Mon.Dec 24, 2018

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Business Lessons Often Ignored In The Heat Of Passion

Startup Professionals Musings

Most aspiring entrepreneurs are convinced that their idea and passion are so great that failure is not a possibility. They relate quickly to one of the big successes out there today, including Facebook, Airbnb, or Snap, and can give you a dozen reasons that they are in the same category. It’s a good way to get some inspiration, but not an accurate representation of reality.

Startup 99
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Silicon Beach Report Dec. 24: Three LA-based STEAM Nonprofits Join Forces

L.A. Business Journal

Spiegel’s style analyzed by WSJ, three STEAM organizations team up, LA battery storage effort gets $100M

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VCs May Face Backlash if Profits Come at Expense of Responsibility

Xconomy

Venture capital is, by nature, an optimistic industry, and venture capitalists have historically gone about their work comfortable that they were making positive societal contributions. When looking at VC activity over the past half century, one can see venture capital’s role in championing endeavors that advanced knowledge, improved health, increased worker productivity, and preserved natural resources.

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Gossamer Bio Files for IPO at End of Year in Which it Raised $330M

Xconomy

Gossamer Bio, headed by former Receptos executives, made its public debut in January with $100 million in financing. Seven months later, it tacked on another $230 million. Now, the San Diego-based startup is looking to Wall Street for additional funds. The company last Friday outlined plans for an initial public offering to advance its development of immunology, inflammation, and oncology drugs.

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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.