Wed.Nov 18, 2020

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5 Rules For Every Business In The New Sharing Economy

Startup Professionals Musings

Now that you can find anything on a moment’s notice via the Internet, people have found that a temporarily unused expensive asset, such as a room in your house, or your car sitting idle, is a new business opportunity. Thus the rise of the “ sharing economy ,” with collaborative and peer-to-peer (P2P) platforms , including Lyft (rides), Airbnb (lodging), and WeWork (workspace).

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Los Angeles Sets Up Transportation Technology Zone

socalTECH

The City of Los Angeles and Mayor Eric Garcetti said this week that it is launching a new Transportation Technology Innovation Zone , which Garcetti said will allow innovators to test their transportation technology solutions. The new zone--located in the San Fernando Valley, around Warner Center--will initially launch with a project to test a zero-emissions, last mile delivery service that connects individuals homebound by the pandemic to food from local businesses.

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KB Home Tops 11,000 Solar Powered Homes

socalTECH

Los Angeles-based new home builder KB Home says it has now topped over 11,000 solar-powered homes, since it started offering up solar power options toits customerss. The company says it built its first "all-solar community" in 2011. KB Home did not say how many of those homes were built in 2020, the first year that California has required all new homes to be installed with rooftop solar power.

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LiveXLive Names New CFO

socalTECH

Los Angeles-based livestreaming and podcasting company LiveXLive Media announced this morning that it has named Michael Quartieri as its new CFO. Quartieri was most recently Executive Vice President and Chief Financial Offier at Scientific Games. He also served at Las Vegas Sans Corp., serving in such roles as Senior Vice President, Chief Accounting Officer and Global Controller.

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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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AFYX Therapeutics Sets Chief Medical Officer

socalTECH

San Diego-based biopharmaceuticals firm AFYX Therapeutics has named a new Chief Medical Officer, the company said this morning. The company appointed Dennis D. Kim, M.D., MBA to the position. Kim was most recently chief medical officer of Emerald Health Sciences (EHS) and later of its subsidiary Emerald Bioscience (EMBI), and also served at Zafgen, Inc., Orexigen Therapeutics, and EnteroMedics, Inc.

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Everytable Takes $16M For Healthy Meals

socalTECH

Los Angeles-based healthy meal service Everytable , which offers up grab-and-go, healthy meals as an alternative to fast food, has raised $16M in a Series B funding round, the company said on Tuesday. The funding was led by Creadev, and also included Kaiser Permanente Ventures, Candide Groupe, Gratitude Railroad Ventures, Desert Bloom Food Ventures and Kimball Musk.