Fri.Mar 25, 2016

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. We also know that even though many of us who are experienced in startup successes & failures look at businesses and say, “That will never work” (as many people said about Uber) or “You can’t make any money in that business” (as many said

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Report: Snapchat Acquires Bitstrips For Around $100M

socalTECH

Los Angeles-based Snapchat has acquired emoji software developer Bitstrips , in a deal worth around $100M in cash and stock, according to a report this morning. Fortune citing multiple sources, says the companies refused to comment on the deal. Bitstrips makes an app called Bitmoji, which lets you create your own, personalized emojis/cartoon avatars, with customized hair, coloring, eyes, and other features, which can be shared and incorporated into different scenes, and even personalized comic s

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses — tech or otherwise — fail.

Startup 221
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Boingo Wireless Targeted By Activist Investor

socalTECH

Los Angeles-based Boingo Wireless reported on Thursday afternoon that an investment group, Ides Capital Management LP , has nominated two candidates for election to the company's board of directors. Boingo Wireless said that Ides Capital owns 104,927 shares, or approximately 0.3% of the outstanding shares of the company. Boingo said that it was "disappointed" that Ides Capital decided to publicly announce that nomination of directors.

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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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How To Get New Customers By Targeting New Markets

Startup Professionals Musings

Many entrepreneurs assume that everyone will love their solution as much as they do, so they tune their marketing focus based on their own needs and wants. That’s the right place to start, but real growth and scale requires attracting customers who are not like you. Expanding your market into these areas requires thinking outside your personal box. For example, Starbucks found initial success with professionals aged 25 to 40 in urban areas and with moderately high income but later looked to a ne

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Ambry Genetics Founder Shifts Out Of CEO Role

socalTECH

Aliso Viejo-based genetic diagnostics software developer Ambry Genetics sai Thursady afternoon that its founder and current CEO, Charles Dunlop, will shift to become Chairman and President. The company said that Dr. Aaron Elliott has become CEO of the company. Elliot had been serving as Chief Operating OFfier and Chief Scientific Officer at the company.