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.

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.

Demand 284

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

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

Here’s a rule for companies with outstanding loans

Berkonomics

Here is one that is so important to the continued health of a growing company that it cannot be overstated. Long term debt is taken on for the acquisition of fixed assets such as equipment, cars, facilities and acquisitions of companies or their assets.

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

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.

Sales 170

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.

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.

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 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.

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.

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.

Sharp Display Company, Flying Eagle Systems Move To LA Arts District

socalTECH

Sharp Display Company , a unit of Sharp Eectronics Corporation which develops TFT-LCD products, plus Flying Eagle Sytsems , a new company created by Foxconn crated to "drive innovation in the display industry", announced today that they have set up shop in downtown Los Angeles. The companies said they have opened up a new, 13,000 square foot creative work space at ROW DTLA. sharp display company flying eagle japan japanese dtla technology office expansion development fashio

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.

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.

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.

Selecting a Web Development Company

SoCal CTO

What I didn''t discuss was how you should go about selecting the right company. I just got an email asking about exactly this: I''m with a new company that needs some software built, but doesn''t need (or have the resources for) a large staff of software developers.

Boring Company Wires Massive Tunnel Digging Machine To Game Controller

socalTECH

In a move that will surprise no one who is familiar with the antics of Elon Musk , Musks's tunnel-digging-and-transportation-system company The Boring Company has wired its tunnel digging machines to a rather unexpected controller: an Xbox controller. In a video released by the company over the weekend entitled "Best video game ever", The Boring Company shows its tunneling machines controlled using the ubiquitous game controllers, rather than any sophisticated custom equipment.

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

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

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.

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 Distributes First 1000 Boring Company Flamethrowers

socalTECH

Watch out, Los Angeles--the first 1,000 "flamethrowers" being sold by Elon Musk's company, The Boring Company , were distributed on Saturday. The flamethrowers--conceived of by Musk partially as a joke in January --are the second off-the-cuff product sold by The Boring Company, which is developing tunnel boring technology for digging underground transportation tunnels across cities. The Boring Company previously sold thousands of hats with the company's logo.

The Boring Company Aims To Connect Red Line, Dodger Stadium

socalTECH

The Boring Company , the Los Angeles company founded by Elon Musk to create underground transportation systems, said late Wednesday evening that it is proposing a new, high speed, underground public transportation system specifically designed to connect Los Feliz, East Hollywood, or Rampart Village neighborhoods to Dodger Stadium. According to The Boring Company, the system would connect the Red Line to Dodger Stadium, allowing fans to get to Dodger Stadium in under 4 minutes.

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

j2 Global Buys Five More Companies

socalTECH

Los Angeles-based j2 Global , which owns a large portfolio of Internet services, including such services as eFax, eVoice, Campaigner, Livedrive, as well as online media outlets like IGN, Mashable, PCMag, Everyday Health, and others, has acquired five more companies. j2 Global is one of Southern California's largest Internet companies-- the firm is expecting $1.2

The Walt Disney Company Contributes $1M To Hurricane Michael Relief Efforts

socalTECH

The Walt Disney Company , which is based in Burbank, said late Thursday evening that it has donated $1M in aid to relief efforts in Florida and nearby areas, after a devastating hit by Hurricane Michael this week. walt disney company hurricane michael florida disaster charity relief

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.

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

Local Energy Firm Executive Forms Project Financing Company

L.A. Business Journal

a downtown provider of micro waste-to-energy systems, has formed a separate project financing company that will use blockchain and smart-meter technology to better target potential customers, Arensis announced Sept. The chief executive of Arensis Corp.,

Report: Unilever Eyes The Honest Company

socalTECH

Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. The Honest Company has been hinting that it has been working on a possible IPO filing over the last year or so. honestco honest company jessica alba unilever merger acquisition rumor exit

OpenX Acquires Two Companies

socalTECH

Los Angeles-based OpenX has acquired Mezzobit and PubNation , two companies in the programmatic advertising space, the company said on Monday. Financial details of those acquisition were not announced by the company. According to OpenX, it plans to integrate Mezzobit and PubNation's tools into its platform.

OpenX 116

Boring Company Wins $1 Billion Chicago Transport System Deal

socalTECH

Chicago has selected Los Angeles-based Boring Company , the tunnel-transportation-hat-and-flamethrower company run by tech mogul Elon Musk, for a $1 billion transportation system. According to Emanuel will be fully funded by Boring Company, with "no taxpayer subsidies". boring company chicago transportation system

Framework Benchmarks

TechEmpower

Application performance can be directly mapped to hosting dollars, and for a start-up company in its infancy, hosting costs can be a pain point. About What we do Portfolio People Blog Contact. You are viewing a single entry. Please also check out the most recent entries. March 28, 2013.