Thu.Nov 07, 2019

Annual reviews or constant feedback?

Berkonomics

Here comes a controversial subject. How often do you take the time to rate your direct reports? Is it worth the time and effort when measured from the perspective of the company and of the employee? In terms of time, this can be expensive and disruptive to you and your direct reports.

Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

TechCrunch LA

Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. The company’s round was led by Vulcan Capital with additional participation from Madrona Venture Group, Tenaya Capital and Marubeni Corp.

Demand 100

Kajabi Gets Funding From Spectrum Equity

socalTECH

Irvine-based Kajabi , which develops a platform that helps both individuals, as well as small- and mid-sized businesses monetize online courses, training materials, and other content, has receive an investment from private equity investor Spectrum Equity. Financial details of the minority growth investment were not announced. Kajabi said the funding is its first institutional funding since it launched in 2010.

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Preccelerator Class 12 Demo Day + Alumni Showcase!

SoCal Tech Calendar

Wednesday, November 13, 2019 --.

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LA's ECMC Foundation Backs Female Entrepreneurs

socalTECH

Los Angeles-based ECMC Foundation , a foundation that provides funding to both nonprofit and for-profit ventures focused on college success and career readiness, has helped backed two female entrepreneurs, along with investment firm Chloe Capital. According to ECMC and Chloe Capital, they made an investment in Inscribe , the developer of an app used to help students succeed through community support.

Tech + Homeless: A Call to Action

SoCal Tech Calendar

Wednesday, November 13, 2019 --.

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More Trending

Report: Ring Video Doorbell Had Exposed Wi-Fi Passwords

socalTECH

According to a security report from BitDefender, it discovered a major security breach in the software of Santa Monica-based video doorbell and security camera maker Ring. Apparently, Ring--now owned by Amazon--had been sending the passwords of a user's Wi-Fi network in plain text, making it possible for hackers to intercept a user's Wi-Fi password. The vulnerability was apparently fixed by Ring in September. Ring has faced quite a bit of criticism for enabling widespread surveillance.

8minute Solar Energy Wins City of Los Angeles

socalTECH

Los Angeles-based utility-scale solar power project developer 8minute Solar Energy says it is in a partnership with the Los Angeles Department of Water and Power (LADWP), to build a new, 4000MW solar energy plant near California City. According to 8minute, the project also includes up to 300MW/1200MWh (megawatt hours) of battery storage, which can be used to provide power when the sun is not shining.

Cornerstone OnDemand Aims At GenZ Workers

socalTECH

Santa Monica-based Cornerstone OnDemand is looking to make it easier for Gen Z workers to adapt to the work force, with a new set of content it calls "Digital Native Advancement (DNA)". According to Cornerstone OnDemand, the new content will "help Digital Natives develop skills they need to thrive in the modern workplace." Gen Z are those people born between 1990 and 1999.