Thu.Jul 07, 2016

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VC Confessions: I Don’t Really Care About Your Product Demo

InfoChachkie

A version of this article previously appeared in Forbes. It happens during nearly every fundraising pitch meeting. The entrepreneur cannot wait to show me their product via a demo. As politely as I can, I dissuade them and explain that there are other ways I prefer to spend our precious time together. Most entrepreneurs seem confused by my reaction and often say something like: “VCs love demos.

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A riddle: Why explain why?

Berkonomics

In my early journalism classes, I was taught the five “W’s” of good news stories, and that most should be in the first paragraph at that. Who, what, when, where and why are the five, with sometimes a “how” thrown in for those followers of the macabre. But of the five, “why” is by far the most important for business leaders to consider and communicate.

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Vyclone Shuts Down Collaborative Video App

socalTECH

Los Angeles-based Vyclone , which had developed a mobile app which let multiple users contribute videos from the same event into a single stream, has shut down. The company's website said that it will shut off its app as of July 22nd, and will be removing its app from the App Store and closing down it servers. Vyclone had hoped to inspire people to collaborate on capturing such life events as weddings and festivals, as well as expreme sports and music performances.

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Building Beautiful Apps in the Mobile Age

SoCal Tech Calendar

Wednesday, July 13, 2016 -- Building Beautiful Apps in the Mobile Age. General Assembly. Join us for a conversation with Co-Founder and Designer of Dials App, Dante Orpilla on the design process, planning, prototyping, and importance of design in building a beautiful app. What leads to beautifully designed apps and products? It’s rarely a flash of genius.

Mobile 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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Snapchat Sued Over Obscene Snapchat Discover Links

socalTECH

Venice-based Snapchat has been sued in a class action lawsuit , over what the lawsuit says are obscene news stories published via Snapchat Discover. The lawsuit--filed on behalf of a 14-year old, Los Angeles minor, was filed by Geragos & Geragos in the United State District Court for the Central District of California. The lawsuit alleges "willful and intentional violations" of the Communications Decency Act by Snapchat in linking to media partners such as Buzzfeed, Vice, and MTV.

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Clean Technology Council

SoCal Tech Calendar

Wednesday, July 13, 2016 -- Clean Technology Council. Catalina Sea Ranch–Can Mussel Farms Restore Polluted Coastal Waters? Phil Cruver, CEO, shows how his Catalina Sea Ranch was developed and ways it supports the goals of the National Oceanic and Atmospheric Administration (NOAA) National Shellfish Initiative to increase commercial shellfish aquaculture while improving ecosystem health.

More Trending

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Learn About AMP - Accelerated Mobile Pages

SoCal Tech Calendar

Thursday, July 7, 2016 -- Learn About AMP - Accelerated Mobile Pages. Come join GDG Los Angeles as we gratefully welcome Malte Ubl to speak to us about AMP, Accelerated Mobile Pages. Malte is the Tech Lead of the AMP project, and is the world's leading expert on the topic. Malte Ubl (@cramforce, +MalteUbl) is the tech lead of the AMP Project. He previously spent 5 years at Google making JavaScript based apps go fast and in his free time, he is one of the co-organizers of JSConf EU.

Mobile 100
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Washe Expands On-Demand Mobile Carwash Service To Los Angeles, San Diego

socalTECH

Do you need your car washed, but just don't have the time? Another, on-demand car washing app-- Washe , says it has started offering up on-demand, car washes to Southern California drivers. Washe said it has begun offering up support to users between Los Angeles and San Diego, connecting drivers to a network of mobile car washers. Washe says users can select everything from a basic exterior wash to a full detail, set the location of their car using GPS location services, and get a full update as

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Global Disruptors Pasadena: Inspiring Local Entrepreneurs to Think Globally

SoCal Tech Calendar

Thursday, July 7, 2016 -- Global Disruptors Pasadena: Inspiring Local Entrepreneurs to Think Globally. Join us for a night of FREE networking and stories from entrepreneurs with a global reach. These entrepreneurs continue to disrupt traditional industries like consumer payments, HVAC, tourism, and medical testing through innovation, collaboration, and guerrilla marketing.

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Silicon Beach Report July 7: Snapchat Hit with Indecency Class Action

L.A. Business Journal

Snapchat hit with indecency class action, J2 Global may be outbid for Gawker Media, Buzzfeed Motion Pictures show tops iTunes, and more.

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Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy

Xconomy

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. As of the end of 2015, Pernix reported a headcount of 274.

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