Wed.Apr 01, 2020

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Hard Decisions Require Empathy

Both Sides of the Table

In the past two weeks we have entered perhaps to most surreal experience in any of our lives. I think intuitively many of us believe it may be a more lasting impact than just “60 days at home,” which is why we almost have a nervous laughter when we call (Zoom!) somebody we haven’t spoken to since before the crisis and acknowledge how bizarre we all feel right now.

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Tim Draper’s Los Angeles-based blockchain-focused venture studio adds a venture partner

TechCrunch LA

The Los Angeles-based venture capital studio focused on blockchain and fintech startups which longtime venture investor Tim Draper now calls home has added a new venture partner to its team. Draper Goren Holm , the firm Draper manages alongside co-founders Alon Goren and Josef Holm said Rodney Sampson has joined the crew as a venture partner. Sampson previously founded Multicast Media Technologies, which was acquired for $24 million back in 2010 and was a partner at TechSquare Labs, which has a

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Omnidya Names CTO

socalTECH

Los Angeles-based artificial intelligence software developer Omnidya announced this morning that it has named Akshay "Ed" Vachhani as its Chief Technology Officer. Vachhani previously had served as Executive Director of Data and Analytics at Morgan Stanley. Vachhani also previously served at Morgan Stanley and Credit Suisse. Omnidya says it is using artificial intelligence to develop an IoT product used for home and auto insurance.

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8 Brand Models To Attract Your Perfect Fit Customer

Startup Professionals Musings

Attracting the right customers is the key to success in business, whether you have a new startup or a mature enterprise. In my role as an advisor to entrepreneurs, I often see struggling businesses trying to be too many things for too many people, resulting in customer confusion, initiatives executed poorly, and high costs, few customers, and slow growth all around.

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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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Tot Squad's Baby Gear Cleaning Service Acquired By BabyQuip

socalTECH

Los Angeles-based TotSquad , which operates a marketplace that connects new parents with various services, has sold its baby gear cleaning services to San Francisco-based BabyQuip. Financial terms of the acquisition were not announced. According to TotSquad founder Jennifer, it will now shift its focus to offering virtual services, including doula coaching, lactation support, sleep consultation and moreespecially helpful for new parents who are confined at home in the midst of shelter-in-place

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Aspen Neuro Adds $70M to Test Parkinson’s Cell Therapy in the Clinic

Xconomy

Parkinson’s disease patients experience progressive breakdown of their neurons, cells essential to movement and mental function. Aspen Neuroscience, a biotech working to develop a therapy that would reprogram those patients’ own living cells in ways that would allow the cells to reconstruct their damaged neural networks, has raised $70 million in a Series A financing round.

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Rubicon Project, Telaria Complete Merger

socalTECH

Los Angeles-based online advertising exchange Rubicon Project nd New York-baesd Telaria said this morning that the two companies have completed their previously announced merger. The two said the merged company is now the world's largest independent sell-side advertising platform. The new company will continue to trade on the New York Stock Exchange as RUBI; the combined company said it will be launching with a new name in the coming months.

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Aspen Neuroscience Gets $70M

socalTECH

San Diego-based Aspen Neuroscience , a biotechnology company developing treatments for Parkinson disease, said it has raised $70M in a Series A funding round. The funding was led by OrbiMed, and also included ARCH Venture Partners, Frazier Healthcare Partners, Domain Associates, Section 32, and Sam Altman. The company, led by CEO Dr. Howard Federoff, says it is using innovative genomic approaches combined with stem cell biology to deliver patient-specific, restorative cell therapies that modify

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