Berkonomics
MAY 27, 2021
First, the short answer. No matter what your size, if you intend to grow your business into more than just a lifestyle workplace, you should create a board of directors. If you take money from knowledgeable investors, you will be required to create a board as a part of the investment process. So, why go through the effort? Boards perform two important types of task.
socalTECH
MAY 27, 2021
Redlands-based mapping software developer Esri has signed up an outdoor app developer as a customer, shifting its app to ArcGIS, according to the company. ArcGIS said that Relive, which develops an app which helps users chronicle their outdoor adventures and journeys, is shifting to the ArcGIS platform to scale its development. Financial impact of the win was not annoucned.
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socalTECH
MAY 27, 2021
Irvine-based savings and investing app developer Acorns said today that it will be going public, via a special purpose acquisition company (SPAC) merger with Pioneer Merger Corp., which trades on the NASDAQ as PACX. According to Acorns, the transaction is being supported by Wellington Management, Senator, Declaration Partners, Greycroft, The Rise Fund (TPG's global impact investing fund), and funds and accounts managed by BlackRock have participated, giving it an expected $450M cash balance at c
socalTECH
MAY 27, 2021
Los Angeles-based Topia, a startup which is developing video chat tools that work inside what it says are "fully customizable virtual worlds", has raised $5M in a seed funding round, the company said late Wednesday. The funding was led by Seven Seven Six, the venture capital fund run b Alex Ohanian, and also included Bonfire Ventures. The company said it will use the funding to build out its team and invest in its "creator economy.
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.
socalTECH
MAY 27, 2021
Los Angeles-based recruiting software developer ZipRecruiter rose in its first day as a public company, up as much as 8.5% in its first day on the markets. The company is now trading on the NYSE as ZIP. Unlike an initial public offering (IPO), ZipRecruiter did not go through investment banks to enter the public markets, a somewhat unusual move, although not unheard of--Slack and Spotify are examples of a couple of other companies who have taken that route to the markets.
socalTECH
MAY 27, 2021
Santa Monica-based Pathmatics, which develops market intelligence software and services, has been acquired by Sensor Tower.
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