Wed.Oct 31, 2012

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Arborbridge Helps International Students With Test Prep

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Hoping to help foreign students better prepare themselves to get into U.S. colleges, a new, Santa Monica startup, ArborBridge , has recently begun to ramp up its online tutoring service for the standardized SAT and ACT tests. Arborbridge, founded by Tim Urban and Andrew Finn, connects those foreign students with one-on-one, live online SAT and ACT test preparation help from tutors.

Help 238
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10 Reality Checks for Entrepreneurs From the Master

Startup Professionals Musings

Most of the time, I’m all about providing encouragement and inspiration to entrepreneurs. They need it and they deserve it, because entrepreneurs are the lifeblood of our economy. But every so often, I try to give them a reality check, just to keep their feet on the ground and their nose to the grindstone. Many years ago, I enjoyed one of Guy Kawasaki’s first books, “ Reality Check: The Irreverent Guide to Outsmarting, Outmanaging, and Outmarketing Your Competition.

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Accelerator To Exit In 14 Months, With Eli Portnoy of ThinkNear

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There's been a sudden surge in accelerator in Southern California, looking to help get startups off the ground and funded. But, do they really help? For ThinkNear , it looks like the whole process paid off in less than two years, after the Los Angeles company went from the TechStars accelerator just last June, to a healthy acquisition by TeleNav earlier this month for $22.5M.

Startup 225
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LA’s Chewse Joins 500 Startups | A Better Marketplace For Us To Easily Order Great Food

Tech Zulu Event

LA-based company, Chewse has joined 500 Startups in Silicon Valley, making it the first starup from LA to join the prestigious accelerator program and seed fund. According to 500 Startups , it provides early-stage companies with up to $250K in funding and its startup accelerator program , unique events and an experienced network startup mentors around the world plus its creative work space at Silicon Valley not only gives founders a step ahead than founders out of these program but also expose

Startup 68
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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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Video: Darth Vader Goes To Disneyland

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If you're Darth Vader, what do you do now that you are owned by Walt Disney Co. ? A video just released by Walt Disney Parks imagines the result. (Burbank-based Walt Disney bought LucasFilm , the company started by George Lucas and which owns Star Wars, for $4.05 billion Tuesday). READ MORE>>.

Burbank 204
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GRP Partners Hits $148.6M In New Fund, GRP IV

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GRP Partners , the venture capital firm managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, seems to be making good progress on its newest fund, GRP IV, according to a regulatory filing from the firm filed Wednesday. The regulatory filing indicates GRP has raised $148.6M in committments for the $200M fund, which is still open to investors.

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Insights and Opinions: Storytelling and Startup Fundraising

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You've got your elevator pitch, but how much are you really engaging potential investors? For our Insights and Opinions section this morning, Steve Reich tells why it's as important to tell the whole story of your startup to close the deal with investors. Every startup has an elevator pitch, but what comes next? Do potential investors' eyes glaze over when you get beyond the quick, punchy one liner and try to REALLY describe your company?

Startup 173
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NantWorks' Firm Tensorcom Ships Wireless Chip

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Tensorcom , one of the companies which is part of NantWorks, the technology development firm owned by billionaire Patrick Soon-Shiong, said today that it has demonstrated a ultra low power, high speed multi-gigabit wireless chip. The chip, which is aimed at mobile devices, transmits data at 2.5 gigabits per second and only takes 100 miliwatts of power.

Mobile 170
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Greentoe Launches Ecommerce Marketplace

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Greentoe.com , a new online e-commerce marketplace, wants to let consumers set their own pricing for electronics products. The Los Angeles tartup said it has launched a site which lets users set their own price on cameras, TV, home audio equipment, and other consumer electronics, letting them propose prices they will pay for those items and letting retailers big on those offers.

Pricing 164
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BuQu Tech Plans Line Of Charging Accessories

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Camarillo-based BuQu Tech , which is a subsidiary of Battery-Biz, said today that it is planning a line of magnetic charging systems to make it easier to charge iOS and Android smartphones. BuQu Tech said its Magnetyze magnetic charging system will allow users to charge their smartphones and eliminate the need for multiple cords and cradles. The firm has rolled out a protective case for the Apple iPhone 4/4S, which also works with a charging stand which the firm says charges that phone using mag

S3 149
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Thesan Pharmaceuticals Raises $16M

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San Diego-based Thesan Pharmaceuticals said today that it has raised $16M in a Series A round, for the firm's developing of treatments for dermatological disorders. The firm said the funding was co-led by Novo Ventures and Novartis Venture Funds. Thesan is headed by Gordon Foulkes, and said it has licensed its products from the University of California, Irvine, out of the laboratory of Professor Daniele Piomelli, who is Louise Turner Arnold Chair of Neurosciences at UCI.

UCI 147
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SendGrid Ties Into Azure Store

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SendGrid , the provider of email infrastructure for application developers which has operations in Anaheim, said today that it has launched on the new Windows Azure Store. SendGrid said it would offer its email infrastructure management services through Microsoft's new store, which is aimed at application developers using Windows Azure, to help them connect into third party technology.

Riverside 140
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ServiceNow Files For Secondary IPO Offering

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San Diego-based ServiceNow is looking to sell $300M in a secondary IPO offering, according to a filing made by the company Wednesday. The firm said it will not receive any proceeds from the sale by the selling stockholders. ServiceNow went public in June, pricing at $18.00 per share; the firm is now trading around $30.65 per share on the NYSE as NOW.

San Diego 138
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Acacia Research Names New VP

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Newport Beach-based Acacia Research , the patent licensing firm, said today that it has named David Witt as Vice President of Acacia Research Group LLC. Witt joins the firm from Texas Instruments, where the company said he was involved in architecture and development of TI's OMAP2, OMAP3, and OMAP4 application processors. Witt has also served at AMD, Analog Devices, VIA Technology and Motorola.

Research 138