Mon.Dec 11, 2017

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Interview with Scott Cannon, CEO of BigRentz

socalTECH

Our interview this morning is with Scott Cannon , the CEO of BigRentz (www.bigrentz.com), which is creating an online marketplace for big equipment--an industry known notoriously as not adopting new technology. Scott tells us how the company--backed by St. Cloud Capital--has managed to coax those equipment rental yards into the digital age, and how the company has tackled other challenges in focusing its business.

Startup 174
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Silicon Beach Report Dec. 11: Soylent Founder to Step Down from CEO Role

L.A. Business Journal

Soylent founder to step down from CEO role; Snapchat is trying to make inroads with advertisers in China; and SpaceX to launch used booster and spacecraft.

Snapchat 100
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SetPoint Medical Gets FDA Nod On Pilot Study

socalTECH

Valencia-based SetPoint Medical , which develops medical devices for treating chronic inflammatory disease, said it has received Investigational Device Exemption (IDE) approval from the U.S. Food & Drug Administration (FDA) for a human trial. The company said the trial will cover safety and efficacy of its devices to treat Rheumatoid Arthritis. The company said the human trial will include a total of 15 subjects, aged 22 to 75.

Study 113
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5 Keys To New Venture Financial Projections That Work

Startup Professionals Musings

As an angel investor and business advisor on new ventures, I expect to see five-year financial projections from every entrepreneur. Yet I get more pushback on this request than almost any other issue. Founders point to the great number of financial unknowns in any new business, and are reluctant to “commit” to any numbers which may come back to haunt them later.

Pricing 57
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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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Crosscut Ventures Backs Fuzzy Pet Health

socalTECH

Los Angeles-based Crosscut Ventures --fresh off the announcement of a new, $125M venture capital fund --is one of the lead investors in Fuzzy Pet Health , a subscription-based pet healthcare startup. According to Fuzzy pet health, it raised $4.5M in its seed round, which was co-led by Eniac Ventures and Crosscut Ventures, with participation from Precursor Ventures, SV Angel, Accelerator and FJ Labs.

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ASH 2017 Highlights: CAR-T Competition, Myeloma, Hemophilia & More

Xconomy

The annual American Society of Hematology meeting is nearly over. For now, we’ve chosen updates from three disease areas to highlight, plus the more notable market movements. No surprise, there’s a lot about the genetically engineered cell therapy known as CAR-T. Gene therapy and more standard forms of care are up for discussion, too. If you’re not ASH-saturated by now, stay tuned: We’ll have more hematology coverage later this week. [ Note: Ben Fidler co-authored this re

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Amgen Gives $500,000 For Wildfire Relief

socalTECH

Thousand Oaks-based biotech giant Amgen said this morning that it is donating $500,000 to relief efforts for the Southern California wildfires. According to Amgen, $200,000 of that funding will go to the United Way of Ventura County, for immediate relief efforts; in addition, $300,000 more will go to support victims of the Southern California wildfires.