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The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

TechCrunch LA

There were, of course, those who used the opportunity to make a marketing push or pitch a story. I will repeat my appeal from last week: Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. It wasn’t just the number of you who reached out.

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XCOR Aerospace Files For Chapter 7

socalTECH

XCOR had been one of a number of companies in Southern California pursuing the commercial space market. The bankruptcy follows a layoff of all of the company's employees in July , when it said it was unable to raise money to further fund its spacecraft development efforts.

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Should Startups Announce Their Funding?

Both Sides of the Table

Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. Is Funding a Worthy Announcement? There are reasons you may delay funding announcement but rarely reasons not to announce. But trust me on this.

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Blippar, Backed by Qualcomm Ventures, Calls It Quits

socalTECH

UK-based augmented reality technology developer Blippar , which had been backed by Qualcomm Ventures, has gone into administration in the UK--their equivalent of bankruptcy--after failing to obtain new funding for the company. Blippar said it expects a court appointed administrator to find a buyer for all or parts of the business.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

That keeps people from pushing themselves to develop the kind of new solutions that will permanently change the business for the better, versus short-term band-aids. Strategic threats, including new competitors, market changes, and environmental issues need deeper analysis and full resolution, before they jeopardize your business survival.

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Cortex Pharmaceuticals Lops Half Of Workers

socalTECH

Irvine-based Cortex Pharmaceuticals , a developer of biopharmaceuticals for treating psychiatric disorders, neurological diseases and brain-mediated breathing disorders, said Thursday that it has cut half of its staff as part of a restructuring. Tags: employment layoff cortex pharmaceuticals psychiatric lifescience.

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High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

I work hard to create working relationships with my fellow non-management board members in the same way that every investor ultimately works to develop strong working relationships with founders. this requires a strong knowledge of market data, employee performance, company performance relative to market and available resources?—?cash

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