Wed.Jul 10, 2019

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The future of car ownership: Cars-as-a-service

TechCrunch LA

Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service. In the first part of this feature , we explored the different startups attempting to change car buying.

Services 212
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Chatmeter Finds Private Equity Funding

socalTECH

San Diego-based Chatmeter , a provider of local search marketing and reputation management services for multi-location businesses, has raised a round of investment from private equity investor Providence Strategic Growth (PSG). Financial details of the investment were not announced. Providence Strategic Growth is the growth equity fund of Providence Equity Partners.

Equity 133
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Silicon Beach Report July 10: Snap's Yellow Accelerator Welcomes New Startups

L.A. Business Journal

Yellow accelerator welcomes new startups; Tinder targets Asia expansion; LauncherOne schedules drop test

Startup 100
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Tinder Aims At Emerging Markets With Tinder Lite

socalTECH

Los Angeles-based dating app developer Tinder says it is rolling out a lightweight version of its app--"Tinder Lite"--aimed at use in emerging markets, where data access is limited and more costly for its users. According to Tinder, it will first roll out the lightweight version of its app in Southeast Asia, later this summer, on Android. Tinder Lite will require 25x less space on devices, according to Tinder, and also reduce network usage by about 20 percent.

Marketing 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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8 Ways To Learn From Your Team And Succeed Together

Startup Professionals Musings

Starting and running a company is a team effort. Yes, it takes a leader (entrepreneur), but you can’t do it alone, without a team. Maybe only you and a co-founder comprise the team at first, to provide key skills, back you up, and test your ideas. As the startup grows, the team has to be able to really push you in making growth decisions, rather than you pulling them along.

Startup 95
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Semtech Gets LoRa Win With Food Safety Product

socalTECH

Camarillo-based analog and mixed signal semiconductor developer has scored another design win with its LoRa wireless connectivity technology. According to Semtech, Laird Connectivity, a developer of wireless products, is using its technology in a smart temperature monitoring solution. Semtech said that Laird's products are being deployed for restaurants such as Shake Shack, Five Guys, and Hard Rock Cafe.

Product 113

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How Halla Is Using AI To Personalize Food, With Spencer Price

socalTECH

For this morning's interview, we spoke with Los Angeles-based Halla , a venture backed startup, focused on personalized recommendations for the food ordering industry. The company has raised $1.9M in seed funding, from E&A Venture Capital and SOSV. We spoke with CEO and co-founder Spencer Price to learn more about the company. What is Halla? Spencer Price: Halla is the only software company to dynamically profile human tastes so we can help people make better choices.

Pricing 113
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Record Exit Value for VC-Backed Startups Could Fuel Investment

Xconomy

More than a third of the companies that went public in the first half of this year were backed by venture capital. That, plus robust merger and acquisition activity, set a record for venture-backed exit value—$165.2 billion in money returned to investors—that’s already topped all other full-year totals, according to the latest VentureMonitor, the quarterly report on venture capital investment complied by the National Venture Capital Association and PitchBook.