Thu.May 24, 2018

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How to Improve Your Odds of Getting to Yes with a VC — “Land and Expand”

Both Sides of the Table

If you’ve read any of my ongoing series on fund raising from venture capitalist (episode 1?— ?controlling your psychology ) you no doubt have heard me say that raising capital is a sales & marketing process. You company is the product and you’re selling an equity ownership in your company but much more broadly you’re selling trust & confidence that you’re going to build something enormously valuable and that you’re going to be enjoyable to work hand-in-hand with over the coming decade of

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You are your company’s moral compass.

Berkonomics

Here’s yet another story that you may identify with – or have yet to experience in your business life. It’s one of those that define your leadership for all to see, sometimes based upon decisions made in the moment – such as this one. A story of a CEO’s snap judgment call. Years ago, when I was CEO of my record manufacturing company in Hollywood, I happened to walk around the plant into the press room just as Bobby, one of the employees’ favorite coworkers, was offering stolen merchandise to his

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UCLA's Magnify Opens Accelerator To LA Tech, Life Sciences Startups

socalTECH

Magnify , the startup incubator which is part of UCLA's California NanoSystems Institute (CNSI), says it has opened up its incubator to the greater Los Angeles area, and is now inviting startups in the early stage technology and life sciences areas to join its program. According to Magnify, it is looking for companies working on technology in the life science, medtech, IT, and advanced materials area for its program, which is based at UCLA.

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Silicon Beach Report May 24: Justice Department Launches Cryptocurrency Probe

L.A. Business Journal

Justice Department investigates cryptocurrency and price manipulation; PeerStreet passes $1 billion mark in real estate loans; UCLA Magnify looks for tech and life science startups.

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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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AutoGravity Names Engineering VP

socalTECH

Irvine-based AutoGravity , which provides smartphone-driven car financing tools, has named Jason Bonifay as its new Vice President of Engineering, the company said this morning. Bonifay was previously VP of Development for Product and Engineering at CDK Global, and also served as VP of Software Engineering at Bankruptcy Management Solutions (BMS), and Chief Technology Officer at Propero Software.

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Silicon Beach Networking Mixer at The Room in Santa Monica (Complimentary Drinks)

SoCal Tech Calendar

Wednesday, May 30, 2018 -- Silicon Beach Networking Mixer at The Room in Santa Monica (Complimentary Drinks). Wednesday, May 30th Starting at 6pm! Complimentary Drinks, Presentations, and Networking! Meet new people and participate in lively discussions with outstanding names in the Silicon Beach community. Make sure to bring your business cards and be ready to make awesome connections with people across all industries.

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Bloom Science Plans to Advance Microbial Treatment for Epilepsy

Xconomy

Bloom Science , a biotech founded to advance a new class of microbe-based therapeutics for neurological disorders, is making its debut today with the publication of research that suggests certain bacteria in the gut could be used to manage epileptic seizures. The research, published in the journal Cell , indicate that several specific strains of bacteria work together in mice to provide neuroprotective effects against epileptic seizures.

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Bird Relaunches Electric Scooter Service In Austin

socalTECH

Santa Monica-based electric scooter rental service Bird relaunched its services in Austin, Texas this week, after receiving a permit for its scooters in the city. The company had attempted to launch in Austin last month, but had to pull its scooters from operation after the Austin City Council passed an emergency ordinance prohibiting the scooters, and allowing cit workers to impound any scooters left on sidewalks.

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Request Your Invite for Our Napa Summit, June 14-15

Xconomy

In two and a half weeks, Xconomy will host our seventh annual Napa Summit: The Xconomy Retreat on Technology, Jobs, and Growth. In the heart of California’s wine country, it is our most exclusive, intimate, and unique conference. There are only a few tickets left—so request your invitation today to join fellow exemplary executives, innovators, investors, technologists, and entrepreneurs.

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PeerStreet Tops One Billion In Real Estate Loans

socalTECH

Los Angeles-based real estate loan marketplace PeerStreet the startup founded by Brew Johnson, Brett Crosby and Alex Perelman, said on Wednesday that it has just topped one billion in total loans on its platform. The company is venture backed by World Innovation Lab, Andreessen Horowitz, Thomvest, Colchis Capital, Felicis Ventures, Solon Mack and Navitas Capital, and just raised a $29.5M funding in April.