Startup Professionals Musings
DECEMBER 11, 2019
These days, it is almost impossible to find a small business where everything is done at the home location, by full-time employees. We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure.
socalTECH
DECEMBER 11, 2019
In an unusual move, Santa Monica game development studio Naughty Dog is donating all of the proceeds of its "Limited Run" sales of four games--Jak and Daxter, Jak 2, Jak 3, and Jak X: Combat Racing--to charitable organizations, including at least one in the Los Angeles area. Naughty Dog said those funds will go to K9 for Warriors, Childs Play, Surfrider Foundation, LGBT Center of Los Angeles, Able Gamers, and DAGERS.
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SoCal Tech Calendar
DECEMBER 11, 2019
Tuesday, December 17, 2019 -- Preccelerator Workshop: Term Sheets w/ Caroline Cherkassky and Kelly Laffey. Topics that will be covered include: Type of financing: convertible notes vs SAFEs vs priced equity rounds Convertible notes and SAFEs: caps, discounts, and other key terms Priced equity rounds: economic provisions, voting rights, and other key terms.
socalTECH
DECEMBER 11, 2019
Los Angeles-based venture investor Wavemaker Partners is one of the lead investors in San Francisco-based Balloon , a developer of tools used by companies for collaboration and sharing. Baloon said it raised $2.1M in seed funding, which was co-led by Jason Calacanis' LAUNCH and Wavemaker Partners along with Imagination Capital, Streamlined Ventures, XFactor Ventures, Matt Mullenweg, and others.
Advertiser: Aggregage
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.
Xconomy
DECEMBER 11, 2019
Iterum Therapeutics’ bid to bring patients a new antibiotic that’s safer than currently available drugs has fallen short of the main efficacy goal of a late-stage clinical trial. But the company is pinning its hopes on another Phase 3 study that will report data early next year. Iterum (NASDAQ: ITRM ) reported preliminary Phase 3 data late Tuesday for its antibiotic, sulopenem, which is being tested as a treatment for complicated intra-abdominal infections.
socalTECH
DECEMBER 11, 2019
Online music streaming service Napster (now owned by Rhapsody International), and Los Angeles-based audio technology developer Super Hi-Fi announced this morning that the two have entered into a partnership, where the two will work together on personalized and branded music. According to the two, they will be connecting Napster's back-end music and audio platform with Super Hi-Fi's front-end integration.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
DECEMBER 11, 2019
San Diego-based XOKind , a new startup focused on building artificial intelligence software for the travel market, has raised $1.6M in a seed funding round, and emerged from stealth mode, the company said today. According to XOKind, its funding round was led by Section 32, and alos included angels Adam D'Angelo, Amir Khosrowshahi, Andreas Quandt, Bob Gunderson, Ishan Mukherjee, Naveen Rao and The Operator Network (Avid Larizadeh Duggan, Chuck Dietrich, Frederic Kerrest and Jacques Kerrest).
socalTECH
DECEMBER 11, 2019
Our interview this morning is with Laurence Sotsky , the CEO of The OIX , a startup providing tax credit and tax incentive management. Sotsky is an experienced entrepreneur, who last founded and led Hopscotch; The OIX is backed by Brett Markinson, the angel investor who has backed such companies as Hautelook and LowerMyBills. WE spoke with Laurence about the startup.
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