Thu.Oct 08, 2020

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What is your biggest error in company planning?

Berkonomics

The biggest error in planning may not be spreadsheet calculation error. Or cost estimation. It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. Sources for your data. Where did you get the data to drive your assumptions of market size or market share?

Company 156
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Amazon, Rivian Reveal First Electric Delivery Vehicle

socalTECH

Amazon and Rivian , the electric vehicle developer with operations in Irvine and Carson, California, have revealed Amazon's first electric delivery vehicle, which Amazon plans to roll out as part of its climate efforts. According to Amazon, it plans to roll out its electric delivery vehicles as early as 2022, with 100,000 on the road by 2030. Amazon said it is looking to be net zero carbon by 2040.

Carson 147
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In RNAi Move, Takeda Fronts $300M to Team Up on Arrowhead Liver Drug

Xconomy

Arrowhead Pharmaceutical’s gene silencing treatment for a rare liver disease will move through the regulatory process and potential commercialization with the muscle of Takeda Pharmaceutical behind it. Takeda (NYSE: TAK ) has agreed to pay $300 million up front in a partnership on Arrowhead (NASDAQ: ARWR ) drug ARO-AAT as a treatment for alpha-1 antitrypsin-associated liver disease.

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Harbor Launches Disaster Prep App

socalTECH

Los Angeles-based Harbor , a startup which is developing apps to gamify the process of preparing your family and home from disasters and emergencies, has launched its iOS app , three months after announcing its seed funding. The startup is led by former Headspace executive Dan Kessler, and raised $5M in August. The company's app guides users through different things they can do to improve their emergency and disaster preparedness, based on their zip code.

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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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BIO Launches ‘Biotech Votes’ Campaign to Encourage Registration and Informed Voting

Xconomy

Science is the way out of this pandemic—and scientific breakthroughs are on the ballot on November 3. To help you get ready for Election Day, BIO’s initiative Biotech Votes has resources to help you get registered and get informed. First, make sure you’re registered to vote. Check out this handy form to verify your voter information, find out your polling location, or request a mail-in ballot.

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Cornerstone OnDemand Names Chief Diversity Officer

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops software used for managing employee development, says it has hired its first Chief Diversity Officer, Duane La Bom. The company said La Bom is responsible for driving the company's diversity, equity and inclusion strategy. La Bom was most recently Executive Director of Global Diversity & Inclusion for Texas Instruments, and prior to that, he was the Chief Diversity Officer and VP of Talent Management for Andeavor.

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OXIGEN Raises $15M For Water Brand

socalTECH

Vancouver, British Columbia- and Los Angeles-based Oxigen , a water brand which says it has a "ph balanced water boosted with oxygen", has raised $15M in a Series B funding round. According to the company, the funding came from celebrities and others, including Stephen Curry, Brett Eldredge (recording artist), Kevin Love (Cleveland Cavaliers), Bryan Ezralow (The Ezralow Companies), Jonathan Glaser (JMG Capital), Michael Meldman (Casamigos Tequila, Discovery Land Co.), Victor Coleman (Hudson Paci

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TigerConnect Takes $45M More In Series D For Healthcare Communications

socalTECH

Santa Monica-based TigerConnect , which provides collaboration and communications tools for the hhealthcare industry, says it has raised $45M more in a Series D funding round, as it has seen surging demand due to the pandemic. According to the company, the new round was led by HealthQuest Capital, and also included New Leaf Ventures, Montreux Growth Partners, Norwest Venture Partners, Invus and Industry Ventures.

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Slingshot Aerospace Lands $2M For Space Simulation Tool

socalTECH

El Segundo, California- and Austin, Texas-based Slingshot Aerospace said this morning that it has received $2M in funding to go towards developing of a new, space training simulation tool for the U.S. Space Force. According to the company, $1M in the funding came via a Small Business Innovation Research (SBIR) Phase 2 contract from the United States Space Force, and the other $1M came from venture capital investment firm ATX Venture Partners.