Thu.Oct 17, 2019

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

I became a VC 12 years ago in 2007 when the pace of deals was much slower. I had just left Salesforce.com where I was VP, Products, after they had acquired my second startup. As I was trying to figure out the role I wanted to play in the VC world I decided I wanted to focus on businesses that were building deeply technical products to solve problems for business users.

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Pepperdine Names Most Fundable Companies

L.A. Business Journal

Pepperdine’s Graziadio Business School announced the winners of its second annual Most Fundable Companies competition.

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“What’s in it for me?” A motivational lesson

Berkonomics

Ever wonder why one of your employees, shareholders, managers, suppliers, or board members sometimes behaves in a way you might consider irrational? Putting yourself in their shoes. If you want to best describe the motivation behind the action, think “What’s in it for me”? Your employees, your shareholders, your customers, and your suppliers are all driven by this question.

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Semtech Gets LoRa Win In Electric Metering Application

socalTECH

Camarillo-based analog and mixed-signal semiconductor maker Semtech has scored another design win, this time in an electric metering application aimed at reducing energy consumption. According to Semtech, Internet-of-Things (IoT) developer IHM Pacific , which develops smart utility metering and smart building products, and Andrea Informatique , a consultancy firm focused on technology and software design, have designed a new electricity metering solution based on its LoRa devices.

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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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Green LAVA Event:The Opioid Crisis and Cannabis Alternatives

SoCal Tech Calendar

Wednesday, October 23, 2019 -- Green LAVA Event:The Opioid Crisis. The Green Strategic Interest Group is specifically dedicated to cannabis. For the first event in October, we want to focus on the importance of cannabis alternatives for opioids. We are curating a panel of experts to address the topic from varying industry perspectives. Moderator: Laura Toomey.

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LegalZoom Expands Board

socalTECH

Glendale-based LegalZoom , the provider of legal documents and products, has named a new member of its board of directors. According to LegalZoom, it has named Christine Wang to its board of directors. Wang is at private equity investor Francisco Partners. Wang previously was also at Advent International, and also served at J.P. Morgan. Francisco Partners is a significant shareholder in LegalZoom, and was part of a group that acquired a large secondary stake in LegalZoom back in 2018.

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Adroit Media Gets $11M For Shopping Technology

socalTECH

Aliso Viejo-based Adroid Worldwide Media , which goes by the name AWM Smart Shelf , has raised $11M in its Series A funding round, for its retail shopping application and cashierless checkout system. According to AWM Smart Shelf, the funding round was led by Impact Venture Capital, and also included Mark IV Capital and The Contrarian Group. Adroit Worldwide Media says it is using artificial intelligence, computer vision, and machine learning for its retail shopping tools, which lets retail shopp

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Ocean Planet Conference

SoCal Tech Calendar

Saturday, October 19, 2019 -- Ocean Planet Conference. What if there were an opportunity for all of us with curious and inquisitive minds to learn about our ocean, be inspired by nature, and be exhilarated by the possibilities for its future? Now, there is.

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Plexium Picks Up $28M For Cancer, Neurogenerative Disease Efforts

socalTECH

San Diego-based Plexium , which is developing E3 ligase-modulating therapeutics to treat cancer and neurodegenerative diseases, has raised $28 in a Series A funding round, the company announced on Thursday morning. The funding was led by DCVC Bio and The Column Group, and also included M Ventures, CRV, and Neotribe Ventures. The company is led by founder and CEO Kandaswamy (Swamy) Vijayan, Ph.D.

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Ocean Planet Conference

SoCal Tech Calendar

Friday, October 18, 2019 -- Ocean Planet Conference. What if there were an opportunity for all of us with curious and inquisitive minds to learn about our ocean, be inspired by nature, and be exhilarated by the possibilities for its future? Now, there is.

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Video Interview: Matt Kozlov, Techstars Starburst Space Accelerator

socalTECH

For our video interview today, we talked with Matt Kozlov, the Managing Director of the Techstars Starburst Space Accelerator in Los Angeles, to hear about the program and its future plans. Interview at the 2019 Demo Day on Wednesday. READ MORE>>.

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Upfront Ventures Leads $56 Million Invoca Funding Round

L.A. Business Journal

Invoca Inc., a call center analytics firm, raised $56 million in a funding round led by Upfront Ventures.

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Invoca Takes $56M More In Funding

socalTECH

Santa Barbara-based Invoca , the developer of call tracking and analytics tools, has raised another $56M in a new funding round, the company said on Wednesday. According to Invoca, the new round was led by Upfront Ventures, and also included H.I.G. Growth Partners, Accel, and Morgan Stanley Alternative Investment Partners. The new funding brings its total raised to $116M.

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Nth Generation 19th Annual Symposium

SoCal Tech Calendar

Wednesday, October 23, 2019 --.

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Plexium Debuts With $28M and a New Take on Protein Degradation Drugs

Xconomy

Even as researchers discover more links between specific proteins and human disease, it’s still hard to find small molecules or antibodies that can bind to those drug targets. San Diego biotech Plexium is the latest addition to the growing number of startups aiming to use technology to devise new drugs that can target those currently “undruggable” proteins.

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Healx Bags $56M to Advance Affordable, AI-Based Orphan Drugs

Xconomy

Atomico, a European venture capital firm, has helped persuade Cambridge, UK-based Healx to return to the capital market a year earlier than anticipated. The biotech has just raised $56 million in Series B funding to bankroll its mission to use AI and machine learning to create affordable rare disease treatments. It is not surprising that venture capitalists have been knocking on the door at Healx.