TechCrunch LA
SEPTEMBER 23, 2020
In this case, money, it really is the shoes. GOAT , the proprietor of online and physical retail locations for reselling the collectible kicks and kits that are the currency of street cred and cultural cool among the youths, is now worth a whopping $1.75 billion thanks to $100 million in new financing. It’s a big number, and a big day, for the Los Angeles-based startup.
socalTECH
SEPTEMBER 23, 2020
In a world of Tinder, Match, and dozens of other online dating applications, is there room for another approach to dating? Constance Curtis , the Founder and CEO of The List (www.getthelistapp.com), thinks so, and tells us about her startup's efforts to bring the world of matchmaking to the modern worldand how her own frustration with online dating let to her startup.
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TechCrunch LA
SEPTEMBER 23, 2020
After operating in stealth mode for about two years, First Resonance , a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss. It’s a suite of software products that can allow for more flexible manufacturing processes and one that can handle the pressures of remote monitoring for companies making hardware in the age of social distancing brought on by the CO
Startup Professionals Musings
SEPTEMBER 23, 2020
A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. They are quick to point out that many of today’s top entrepreneurs, including Evan Williams (Twitter), Bill Gates (Microsoft), and Mark Zuckerberg (Facebook), dropped out of school to get on with their dreams.
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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.
TechCrunch LA
SEPTEMBER 23, 2020
Leonardo DiCaprio is making a significant commitment to the Los Angeles-based investment firm, Struck Capital , as part of the actor’s commitment to building LA into a tech development powerhouse. It’s part of what Struck Capital founder Adam Struck called a vision of making Los Angeles “a leading hub for innovation to save the world.” Struck Capital, which is currently investing out of a $55 million second fund, would not disclose the size of DiCaprio’s stake, but
socalTECH
SEPTEMBER 23, 2020
San Diego-based machine learning software developer Point Predictive has raised a new, Series B growth financing round, the company announced this morning. Size of the new funding round was not announced. Point Predictive said the round was led by Napier Park Financial Partners, and also included prior investor Mosaik Partners. As part of the funding, the company has named Michael Housman as Chief Technology Officer and promoted Eric Werab to Chief Revenue Officer.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
SEPTEMBER 23, 2020
Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. Amount of the Series N funding round was not announced, and Legendary Ventures did not say how much it invested in SpaceX through the round, and whether is was a major or minor investor in the round.
socalTECH
SEPTEMBER 23, 2020
Los Angeles-based audio streaming service Vurbl , which is focused on building a platform for audio streaming, says it has raised $1.3M in a "pre-seed" funding round, the company announced on Wednesday. According to the startup, the round was led by AlphaEdison and also included Halogen Ventures, TEN13, Angellist, and individual angels. According to the company, it will use the funding to develop and launch its platform.
socalTECH
SEPTEMBER 23, 2020
San Diego-based Libra Therapeutics , a new startup developing treatments for various neurodegenerative diseases, has raised $29M in its Series A funding round, the company said this morning. According to Libra Therapeutics, the funding was co-led by Boehringer Ingelheim Venture Fund (BIVF), Epidarex Capital, and Sante, and also included Yonjin Venture, Dolby Family Ventures, and Sixty Degree Capital.
socalTECH
SEPTEMBER 23, 2020
Los Angeles-based GOAT Group , which operates an online marketplace for collectible sneakers, apparel, and other accessories, has raised another $100M in funding, the company said this morning. The Series E funding was led by D1 Capital Partners. According to GOAT Group, the new funding will go to further accelerate growth across product categories and geographies.
socalTECH
SEPTEMBER 23, 2020
Santa Monica-based prescription and healthcare marketplace operator GoodRx has priced its IPO, saying late last night that it is offering up 34,615,384 shares of its Class A common stock at $33.00 per share. The company priced well above its initial offering range, which was $24.00 to $28.00 per share, indicating high investor interst in the company.
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