Wed.Sep 25, 2019

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Soylent Rolls Out Green Mint Chocolate, Embraces Dystopian Name Origin

socalTECH

Los Angeles-based Soylent , the startup which offers up drinks and other meal replacement items which pack in essential nutrients and protein so users can (almost) skip normal meals, has rolled out a new product--and finally embraced the odd use of a name best known for its dystopian, science-fiction origins. According to Soylent, it has rolled out "Soylent Green Mint Chocolate", a new creamy, milk chocolate with a minty taste.

Resource 149
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City of LA Contracts Everbridge for NotifyLA Upgrade

L.A. Business Journal

The City of Los Angeles' emergency alert system, NotifyLA, will be upgraded by Pasadena-based technology firm Everbridge Inc. thanks to a new agreement finalized Sept. 23.

Pasadena 100
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Super Hi-Fi Links With Targetspot For Audio Ads

socalTECH

Los Angeles-based Super Hi-Fi , a developer of artificial intelligence (AI) technology for improving digital streaming and listening experiences, said it has linked up with ad delivery and monetization company Targetspot. According to the two, the deal will provide new ad delivery capabilities for digital music services. Financial details of the deal were not announced.

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New Venture Equity As Compensation Is A Long-Term Bet

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” In reality, the number of shares doesn’t mean anything – it’s your percent of the total that you need to negotiate.

Equity 94
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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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FandangoNOW Launches On Oculus

socalTECH

FandangoNOW , the video-on-demand service run by Los Angeles-based movie ticketing and information site Fandango , has launched a new movie and TV store on Oculus Go and Quest , the company said o Wednesday. According to Fandango, the new store provides access to its catalog of over 90,000 movies and TV shows. Fandango said that FandangoNOW is available now on both the Oculur Go VR headset and Oculus Quest, the all-in-one gaming headset from Oculus.

Fandango 113
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Report: IPO Activity Picking Back Up Following Quiet, Volatile Q3

Xconomy

While the headlines may be dominated by news of WeWork putting its IPO on hold after reports about its questionable corporate governance, the overall initial public offering market is doing just fine. So far, 127 US companies went public in the first nine months of the year and the amount they raised already topped three of the past four years. Collectively these businesses raised about $44 billion in their debuts, topping the $34 billion, $21 billion, and $40 billion raised in 2015, 2016, and 2

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Greycroft Backs ZenBusiness In $15M Funding

socalTECH

Los Angeles-based venture investor Greycroft is the lead investor in ZenBusiness , a new startup providing small business services. According to ZenBusiness, it raised $15M in its Series A funding, which was led by Greycroft, and also included Lerer Hippea, Revolution's Rise of the Rest Seed Fund, as well as Rosecliff Venture Partners, Interlock Partners, and Recruit Strategic Partners (RSP).

Funding 113
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174 Power Global Lands Solar, Battery Storage Deal In Florida

socalTECH

Irvine-based utility-scale, solar power development company 174 Power Global said this morning that it has scored a win in Jacksonville, Florida, for a nine megawatt (MW) solar plus battery energy storage system. According to 174 Power Global--owned by the Hanwha Group--the project is its first, utility-scale direct current couple solar plus storage product.

Product 113
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LegalZoom Names New CEO

socalTECH

Glendale-based LegalZoom , the provider of legal documents and services for small businesses and families, has named a new CEO, saying on Tuesday afternoon that it has named Daniel Wernikoff as its new Chief Executive Officer. Wernikoff takes over from longtime CEO John Suh, who LegalZoom said will become a Senior Advisor to the company. Suh will also step down from his position on the company's board of directors.

Legalzoom 113
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Canoo Aims At Subscription EVs, Hopes To Launch In 2021

socalTECH

A new, Los Angeles-based startup, Canoo , says it is hoping to launch a brand new, electric vehicle (EV) subscription service, which uses vehicles designed and built by the company. According to Canoo, it hopes to launch its subscription-only EV service starting in 2021, in Los Angeles. Canoo rolled out details on its vehicle on Tuesday, saying it had created an EV with "significantly more interior space" and which it called "an urban loft on wheels".

Startup 113