Thu.Jul 19, 2018

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Faster is sometimes more valuable than better.

Berkonomics

And d oing both well usually wins the day. This is one of those arguable insights, where both sides win. Dell is a great example of emphasis upon fast, creating a customized computer in 48 hours or less, bringing in assemblies and components just-in-time to make the assembly line. However, if Dell quality were poor and returns high, the company surely would not have survived on speed of response alone.

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j2 Global Buys Two More Companies, Line2 and Mosaik

socalTECH

Los Angeles-based j2 Global , which has made an art out of buying small companies and incorporating them into a large portfolio of acquired companies, has acquired two more companies, saying this morning that it completed two more acquisitions in Q2. j2 Global said it acquired certain assets of Line2, which will join its cloud services arm, and Mosaik Solutions, which will become part of its digital media operations.

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Silicon Beach Report July 18: L.A. Hyperloop Outfit Wins China Contract

L.A. Business Journal

Hyperloop Transportation wins China contract, StartEngine accepting bitcoin; HyreCar partners with dealerships

Report 113
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Kumbaya Expands Board

socalTECH

Rancho Palos Verdes-based Kumbaya , which is developing a device to bring solar- and battery- powered Internet connectivity and content to third world communities, said today that it has added a United Airlines IT executive to its board. According to Kumbaya, Silvia Prickel has joined its Board of Directors. Prickel is currently Managing Director of Application Development for United Airlines, where Kumbaya said she has spent the past 12-years in the IT department.

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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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If the Shoe Fits: Luxury Shoe Club Launches E-Consignment Store

Xconomy

One in five pairs of shoes sit unworn in the average woman’s closet. So, why not sell these unused, or slightly used, pairs to someone who will wear them? That’s the view of Scott Van Valkenburgh, co-founder of Luxury Shoe Club, a Raleigh, NC-based startup that caters to women who want to buy and sell high-end designer footwear. “This is a way for people who love shoes to trade them,” he says.

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Hyperloop Transportation Technologies Aims At China With Test Track

socalTECH

Los Angeles-based Hyperloop Transportation Technologies has signed a deal to bulid a test track in China, in the province of Guizhou, the company disclosed on Wednesday--the first big deal the company has in China to deploy its technology. The company--one of several in Los Angeles looking to build the Hyperloop high speed transportation tubes first envisioned by Elon Musk-- reportedly will build the test route in the Tongren prefecture, with an initial track length of 10km.

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Reali Finds $20M For Expansion To Southern California

socalTECH

Reali , a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital. The startup, led by CEO and co-founder Amit Haller, says it will use the funding to expand its product development efforts in artificial intelligence, double its headco

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StartEngine Starts Accepting Bitcoin For All Crowdfunding Offerings

socalTECH

Los Angeles-based StartEngine , the online crowdfunding marketplace which helps startups and other companies raise capital, said this morning that it has begun accepting Bitcoin as a form of payment. StartEngine--which is taking advantage of the new SEC's new crowdfunding rules to help connect individual investors with companies--said investors can now make investments in any companies on its "funding portal" using Bitcoin.