Berkonomics

SEPTEMBER 13, 2018

This is one of my favorite insights, since I lived this one in a positive exit from my computer business. Types of business buyers expanded. Most people will tell you that there are two kinds of eventual buyers for your business: financial and strategic. A financial buyer will analyze your numbers, past and forecast, to the n’th degree, and calculate the price based upon the result, after carefully comparing your numbers with those of others in the same and similar industries.

Pricing 600

Pricing Sales IBM IBM 600

L.A. Business Journal

SEPTEMBER 13, 2018

PlayVS Inc., the Santa Monica–headquartered high school e-sports league developer backed by Santa Monica-based Science Inc. announced Sept. 13 that Riot Games Inc.’s “League of Legends” will be the title played in the league’s first test season.

Riot Games 133

Riot Games Santa Monica Develop Development 133

socalTECH

SEPTEMBER 13, 2018

Is the future of transportation taking your personal vehicle, directly from your garage at home to a magical tunnel to transport you across LA? If Elon Musk has his way, yes. The Boring Company has received approval from the Hawthorne City Council, to build a prototype system which would take a car from a garage, directly to an underground HyperLoop transportation system.

Hawthorne 100

Hawthorne Company Companies SpaceX 100

L.A. Business Journal

SEPTEMBER 13, 2018

Former Riot Games execs raise $2.5 million for Singularity 6; WeWork acquires Teem; Boring Co.

Riot Games 100

Riot Games Report 100

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

SEPTEMBER 13, 2018

San Diego-based biotech investor Versant Ventures , along with MPM Capital , said today that they have launched a new startup, CODA Biotherapeutics. The companies said they invested $19M in the Series A funding for CODA Biotherapeutics, along with Astellas Venture Management and Novartis. CODA says it is developing gene therapy techniques, around what it calls a "chemogenetic platform" which it says aims to control the activity of neurons and other cells to treat diseases.

Capital 100

Capital San Diego Startup Activity 100

SoCal Tech Calendar

SEPTEMBER 13, 2018

Wednesday, September 19, 2018 --.

JavaScript 100

JavaScript 100

Xconomy

SEPTEMBER 13, 2018

Oncology diagnostics company Epic Sciences, which last year launched what it describes as the only test that can help guide treatment for patients with advanced prostate cancer, has raised $52 million in a financing led by New York private equity firm Blue Ox Healthcare Partners to develop tests to address more types of cancer. The San Diego-based company, which announced the close of the Series E round Wednesday, said it will use the proceeds to create additional blood tests, often referred to

San Diego 58

San Diego Guide Course Equity 58

socalTECH

SEPTEMBER 13, 2018

Los Angeles-based networking switch maker Linksys announced today that it has launched a new family of Gigabit, Power-over-Ethernet (PoE) switches aimed at the business market. According to Linksys, the new devices include an 8-port and 26-port switch, both of which fature PoE features, which lets administrators power devices through twisted pair, Cat5e cable.

IP 100

IP Los Angeles Networking Marketing 100

Xconomy

SEPTEMBER 13, 2018

Walmart is taking the e-commerce delivery business south of the border. The Bentonville, AR, retailer announced Thursday it has acquired Cornershop, an on-demand online service that delivers products from supermarkets, pharmacies, and specialty shops in Mexico and Chile, for $225 million. “We are focused on making life easier for customers and associates by building strong local businesses, powered by Walmart,” Judith McKenna, president and CEO of Walmart (NYSE: WMT ) International, said in a pr

Demand 56

Demand Commerce Press Customer 56

socalTECH

SEPTEMBER 13, 2018

Camarillo-based analog and mixed signal semiconductor provider Semtech says it is nearing almost 80 million of its LoRa end nodes deployed, along with 200,000 LoRa-based gateways, the company said today. According to the company, it expects those numbers by early 2019. LoRa is the company's low power wireless technology, which allows for communications of Internet-of-Things (IoT) and other devices.

Networking 100

Networking Product Technology Company 100

socalTECH

SEPTEMBER 13, 2018

Los Angeles-based Singularity 6 , a new game studio founded by Riot Games' veterans Aidan Karabaich and Anthony Leung, has raised $2.5M in a seed funding round, the company disclosed on Thursday. The funding came from London Venture Partners. The firm did not announced what it is working on, only that it is creating "online games can deliver deeper, more meaningful experiences.

Riot Games 100

Riot Games Seed Funding Los Angeles Funding 100