Startup Professionals Musings
OCTOBER 13, 2021
As a long-time business consultant and investor, especially to entrepreneurs, I recognize your sparkle of vision , to build the ultimate world-changing product. Every one of you sees yourself as the next Elon Musk, Jeff Bezos, or maybe even Steve Jobs. Yet most of us succumb after a time to the short-term pressures of growing a business, and the long-term vision gets pushed aside.
socalTECH
OCTOBER 13, 2021
The former CEO and founder of Los Angeles-based advertising exchange Rubicon Project, Frank Addante, has launched a new, startup investment fund, he announced on Wednesday, saying that after a brief foray into retirement he decided to launch TinkerBarn Ventures, a new startup studio and early stage investment fund. Addante--who recently has been living in Park City, Utah--said he is forming the new fund with partner Brynn Moynihan.
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socalTECH
OCTOBER 13, 2021
Irvine-based esports company Allied Esports Entertainment says it has named a new CFO, saying on Tuesday that it has named Roy Anderson to the post. Anderson replaces prior CFO Anthony Hung, who had been at the company since September of 2019. Allied Esports was most recently a partner with accounting firm Mazars USA, where he served as an audit, tax and advisory partner in the TMT Group of Mazars.
socalTECH
OCTOBER 13, 2021
Los Angeles-based Optimad Media, a performance marketing company focused on the consumer packaged goods and film and entertainment market, says it has acquired majority stakes in two companies, DSPolitical and UNTU. Financial details of those acquisitions were not announced. DSPolitical was based in Washington, DC, and offered up advertising for political candidates and public affairs campaigns.
Advertiser: Aggregage
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.
socalTECH
OCTOBER 13, 2021
Long Beach-based space launch provider Rocket Lab said on Tuesday that it has acquired Advanced Solutions, Inc., a Colorado-based aerospace engineering which provides space software, mission simulation and test systems. According to Rocket Lab, it is paying $40M for the company, with a potential for an additional $5.5M in earnout. The companies said that Advanced Solutions's spacecraft flight software has been used across more than 45 spacecraft for aerospace prime contractors, the U.S.
socalTECH
OCTOBER 13, 2021
San Diego-based Cellibre, which says it is developing ways to produce cannabinoids using pharmaceutical cell lines rather than traditional agriculture, has raised $11.5M in a Series A funding. The company said the funding was led by Merida Capital Holdings, and also included Scott Gordon, Flatiron Venture Partners, L2V, Entourage Effect Capital, and Delta Emerald Ventures.
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