Wed.Jun 10, 2020

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HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity

TechCrunch LA

In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. Among the strategies? Team up with Black firms already doing the work. Some firms have said that they’re going to turn to HBCUvc , a nonprofit organization that helps students from historically Black colleges and universities enter venture and tech.

Equity 220
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LiveXLive Links With Baeble Music

socalTECH

Los Angeles-based live streaming audio and video provider LiveXLive said this mornign that it has linked with music streaming provider Baeble Music , to distribute its content across Baeble's platform. Financial details of the content, distribution, and revenue share agreement were not announced. LiveXLive said the addition of Baeble expands its reach to a total of 35 platforms.

Content 124
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8 Business Accountability Lapses And How To Recover

Startup Professionals Musings

As a business investor, I look for investments where I see founders really holding their people accountable for their actions. More importantly, I look for entrepreneurs and owners like you who are not afraid to hold themselves accountable for the success of the business. If I see or hear evidence of a victim mentality , or someone playing the blame game, it may be time to walk away.

Startup 113
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Giftaplate Lets Users Donate Meals To Familes In Need

socalTECH

A new, nonprofit organizatino, Giftaplate , is working with local restaurants in Los Angeles, to allow people to donate to help both restaurants and families in need. The organization--launched by Silicon Valley startup Plate IQ, HotSchedules, and others--said it is looking to help aid restaurants and families who have been greatly impacted by COVID-19 in LA.

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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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SpaceX Bails On Lease At Port Of Los Angeles, Again

socalTECH

Hawthorne-based SpaceX has bailed on a pending deal to lease space at the Port of Los Angeles, the second time it has done so in the last year. The withdrawal of SpaceX's lease comes after a massive scramble by the Los Angeles Board of Harbor Commissioners to approve a 10-year agreement with SpaceX in February. SpaceX did not give a reason for withdrawing from the lease, however, it comes after Elon Musk threatened to leave California because of the state's response to the coronavirus pandemic.

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Wheels Re-Launches Operations

socalTECH

Los Angeles-based Wheels , which provides on-demand, e-bike sharing services, has re-launched its operations, 3 months after pausing its operations due to the COVID-19 pandemic. According to the service, it is re-launching in Los Angeles, San Diego, Dallas, Austin, and Orlando this week, after re-launching its services in Stockholm and Madrid previously.

San Diego 113

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Wave Adds $30M For Virtual Concerts

socalTECH

Los Angeles-based Wave , which develops software and hardware to enable live, virtual reality concerts, has raised $30M in a Series B funding round, the company said on Wednesday. The funding was led by Maveron Ventures and Griffin Gaming Partners, and also included angels Alex Rodriguez and Scooter Braun. Wave is led by CEO Adam Arrigo. The company uses motion capture to power virtual, interactive concerts for music artists.

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Gift A Plate Lets Users Donate Meals To Families In Need

socalTECH

A new, nonprofit organization, Gift A Plate , is working with local restaurants in Los Angeles, to allow people to donate to help both restaurants and families in need. The organization--launched by Silicon Valley startup Plate IQ , HotSchedules, and others--said it is looking to help aid restaurants and families who have been greatly impacted by COVID-19 in LA.