Augmented Reality Company Daqri Begins Shipping Smart Glasses

L.A. Business Journal

Augmented reality company Daqri of downtown Los Angeles has begun shipping its $5,000 Smart Glasses

Why Most Online Video Companies Will Fail

Both Sides of the Table

“You can’t build a large online video company. You have to build a large online tech company that distributes video.” There’s a reason that Maker pulled away while most online video companies did not. Online technology company that distributes video.

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Honest Company Cuts 80 Employees

socalTECH

Los Angeles-based Honest Company , the online provider of eco-friendly baby, personal care, and other household goods led by Brian Lee and co-founded by Jessica Alba, has quietly let go of 80 employees --or nearly 14% of the company--in what the company has billed as a "growth positioning". honest company layoff jobs employment jessica alba baby personal care products ecommerce

Ten Of The Top Tech Companies For Employees In LA

socalTECH

Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. Although it's impossible to include all the companies suggested to us (there were dozens and dozens), here's some of the ones that stood out: 1.

Start Your Company Where You Want To Live – Period

InfoChachkie

Thus, the "best" place for you to start your company is the community you want to live in. For the first decade, nearly every venture capitalist I met posed the same question, "Santa Barbara is a great town, but when are you going to move your company to the Valley?"

E-Sports Company aXiomatic Joins Disney Accelerator.

L.A. Business Journal

announced Tuesday that e-sports company aXiomatic was one of 11 companies chosen to participate in the 2017 Disney Accelerator program Walt Disney Co.

Honest Company Signs On To White House Effort On Equal Pay

socalTECH

Los Angeles-based Honest Company is one of 44 companies who are backing an effort this week by the current White House, to bolster equal pay efforts in the United States. The Honest Company joined such companies as Adobe, AT&T, Autodesk, eBay, Edison International, Estee Lauder, InterContinental Hotels Group, New Belgium Brewing, and many others in signing the pledge. obama equity gender effort equal house white company honest

j2 Global Buys Six More Companies

socalTECH

Los Angeles-based J2 Global , the Internet services provider led by Hemi Zucker, has gobbled up six more companies, the company announced today. The company said the financial impact of the acquisition was not expected to be material.

The Honest Company Gets $70M

socalTECH

Los Angeles-based The Honest Company , the online, family products retailer led by serial entrepreneur Brian Lee, and which was co-founded by Jessica Alba, has raised $70M in a funding round, according to the company Tuesday. The funding brings the company''s total raised to $122M.

Fixing Tech’s Gender Problem Starts With Company Culture

InfoChachkie

On a micro level, you can do your part to fix tech's gender problem by recruiting people with diverse backgrounds and place them in a company culture that rewards those who challenge the status quo. A version of this article previously appeared in Forbes.

Accruent Buys Two Companies

socalTECH

Real estate and facilities management software developer Accruent , which has operations in Santa Monica, said today that it has acquired two software companies, Four Rivers Software Systems , and SiteFM , both developers of healthcare facilities management software. Accruent--which is led by Mark Friedman--said the buy will help the company enter the healthcare industry.

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. In 2015 in the US there were $77 billion written into startup tech companies.

Practice Entrepreneurship With A Purpose – Before You Start A Company

InfoChachkie

If you are networking to assist a startup you are advising, you can substitute the company’s pitch for your personal pitch. Don’t worry, you can apologize after the fact, when you point to the positive impact your initiative had on your company.

j2 Global Acquires Four More Companies

socalTECH

Los Angeles-based J2 Global , the Internet services provider and publisher, has gobbled up four more companies, as it continues to have a ravenous appetite for acquisitions. The company said it acquired Ausweb , a hosting firm in Australia, Offers.com , a digital media company here in the US; On Demand Recovery , a provider of backup services in the UK; and MX Toolbox , an email security company also based here in the US.

CTO Equity and Compensation at Venture Backed Companies

SoCal CTO

Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. I'm a little surprised that CTO Founders with growth capital funding only have 15% of their companies.

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Belgium Telecom Company BICS to Buy TeleSign for $230 Million.

L.A. Business Journal

of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium TeleSign Corp.

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. I often see companies burning $100,000 per month (net) looking to raise $6-8 million. Ask other portfolio companies how your VC acted when / if they got in a cash pinch.

Los Angeles tech companies take a victory lap with planned tech job fair

TechCrunch LA

Last year saw the city reap windfall exits from the acquisition of companies like Dollar Shave Club, and has a number of promising e-commerce companies… Read More.

j2 Global Buys Four More Companies

socalTECH

Los Angeles-based j2 Global , the provider of Internet services and digital media publisher, has acquired four more cloud companies, the company said on Monday. j2 Global said it has acquired MyPhoneFax , which operates Fax87 and Onlinefaxes.com; CloudRecover , an Australian cloud backup provider; WeCloud , a cloud email company in Sweden; and Simitu , a cloud email provider in Denmark.

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Countering Cybersecurity Turnover: 57 Companies That Do It Best

Xconomy

Challenging work, ongoing training, an opportunity to advance without having to become a manager, and a talented peer group all help companies recruit and retain these sought-after “ninjas”—the individuals who can do what artificial intelligence security tools can’t.

The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. For example, Lookout is a mobile security company that was founded by three talented graduates of USC. Klout was an LA company – sold for $200 million to Lithium.

California’s Surf Air Acquires Dallas-Based Airline Company Rise

Xconomy

See below. ] Dallas —Dallas-based aviation startup Rise has been acquired by Surf Air, a California airline membership company. Rise founder Nick Kennedy will remain with the company as president of the Texas region. [ Updated 6/7/17 12:21 pm.

Oculus VR Sued By Hawaiian Company

socalTECH

Irvine-based Oculus VR and co-founder Palmer Luckey have been sued again, this time by a company in Hawaii called Total Recall Technologies. Total Recall says that it hired Luckey to build the company a head mounted display in 2011--information that he later used to start Oculus VR.

Event Farm Acquires Event Software Company Attend

socalTECH

Santa Monica-based Event Farm , which develops event marketing software, has acquired Boston-based event software company Attend , as an expansion of the company's reach. Event Farm--which already has offices in Santa Monica and Washington D.C., said the acquisition will add its presence with an office in Boston.

Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

Southern California has seen another, big venture capital investment quarter, with companies raising $1.46 raised in 15 companies. The largest deal in the quarter was for Suja Life ($149.4M), followed by Honest Company ($100.0M) and CrowdStrike ($100.0M).

10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

As Guy Kawasaki pointed out in our recent conversation , “…it is cheaper than ever to start a company. If there was ever a time to start a company, this is it.”. However, a recessionary market also generates a number of Big Dumb Company (BDC) refugees.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

However, in many cases, acquiring companies behave less rationally than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale.

Why The Next Generation of Online Video Companies Will be Vertical

Both Sides of the Table

Mitu Network is the largest digital media company for Latinos in the US and also targeting Mexico and South America. In long-form online video, companies were also broad in nature: Hulu, Netflix, Amazon and Apple TV. Where will the company develop in the future?

Uber: Transportation Service or Big Data Company?

Tech Zulu Event

In fact, one of Uber’s investors recently said the company could be worth more than $40 billion with an estimated annual growth of an astounding 800 percent. This is the reason many view Uber as a company that specializes in big data. Uber isn’t some niche startup anymore.

Is Your Company Independent or Co-Dependent?

Xconomy

Employees are a critical part of any company’s backbone, no matter the size or industry of the business. They are the driving force that executes the company vision on a daily basis, and make decisions that make it possible to achieve its growth and goals. Steve Jobs was once famously quoted stating, “the secret of my success is that we have gone to exceptional lengths to hire the best people in the world.”

CrownPeak Gets $50M In Merger With UK Company

socalTECH

Los Angeles-based web content management software developer CrownPeak has raised $50M in a funding round, and merged with UK-based ActiveStandards , according to the two companies. According to the companies, the combined company will be based in Los Angeles, and will also have locations in Denver and London. The company said it will use the funding to re-launch the company and for future product enhancements.

MarketCast Acquired By Kohlberg & Company

socalTECH

Los Angeles-based MarketCast , a market research company providing research services to the global entertainment industry, has been acquired by Kohlberg & Company , according to reports. Financial terms of the acquisition were not disclosed. MarketCast was owned by another, private equity investor--RLJ Equity Partners--which acquired MarketCast in November of 2014. READ MORE>>. marketcast market research entertainment hollywood content merger acquisition private equity

J2 Global Inc. Acquires Another Six Companies in Q2

L.A. Business Journal

gobbled up another slate of companies. The Hollywood-based internet services company acquired six small companies for an undisclosed amount in the second quarter. The acquired firms include email marketing companies SMTP and Publicaster, digital media company GameTrailers, as well as backup storage companies Electronic Vaulting Services, Safebackup, and 24sevenbackup As it does every quarter, J2 Global Inc.

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