Berkonomics

DECEMBER 16, 2021

Here’s the bright side to patents. When you think of patents, you think of added value to the corporation in the form of protection of its intellectual property. In fact, many corporations spend millions developing surrounding patents to form what is known as a “patent thicket,” much like Brer Rabbit jumped into to protect himself against his detractors in the briar patch.

Patents 156

Patents Email Company Companies 156

socalTECH

DECEMBER 16, 2021

Los Angeles-based, shared scooter and bicycle rental service Bird has put out some numbers this morning, saying that use of its service has contributed an estimated $100M in incremental spending at local businesses in 2021, and saved an estimated 1.1 million gallons of gasoline. The company said the numbers came via a six-month study from Emory University's Goizueta School of Business.

Study 113

Study Los Angeles Services Angel 113

socalTECH

DECEMBER 16, 2021

Los Angeles-based electric vehicle charging network operator EVgo says it has rolled out a brand new app, which it says adds new personalization features, search capabilities, a redesigned map, and more. The company said the enhancements are aimed at streamlining user experiences and increasing network utilization. EVgo has a network of 1500 public fast chargers and 1,200+ L2 chargers across 68 metropolitan areas and 35 states.

Networking 113

Networking Los Angeles Angel Company 113

socalTECH

DECEMBER 16, 2021

Santa Monica-based online employment marketplace ZipRecruiter said this morning that it has made a number of employment changes among its executive staff. The company said David Travers has been promoted to President, after serving as CFO of the company. Timothy Yarborough, who had been the company's Chief Business Officer, has been promoted to Chief Financial Officer; and Amy Garefis, who was the company's Senior Vice President of Accounting, is now Chief Accounting Officer.

Santa Monica 113

Santa Monica Company Companies 113

Advertiser: Aggregage

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.

Company

socalTECH

DECEMBER 16, 2021

Los Angeles-based AvantStay, which operates a high end, short term rental marketplace, says it has raised $160M in a Series B funding round, the company said on Wednesday. The funding was co-led by Tarsadia Investments, and also included 3L Capital, along with Capital One Ventures, Bullpen Capital, and Convivialite plus angel and celebrity investors Saluda Grade, Greenhawk, Stephen Pagliuca, Fred Tuomi, Jerry Coleman, Jay McKee, Plus Capital, Paul George, Shawn Mendes, and others.

Los Angeles 113

Los Angeles Capital Invest Funding 113