Wed.Jan 26, 2022

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Glossier just laid off one-third of its corporate employees, mostly in tech

TechCrunch LA

Glossier, the popular beauty brand led by former blogger Emily Weiss, let go of 80 of its corporate employees today, according to an internal email obtained by Modern Retail. The cuts, which amount to around one-third of Glossier’s corporate workforce, will primarily impact the company’s technology team. “[W]e are shifting our technology strategy to leverage external partners for parts of our platform that we’re currently maintaining internally,” Weiss wrote in the email announcing the layoffs t

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6 Essential Leadership Practices Raise Accountability

Startup Professionals Musings

As an advisor to business executives and owners, I often hear discussions about employee accountability , almost always focusing on the negative. Phrases like “holding people accountable” imply negative consequences or punishment, rather than rewards or providing the freedom and coaching to team members to choose their own actions, and pursue what matters most to them.

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Neudesic Spins Off Peregrine Connect

socalTECH

Irvine-based Peregrine Connect announced this morning that it has spun off from Neudesic. Peregrine Connect develops several software products associated with Microsoft.NET, including Neuron ESB, Design Studio, Management Suite, and NetSuite PSA Add-In for Microsoft Project. Financial details of the spinoff were not announced.

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Rx Delivered Now Snags $1M In Crowdfunding

socalTECH

Los Angeles-based Rx Delivered Now says it has raised over $1M in a pre-seed funding, via a crowdfunding campaign. According to the company, it is working on technology for prescription delivery, offering up deliveries for local pharmacies. The company said the fundraising came from over 900 individual investors. The company said it is currently offering up delivery of rapid COVID-19 antigen tests to local communities in Greater Los Angeles.

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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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Koji Connects With $20M More

socalTECH

San Diego-based Koji, which develops an app store for helping creators earn money, said late Tuesday that it has raised $20M in its Series B fundraising. The funding was led by Jump Capital, plus new investors HBSE Ventures, Electric Feel Ventures, Visary Capital, Metaversal, and University Growth Ventures, along with Galaxy Interactive and BITKRAFT, and and a number of angels, including Shivakumar Rajaraman, Michael Eisner, and Francis Ma.

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Stratolaunch Gets Contract With AFRL

socalTECH

Mojave-based aerospace developer ,a href="[link] reports that it has received a research contract with the U.S. Air Force Research Laboratory (AFRL), to help assess feasibility of hypersonic flight tests of a wide range of Air Force experiments and payloads on a frequent and routine basis. Financial details of that contract were not announced by the company.