Fri.Jan 15, 2021

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Snap Acquires Mapping Startup StreetCred

L.A. Business Journal

Snap Inc. has reportedly acquired New York-based startup StreetCred Labs Inc., a company that collects location data for app developers.

Startup 130
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The Trade Desk Names COO

socalTECH

Los Angeles-based advertising software and exchange operator The Trade Desk said this week that it has named Michelle Hulst as the company's Chief Operating Offier. Hulst was previously Executive Vice President, Global Data and Strategy at The Trade Desk, and prior to that was Group Vice President, Marketing and Strategic Partnerships, Oracle Data Cloud.

Oracle 113
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Belkin Founder Chet Pipkin Steps Down as CEO

L.A. Business Journal

Belkin International Inc. founder Chet Pipkin stepped down as chief executive at the Playa Vista-based consumer electronics company.

Belkin 130
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Dreamhost Links With Lendio On PPP Assistance

socalTECH

Los Angeles-based web hosting and WordPress services provider DreamHost and small business lending service Lendio said on Thursday that the two are partnered to provide Paycheck Protection Program (PPP) application guidance to Dreamhost customers. According to the companies, Lendio will work to assist DreamHost business customers to apply for funds made available in the latest US government Paycheck Protection Program (PPP) program.

Web 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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How To Prevent Your Founder’s Shares From Vaporizing

Startup Professionals Musings

When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners, and taxation.

Startup 119
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Viant Files For IPO

socalTECH

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The IPO is being underwritten by BofA Securities, UBS Investment Bank, Canaccord Genuity, JMP Securities, Needham & Company, and Raymond James.