Fri.Jul 02, 2021

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8 Personal Attributes Mitigate Startup Funding Risks

Startup Professionals Musings

In the eyes of investors like me, to be an entrepreneur, it’s not enough to create an innovative solution – you need to convince me that you can build a profitable business. Investors expect a great return for their risk, so they look for people who can look beyond the technology and their own passion to see a customer need that perhaps even the rest of us haven’t yet envisioned.

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MyLife Links With Travel + Leisure On Travel App

socalTECH

Los Angeles-based MyLife, which operates a personal mindfulness and emotional wellness app for kids and adults, has linked with Travel + Leisure. According to the two, they will launch a new "mindfulness series" on the MyLife App called "Travel + Leisure's Mindful Travel Collection". The companies said the app will help travelers "take in everything a destination has to offer, combat jetlag, calm the mind to get them asleep on overnight flights or in new time zones, and to be able to live in the

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Phase Four Launches Another Satellite Thruster Into Space

socalTECH

El Segundo-based Phase Four, which is developing thrusters for satellite propulsion, says it has launched one of its Maxwell engines into space. According to the startup, the engine was launched onboard a Capella Space SAR satellite which went into space on June 30th on a SpaceX launch. The company says the engine is its fourth delivered to space. The company is developing more efficient propulsion means for satellite positioning, using radio frequency (plasma) propulsion.

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Cake Connects With $4M In Venture Capital For Sex Products

socalTECH

Los Angeles-based Cake, a consumer products company that develops lubricants and other (NSFW) products it bills as designed for "sexual wellness", has attracted the rare attention of venture capital investors, saying that it has raised $4M in a seed funding round. The company said the funding was led by Lerer Hippeau, and also included Sugar Capital, Brand Foundry Ventures, Selva Ventures, Silas Capital, Gabby Slome (Co-Founder of Ollie), Brian Bordainick (Co-Founder of Starface) and angel Kate

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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.