Thu.Dec 17, 2020

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With Bambee, Allan Jones wants to give small businesses HR services their employees can trust

TechCrunch LA

Allan Jones’s first startup was Fourth and Grand , a Trunk Club-like service backed by the venture studio and accelerator, Science, out of Santa Monica. While the business didn’t work out, it put the budding young entrepreneur (and college dropout) on a path that would lead him to launch the Los Angeles-based startup Bambee , a company that lets small businesses give their employees access to the same kinds of human resources services that large companies have.

Services 281
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LA Mayor Garcetti Aims At Air Taxi Future

socalTECH

In a bid to push LA into the high tech world of the Jetsons, Mayor Eric Garcetti said on Wednesday that he has kicked off an effort to make Los Angeles an "unmistakable leader on urban air mobility". According to the Mayor's office, it has launched an effort called the Urban Air Mobility Partnership , which will help visualization a "new piece of L.A.

High Tech 203
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When should you go for equity financing?

Berkonomics

Let’s take a few minutes to examine the kind of equity financing available to small or early stage businesses. In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. Friends and family investors. Here is a class of investor we’ve covered before, one usually focused upon you and less upon your business case.

Equity 156
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Newly Public Canoo Unveils Electric Delivery Vehicle

socalTECH

Los Angeles-based Canoo has unveiled plans for a new vehicle, aimed at the electric delivery, food truck, and other industries. The company--which recently went public via a Special Purpose Acquisition Company (SPAC)--said its new Multi Purpose Delivery Vehicle is based on the same platform as its subscription-only van. The company's reveal featured LA's "Dot Com" era startup favorite food truck, Kogi BBQ.

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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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Elon Musk Plans Massive Las Vegas Transportation Expansion

socalTECH

Elon Musk , and The Boring Company , the company he runs that is building underground transportation systems, is planning a massive expansion of its network, after the bankruptcy of the Las Vegas Monorail. According to documents and land use applications filed by The Boring Company, it now hopes to connect all of the Las Vegas Strip, the Fremont Street Experience and downtown Las Vegas, all the way to McCarran International Airport through its underground tunnels.

Journal 113
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QAD Acquiring German Company, Allocation Network GmbH

socalTECH

Santa Barbara-based QAD , which develops enterprise software used in the manufacturing sector, says it is in a definitive agreement to acquire a German company, Allocation Network GmbH , which provides strategic sourcing and supplier management. Financial details of the deal were not announced, and QAD said that the acquisition will "not have an immediate, material impact" on its financial results.

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Fisker Ties With Magna in Manufacturing Deal

socalTECH

Los Angeles-based electric car designer Fisker , the latest incarnation of the EV efforts of auto designer Henrik Fisker, says it has signed a definitive agreement with Magna International. According to Fisker, Magna will manufacture Fisker's upcoming Ocean vehicle in Europe. Fisker is hoping to show a prototype of the Ocean by the summer of 2021. Magna is a manufacturer of vehicles for a number of other automotive companies.

Design 113