Mon.May 18, 2020

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8 Ways To Get Your Business Going Without Investors

Startup Professionals Musings

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. According to Investopedia , over 90 percent of successful businesses currently start this way.

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Fintech Finli Helps Small Businesses Find Customers

L.A. Business Journal

Finli Inc., a downtown-based fintech startup, is adapting to the Covid-19 crisis by helping its customers adapt.

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Esri Offers Up Solutions In Latin America For COVID-19 Tracking

socalTECH

Redlands-based geographical information system (GIS) software developer Esri says is offering up its technology to help address the COVID-19 pandemic in Latin America and the Caribbean, as part of a partnership with the Inter-American Development Bank (IDB). According to Esri, the effort will allow governments in the region to use a COVID-19 solution to track critical equipment and asset availability, manage supply chains, and maintain business continuity.

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Miller Steps Down at Cornerstone

L.A. Business Journal

Cornerstone OnDemand Inc., the Santa Monica-based talent management software developer, said founder and Chief Executive Adam Miller will step down and transition to co-chairman, effective June 15.

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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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Ettitude Finds $1.6M For Direct To Consumer Bedding

socalTECH

Los Angeles-based Ettitude , which sells direct-to-consumer bamboo sheets and bedding, has raised $1.6M in a funding round, the company said mon Monday. The funding came from Drumbeat Ventures and TA Ventures. The company's co-founders are Phoebe Yu and Kat Dey. Yu founded the company in Melbourne, Australia, but recently moved to Los Angeles, according to the company.

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Fair Names Stewart as New CEO

L.A. Business Journal

Fair Financial Corp., a Santa Monica-based car leasing and financing provider backed by SoftBank Vision Fund, has named Bradley Stewart as the company’s new chief executive.

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TRASH Debuts AI Video Creation Tools

socalTECH

TRASH , a startup that was part of Venice-based Snap 's Yellow accelerator program, has rolled out a new artificial intelligence (AI) video creation platform. According to TRASH, its new AI software makes it easy to create and share videos from your phone, using the AI to automatically edit those videos. TRASH says it has raised $2.25M in pre-seed funding from Precursor, Dream Machine, and other institutional venture funds.