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Bird Expands Into Bike Share

socalTECH

Los Angeles-based Bird says it is expanding into the bicycle sharing market, unveiling a new electric bicycle and a program to support what it calls "multimodal" cities. According to Bird, its new Bird Bike is designed for longer, 3-5 mile trips, and are equipped with a high-powered motor capable of handling hills with up to a 20% grade.

Startup 113
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GM exits car-sharing business and shuts down Maven

TechCrunch LA

GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently.

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Design Therapeutics Sets IPO Offering Range

socalTECH

Carlsbad-based Design Therapeutics, a company developing treatments for serious degenerative disorders, has set an expected IPO offering range of between $18.00 per share, the company said in a filing this week. and $20.00 The company has applied to list on the Nasdaq Global Market as DSGN.

Design 113
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10 Principles Define You As A Design Thinking Leader

Startup Professionals Musings

As a business advisor, I strongly believe that continuous innovation and design thinking are the keys to long-term viability and success. A classic survey of design professionals shows strong agreement, but 92 percent expressed some lack of confidence in their organization’s design vision.

Design 106
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Share Ventures, an LA-based studio for company creation, is MoviePass co-founder Hamet Watt’s next act

TechCrunch LA

Now, the serial entrepreneur and startup investor is combining his two career paths under the auspices of Share Ventures. “I love solving problems with design and entrepreneurship. Share Ventures’ initial focus will be on two main areas, the future of living and the future of working. Image Credit: Share Ventures.

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Leaf Group Acquires Deny Designs

socalTECH

Santa Monica-based Leaf Group , which is led by Sean Moriarty, said on Thursday that it has acquired home decor brand Deny Designs. for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado. Leaf Group said it paid $12.0M

Design 113
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Fisker Teases Design Of New Car, In Deal With Foxconn

socalTECH

Details on the new vehicle so far are light, but Fisker said that Foxconn is jointly investing in the vehicle, and will share the proceeds from sales. The design is going to be freaking amazing! Manufacturing is reported to be targeted at Q4 of 2023. Signed and sealed!

Design 113