a business and dealing with people, yet undeniably achieved great success. As a result, I don’t recommend to aspiring entrepreneurs that they try to emulate his style as a model for their first startup.
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Southern California Companies Raise $2.49 Billion In VC In Q2
socalTECH
JULY 15, 2016
billion in venture capital in Q2 of 2016, according to the latest numbers from the MoneyTree Report from PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters. That said, overall dollars invested in startups was down 12 percent year-to-year, and 22 percent down in terms of deals. READ MORE>>.
Battling Cyber Hackers: The Next Generation of War Games
Tech.Co
MARCH 5, 2018
The final number of data breaches reported was 1,579, a 45 percent increase over 2016’s number of data breaches. Businesses continued to suffer the majority of breaches and more than eight times the number of Social Security numbers were exposed in 2017 than in 2016,” according to a report by the Identity Resource Center.
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Cybersecurity Firm Illumio’s Alan Cohen on the Tech Backlash of 2017
Xconomy
JANUARY 3, 2018
One of the largest and most consequential data breaches in 2017 afflicted credit reporting agency Equifax, and it was hardly the only victim.
VC Activity Continues Slowdown in Fourth Quarter, and Top 10 Deals
Xconomy
JANUARY 10, 2017
Venture capital firms didn’t exactly take their foot off the accelerator, but the pace of VC investments continued to weaken in the three months that ended in December, extending a slowdown that began in July, according to two venture reports issued today. The report found that venture firms invested $12.7 billion in 1,736 U.S.
Slowdown Continues in First-Quarter VC Funding—and Top 10 Deals
Xconomy
APRIL 4, 2017
According to the latest Venture Monitor report, VCs invested slightly more than $16.5 billion in 1,797 startups in the first three months of the year. billion that VCs invested during the same quarter of 2016, and a 24 percent drop from. venture firms refueled last year by raising a near-record $51.6
Seed-Stage Deals Show Growing Diversity of Agtech Investments
Xconomy
FEBRUARY 1, 2017
Fundraising is tough for startups but it’s particularly difficult in agriculture, a sector that has fewer firms focused on agtech investments. The dynamics are starting to change, though. billion into the agriculture sector across 580 deals in 2016, the report shows. Investors pumped $3.23
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Family & Kids’ Advocate Shum Preston on the Tech Backlash of 2017
Xconomy
JANUARY 2, 2018
Much attention was focused this past year on the impact of social media on the 2016 presidential election, as reports emerged about the use of these platforms by entities linked with Russia to spread false, misleading, or inflammatory political messages.
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58 Who's In Southern California's Unicorn Club?
socalTECH
JULY 18, 2017
The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. SpaceX, based in Hawthorne, California, is now worth between $12 billion and $15 billion, according to multiple reports. Razer (www.razerzone.com).
6 Simple Steps to Avoid Becoming a Cybercrime Statistic in 2018
Xconomy
MAY 18, 2018
Verizon’s Data Breach Investigation Report identified passwords as the root cause of more than 81 percent of breaches in 2016 – an 18 percent increase from the previous year. And, it’s a safe guess that this year, the percentage will grow.
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Has Technology Made Election Polls More Accurate? Not Yet
Xconomy
NOVEMBER 9, 2016
Statistical models, simulations, social media outreach, and the capacity to analyze big data sets—you’d think by now that technology would have delivered election forecasts that more reliably predicted Donald Trump’s victory in the 2016 presidential race. Even so, the Republican pollsters apparently pegged the race.
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91 First-Quarter Venture Funding Slumps in San Diego, and Top 10 Deals
Xconomy
APRIL 6, 2017
Thirty-seven venture-backed companies in the San Diego area collected almost $350 million in new funding during the first three months of 2017, according to data released this week as part of the latest Venture Monitor report from the National Venture Capital Association and Seattle-based PitchBook. That was down 39 percent from the $574.5
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8 Ways Startups Are Changing The Way Businesses Work
Startup Professionals Musings
JANUARY 3, 2018
I am happy to see reports that young companies are leading the way in these trends, on both the customer and the employee side. I have added my own insights, based on my experience advising and working with entrepreneurs and startups: Pay for results, rather than pay for work. Freelancers now make up 35% of U.S.
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61 New U.S. “Roadmap” Lays Out Routes to Accelerate Robotic Technologies
Xconomy
NOVEMBER 9, 2016
Christensen made his observations during a presentation at the 2016 Contextual Robotics Forum, a recent conference at UC San Diego focused this year on “new directions in human-machine interaction.”. His talk amounted to a state-of-the-industry report on robotics, and highlighted key findings of the 107-page update of the U.S.
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What Startups Can Do About Cyber Attacks
Xconomy
SEPTEMBER 16, 2016
A cybersecurity report by Ponemon Institute, in association with Keeper Security, found that in the 12 months leading up to June 2016, 55 percent of small and medium-sized businesses (SMBs) experienced a cyber attack, while 50 percent encountered data breaches involving customer and employee information.
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The WebRTC and Business VoIP Market Heats up as Telzio Launches Browser-Based Softphone
StartUp Beat
JUNE 6, 2018
The Webphone is included in Telzio along with a full suite of features such as IVR menus, extensions, queues, live reporting, and much more – all managed through an intuitive online interface. Users can start managing calls by simply signing into the Telzio website, where they can also send and receive SMS and faxes.
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You Can’t Build A Business Without Accountability
Startup Professionals Musings
OCTOBER 16, 2016
In big businesses, people are quick to defer with “that’s not my department,” and even startup founders too often blame failures on the economy or the lack of investors. His advice starts with a request to stop blaming, and start asking, “What can I do to improve this situation?” The Question Behind The Question.”
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99 Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry
socalTECH
JULY 15, 2015
A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What's the background on the company, and how did you start?
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