socalTECH

MARCH 12, 2018

In recent years, Los Angeles has become the capital of subscription, consumer-focused "box" businesses, where consumers sign up for monthly deliveries based on a subscription. One of those companies is Los Angeles-based Love Goodly (www.lovegoodly.com) co-founders Justine Lassoff and Katie Bogue Miller , who sat down and told us about their company, focused on cruelty-free, non-toxic beauty and skincare products.

Startup 157

Startup Commerce Los Angeles Product 157

L.A. Business Journal

MARCH 12, 2018

Lyft grows three times faster than Uber; Clearlake Capital acquires Provation Medical; and Snapchat to release nonfiction crime series produced by Conde Nast.

Snapchat 100

Snapchat Report Capital 100

socalTECH

MARCH 12, 2018

The XPRIZE , the Los Angeles nonprofit focused on running competitions to help solve world problems, has launched a new prize competition, in conjunction with All Nippon Airways (ANA). According to the fundation, it has launched a new, prize called the $10M ANA Avatar XPRIZE , which will focus on creating integrated, robot "avatar" devices which would remotely enable people to see, hear, touch, and interact with physical environments and other people, all remotely.

Competition 113

Competition Los Angeles Help Angel 113

Xconomy

MARCH 12, 2018

At Correlation Ventures, we spend a fair amount of time using our proprietary database to identify the telltale signs of successful startups. One question we asked recently is whether there are diminishing returns for adding VCs to the board of directors at venture-backed startups. Many of us have seen highly effective boards where experienced and engaged VCs work with management and independent directors, offering timely and valuable insights, guidance, and connections.

Venture Capital 77

Venture Capital Capital Startup San Diego 77

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.

Company

socalTECH

MARCH 12, 2018

Newport Beach-based startup Blast has raised $5M, to help turn games into "micro-saving" earning tools, the company said today. According to Blast, the company's $5M seed funding came from Forbes and Roth families, Core Innovation Capital, Great Oaks Venture Capital, Snowmass Private Equity, Wilson Sonsini Goodrich & Rosati, and others. Blast was created by Acorns chairman and co-founder Walter Cruttenden, and lets videogame players accumulate "micro-savings", which allow gamers to earn savi

Seed Funding 113

Seed Funding Startup Venture Capital Equity 113

Xconomy

MARCH 12, 2018

For 20 years, Deborah Long (pictured) has been relying on powerful drugs to keep her multiple sclerosis in check. Her out-of-pocket costs were pretty reasonable until two years ago, she says, when she had to switch insurance companies. Her new insurer made her switch to a different drug, Copaxone. When she tried to fill the prescription, the Walgreen’s pharmacist told her the monthly copay would be a whopping $2,500—well out of reach for Long, 65, a former administrative assistant in Chico

Pricing 71

Pricing San Diego Company Companies 71

Xconomy

MARCH 12, 2018

This year marks the 30th Anniversary of the historic billion-dollar leveraged buyout of Beatrice Foods, put together by African-American business pioneer Reginald Lewis. As recently profiled in the PBS Documentary “ Reginald Lewis and the Making of a Billion Dollar Empire ,” Lewis was a business icon who paved the way for minority investors to ascend to the highest levels of finance.

Venture Capital 61

Venture Capital Capital Examples Acquisition 61

socalTECH

MARCH 12, 2018

Santa Monica-based private equity investor Clearlake Capital Group said this morning that it has acquired Minneapolis, Minnesota-based Provation Medical , a developer of software for the healthcare documentation and coding market. Financial details of the buy were not announced. Clearlake said it acquired Provation Medical from Wolters Kluwer. Provation was founded in 1994, and is led by CEO David Del Toro, who continues on at the company and joins Provation's board of directors.

Capital 113

Capital Santa Monica Equity Software 113

Xconomy

MARCH 12, 2018

Orexigen Therapeutics has filed for bankruptcy to sell its weight loss pill to the highest bidder. The news follows years of ups and downs for Orexigen, which piled up debt as it struggled to successfully market its obesity drug, known as Contrave. Orexigen (NASDAQ: OREX ) has filed for Chapter 11 protection , which shields companies from creditors while they can either reorganize or sell their assets.

Sales 59

Sales News Help Marketing 59

Startup Professionals Musings

MARCH 12, 2018

In today’s fast moving world of business startups, learning trumps knowing every time. What established businesses know through experience keeps them from looking for the new and innovative ways to do what they do better, cheaper, and faster. I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it.

Startup 51

Startup Entrepreneur Satisfaction Ideas 51

Xconomy

MARCH 12, 2018

In a surprising statement late today from the White House, President Donald Trump unilaterally prohibited Broadcom’s proposed takeover of Qualcomm (NASDAQ: QCOM ), the world’s biggest maker of chips for smartphones. Citing a recommendation from a national security panel and other factors set forth under federal law, the statement also proclaims that all candidates that Broadcom (NASDAQ: AVGO ) nominated for Qualcomm’s board “are hereby disqualified from standing for election.

Pricing 45

Pricing Report San Diego Company 45