You are your company’s moral compass.

Berkonomics

Years ago, when I was CEO of my record manufacturing company in Hollywood, I happened to walk around the plant into the press room just as Bobby, one of the employees’ favorite coworkers, was offering stolen merchandise to his fellow pressmen from a bag he was carrying.

Five ways to make your company stand out.

Berkonomics

There must be at least several companies out there right now positioning to compete with you. And although many positioning efforts cross the lines between these, great companies play to the strength of just one.

Massage-on-demand company, Soothe, raises $31 million

TechCrunch LA

The Series C round from late stage and growth capital investment firm, The Riverside Company , caps a busy first quarter for the massage service. The former CFO of MarketShare, Heyrick has helped the company expand to over 11,000 massage therapists in its network.

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What about your previous company non-compete?

Berkonomics

Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined.

What about your previous company non-compete?

Berkonomics

Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined.

Lambs, the radiation-proof underwear company formerly known as Spartan, is now selling beanies

TechCrunch LA

Now the company has relaunched as Lambs and is adding a radiation-proof silver-lined beanie to its $29-per-pair underwear already on sale in the U.S. The company’s goal is to capitalize on paranoia around the effects of cell phone radiation on health and possible links to cancer.

SmartDrive Wins Paving Company

socalTECH

San Diego-based driving safety and monitoring systems provider SmartDrive Systems announced this morning that it has signed up Superior Paving, a large asphalt paving company on the East Coast, as a new customer. smartdrive paving company driver safety fleet auto automotive transportation

What’s a company board good for, anyway?

Berkonomics

And good board members can add real value to you and the company. Importantly, these also help a board to cover the legal “duty of care” for the health of the company. A better company is the goal.

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.

Tinder Sues Parent Company

L.A. Business Journal

has filed a lawsuit against parent company InterActiveCorp., alleging IAC purposefully undervalued the company to avoid proper payouts to executives Match Group dating app subsidiary Tinder Inc.

Ten of Southern California's Top Software Companies

socalTECH

We've identified ten of the more technically interesting companies working on software in Southern California, using our unscientific, unproven, and undoubtedly biased informal polling. The company handles all the infrastructure required for text messaging, voice.

How to protect your company lists and trade secrets

Berkonomics

Most employers have all their employees sign non-disclosure and confidentiality agreements to protect the company’s trade secrets, customer lists and business plans. Most senior and middle level managers will understand when a subordinate comes to them to resign and begin a new business.

Elon Musk's Boring Company Gains Recommendation For Las Vegas Loop

socalTECH

Los Angeles-based Boring Company , the Elon Musk startup which is developing underground transportation systems, gain the endorsement of the Las Vegas Convention and Visitors Authority (LVCVA), for a possilble two-mile loop around the Las Vegas Convention Center. elon musk boring company vegas tunnel convention center loop cleantech tourism

Boring Company Tunnel Opening Shifts To December 18th

socalTECH

The official opening of the first tunnel being built by Los Angeles-based Boring Company , a prototype tunnel meant to prove out its technology and feasibility of transporting people and traffic beneath city streets, has shifted to December 18th, according to Elon Musk. The prototype tunnel is the first demonstration project by The Boring Company of its plans to transport cars underneath Los Angeles and other cities, to help reduce the impact of traffic on surface streets.

Will your company’s sale be celebration or silence?

Berkonomics

First, there are at least three types of exits. I’ve been involved with well over twenty successful exits and four initial public offerings over the years, some of them with monstrous gains, some more modest.

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The Honest Company Gets $200M Growth Investment

socalTECH

Los Angeles-based The Honest Company , the online natural baby, personal care, and beauty products provider, said Wednesday that it has raised $200M in a strategic minority investment, which came from private equity investor L Catterton. According to The Honest Company, the new funding will go towards its growth strategy, and will go both towards "innovation initiatives" as well as operational capabilities to boost its supply chain and global reach.

j2 Global Buys Four More Companies

socalTECH

Los Angeles-based j2 Global , the parent company of such companies as IGN, Mashable, eFax, and eVoice, has gobbled up four more companies, saying this morning that it has acquired Armada Cloud , a provider of cloud-based backup services; iContact , a provider of marketing cloud services; SafeSend AS , a Norwegian company in the cloud security business; and Telsys AS , a cloud backup service also based in Norway.

Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies. “We feel over the next couple of years, we’ll start to see repeat entrepreneurs come out of these LA companies.

MabVax Therapeutics' Assets Acquired By German Company

socalTECH

The antibody assets and infrastructure of San Diego-based MabVax Therapeutics has been acquired by a German company, BioNTech SE , according to BioNTech SE. Financial details of the acquisition were not annoucned. BioNTech SE is acquiring those assets out of the Chapter 11 bankruptcy proceedings for MabVax. According to BioNTech SE, it itends to establish a new, research facility in San Diego as a result of the agreement.

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

Keeping the focus squarely on tools for artists and designers the company talked up its tools like Zync Render, which Google acquired back in 2014 , and Anvato, a video streaming and monetization platform it acquired in 2016.

Everything you do adds or reduces company value

Berkonomics

Minor decisions, such as replacing employees who have left the company or replacing equipment needing updating, are usually considered operational in nature, and unless the business is changing direction, not relevant to this test.

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.

Elon Musk: Boring Company Tunnel Will Open December 10th

socalTECH

The first, high tech test tunnel built by LA's The Boring Company , bored between the SpaceX parking lot and a home in Hawthorne, California, is almost complete, and will open to the public on December 10th, according to Boring Company and SpaceX CEO Elon Musk. boring company tunnel tunneling transportation spacex elon musk

Is your company or department as efficient as it should be?

Berkonomics

No matter what your company produces, there is surely a more efficient way to approach the process. And meeting the challenge of improving productivity is a great morale lift for all, as well as good business practice for the company and management. Close.

Elon Musk: First Boring Company Tunnel Nearly Complete

socalTECH

The first tunnel being built by Los Angeles-based Boring Company , a prototype tunnel meant to prove out its technology and feasibility of transporting people and traffic beneath city streets, is nearly complete, according to Boring Company and SpaceX founder Elon Musk. Musk said that the Boring Company will unveil the tunnel on December 10th to the public. elon musk boring company tunnel tunneling transportation spacex

Cohu Buys Spring Probe Company

socalTECH

Poway-based Cohu said late Tuesday that it has agreed to acquire Kita Manufacturing Co LTD , a Japanese companies that develops products used in electronics manufacturing. The company said Kita had current year sales of estimated $17M. cohu spring probe company kita manufacturing japan electronics merger acquisition

NantWorks Invests In Daybreak Game Company

socalTECH

Los Angeles-based NantWorks , the investment arm of billionaire Dr. Patrick Soon Shiong, said on Thursday afternoon that it has made a strategic investment in San Diego-based multiplayer online games developer Daybreak Game Company. h1z1 everquest videogame online capital venture company game daybreak nantworks

The Honest Company Raises $100M In Series D

socalTECH

Santa Monica-based The Honest Company , which provides baby care, personal care, home care, and other healthy lifestyle products, said this morning that it has raised $100M in a Series D funding round. The company has now raised around $228M in funding.

Preparing Your Company for Sale

SoCal Tech Calendar

Thursday, January 31, 2019 -- Preparing Your Company for Sale. Whether you are acquiring a company or looking to merge your company with another, there are significant operational, practical and legal steps you should take to ensure that your company maintains its value and remains an attractive partner through the transaction. CONNECT.

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Udacity Achieves 50,000 Nanodegree Grads Amid Company Reorganization

Xconomy

Udacity , a pioneer in the online teaching of IT skills, is celebrating a milestone today—50,000 students have now graduated from one of its revenue-generating “Nanodegree” programs.

Elon Musk's Boring Company Abandons Plans for West LA Tunnel

socalTECH

Hawthorne-based Boring Company , the company created by Elon Musk to create a network of underground tunnels to bypass traffic in Los Angeles, has abandoned plans to dig a tunnel on LA's Westwide. The company had hoped to build a tunnel below the 405 freeway and Sepulveda Boulevard. The Boring Company said it still plans to dig its tunnel project under Los Angeles at Dodger Stadium, which is known as the "Dugout Loop".

The Honest Company Raises Series E Funding

socalTECH

Los Angeles-based The Honest Company , the natural home products brand, said late Thursday that it has closed on a Series E financing round. The round was led by Fidelity Management & Research Company, along with others. per share, a significant decrease from the company's prior valuation of $45.75. fidelity capital venture ecommerce retail baby products home natural thehonestcompany company honest

Wittlebee Acquires Clothing Company

socalTECH

has acquired a clothing company, Cottonseed Clothing Company , the firm announced today. Cottonseed Clothing Company is a provider of t-shirt and apparel for kids. Wittlebee said that Cottonseed was one the first vendors to supply clothing to the company. The firm also said that Cottonseed Clothing CEO Erin Gutierrez will continue to be involved in the manufacturing process for the company. clothes acquisition merger ecommerce science company clothing wittlebe

33 Tech Startups Make San Diego Venture Group “Cool Companies” List

Xconomy

It’s through that lens that the nonprofit organization, whose mission is to connect local startups with venture capitalists who are looking to invest, annually vets tech companies that apply for its “Cool Companies” program. What does it take for a tech startup to be considered “cool?”

LA Taxi Company Challenges Uber, Lyft, Sidecar

socalTECH

UITD--which is one of the companies working with competing smartphone app provider Flywheel to counter the other ridesharing companies--told the LA Weekly it has seen at least a drop of 30 percent in business from weekend club-goers in the South Bay and in West Hollywood.