Thu.Jan 02, 2020

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Do you empower others?

Berkonomics

So, we’ve previously discussed why it is important for you to build consensus in an organization in most every major decision. To do that, you must be able to relinquish some degree of power, overriding decisions made by consensus only with some thought and certainly with an explanation to those involved. Never fear empowering others. If you’re secure in your position, you should never fear empowering direct reports to make decisions that fall within the resources allocated to them and within t

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Interview with Matt Danna, Co-founder and CEO, Boulevard

socalTECH

If you run a salon or spa, how do you tackle the challenges of scheduling and your point-of-sale? Los Angeles-based Boulevard (www.joinblvd.com) has develops business management software to help premium salons and spas with their operations. The company is lead by Matt Danna , who previously was at Fullscreen, and is backed by Index Ventures and Bonfire Ventures.

Startup 100
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After Antitrust Challenges, Illumina and PacBio Throw in Towel on Merger

Xconomy

DNA sequencing machine maker Illumina will have to find another way to “read” long pieces of genetic material as well as short stretches, the genomic giant’s bailiwick. Its $1.2 billion proposal to acquire long-read capability by buying rival Pacific Biosciences ended Thursday following challenges from antitrust regulators. The deal foundered about 14 months after the companies first announced the plan to combine businesses.

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Arena Pharmaceuticals, Beacon Discovery In Partnership

socalTECH

San Diego-based companies Arena Pharmaceuticals and Beacon Discovery said this morning that they are in a new, strategic partnership, focused on commercializing treatments for a variety of immune and inflammatory diseases. According to the two, the multi-year partnership focuses on building novel medicines across a range of G protein-coupled receptor (GPCR) targets.

San Diego 100
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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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Yardi Wins Customer In Singapore

socalTECH

Santa Barbara-based Yardi , which develops real estate management software, reported over the holidays that it has been selected by a customer in Singapore. According to Yardi, JMD Group of Companies will manage its real estate assets with Yardi Voyager, Yardi's cloud-based propert management and accounting software. Financial impacts of the deal were not announced.

Customer 100
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Amgen Expands Oncology Efforts In China With BeiGene

socalTECH

Thousand Oaks-based Amgen announced Thursday that it has entered into a strategic collaboration with BeiGene the expand its oncology research efforts in China. According to Amgen, it paid $2.8 billion in cash to acquire a 20.5 percent stake in BeiGene. Amgen said the move will "significantly accelerate" its plans to expand its oncology efforts in China.

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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. Today, we share the thoughts of Peter Cowen , Managing Director of Sutton Capital Partners (www.suttoncapitalpartners.com). Socaltech has partnered with Sutton Capital Partners with their Recurring Revenue Conference for several yars.

Capital 100