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BetterWorks Shutting Down On May 31st

socalTECH

In what is a huge blow to Silicon Beach, Santa Monica-based BetterWorks , the software-and-technology-meets-employee-perks startup run by Paige Craig, told its users today that it is sunsetting its site on May 31st. BetterWorks had raised $10M in funding from Redpoint Ventures. READ MORE>>.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Distinguish growth opportunities from survival efforts, and make sure they are adequately funded, rewarded, and measured. Get outside the company regularly to get feedback on future customer needs, emerging technologies, and the views of influencers and experts in the field. Constantly scan the horizon for growth opportunities.

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Interview with Greg Martin, LiquidStock

socalTECH

Our interview today is with Greg Martin , co-founder of LiquidStock (www.liquidstock.com), an investment fund which offers up a way for employees of private companies to exercise their stock options before an IPO or acquisition. Greg Martin: I raised a fund called LiquidStock, with three partners. Tell us what you're up to now?

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects. The funding could be as much as $100 million, and the first grants will be announced in 2017. . —The U.S. THE ENVELOPE, PLEASE.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

—In other news from the moonshot day, Biden warned researchers in academia and industry that they would risk losing federal funding if they didn’t follow the law and report their clinical trial results to the public ClinicalTrials.gov database… IBM said it would deploy its Watson systems to help the U.S. .

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NextWave Wireless Gets $100M In Debt, Cuts Staff, Hires Banker

socalTECH

San Diego-based wireless broadband technology firm NextWave Wireless said today that it has scored a new, $100M debt financing for the firm's business, and made cuts in its staff, along with hiring an investment banker. NextWave said that the debt will go towards funding its operations into 2010. READ MORE>>

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