Thu.Jan 11, 2018

Tech Scenes: Brew Johnson of Peerstreet

socalTECH

Welcome to Tech Scenes where we explore what makes tech founders and the cities they live in thrive.

E-Commerce Firm Black Rifle Coffee Has Expansion in Its Sights

Xconomy

There wasn’t a lot that Evan Hafer could control on his half-dozen deployments to Iraq and Afghanistan as a Green Beret and CIA contractor. But the one thing he could do something about was the terrible coffee. “I I started roasting my own coffee and taking it with me overseas,” he says. “I

Internet Brands to Acquire Lawyer Search Website Avvo

L.A. Business Journal

Internet Brands has reached an agreement to acquire Avvo Inc., an online directory of law firms and legal services, for an undisclosed amount, according to a press release

Renovate America Names CFO

socalTECH

San Diego-based Renovate America , which provides home improvement financing for energy efficiency projects, said this week that it has named Adam Garfinkle as its Chief Financial Officer. Garfinkle was most recently SVP and Head of Capital Markets for Renovate America, and has been at the company since 2015. Garfinkel previously had spent 13 years as Head of the Asset Backed & Mortgage Backed Structured Finance Group at Bank of America Securities.

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LoanHero Acquired By LendingPoint

socalTECH

San Diego-based LoanHero , which had offered up a service to help merchants offer up point-of-sale financing options to consumers, has been acquired by Georgia-based LendingPoint. Financial details of the deal were not announced. According to LoanHero had been venture backed by Alsop Louie Partners and Mucker Capital, and had raised $4.2M in total funding. LoanHero had been founded in 2014. LoanHero's Chairman and CEO was Zalman Vitenson. READ MORE>>.

Toyota, Ford, Aptiv, Baidu Lead Crowd Pushing Mobility at CES

Xconomy

In the past, the tech conference CES has primarily highlighted consumer electronics and other cool gadgets, but as automakers continue their quest to be taken seriously by the tech industry, the Las Vegas show held every January has increasingly become the venue of choice for car companies that want to show off their latest autonomous and electric vehicle developments. This year, the mobility sector had its largest presence at CES yet.

What’s a company board good for, anyway?

Berkonomics

Some of you have gotten along forever without a board of directors, or used your spouse as the “other” board member from the start. But there are some very good reasons to build a great board composed of some outside members. And good board members can add real value to you and the company.

Ideas 54

LendingPoint Adds Point-of-Sale Financing with LoanHero Buyout

Xconomy

LendingPoint , an online provider of direct loans to consumers, has acquired LoanHero , the San Diego fintech with technology that enables merchants to extend instant financing to consumers at the point of sale. Financial terms of the buyout were not disclosed in an announcement Thursday.

Sales 56

Loving LTE or Tossing the Smartphone: Tech Leaders Share New Habits

Xconomy

We asked people around the Xconomy network whether their personal patterns of technology usage changed much in response to something that happened in 2017, as part of our series of perspectives and predictions marking the start of a new year.