Tue.Nov 14, 2017

article thumbnail

What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes.

Startup 286
article thumbnail

Borrow Debuts New, Short Term Subscription EV Service

socalTECH

West Hollywood-based automotive startup BORROW has launched a new, subscription service which gives users access to a pre-owned, electric vehicle (EV) through short term leases, the company said this week. According to Borrow, it allows customers to "subscribe" to short term, three, six, or nine month renewable subscriptions to such vehicles as the Nissan Leaf, BMW i3, or Tesla Model S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Silicon Beach Report Nov. 14: Fox Exec to Launch Harassment Reporting App

L.A. Business Journal

Fox exec to launch harassment reporting app, Arrivo proposes maglev system for the inner city, and Fullscreen shutting down subscription VOD service and will lay off 25 employees.

Report 100
article thumbnail

TenOneTen Backs TrueAccord For Debt Collection Technology

socalTECH

Los Angeles-based venture capital investor TenOneTen Ventures is one of the backers in a round for consumer debt collection technology startup TrueAccord , which was announced this morning. The Series B funding for San Francisco-based TrueAccord was worth $22M, and was led by Arbor Ventures. Other investors in the round, aside from TenOneTen, are Nyca Investment Partnership, Assurant Growth Investing, Caffeinated Capital Fund, Felicis Venture and Crystal Towers.

article thumbnail

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.

article thumbnail

How Milwaukee’s Tech Ecosystem Found Their Sweet Spot

Tech.Co

When you hear of Milwaukee, WI, baseball and a cold beer might come to mind, and maybe snow. But what you’ll find when the tech community steps up to the plate are more home runs happening each month. In this #StartupsEverywhere , interview, we talked with Joe Poeschl, Program Director and Cofounder, The Commons about community engagement, the latest startups and expandable growth.

Startup 70
article thumbnail

Arrivo Eyes High Speed Transportation Network In Colorado

socalTECH

Los Angeles-based Arrivo , the Hyperloop transportation developer led by former Hyperloop One CTO Brogan BamBrogan, says it has inked a deal with the Colorado Department of Transportation, to conduct a feasibility study for a "tube" network around the Denver metro area. Financial details of the effort were not announced. Arrivo--started after BamBrogan parted ways with Hyperloop One in a sensational trail of lawsuits, now settled, in 2016--is focused on using magnetically levitating sleighs, rat

More Trending

article thumbnail

Linksys Launches New Wi-Fi Range Extender

socalTECH

Playa Vista-based Linksys has launched a new product today, a new Wi-Fi range extender designed to eliminate Wi-Fi dead zones in homes. According to Linksys, its new Linksys Max-Stream Tri-Band AC3000 Wi-Fi Range Extender (RE9000) works with any router, features three dedicated radios with tri-band MU-MIMO support, "roaming" or access point modes, and automated firmware updates.

Design 113
article thumbnail

Poshmark Picks Up $87.5M to Power the Social, Digital Wardrobe

Xconomy

Poshmark , a social media e-retail company, has raised $87.5 million in a Series D investment round led by Singapore sovereign wealth fund Temasek. That brings the total funding raised by the Redwood City, CA-based company to $160 million. Other investors in the firm include Mayfield , Menlo Ventures , GGV Capital , Inventus Capital , SoftTech VC , Union Grove Venture Partners , and Cross Creek Advisors.

article thumbnail

True Zero Gets $26.6M Grant To Expand Hydrogen Fueling Stations

socalTECH

Irvine-based True Zero (FirstElement Fuel), a company which installs and operates hydrogen fueling stations, reported that it has received $26.6M in grants from the California Energy Commission, to expand its network of fueling stations. According to True Zero, the grant will go towards operation and maintenance support for 12 new hydrogen stations in California.

Report 113
article thumbnail

New software lets marketers better leverage social media influencers

StartUp Beat

“When was the last time a commercial came on and you didn’t pull out your phone?,” asks Forbes contributor AJ Agrawal. If you’re like today’s typical consumer, you most likely tune out TV ads – and you probably can’t remember the last time you heard a radio advertisement. While the glory days of TV and radio ads have come and gone, digital media influencer marketing is gaining momentum.

article thumbnail

OncoSec Raises $9.3M Via Warrant Exercise

socalTECH

San Diego-based cancer immunotherapy developer OncoSec Medical says it has raised $9.3M via a warrant exercise agreement. The publicly traded company (NASDAQ: ONCS) said the deal allows holders of outstanding warrants to purchase up to 5,509,642 of its common stock at $1.69 per share. The company said the funds received in the warrant exercise will go towards working capital and general corporate purposes, a clinical trial, and other research and development.

San Diego 113
article thumbnail

Fullscreen Media Shuts Down Video On Demand Service

socalTECH

Los Angeles-based Fullscreen Media says it is shutting down its video on demand service , and instead putting its resources into its other efforts, after a two year run. According to reports, about 25 employees are being laid off as a result of the shutdown of the service, which had offered up access to subscription content for $6 a month. George Strompolos, founder and CEO of Fullscreen Media, said "decisions like this are tough," and that continuing to fund its video on demand service "was lim

Demand 113
article thumbnail

XCOR Aerospace Files For Chapter 7

socalTECH

Mojave-based XCOR Aerospace has filed for Chapter 7 bankruptcy, and will be liquidated, according a court filing by the company filed last week. XCOR had been one of a number of companies in Southern California pursuing the commercial space market. The bankruptcy follows a layoff of all of the company's employees in July , when it said it was unable to raise money to further fund its spacecraft development efforts.

Layoffs 113