Thu.Sep 30, 2021

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Have you accidentally created a “power vacuum?”

Berkonomics

Here’s a question to help you decide if you’re guilty. How many times have you heard someone say, “Let’s do it now and ask permission later?” Have you done it in front of your cohort? That’s a common practice in companies where there is a barrier between levels in the chain of command, or lack of communication between people who work together or even for you as a leader.

Resource 156
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Evite Names New CTO, VP Marketing

socalTECH

Los Angeles-based online invitations service Evite said this morning that it has appointed two new executives, adding Thanh Khuu as Chief Technology Officer and Karen Graham as Vice President of Marketing and Brand. Khuu had previously served as Chief Technology Officer at ShoeDazzle, in addition to other roles; Graham most recently was Vice President of Marketing at Nordstrom for the off-price online and brick-and-mortar division.

Evite 113
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Acrew Capital, With Presence In LA, Launches Two Funds

socalTECH

Acrew Capital, the venture capital fund which recently added local Los Angeles investor Richard Wolpert as a Venture Partner, said this week that it has launched two new funds. The venture fund said it launched The Long Term View (LTV) Fund, a ~$380MM early stage fund and the Diversify Capital Fund (DCF), a $300MM late stage fund. Acrew Capital is specifically targeting more diverse startups; the fund's leadership is 67% women and/or underrepresented minorities, with over half of its team immigr

Capital 113
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Slingshot Aerospace Launches Space Simulation Tool

socalTECH

El Segundo, California- and Austin, Texas-based Slingshot Aerospace says it has launched a new, educational space simulation tool, which it says is aimed at workforce preparation, training, and education. According to the startup, the tool--which is aimed at novice users with no scientific background--teaches the fundamentals of astrodynamics, and provides visual representation of complex mathematics and theories.

Tool 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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Virgin Galactic Cleared After Air Traffic Control Snafu

socalTECH

Virgin Galactic, the space flight and tourism company led by Virgin Galactic, has been cleared to fly again following an FAA inquiry into the company's re-entry from space in July. Virgin Galactic had been under investigation for diverging from its air traffic control clearance at it returned to earth with founder Sir Richard Branson on its Unity 22 flight.

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