Thu.Dec 06, 2018

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Can a “good-hearted” entrepreneur succeed in business?

Berkonomics

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Does a “good heart” diminish the chances of success? First, let’s separate the “good heart” from the issue of whether an entrepreneur is driven to succeed.

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Boring Company Tunnel Opening Shifts To December 18th

socalTECH

The official opening of the first tunnel being built by Los Angeles-based Boring Company , a prototype tunnel meant to prove out its technology and feasibility of transporting people and traffic beneath city streets, has shifted to December 18th, according to Elon Musk. The official opening of the tunnel system had been scheduled for December 10th. According to Musk, the tunnel opening will "include modded but fully road legal autonomous transport cars & ground to tunnel car elevators.

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article thumbnail

Can a “good-hearted” entrepreneur succeed in business?

Berkonomics

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Does a “good heart” diminish the chances of success? First, let’s separate the “good heart” from the issue of whether an entrepreneur is driven to succeed.

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WhiteFox Defense Lands $12M For Drone, Airspace Management

socalTECH

San Luis Obispo-based WhiteFox Defense Technologies , a new startup developing technology which protects critical infrastructure against drone intrusions, has raised $12.0M in a Series Seed funding round. The funding was led by JAM Capital, and also included Stage Venture Partners, Okapi Venture Capital, Serra Ventures, OCA Ventures, as well as Frontier Venture Capital.

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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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Silicon Beach Report Dec. 6: Netflix’s $100M bid for “Friends”

L.A. Business Journal

Netflix pays $100 million for exclusive rights to “Friends;” Hulu chief hints streamer may be considering bid for sports; Aussie cotton farmers to use Semtech’s LoRa wireless networking tech.

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HemaCare Moves To Larger Headquarters In Northridge

socalTECH

HemaCare, a supplier of human-derived biological products and services for biomedical research, drug discovery, and cellular therapy process development, has moved its global headquarters to Northridge, in a move that the company says more than doubles its donor collection capacity and on-site cell processing capabilities. The company, which was previously based in Van Nuys, says its new facility is at the 44-acre Harman Campus.

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SpaceX Launches New Payload To ISS

socalTECH

Hawthorne-based SpaceX has launched yet another payload into space--only two days after a successful launch of a satellite payload at Vandenberg. SpaceX and NASA put another resupply mission, the Commercial Resupply Services mission (CRS-16), to the International Space Station (ISS) into space on Wednesday at 1:16pm ET, from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station.

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SuperNus ADHD Drug to Head to FDA, But Is It Better Than a Generic?

Xconomy

An experimental attention deficit hyperactivity drug developed by SuperNus Pharmaceuticals has met the main goals of two late-stage studies , bolstering the company’s case that it could provide an alternative to currently available ADHD therapies. But shares of the Rockville, MD-based company promptly fell on concerns of whether the drug is any better than a widely available, similar generic.

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Harry Potter: Hogwarts Mystery Gets Into The Spirit Of Christmas

socalTECH

Los Angeles-based mobile game developer Jam City is helping players of its popular game, Harry Potter: Hogwarts Mystery , get into the spirit of Christmas, with a new set of features for the game centered around holiday ornaments. According to Jam City, players in the game--where users create a character and attend the Hogwarts School of Witchcraft and Wizardry, the world created by J.K.

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