Thu.Aug 26, 2021

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The shocking truth about employee loyalty

Berkonomics

How we often handle employment issues today. When we accept the work commitment from a person we hire, we make a pact with the new employee that often stops at agreeing to pay for service rendered and to provide a safe working environment. There should be more than that. . With some people you hire, you know you are just renting their services as they pass through your organization, aimed at a higher calling.

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Phase Four Wins US Space Force Contract

socalTECH

El Segundo-based space thruster developer Phase Four says it has won a U.S. Space Force contract, as a result of its participation at the SpaceWERX Pitch Day. According to the company, the contract calls for the company to use a US air force developed propellant and its radio-frequency thruster in a demonstration effort. Size of that US Space Force contract was not announced.

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Avidity Biosciences Shuffles Board

socalTECH

La Jolla-based biopharmaceuticals developer Avidity Biosciences has shuffled its board, saying today that it has named Eric Mosbrooker to its board, with Roderick Wong, M.D. departing. Mosbrooker is the chief operations officer for Cognoa. He also has served as chief commercial officer at Audentes Therapeutics overseeing the gene therapy business unit, in addition to serving at Horizon Pharmaceuticals.

Invest 113
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Happy Money Names Interim CEO

socalTECH

Orange County-based fintech startup Happy Money, which operates a service to help consumers better manage their money and pay off credit card debt, says it has named Jeff Winner as the company's Interim CEO. The company said its founder, Scott Saunders, will remain Chairman of the company. Winner previously served at such companies at Twitter, Stripe, and also was Chief Technology Officer for Marcus, Goldman Sachs' Consumer Business.

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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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Immortals Names New Exec

socalTECH

Los Angeles-based esports organization Immortals said this week that it has named Robert Yip as Head of Player Performance at the organization, in addition to making a number of promotions. Yip returns to Immortals, having previously been there in 2017 working with its League of Legends team. According to Immortals, Yip works with both the LCS and VALORANT teams on their physical, mental, and emotional well-being.

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AllVoices Takes $9.6M

socalTECH

Los Angeles-based employee feedback management software developer AllVoices said this week that it has raised $9.6M in its Series A funding round. The funding was led by Silverton Partners, and also included M13 Ventures and Crosscut Ventures. According to the company, the funding will go towards growth of its platform. The company's software allows for anonymous two-way communication, a whistleblower hotline, pulse surveys, and a case management system.