Mon.Aug 22, 2016

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Your Customer Success Team Is Focusing On The Wrong Definition Of Success

InfoChachkie

A version of this article previously appeared in Forbes. L-to-R: John Greathouse, unknown woman about to slap John, Reed Shaffner, Jerry Jao & Ara Mahdessian. My venture firm, Rincon Venture Partners recently teamed with Jason Lemkin, Founder of SaaStr , to host the first SaaStrX event. I had the honor of moderating a panel of three SaaS CEOs who have collectively raised nearly $40 million of venture capital and are on their way to breakout success: Reed Shaffner of Workpop , Jerry Jao of Re

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Kobe Bryant, Jeff Stibel Team On New $100M Venture Capital Fund In LA

socalTECH

In an interesting intersection of LA's world of technology, investing, and sports, Kobe Bryant , the LA Laker star, and technology startup veteran Jeff Stibel have teamed up to create a new, $100M venture capital fund, to invest in technology, media, and data companies. According to the two, the new firm, Bryant Stibel , will be entirely funded by Stibel and Bryant.

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Silicon Beach Report Aug. 22: Kobe Bryant Launches $100M Venture Capital Fund

L.A. Business Journal

Kobe Bryant launches $100 million venture capital fund, L.A. Dodger announces second accelerator class, and SpaceX puts first vertical rocket landed on display in Hawthorne.

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LA Dodgers Accelerator Names New Class

socalTECH

The LA Dodgers Sports Accelerator , the startup accelerator program run by the Dodgers organization in conjunction with R/GA , has announced the five participants in its second class of startups today. According to the accelerator, it has added Greenfly (content creation and distribution); Keemotion (sports video streaming for broadcasters, professional leagues, and universities); ShotTracker (basketball stats); Renegade (sports detergents); and WSC Technologies (personalized sports video platfo

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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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Kobe Bryant Launches $100M Venture Capital Fund

L.A. Business Journal

Kobe Bryant has launched a $100 million venture capital fund.

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CalAmp Launches Industrial Cellular Routers

socalTECH

Irvine-based CalAmp said late last week that it has launched two new cellular router products, aimed at the industrial market. According to CalAmp, its new Vanguard 400 and Vanguard 600 are two cost-optimized cellular routers designed to provide reliable wireless connectivity for monitoring and control of industrial fixed assets. The two devices are aimed at use in smart grid and remote site applications, where users require either primary, temporary, or back up internet connectivity using 3G.

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Virtium Aims At Industrial Market With New SSDs

socalTECH

Rancho Santa Margarita-based solid state storage developer Virtium says it has launched a new set of products for the industrial and embedded storage market. According to Virtium, its new TuffDrive SSDs feature up to 256GB capacity and low power consumption, and are specifically designed for the eUSB 10-Pin form factor, for industrial and embedded applications.

Marketing 109
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At “The Vine,” Developer Builds a Vertical Campus for Tech Startups

Xconomy

In downtown San Diego, a private real estate company best known for its master-planned communities in suburban Southern California has posed some existential questions for regional tech hubs looking to build their own startup ecosystems. For example: Can a 20-story office tower serve as a “vertical campus” and innovation hub for local tech companies?

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ViaSat Wins Navy Contract

socalTECH

Carlsbad-based Viasat announced this morning that it has received a new, military contract award, from the Space and Naval Warfare Systems Command (SPAWAR), to modernize the U.S. Navy's UHF satellite communications network. The contract is worth $48,270,580. ViaSat said it will help support the sustainment and modernization of the joint UHF military satcom network integrated control system, UHF satcom channel controllers and user terminals.

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It Pays To Maintain Trusted Relationships In Business

Startup Professionals Musings

Based on my years of experience in both startups and large companies, trusted relationships are more the key to success than a great business model, how smart you are, or how much money you have. Aspiring entrepreneurs who struggle in a corporate environment often can’t wait to start their own company, only to find that relationships are even more critical and volatile there.

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Vroozi Deploys In The UK

socalTECH

Los Angeles-based mobile procurement software developer Vroozi said this morning that it has deployed its software in the UK, as part of an online marketplace for the U.K. Government, called G-Cloud. Vroozi said it is rolling out its solution via U.K. channel partner voom! The U.K.'s G-Cloud is similar to the US GSA listing: Vroozi said G-Cloud listing means that any public sector group can buy items or services without running a full tender or competition procurement process.

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MyLAB Box Brings STD Tests To Your Door

Tech.Co

While on the road to finding the global Startup Of The Year , we’re on a mission to feature and highlight as many rising stars as possible. From tech and hardware, to entrepreneurs improving the accessibility of health information, each month dozens of new startups try to breakout and create an impact in their industry. This week we spoke to Ursula Hessenflow CEO of myLAB Box , a company looking to improve how people test for STDs. myLAB Box From Los Angeles California. myLAB Box, an at-home STD

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Platinum Equity Buys Two Chinese Manufacuring Companies

socalTECH

Los Angeles-based private equity investor Platinum Equity announced today that it has acquired two Chinese businesses from Broadway Industrial Group Limited. Platinum Equity said it acquired Foam Plastic Solutions (FPS) and Flow Control Devices (FCD) from Broadway Industrial. FPS supplies protective packaging, insulation and component products to the consumer electronics, automotive, medical and other end-markets, and FCS provides valves, fittings, sensors, and related components.

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Intelligence + Maturity = Better Leaders

Xconomy

There are plenty of smart executives in the world, but they often make poor leaders. That’s because it takes both intelligence and maturity to excel at leadership. And when I say maturity, I don’t necessarily mean age, although generally more life experience is helpful. Maturity is the ability to manage oneself in challenging situations and to balance inquiry and advocacy about how to move forward.

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MabVax Raises $9.4M In PIPE

socalTECH

San Diego-based oncology drug developer MabVax Therapeutics says it has raised $9.4M in a funding, in a combination of a public offering of its common stock and Series F preferred stock and warrants. The publicly traded company, listed on the Nasdaq as MBVX, said the funding came from OPKO Health. MabVax said the Series F preferred stock went for $4.81 per share of common stock, and included a warrant at $5.55 per share and $6.29 per share.

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Cast & Crew Completes Caps Payroll Buy

socalTECH

Burbank-based Cast & Crew Entertainment Services , the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of Culver City-based CAPS Payroll. Financial details of the acquisition--which had originally been announced in June--have not been announced.