socalTECH
JANUARY 25, 2019
Mojave-based spacecraft developer Virgin Galactic has cut 40 employees, saying that it is looking "to position our organization for the drive to commercial operations." The cuts-- first reported by NMPolitics.net, a New Mexico publication--also affected employees in Las Cruces, New Mexico. The layoffs at Virgin Galactic follow a 10 percent cut in employees by SpaceX just a couple of weeks ago.
SoCal Tech Calendar
JANUARY 25, 2019
Thursday, January 31, 2019 -- Preparing Your Company for Sale. CONNECT. Whether you are acquiring a company or looking to merge your company with another, there are significant operational, practical and legal steps you should take to ensure that your company maintains its value and remains an attractive partner through the transaction. Learn how to avoid the pitfalls in what promises to be a lively discussion among industry veterans from the technology, biotechnology and manufacturing industrie
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socalTECH
JANUARY 25, 2019
Los Angeles-based Two Bit Circus , which operates its own "micro-amusement park" featuring immersive technology and entertainment experiences, says it has launched a number of new immersive experiences and interactive shows to its program. The company says it is creating an "ever-changing" experience for its park goers. The company said the new features include "mystery puzzles", a feature on science storytelling, a "music meetup" series, and more.
SoCal Tech Calendar
JANUARY 25, 2019
Thursday, January 31, 2019 -- Growth Capital Conference. Pitch to and Network with Investors: Angels,VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. DEAL DISPLAYtm showcases growing firms needing capital. View products, videos, online demos. See [link].
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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.
socalTECH
JANUARY 25, 2019
San Diego-based Trust & Will , a startup which operates an online software tool to help people create their own estate plans, has raised $2M in a funding round, the company disclosed this week. The funding came from Techstars, Wolfpark Ventures, Rise of the Rest Seed Fund, Luma Launch, Halogen Ventures, Walket Capital, Western Technology Investment, plus angels.
Xconomy
JANUARY 25, 2019
When I came to America in 1987, as a wide-eyed University of Texas grad student, I arrived with just a suitcase and a few hundred dollars — money that my mother, back in India, had scraped together by selling her beloved jewelry collection. Three decades later, I’m a successful biomedical researcher and serial entrepreneur with more than 120 patents to my name, and eight successful businesses under my belt.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Xconomy
JANUARY 25, 2019
View the Slideshow The cost of doing business is always on the mind of startup executives. Salaries, rent, and other expenses like software licenses can often make or break a company. Much of the math comes down to how much money you can raise for your business, and startups often look to San Francisco and Silicon Valley to find the capital they need.
socalTECH
JANUARY 25, 2019
Los Angeles-based dating app developer Tinder has settled a lawsuit, filed against the company alleging age discrimination, and has agreed to stop charging different prices in California for its subscription services solely based on age. According to the settlement, Tinder will pay $17.25M to settle the lawsuit, which was filed shortly after the company introduced its "Tinder Plus" subscription service in 2015.
Startup Professionals Musings
JANUARY 25, 2019
Image via Flickr by Alan Most of you who start new ventures don’t think of yourselves as sales experts. In fact, you may feel on the opposite end of the spectrum, more focused on delivering the perfect solution and managing the finances to grow the business. Yet in today’s competitive and rapidly changing world, top notch sales and marketing skills are critical to the success of every business.
socalTECH
JANUARY 25, 2019
Los Angeles-based Freebird , a startup which allows bars and restaurants to offer rewards and cash back to encourage users to use Uber and Lyft rides rather than drive themselves home, said Friday morning that it has launched its safe ride servie to and from privately hosted parties. The company--which also said it has tapped Philadelphia Eagles Defense End Chris Long as its spokesperson--says its app works with Uber and Lyft, and offers up rewards and cash back from restaurants, bars, and its b
Xconomy
JANUARY 25, 2019
In a week of big personnel moves, none was more surprising than Editas Medicine CEO Katrine Bosley’s departure. After guiding the CRISPR-Cas9 genome-editing startup from scientific breakthrough toward the development of a potential cutting-edge medicine, slogging victoriously through a legendary patent fight , and reaching the cusp of an historic clinical trial , the well-traveled Bosley is cutting out, the company said Tuesday.
socalTECH
JANUARY 25, 2019
Hawthorne-based SpaceX has moved one step closer to launching its first Crew Dragon into space, saying on Thursday that it has completed a "static firing" test for a planned February launch. The test--conducted at Cape Canaveral at Launch Complex 39A--is a step along the way to what will be the first demonstration flight for the new SpaceX spacecraft.
socalTECH
JANUARY 25, 2019
Westlake Village-based electronics developer Interlink Electronics said late Thursday that it plans to voluntarily delist its stock from the Nasdaq Stock Market, and deregister its common stock. According to Interlink--which currently is listed on the NASDAQ as LINK--the move will help it "accelerate long-term profitable growth", and help it reduce its cost structure, including the costs of being Nasdaq listed and an SEC reporting company.
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