TechCrunch LA
JUNE 15, 2020
As coronavirus keeps offices closed, wealthy venture capitalists are moving out of apartments in San Francisco and New York and decamping to other vacation-friendly zip codes. In San Francisco, a city known for high housing costs, rates for a one-bedroom apartment have dropped 9% from a year ago. As one investor said to me the other day: Will Lake Tahoe’s seed ecosystem have a resurgence?
socalTECH
JUNE 15, 2020
Recently, A new, nonprofit organization, Gift A Plate (www.giftaplate,org), launched effrts in Los Angeles, to allow people to donate to help both restaurants and families in need. The organization said it is looking to help aid restaurants and families who have been greatly impacted by COVID-19 in LA. The new nonprofit is was created by software company PlateIQ (www.plateiq.com), and is led by Bhavuk Kaul, who who chatted with about the new effort.
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L.A. Business Journal
JUNE 15, 2020
The Techstars Starburst Space Accelerator, an aerospace-focused incubator based in El Segundo, has announced the participants for its 2020 program, which will be conducted virtually this year because of the coronavirus pandemic.
socalTECH
JUNE 15, 2020
San Diego-based Qualcomm Technologies has launched a new program to help small businesses move towards the "mobile-first" world, the company said last week. According to Qualcomm, its Qualcomm Small Business Accelerator Program will offer up products powered by Qualcomm Technologies solutions, plus collaboration tools and technical and integration support, so they can continue to maintain operations throughout the current global pandemic and beyond.
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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.
Startup Professionals Musings
JUNE 15, 2020
Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. This approach only makes these important constituents question your integrity, intelligence, and your understanding of business basics. Pointing out flaws in others does not give you strength.
socalTECH
JUNE 15, 2020
Are giant, cargo carrying drones--such as the ones being developed by Camarillo-based Sabrewing Aircraft , the future of freight? According to an article in the IEEE Spectrum, Sabrewing's "Rhaegal" cargo drone can lift almost 5,500 pounds of cargo straight up from the ground, or as much as 10,000 pounds with a short runway, and can be used to help carry cargo across the country.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
socalTECH
JUNE 15, 2020
The Tech Coast Angels says it has launched a new, annual fund, and is continuing to invest--despite the pandemic. According to the group's Los Angeles chapter, the Tech Coast Angeles-Los Angeles (TCA-LA), it is launching a new annual fund which will provide "new and diverse opportunities for investors and an additional source of startup capital for entrepreneurs.
Southern California Edison Blog
JUNE 15, 2020
Telecom carriers require reliable networks to provide telecommunications services to their customers. Without the proper capacity or availability to carry the necessary traffic, telecoms will have trouble attracting new business and remaining competitive. A carrier-grade network can help carriers overcome those challenges by providing carriers with a highly tested and dependable network that is scalable to meet future demand.
socalTECH
JUNE 15, 2020
San Diego-based fintech provider Kyriba , which provides cash and liquidity management for cross border firms, says it is expanding its efforts in the Middle East, Central Europe, and Africa, with a new partnership. The company said it has partnered with Midis Group, to provide localized services and support in those regions. Kyriba offers up its products for managing payments, cash and liquidity management, supply chain finance, and foreign exchange risk management.
socalTECH
JUNE 15, 2020
Los Angeles-based LegalZoom , which provides online legal help and documents, says it has named Nicole Miller as the company's General Counsel. Miller was most recently General Counsel at The Honest Company, and also had previously served at Cooley and Gibson Dunn & Crutcher. LegalZoom said Miller will lead the company's legal organization and provide strategic guidance on compliance, risk management, and corporate governance.
socalTECH
JUNE 15, 2020
Marina Del Rey-based online, floral delivery retailer The Bouqs Company announced today that it has named a new CEO, Alejandro Bethlen. The company said that founder and former CEO John Tabis will become Chairman of the Board. The Bouqs--which is a direct-to-consumer floral delivery brand which runs its own, vertically integrated floral supply chain--says Bethlen was most recently General Manager for Amazon Flex Europe and Asia Pacific, and had been at Amazon for eight years; he also had served
socalTECH
JUNE 15, 2020
San Diego-based Arena Pharmaceuticals says it has added Dr. Katharine Knobil, MD, to its board of directors. Knobil is the current Chief Medical Officer and Head of Research and Development at Kaleido Biosciences. She also spent more than 20 years at GlaxoSmithKline (GSK), most recently as Chief Medical Officer. The company says Knobil has more than 20 years of experience in a wide range of areas, including global clinical development, health outcomes, and medical affairs.
socalTECH
JUNE 15, 2020
AT&T is reportedly looking to sell its Warner gaming unit, and is reportedly talking with Take-Two Interactive, Electronic Arts and Activision Blizzard to buy the unit for about $4 billion. CNBC--citing "people familiar with the matter"--says no deal has yet been signed. Warner Bros. Interactive publishes titles based on Game of Thrones, The Lego Movie, and Harry Potter.
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