Fri.Sep 15, 2017

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StartEngine Plans New Equity Crowdfunding Campaign, For Itself

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Los Angeles-based StartEngine , the equity crowdfunding site led by serial entrepreneur Howard Marks, told its supporters on Friday that it is planning to launch a new, equity crowdfunding effort: for itself. According to StartEngine, in an email to investors in earlier equity crowdfunding efforts on its site, that in the coming weeks, StartEngine will be offering its own shares to investors.

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NASA Nominee Bodes Well For Entrepreneurs

L.A. Business Journal

President Donald Trump’s nomination of Jim Bridenstine, a U.S. representative from Oklahoma, as the next administrator of NASA could bring a wave of business to Southern California aerospace companies.

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Cie Digital Labs Names Entrepreneur In Residence

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Irvine-based Cie Digital Labs (CDL) said this week that it has named Jim Davis as the company's new Entrepreneur in Residence. Davis previously served at at eBay and Pepsi, and is Managing Partner at early stage venture capital investor Rezven Partners. Cie Digital Labs, led by Anderee Berengian, recently has focused on helping brands and also startups take their ideas and turn them into new technology ventures.

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Silicon Beach Report Sept. 15: StartEngine Plans to Raise Money Through Crowdfunding

L.A. Business Journal

StartEngine plans to raise money through crowdfunding, Pelican Products unveils iPhone 8 and iPhone X cases and Snapchat expands Emmy Awards coverage under three-year deal.

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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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Yardi Launches Housing Registry For Hurricane Irma

socalTECH

Santa Barbara-based real estate software developer Yardi says it has launched yet another website to help victims of a hurricane find housing. Yardi said that it has launched a dedicated housing registry for people who were displayed by Hurricane Irma, to help them find temporary or permanent homes in the affected and surrounding areas. The site is the second created by Yardi in the last two weeks for victims of a hurricane.

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7 Effective Approaches For Navigating Office Politics

Startup Professionals Musings

Running a business would be so much easier if we didn’t have to deal with office politics. Every business professional not only have to deal with their own office politics, but also with those in their customer offices, vendors, and partners. According to some sources , 47 percent of workers feel that office politics take away from their productivity, and is one of the top 10 stressors.

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Dealmaker, Thought Leader & More: The X of the Year Xconomy Award Finalists

Xconomy

Given the size and diversity of the life sciences community in the Boston area, we at Xconomy knew that many candidates would be so unique that they wouldn’t fit neatly into a category. So we gave them a category of their own. These finalists represent the wide range of talent—from investors to entrepreneurs and thought-leaders—that together make the Boston biotech hub such a strong one.

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Slacker Acquired By LiveXLive

socalTECH

San Diego-based online radio station and music streaming service Slacker Radio has been acquired by LiveXLive , the two companies announced on Friday. Financial terms of the acquisition were not announced, however, an SEC filing indicates the deal was worth around $50M, split between $44M in cash and $6M in stock. LiveXLive is a live music streaming service.

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Bio Roundup: Phase 3 Fails, Shkreli Jailed, Moderna Flip-Flops & More

Xconomy

It was a week of realignments. President Trump, who used to be known as “The Donald” but now goes by “ Amnesty Don ,” kept up the parlay-voo with his new friends Chuck and Nancy. Martin Shkreli, who was once known— and still is! —as the “pharma bro,” will have a new perspective for a while, through the bars of a jail cell.

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Pelican Rolls Out New iPhone Case Line

socalTECH

Torrance-based Pelican , the manufacturer of high end protective cases, has rolled out its line of cases for Apple's new iPhone models. According to Pelican, it has rolled out a full line of cases, including the Voyager, Adventurer, Protector, Ambassador, Interceptor, as well as Pelican Shield for the iPhone X. The company's Pelican Shield for the iPhone X includes 5 layers of protection, including a layer of "military grade" Kevlar.

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EDF Renewable Energy Wins Wind Deal In Oklahoma

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San Diego-based renewable energy developer EDF Renewable Energy has signed a big, 120 megawatt wind energy deal in Oklahoma. According to EDF Renewable Energy, it has signed an agreement to supply Kimberly-Clark Corporation with 120 MW of wind energy from the Rock Falls Wind Project in Oklahoma, the first use of utility-scale renewable energy by the Kimberly-Clark.

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Report: Cornerstone OnDemand Hires Investment Bankers For Review

socalTECH

Santa Monica-based Cornerstone OnDemand has hired investment banking firms Centerview Partners and Goldman Sachs, in a move that could result in either a sale of the company, or help in fighting off an activist investor, according to a report. Bloomberg , quoting "people with knowledge of the matter", said that Centerview and Goldman are both looking for potential suitors, and also providing advice in how to manage activist investment firm Praesidium Investment Management, which has apparently u

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Cornerstone OnDemand Wins University of Georgia

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Santa Monica-based enterprise learning and human capital management software developer Cornerstone OnDemand said this mroning that it has been selected by the University of Georgia, to help support professional development and regulatory compliance at the school. Financial impact of the win was not announced. According to Cornerstone OnDemand, its products will be eventually available to more than 50,000 users at the school.