Wed.Oct 28, 2020

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LA-based MarketerHire upgrades its service matching remote marketers with companies

TechCrunch LA

MarketerHire , a Los Angeles-based startup backed by a slew of executives from some of the city’s hottest startups, launched its new service matching freelance marketing experts with open jobs listed on its platform. . “Today’s startup economy depends on the expertise of industry specialists as much or more than full-time generalists,” said Nick Green, co-founder and CEO Thrive Market, MarketerHire customer and investor, in a statement.

Marketing 265
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5 Steps To A Winning Strategic Plan Execution Process

Startup Professionals Musings

In my years of advising business leaders, from entrepreneurs to enterprise executives, I often hear a passion for strategic change planning, but seldom see the same commitment to strategic execution. I fully understand that real change is hard, but I’m convinced that more focus on the execution is required to overcome the current 70 percent failure rate for strategic transformations.

Coach 159
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Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest

TechCrunch LA

In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. Acting as if there’s not still a global pandemic raging throughout the world, some of the largest institutional financing firms like Wellington Management, TSG Consumer Partners, CPP Investments, and funds managed by BlackRock poured more money into

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How the New Shopify-TikTok Partnership Helps Small Businesses

Tech.Co

A just-announced partnership between the social giant TikTok and the ecommerce giant Shopify could mint a brand-new class of TikTok-friendly ecommerce stores. The two platforms are both huge in their respective markets: By connecting TikTok's audience with small businesses online everywhere, this team-up could offer a lifeline to business owners amid a rocky economy.

Help 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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Investors back Pacific Consolidated Holdings to merge leading LA-based liquor and weed delivery companies

TechCrunch LA

There’s a new company that’s sitting on top of some of the fastest growing consumer-facing businesses in the world — liquor and marijuana delivery — and its name is Pacific Consolidated Holdings Group. The investment firms and executive teams behind the Los Angeles-based delivery liquor delivery company, Saucey , along with Inception Companies, the backer of marijuana distribution company, Emjay , have formed Pacific Consolidated to merge their two companies and build wha

Company 188
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Cannabis, Alcohol Delivery Services Merge

L.A. Business Journal

Newly formed holding company Pacific Consolidated Holdings announced the merger of alcohol retailer Saucey and cannabis vendor Emjay.

Services 138

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Rocket Lab Launches 15th Electron Rocket

L.A. Business Journal

Long Beach-based aerospace company Rocket Lab USA Inc. has successfully launched its 15th Electron rocket.

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Pacific Consolidated Buys Saucey, Emjay

socalTECH

A new, Los Angeles-based operating and holding company, Pacific Consolidated Holdings Group Inc. (PCH) announced on Wednesday that it has acquired both alcohol delivery and logistics platform Saucey , as well as cannabis delivery and retail software developer Emjay. Financial terms of the acquisition were not announced. Pacific Consolidated Holdings said it is focused on "cannabis and analogous vice industries".

San Diego 113
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Happy Returns Links With Inmar Intelligence

socalTECH

San Monica-based Happy Returns , which operates services to help online, e-commerce retailers handle and accept returns, and retail and e-commerce returns processing company Inmar Intelligence said this morning that the two have entered into an agreement where Inmar Intelligence will be a reseller of Happy Returns' Returns Bar and Online Returns Exchange Services (ORES).

Commerce 113
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Two LA Venture Funds Get Backing From PayPal

socalTECH

Two, Los Angeles-area venture capital investment funds have gotten backing from PayPal , as part of a new effort by PayPal to support Black and Latinx-led venture capital funds. According to PayPal Holdings, it invested a total of $50M in eight, early-stage, Black and Latinx-led venture capital funds yesterday, including two, Los Angeles area funds-- Slauson & Co. , led by Austin Clements and Ajay Relan; and VamosVentures , led by Marcos C.

Funding 113
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Arena Pharmaceuticals Spins Off Longboard Pharmaceuticals With $56M Funding

socalTECH

San Diego-based Arena Pharmaceuticals announced this morning that it has launched a new company, Longboard Pharmaceuticals , with $56M in funding. According to Areana, the newly launched company will focus on investigational therapies for rare neurological diseases. The new funding comes from Farallon Capital, Cormorant Asset Management, HBM Healthcare Investments, Highside Capital Management, and T.

Funding 113
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Scopely Scores $340M Funding Round

socalTECH

Los Angeles-based mobile games developer Scopely announced this morning that it has raised a huge, $340M Series E funding round. According to the company, the new funding came from Wellington Management, NewView Capital, TSG Consumer Partners, Canada Pension Plan Investment Board (CPP Investments), funds managed by BlackRock, D1, Battery Ventures, Eldridge, Declaration Partners, and Moore Strategic Ventures, plus Greycroft, Baillie Gifford, Sands Capital, Revolution Growth, and Highland Capital

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