Mon.Sep 16, 2019

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Deckard Technologies Finds $4M For AI Property Tax Software

socalTECH

San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. According to the company, it offers up its software to cities and counties to help those counties and cities identify unpaid property taxes from real estate improvements done without plans and permits.

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Fair Obtains $500 Million Credit Facility

L.A. Business Journal

Car leasing startup Fair secured a $500 million loan from Mizuho Bank in the company's third line of credit since July.

Startup 190
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City of Los Angeles, Goren Holm To Invest In Blockchain Startup

socalTECH

The City of Los Angeles and investment firm Goren Holm Ventures --the new Blockchain investment firm of Alon Goren and Josef Holm--said they will be funding a blockchain pitch contest at the upcoming CIS blockchain conference. According to The Los Angeles Mayor's Office of Budget & Innovation (MOBI) and Information Technology Agency (ITALA) and Goren Holm Ventures, they will invest $25,000 an a minimum investment offer from GHV, and a $25,000 pilot project with the City of Los Angeles to add

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How Idea People Can Transform Into Visionary Leaders

Startup Professionals Musings

A popular approach for aspiring entrepreneurs these days seems to be to corner anyone who will listen, with a pitch on their current “million dollar idea.” The initial monologue usually ends with the question “How much money do you think this is worth?” In my opinion, ideas are a commodity, and are really not worth much, outside the context of a visionary leader who can execute.

Ideas 101
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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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Tinder To Get Its Own TV Series, Says Report

socalTECH

Los Angeles-based online dating app Tinder is getting set to roll out a television series based on the popular dating app, according to Reuters Monday. According to the report, the series is based on a relationship sub plot but is not directly connected to Tinder's core dating app business. Other details on the new television strategy were not announced.

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Why Menlo Ventures Backed Its First Construction Tech Firm

Xconomy

Fieldwire , whose mobile app helps builders and construction crews coordinate their work, announced today it has lined up a total of $33.5 million across two newly disclosed fundraising rounds. The San Francisco-based construction tech company says it raised $8.5 million in a Series B funding round in 2017, and it has just added another $25 million from a Series C funding round led by veteran Silicon Valley venture capital firm Menlo Ventures.

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Spireon Links Fleet Data With Data Warehouse Firm Snowflake

socalTECH

Irvine-based Spireon , a provider of fleet telematics and vehicle tracking and data, has linked with data warehousing provider Snowflake , the two said this morning. The two said the big data and data sharing partnership will allow clients of Spireon's FleetLocate fleet and asset intelligence product with access to big data reporting. Financial details of the deal were not announced.

Report 100
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Los Angeles Approves Deal For Massive Solar, Battery Plant In Mojave

socalTECH

The City of Los Angeles has approved a massive, solar-and-battery in the Mojave Desert, which is expected to meet 6 to 7 percent of the city's electricity needs--including being able to supply power for four hours each night from a massive bank of batteries. The new project, which was approved last week , will supply the Los Angeles Department of Water and Power with up to 400MW of clean energy, with enough capacity to store 300MW/1200Mwh of energy at night.

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SoFi Takes Naming Rights To New LA Chargers, LA Rams Stadium

socalTECH

Online finance and lending site SoFi is taking the naming rights to the new stadium which will house the Los Angeles Chargers and the Los Angeles Rams , according to the LA Stadium and Entertainment District at Hollywood Park (Hollywood Park) and SoFi. According to the two, they are in a 20-year agreement which will make the new stadium SoFi Stadium , which is opening in 2020 in Hollywood Park.

Hollywood 100