Fri.Jan 22, 2021

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6 Ways To Test Your New Venture Sustainability Early

Startup Professionals Musings

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Too many founders have learned that passion and free beta products do not imply a sustainable business.

Sales 165
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Avidity Biosciences Names Chief Technical Officer

socalTECH

La Jolla-based Avidity Biosciences, a biopharmaceuticals company which is developing oligonucleotide-based therapies, said this week that it as named W. Michael Flanagan, Ph.D., as its Chief Technical Officer. Dr. Flanagan was most recently Senior Director and Project Team Leader, Oncology and Immunology for Genentech, and also previously served at Sunesis Pharmaceuticals, Gilead Sciences, and Merck & Co.

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VIZIO Launches Free Sports Channels

socalTECH

Irvine-based smart television maker VIZIO is launching a set of free sports programming on its devices, saying this week that it has added NFL Channel, Pac-12 Insider, and beIN SPORTS XTRA, as well as the CBS Sports App to its VIZIO apps and free channels. The company said all of the three channels and the app are free to its SmartCast viewers. Terms of the content deal were not announced.

Content 113
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Elon Musk Puts $100M Into Carbon Capture

socalTECH

Elon Musk, the CEO and founder of Hawthorne, California-based companies SpaceX and The Boring Company said on Thursday that he is donating $100M to a new prize for the best carbon capture technology. Musk said more details would be announced next week. Musk has spoken in the past about the existential threat posed by climate change, and also runs Tesla--which makes electric cars, solar panels, and battery energy storage systems.

SpaceX 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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EVgo Goes Public Via SPAC

socalTECH

Los Angeles-based electric vehicle charging network operator EVgo said early on Friday morning that it will be going public, via an acquisition by a special-purpose acquisition company (SPAC). According to EVgo, it has entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation, with the combined entity expected to trade under the new ticker symbol EVGO.

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