May, 2021

Playing the Long Game in Venture Capital

Both Sides of the Table

Silicon Valley and the media industry that surrounds it values youth. The culture is driven by the 20-something irreverent founder with huge technical chops who in a “David vs. Goliath” mythology take on the titans of industry and wins.

USC to Build New Computer Science Hub

L.A. Business Journal

USC officials will break ground May 6 on a new building that could become a key center for technological advancement in Los Angeles

USC 242
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do you really need a board of directors?

Berkonomics

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.

10 Tips For Entering The Startup Community This Year

Startup Professionals Musings

These days I see a surge of new startups as businesses seem to be recovering from the pandemic. If you are not starting one yourself, the next best thing is joining one as a partner, or as an early employee.

Tips 128

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.

Flowspace Names Engineering VP

socalTECH

Los Angeles-based Flowspace, a startup developing fulfillment software for e-commerce companies, said this week that it has named Piranavan Selvanandan as its new Vice President of Engineering. Selvanandan most recently was at Salesforce, in software engineering, and also served at HP. Flowspace said Selvanandan spent nearly a decade at Salesforce. The new exec comes following a $31M, Series B funding round for Flowspace in March. Flowspace is backed by BuildGroup.

LA BEST - LA Bioscience Ecosystem Summit 2021

SoCal Tech Calendar

Thursday, May 27, 2021 -- LA BEST - LA Bioscience Ecosystem Summit 2021. The Los Angeles Bioscience Ecosystem Summit 2021 (LABEST) is the premier showcase for bioscience innovation in Los Angeles County. This event is a collaboration with colleagues from across the county to present promising academic research, entrepreneurial faculty investigators, as well as local start- up companies.

More Trending

LA Companies Hop Aboard NFT Bandwagon

L.A. Business Journal

Akash Nigam, founder and chief executive of Venice-based Genies Inc., said he wasn’t entirely sure what a nonfungible token was until last summer when he met with Dapper Labs Inc. Chief Executive Roham Gharegozlou

Geni 232

Your time is as valuable as your money.

Berkonomics

Enterprise time as a measurable commodity. Let’s examine the challenges to a CEO in making use of enterprise time, one of your most valuable and often misused assets.

6 Steps To Personal Satisfaction As Well As Success

Startup Professionals Musings

It’s sad when the startup is “successful,” but the founder still feels totally unsatisfied. I see it happening all the time. The business is a winner, but the family or other relationships are broken by the stress.

IDrive Cloud Backup Launches Data Mirroring Service

socalTECH

Los Angeles-based cloud backup provider IDrive Cloud Backup says it has launched a new, data mirroring service, aimed at providing full image backups for Windows computers and servers. According to the company, the new service specifically aimed at protecting against data loss and ransomware, both for individuals and small businesses. The company said the service starts at $69.50 a year for a personal plan, which includes 5TB of storage for unlimited computers.

LA BEST - LA Bioscience Ecosystem Summit 2021

SoCal Tech Calendar

Wednesday, May 26, 2021 -- LA BEST - LA Bioscience Ecosystem Summit 2021. The Los Angeles Bioscience Ecosystem Summit 2021 (LABEST) is the premier showcase for bioscience innovation in Los Angeles County. This event is a collaboration with colleagues from across the county to present promising academic research, entrepreneurial faculty investigators, as well as local start- up companies.

Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

TechCrunch VR

TiMi Studios, one of the world’s most lucrative game makers and is part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has struck a strategic partnership with Xbox.

LA Tech Companies Shake Up Real Estate Industry Norms

L.A. Business Journal

Lindsay McLean, founder and chief executive of Home-Lister Inc., said the idea for the company came to her after working with a real estate agent to sell her first home

Extending your Runway!

Berkonomics

Several years ago, I wrote a book entitled, Extending the Runway , using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. It is worth revisiting the most.

Coach 156

7 Strategies For Making A Mentoring Relationship Work

Startup Professionals Musings

I’m a big fan of mentoring in business, and have been at different times on both the contributing and receiving end of the process. These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness.

Mentor 119

Docupace Acquires Jaccomo

socalTECH

Los Angeles-based cloud-based operations and document management software developer Docupace, which serves the wealth management industry, says it has acquired jaccomo, which develops a compliance, data integration, financial reporting, and advisor compensation accounting system. Financial details of the acquisition were not announced. Docupace said it will use the acquisition to expand its back office platform.

Tool 126

LA BEST - LA Bioscience Ecosystem Summit 2021

SoCal Tech Calendar

Tuesday, May 25, 2021 -- LA BEST - LA Bioscience Ecosystem Summit 2021. The Los Angeles Bioscience Ecosystem Summit 2021 (LABEST) is the premier showcase for bioscience innovation in Los Angeles County. This event is a collaboration with colleagues from across the county to present promising academic research, entrepreneurial faculty investigators, as well as local start- up companies.

High-Speed Las Vegas Rail Project May Be Back on Track

L.A. Business Journal

A planned high-speed rail project between Las Vegas and Southern California that stalled out last fall amid the pandemic now appears to be back on track

The tender issue of stealing time

Berkonomics

It’s a big issue within any company. . With easy access to Internet shopping, games, social networks and more, employees can find many ways to focus on personal issues while at work, detracting from productivity and demonstrating a disrespect for the time paid for by their employer.

Topia Raises $5 Million For Virtual Reality Meetups

L.A. Business Journal

Topia Interactive Inc., which develops virtual meeting places where members can join “worlds” created by artists and designers, raised $5 million

Design 197

Metro Approves $900 Million for Airport Connector Station

L.A. Business Journal

A direct rail connection to LAX has moved one step closer to reality, and Sylmar-based construction contractor Tutor Perini Corp. appears poised to deliver it

191
191

Snap Accelerator Boosts Startups

L.A. Business Journal

Launching a startup is like jumping off a cliff and building a hang glider on your way down, according to Nicole Emrani Green, who co-founded ecommerce gifting startup Givingli Inc

Miso Robotics Releases Cooking Software for Restaurants

L.A. Business Journal

Miso Robotics Inc. will make the software behind its kitchen automation technology available to foodservice businesses as a standalone product

Metro Approves $900 Million for Airport Connector Station

L.A. Business Journal

A direct rail connection to LAX has moved one step closer to reality, and Sylmar-based construction contractor Tutor Perini Corp. appears poised to deliver it

179
179

Sunbit Raises $130 Million in Series D

L.A. Business Journal

Westwood-based financial technology platform Sunbit Inc. raised $130 million in Series D funding, bumping its valuation to $1.1 billion

Cybersecurity Firm Britive Raises $10 Million

L.A. Business Journal

Britive Inc., a Glendale-based cloud cybersecurity company, has raised $10 million in Series A funding to continue to develop its security software

6 Techniques For Kickstarting Time Management At Work

Startup Professionals Musings

One of the toughest challenges of an entrepreneur in building a startup is the fact that there are so many things that you don’t know how to do, or don’t like to do. Things like raising money, building a business plan, or hiring and firing people. These aren’t fun, especially for a visionary.

Micromobility Companies Are Ready to Roll Again

L.A. Business Journal

Going into 2020, the micromobility industry was already experiencing some growing pains. A year later, local micromobility companies are optimistic

6 Practical Keys To Enhancing Your Business Acumen

Startup Professionals Musings

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. This may seem counter-intuitive to technologists, especially in an era when technology seems to be driving the world.

Mentor 115

8 Key Startup Drivers Bring Pleasure As Well As Sweat

Startup Professionals Musings

I’m fully convinced that both inspiration and perspiration are always required in a startup. Yet many people seem to be stuck on one end or other of this equation – all perspiration with no dream, or all inspiration with no reality. Success is the right balance of both for fun and profit.

5 Ways To Make It Easier To Do What Matters At Work

Startup Professionals Musings

During all my years in business, I’ve noticed that some people seem to make their job look effortless , while others are always in a struggle, no matter how simple you thought the task should be.

6 Ways To Extend Creativity To All Areas Of Business

Startup Professionals Musings

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking.

Ideas 112

Arcturus Studios’ Software Powers Holographic Videos

L.A. Business Journal

Augmented reality and holographic technology exist largely as a novelty for most Americans. But as smartphone cameras evolve and 5G networks come online, many investors and businesses are betting that the technology will become commonplace

How To Make The Most Of Your DNA As An Entrepreneur

Startup Professionals Musings

Anyone who works with entrepreneurs will tell you that all are different. Some are really inventors, who view the challenges of building a business as a necessary evil. Others are really marketers out to make money fast, and believe that they can entice customers to any offering.

7 New Venture Strategies Improve The Odds Of Survival

Startup Professionals Musings

I’m always looking for evidence of early startup characteristics that might be predictors of long-term success. Every investor has his own list, usually based on his own very small sample, or simply his gut feeling.

Study 112

AECOM Wins Portions of 2 Major Federal Contracts

L.A. Business Journal

Downtown-based infrastructure giant AECOM recently won portions of two major multiyear federal contracts

158
158