Fri.May 28, 2021

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5 Entrepreneurship Challenges You Should Not Overlook

Startup Professionals Musings

Most entrepreneurs expect to face the “normal” challenges of starting a business, which include finding the right opportunity, building and executing a winning plan, and financing their venture. But many forget the pitfalls associated with traditional business jobs which can apply even to the smartest and most dedicated people running their own business.

Startup 152
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Mobilitie Up For Bid

socalTECH

Newport Beach-based wireless infrastructure provider Mobilitie appears to be up for bid, and is nearing a deal to be acquired for more than $1.3 billion by the Canadian Pension Plan Investment Board (CPPIB), according to Bloomberg. Bloomberg cited "people with knowledge of the matter" for the information. No other details of the private equity deal were detailed, however, apparently CPPIB outbid a number of private equity firms also looking at the deal.

Equity 113
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LiveXLive Acquires Gramaphone Media

socalTECH

Los Angeles-based livestreaming and podcasting company LiveXLive Media announced this morning that it has acquired Gramaphone Media, an artist and brand development company which was founded and is led by Eshy Gazit. Financial details of the acquisition were not announced. According to LiveXLive, Gramophone Media is an artist and brand development company which comprises boutique agencies specializing in PR, music and technology, A&R, strategic marketing, brand positioning, graphic design, and s

Media 113
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University Lab Partners, UCI Launches Startup Competition

socalTECH

Irvine-based University Lab Partners and the SBDC @ UCI Beall Applied Innovation said this morning that the two organizations have launched a new, startup competition, which is aimed at accelerating both life sciences and technology startups. According to the two, the competition--aimed at startups in Orange County--will offer up $20,000 for technology startups, and $23,400 in lab space to life sciences companies, and a similar $23,400 offer to companies specifically developing antibiotic suscep

UCI 113
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Bird Rolls Out New Scooter, The Bird Three

socalTECH

Santa Monica-based micro-mobility company Bird has rolled out a new scooter, the Bird Three, which it claims is the "world's most eco-conscious scooter." According to Bird, the new scooter was specifically developed to offer up carbon emissions which are as low as possible, and features a new, 1kWh battery, which it says fixes the problem with current batteries, which it says require more frequent charging and leads to higher overall manufacturing emissions and require more vehicle miles travele

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FIGS Surges In IPO Debut

socalTECH

Los Angeles-based FIGS, which makes medical scrubs and other apparel, has surged in its IPO debut, pricing on Wednesday night at $22 a share, and ending Thursday up 36% in its debut to 30.02. The IPO raised $1.02 billion for the company, and values the company at more than $4.6 billion. The IPO priced above an earlier estimated IPO price of $16.00 to $19.00 per share.