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

Productivity in Your Pocket

Xconomy

Like a dream, or a nightmare, e-mail—which is still the go-to work productivity app—became 100 percent mobile, available anytime you wanted or needed, day or night. Smartphone Productivity App Insurgence. The app that you use is the one in your pocket.

Trending Sources

Here's One Tech Company With No Gender Issue: LA's Evite

socalTECH

With all the hand wringing in the tech industry over gender balance and equity, here's one company that apparently has no issue: LA-based Evite , the online invitations service. Evite said that women head up its Product, Analytics and Data Infrastructure, Mobile Development, Testing and Advertising Operations, in addition to HR Legal & Operations, Process Excellence, Sales Strategy, and Corporate Communications & Business Development. The company is led by CEO Victor Cho.

Evite 54

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.

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.

Why Email May Be Draining Your Company’s Productivity

Both Sides of the Table

That great productivity drain that we somehow all buy into. So I ask you – if you’re being reactive to somebody else’s emails are you really being as productive in your company as you could be? I spend tons of time each day on portfolio company issues.

Email 67

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.

DataPop Launches New Ad Product

socalTECH

Los Angeles-based DataPop , the product advertising technology developer headed by Jason Lehmbeck, has launched a new product aimed at retailers. According to DataPop, its new OmniAds product uses a retailer''s merchandise catalog to drive advertising on such sites as Google, Bing, Pinterest, Polyvore, Ebay, and Amazon. DtaPop said that so far, the product is being used by such customers as Pier 1 Imports. datapop advertising catalog retailer products ecommerce

TeleSign Names New Chief Product Officer

socalTECH

Los Angeles-based TeleSign announced this morning that it has it named Tom Powledge as the company's new Chief Product Officer. Powledge was previously Vice President and General Manager at Hewlett Packard Enterprise (HPE), where he managed the company's ArcSign business. Prior to HPE, Powledge was Vice President of Managed Security Services at Cisco Systems, and also spent 20 years at Symantec.

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?"

VC Confessions: I Don’t Really Care About Your Product Demo

InfoChachkie

The entrepreneur cannot wait to show me their product via a demo. You’re the first one I’ve met who didn’t want to see our product.” Note: I invest almost exclusively in b-to-b software companies. An interface that is engaging can fool customers into trying a sub-par product.

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

A recurring entrepreneurial challenge is to determine the optimal price of a new product, especially absent a directly competitive alternative. Yet, the value of your solution will vary by customer, based on the utility each derives from your product.

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.

Hiring Developers Before Product/Market Fit?

SoCal CTO

The problem is you don't yet have product/market fit, and until you do, you don't really know what to build. And that should be the focus of the founders -- to find the special fit that will make your company take off. They need to determine product/market fit.

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. We’re going to start aggressively spend money on marketing our product.

Spreeify Launches New Mobile Ad Product

socalTECH

Los Angeles-based Spreeify , the developer of display ad technology which is led by Ruben Dua, has rolled out a new product aimed at the mobile market.

OpenX 71

Be Honest About Whether Your Product Really Makes a Difference

Both Sides of the Table

The law of large numbers, platforms that can make your company blow up unexpectedly and the trendy nature of tech markets can be deceiving. This is why I loved Brad Feld’s recent post about the “ illusion of product / market fit.” Are our users addicted to our product? But if users don’t come back to your product directly and often I question whether you have a sustainable product / company.

Pelican Products Buys UK Company

socalTECH

Torrance-based Pelican Products , which is best known for its protective cases and flashlights and other lighting systems, said late Monday that it has acquired UK-based Cool Logistics , a developer of temperature controlled packaging products. According to Pelican Products, it will merge Cool Logistics with its previously acquired Minnesota Thermal Science brand, which is part of its biopharmaceuticals division.

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.

CraveOnline Sets Up Its Own Production Studio

socalTECH

The company said it has opened up a new, 4,000 square foot studio at its Los Angeles headquarters specifically to create original video. The company said the studio includes a green screen, "numerous" sets, and state-of-the-art equipment. CraveOnline said it has a new production team of 10 people behind the studio. craveonline production studio publishing male video content

Shopatron Launches Product Locator Tool

socalTECH

San Luis Obispo-based Shopatron , which develops software which helps manufacturers direct online orders to local retailers, said it has launched a new product aimed at product search. Shopatron said its new product, Local Product Search, helps customers find products from brands, offering up real time, local product inventory to those customers. The company says its new tool instead directly points consumers at available inventory of product.

Tool 25

No Doubt About It: You Need Video Ads for Your Company

Tech.Co

And while independent freelancers offer alternatives, it’s still a bit too expensive and time consuming for startup companies. Tech-based companies immediately understand the need for an explainer video to showcase the rich features of their app or web platform.

YP Rolls Out New Search Advertising Product

socalTECH

Los Angeles-based b> YP , the provider of business search and local marketing services, said today that it has launched a brand new product. YP said it has launched ypSearch , a new product aimed at small business owners, which both provides search ads on YP''s properties, as well as on major search engines. The company said the tool not only lists ads on its own properties, but also delivers those ads to Google, Bing, and Yahoo.

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.

Meet the 2017 Startups from the Disney Accelerator

Tech.Co

What you might not realize is that the adorable droid was the brain child of Sphero, a robotics and digital technology company and an alumni to the Disney Accelerator program. Brit + Co is a digital media company that inspires, educates and entertains real women with a creative spirit.

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.

Building Products for Mass Adoption

Both Sides of the Table

Chris Dixon wrote a blog post last week titled, “ Techies and Normals &# in which he defined “Techies&# as people who are not just “early adopters&# but also have more of a geeky, technical, product bent. They use products because the products solve a need they have.

AnyMeeting Debuts New Web Conferencing Product

socalTECH

AnyMeeting , the developer of web and video conferencing software aimed at the small business market, said today that it has launched a new, web conferencing product called AnyMeeting Company Pro. According to the company, the new tool provides set price access to its services to companies with up to 50 employees, allowing companies to purchase a plan which covers all of their employees at a fixed price. anymeeting conferencing product small business meeting

Jessica Alba's The Honest Company Scores $27M

socalTECH

Online, eco-family products company The Honest Company , started by celebrity Jessica Alba and Los Angeles e-commerce master Brian Lee, said late Friday that it has raised $27M in funding. ecommerce celebrity products baby shoedazzle brian alba jessica honest

Return on Productivity (ROP) – How Do You Measure the Success of Your Company Culture?

Frank Addante

At Rubicon Project, we manage culture just like a product. Today, we are working on a prototype of a new measurement metric that we call ROP (Return on Productivity). The Return on Productivity metrics will be directly tied to business value (e.g.

Build a company – not just a product.

Berkonomics

She stated that she had rejected the investment being discussed, because in her mind the entire company was “just a button, on a feature, in an app.” If you have invented a game that will be marketed as a new app in the app store, have you created enough of a model to create an ongoing company, or just another app that will compete with the hundreds of thousands already in the store? Can you extend your product into a planned series?

Ideas 14

Build a Product-Driven Company

Frank Addante

If you want to manage a hyper-growth company, start with a great product. The best product wins. With a great product comes great customers, and with customers comes revenue and profit, which in turn can be used to build more great products.

Google Enters Financial Products Comparisons Market

socalTECH

Search engine giant Google has made its entree into an area long dominated by Southern California technology startups: financial products and leads generation. The new service puts Google into the same space as such local companies as LeadPoint , LowerMyBills , Oversee's Low.com , and others. google advisor financial products leads mortgages rates leads360

FAQ 44