Thu.Jul 22, 2021

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Are you willing to hire slowly but fire fast?

Berkonomics

Here’s a test of your patience and your willingness to suppress your tendency to avoid conflict or confrontation – all in the same insight. First a reminder about why we hire: New hires can shore up the weak areas of a business in ways existing employees cannot – if hiring is done to fill true needs. We acknowledge that some employees lose their drive, or remain behind as the company grows, failing to gain the experience or knowledge needed to manage expanded processes or numbers of subor

Coach 156
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BayWa r.e. Launches New Brand For Acquired Company

socalTECH

Irvine-based BayWa r.e., a renewable energy developer and services provider, says it has launched a new brand, BayWa r.e. Power Solutions Inc. The new brand is a new name for Enable Energy Inc., which BayWa r.e. acquired in September. The new company is focused on solar and battery energy storage systems for the U.S. commercial, industrial, and utility sectors.

Company 113
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Broadvoice Acquires GoContact

socalTECH

Los Angeles-based voice, unified communications, and SIP trunking provider Broadvoice said on Tuesday that it has acquired GoContact, a Portugese provider of contact center services. Financial terms of the acquisition were not announced. Broadvoice says that GoContact has sales and service operations in Portugal, Spain, Morocco, Angola and Colombia.

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Faraday Future Hits Public Markets Via SPAC

socalTECH

Los Angeles-based Faraday Future is now a publicly traded company, after a successful acquisition by a special purpose acquisition company (SPAC) called Property Solutions Acquisiton Corp., the company said on Wednesday afternoon. Faraday Future will begin trading today under the ticker symbols FFIE and FFIE.WS. Faraday Future--currently led by CEO Dr.

Marketing 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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Sketchy Names New Exec, Advisors

socalTECH

Los Angeles-based education technology startup Sketchy is ramping up its hiring efforts, saying today that it has added a number of new executives and advisors to the company. The firm--which received $30M from TCG and Reach Capital in 2020 for its efforts--said it recently added Trevin Chow as its new Chief Product Officer (most recently, Nike's Director of Product, Digital Coaching and Athlete Experiences); plus advisors Shiva Rajaraman (Vice President of Commerce at Facebook), and Stephen Dav

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