Fri.Oct 11, 2019

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Exploding Kittens Lands $30M More

socalTECH

Los Angeles-based Exploding Kittens , the developer of the popular card game of the same name, has raised another $30M in funding, the company said on Thursday. Exploding Kittens said the funding came from TCG Capital Management, which is an affiliate of The Chernin Group. The company said the financing will help finance continued growth. The company--founded by Elan Lee and Matthew Inman--initially had crowdfunded the card game, only later raising additional capital.

IP 113
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ServerFarm Acquires UK Data Center Operator

L.A. Business Journal

El Segundo-based data center management company ServerFarm purchased 5NINES Global Holdings Oct. 10.

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10 Signals That You Can Be A Trusted Business Leader

Startup Professionals Musings

Every entrepreneur and business leader believes that he or she has the full trust of their team and their customers, and in fact most do in the beginning. In my experience, most business professionals still believe in the old proverb, “ trust but verify.” In this context, that means you trust your leaders initially, but you look for signals that your trust in them is deserved and reciprocated.

Mentor 98
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Triumph Aerospace to Close L.A. Facilities, Lay Off 250

L.A. Business Journal

Triumph Aerospace will close two factories in Hawthorne and Torrance and lay off 250 employees beginning in December.

Torrance 100
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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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Bio Roundup: Nobel Prizes, Placebo Effect Rises, ICER’s Fire & More

Xconomy

Congrats to this year’s Nobel Prize winners in medicine … although, we have to ask: For the US researchers who are honored, isn’t there something crushing about a call in the middle of the night from Sweden, interrupting a dream about the perfect protein-protein interaction? Wouldn’t it be more logical for the committee to wait until it’s breakfast in America?