Fri.May 27, 2016

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How I Invest

Both Sides of the Table

I was speaking recently to the team at NuOrder , an LA-based company we’re an investor in about “realism in startups” — an impromptu talk I have given to any of our portfolio companies who ask. During the Q&A I was asked about how I make investment decisions in early-stage businesses. I was asked again in an LP meeting later in the week and then again at a founder breakfast gathering we hosted yesterday.

Invest 254
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Universal Music Acquires Digital Marketer Fame House

L.A. Business Journal

In a push to further diversify its business, Universal Music Group has acquired Fame House, a digital-marketing agency with musician clients such as Eminem and Pearl Jam. Terms of the deal were not disclosed.

Marketing 140
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SpaceX Successfully Launches Thaicom 8 Into Space

SoCal Tech Calendar

Hawthorne-based SpaceX has successfully launched another spacecraft into space, with a mission to launch a satellite payload for Thaicom into orbit on Friday. The company's Falcon 9 launched at 5:39pm ET from Cape Canaveral. SpaceX was expecting to attempt another landing of Falcon 9's first stage on its landing barge. The satellite being launched by SpaceX was built to Orbital ATK as an addition to Thaicom's existing satellite constellation, and will be launching into geostationary transfer orb

SpaceX 140
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Silicon Beach Launch List: May 27

L.A. Business Journal

A weekly roundup of L.A. tech company and product launches.

Product 150
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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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Western Digital Bumps Guidance

SoCal Tech Calendar

Irvine-based Western Digital has bumped its guidance for its fourth, fiscal quarter, saying it now expects fourth quarter revenues of between $3.35 billion to $3.45 billion, up from an earlier forecast of $2.6 billion to $2.7 billion. The upped guidance comes due to the company's acquisition of San Disk. Western Digital closed its $19 billion acquisition of SanDisk earlier this month.

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Silicon Beach Deal Flow: May 27

L.A. Business Journal

A weekly roundup of must-read L.A. tech investments and acquisitions.

More Trending

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International dialing – Four cheap long-distance call options

Tech Zulu Event

In this modern day of international business, phone calls spanning different countries or continents are becoming derigeur. Traditionally pretty expensive – a known truth by anyone who has ever accidentally made an international call on vacation – there are now a range of cheap options your business should be taking advantage of. Skype.

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BridgeWave Gets Win In Iraq

SoCal Tech Calendar

San Diego-based BridgeWave , a developer of wireless backhaul systems, reports that it has deployed its systems in Iraq, for the Iraq Ministry of Transportation. The company said the agency has installed a mix of its 60GHz and 24GHz microwave wireless links in Iraq, to help connect its headquarters and 12 remote branches. Financial impact of the win was not announced.

San Diego 113
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7 Team Attributes That Can Make Any Idea Come Alive

Startup Professionals Musings

There is an old saying in the startup investor community, “Smart investors invest in the team, not the idea.” As an angel investor, I’ve learned to believe in this approach, since I have seen great ideas go astray, due to poor execution and I have seen apparently marginal ideas make millions, managed by a savvy entrepreneur. Giving the wrong people money doesn’t help at the idea level.

Ideas 53
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SpaceX Tries Again On Thaicom 8 Launch Today

SoCal Tech Calendar

Hawthorne-based space rocket developer SpaceX is planning another attempt of a launch today, after the company scrubbed its initial attempt at launching its THAICOM 8 mission on Thursday. According to SpaceX, its next launch window is at 5:40PM ET today, with the weather currently at 90%. Elon Musk said on Twitter that Thursday's launch was scrubbed due to a "tiny glitch" in the motion of an upper stage engine actuator, saying it was "probably not a flight risk" but worth investigating.

SpaceX 113
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Slacker Radio Launches Original Shows

SoCal Tech Calendar

San Diego-based Internet radio service Slacker is taking a chapter from the playbook of online video providers, and has started creating its own, original content on its service. According to Slacker, it has launched its own, 12 original shows, featuring over 250 interactive episodes, which it says will get top billing on its application. Slacker says it is looking to create an "unrivaled archive of content" through the original content effort.

San Diego 113
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SpaceX Sticks Ocean Landing Of First Stage Of Falcon 9, Again

SoCal Tech Calendar

Hawthorne-based SpaceX once again stuck a landing on its drone ship on Friday afternoon, as part of a mission to launch a satellite into space for Thaicom. SpaceX--which had been qualifying before the mission that another landing on its barge would be "very challenging"--landed the first stage of the Falcon 9 at 5:49PM. The Falcon 9's second stage, along with the Thaicom 8 satellite, was still on its way to geosynchronous transfer orbit (GTO) at the time of the landing.

SpaceX 100
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DreamHost Adds HTTP/2 Support

SoCal Tech Calendar

Los Angeles-based web and cloud hosting service provider DreamHost said this week that it has added full support for HTTP/2, the new web standard used for transporting web pages across the Internet. Dreamhost said that its customers can now enable HTTP/2 for their sites with the click of a single checkbox within their account configuration, at no extra cost.

Web 113