socalTECH
DECEMBER 26, 2018
San Luis Obispo-based MINDBODY , the developer of spa, beauty, fitness, and other booking software and services, has been acquired by Vista Equity Partners , in a deal worth $1.9 billion, the two companies said on Christmas Eve. According to the two, Vista equity will pay $36.50 in cash per share for MINDBODY, a 68 percent premium on MINDBODY's closing price on December 21st.
L.A. Business Journal
DECEMBER 26, 2018
Military GPS satellite launched by SpaceX; Blizzard begins player tracking; Viacom executive joins Quibi.
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socalTECH
DECEMBER 26, 2018
In a scathing report--published over the holiday weekend--the WSJ says that Venice-based Snap , the parent company of Snapchat. is "struggling after the CEO ignored warnings about a redesign that proved unpopular" saying that Spiegel's "imperious style" has caused users to flee from the service. READ MORE>>.
Startup Professionals Musings
DECEMBER 26, 2018
Currently there is no professional certification, or standardized testing, as there is for accountants and lawyers, to see if you are ready to tackle the rigors of starting a new business. In fact, some pundits argue that the best entrepreneurs, including Bill Gates and Mark Zuckerberg, actually dropped out of school early to start their businesses, implying a negative relationship to training.
Advertiser: Aggregage
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.
socalTECH
DECEMBER 26, 2018
Los Angeles-based private equity investor Ares Management Corporation has acquired three, Texas wind farms, as part of an expansion of its renewable energy holdings, the company said last week. According to Ares, a fund managed by its Infrastructure and Power arm has acquired three operating utility-scale wind facilities in Texas, from BP Wind Energy North America.
Xconomy
DECEMBER 26, 2018
It was an eventful year for the artificial intelligence industry. The sector saw more big venture capital deals and acquisitions , while researchers kept plugging away on technology advances. Meanwhile, A.I. developers continued to grapple with issues around transparency, trust, and ethics. As part of Xconomy’s series of year-end posts , we asked a pair of CEOs of Boston-area A.I. software startups to reflect on the trends that defined the sector in 2018—and where things might be hea
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
DECEMBER 26, 2018
Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. You'll be able to browse all of those contributions here. Our first is with Andy Wilson of the Alliance for SoCal Innovation. Happy Holidays! What was the biggest lesson you learned this year?
socalTECH
DECEMBER 26, 2018
Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. You'll be able to browse all of those contributions here. Here's Jim Andelman of Bonfire Ventures. Happy Holidays! What was the biggest lesson you learned this year?
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