October, 2018

Can we have fun while doing serious work?

Berkonomics

Have you ever noticed how slow time passes when you are in a troubled environment? Conversely, sometimes you look up at the end of a great day and wonder where the time went. It’s driven from the top.

Lime is building its first scooter ‘lifestyle brand store’ in LA

TechCrunch LA

How can Lime differentiate its scooters and bikes from the piles of Birds and Spins filling Los Angeles sidewalks? Apparently with a physical storefront where it can convince customers of the wonders of on-demand mobility.

Google Expands in Silicon Beach

L.A. Business Journal

Alphabet Inc.-subsidiary subsidiary Google moved into the Spruce Goose hangar in Playa Vista Oct. 3, two years after it began leasing the space

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My First Book – Pricing Your Practice by Eric Greenspan

Eric Greenspan

Woke up and there it was, my book cover. She just made it and sent it to me. I looked at it for a bit and started thinking about writing it. Then I did. I published the initial draft this past weekend and it’s now available for pre-order on Amazon.

Cal Lutheran Gets $6M From Former Hughes Electronics Exec

socalTECH

California Lutheran University (CLU) is receiving a big, $6M donation from former Hughes Electronics Vice Chairman Steve Dorfman, for a new building for the school's School of Management, the school announced this morning. According to the Thousand Oaks university, Dorfman's contribution will go towards the construction of the two-story, 27,000-square foot Steven D. Dorfman Center, which will include both classrooms and faculty offices.

Startup Developing Opioid Alternative Takes Top ‘Quick Pitch’ Honors

Xconomy

The winner of the largest-ever startup pitch contest in San Diego is aiming to solve a problem that is weighing heavily on the national consciousness.

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The next big restaurant chain may not own any kitchens

TechCrunch LA

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own.

Xprize Names Anousheh Ansari Chief Executive

L.A. Business Journal

Playa Vista-based Xprize Foundation Inc. on Oct. 18 named technology entrepreneur Anousheh Ansari is its new chief executive

Caltech Entrepreneurs Forum - Venturing to Mars

SoCal Tech Calendar

Saturday, November 3, 2018 -- Caltech Entrepreneurs Forum - Venturing to Mars. Mars entrepreneurship has entered its lift off phase. The US Government is preparing for manned missions to Mars but private companies like SpaceX may well get there first. Elon Musk declared that SpaceX will put one million people on Mars. Entrepreneurial opportunities already have emerged in areas like Launch, Sensors, Instrumentation and Habitats.

Axos Financial Buys Robo Advisor Developer WiseBanyan

socalTECH

San Diego-based Axos Financial , a consumer and business bank, said Wednesday afternoon that its subsidiary, Axos Securities , has agreed to acquire certain assets of WiseBanyan Holdings , a provider of digital wealth management software and services. Financial details of the all-cash transaction were not announced. WiseBanyon provides personal finance and investment management tools and its own technology platform, and was based in Las Vegas.

Fundraising Startup Classy Surpasses $1B Raised on Its Platform

Xconomy

It took six years for Classy, a software-as-a-service company that targets nonprofit organizations looking to fundraise online, to facilitate $500 million in donations. But the next $500 million took just 14 months.

Will your company’s sale be celebration or silence?

Berkonomics

First, there are at least three types of exits. I’ve been involved with well over twenty successful exits and four initial public offerings over the years, some of them with monstrous gains, some more modest.

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Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

Cloud9 Plans New Esports Facility

L.A. Business Journal

Santa Monica e-sports organization Cloud9 Esports Inc. has raised a $53.6 million Series B round finalized Oct.

OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM

SoCal Tech Calendar

Tuesday, October 30, 2018 -- OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM. Join us October 29-30 at the Newport Beach Marriott Hotel and Spa. See [link] (more

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NantHealth Facilities In Florida In City Hit Hard By Michael

socalTECH

The Florida facilities of Culver City-based NantHealth , one of the portfolio companies of LA biotech billionaire Patrick Soon Shiong, appear to be in the middle of one of the areas severaly hit by Hurricane Michael this week.

TP Therapeutics Names New CEO, Gets $80M More for Cancer Drug Push

Xconomy

Five-year-old biotech TP Therapeutics has raised an $80 million mezzanine financing round and promoted its chief medical officer, Athena Countouriotis, to CEO.

Everyone wants to leave a legacy.

Berkonomics

Be honest now. Have you ever thought of what legacy you’ll leave behind? If you are an entrepreneur or CEO, surely you’ve thought of how you’ll be remembered by your associates and stakeholders after you move on. Bad boss examples aren’t forgotten.

Next 10 Ventures is launching an incubator for YouTube personalities

TechCrunch LA

Los Angeles-based Next 10 Ventures , a $50 million fund focused on the creator economy, is launching an incubator program to support YouTubers.

Activision Blizzard Names New President; Leadership Team Members

L.A. Business Journal

Santa Monica-based Activision Blizzard Inc. named J. Allen Brack its new president of Blizzard Entertainment Oct. 4, alongside two new promotions to the executive leadership team

OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM

SoCal Tech Calendar

Monday, October 29, 2018 -- OCTANE MEDICAL TECHNOLOGY INNOVATION FORUM. Join us October 29-30 at the Newport Beach Marriott Hotel and Spa. See [link] (more

OCTANE 100

Disney Invents Spray Painting Drone

socalTECH

Disney Research , the arm of the Walt Disney Company which works on developing high-tech "building blocks" for the rest of Disney, has invented an autonomous, spray-painting drone called the PaintCopter , the company described in a paper this week.

With $90M Round, Stoke Eyes a “Spinraza For Epilepsy” And a 2019 IPO

Xconomy

Ed Kaye stepped aside from Sarepta Therapeutics (NASDAQ: SRPT ) last year after leading the company through one of the most noteworthy and controversial drug approvals in recent memory, for the Duchenne muscular dystrophy drug eteplirsen (Exondys 51).

Framework Benchmarks Round 17

TechEmpower

We're happy to announce that Round 17 of the TechEmpower Framework Benchmarks project is now available. Since the adoption of Continuous Benchmarking , the creation of an official Round is a fairly simple process: Try to reduce errors in framework implementations. We want an official Round to have a solid showing by as many frameworks as feasible given limited personnel bandwidth. Select a continuous run on the physical hardware (named "Citrine") that looks good and identify its Git commit.

Shopify opens its first brick-and-mortar space in Los Angeles

TechCrunch LA

Shopify , the provider of payment and logistics management software and services for retailers, has opened its first physical storefront in Los Angeles.

FactoryFour Raises $5M in Venture Capital Funding

L.A. Business Journal

Manufacturing software maker FactoryFour, which recently opened a new Culver City office, received a $5 million round of funding led by Menlo Park, Calif.-based based venture capital firm August Capital, with participation from Refactor Capital

Connect Week 2018 By Innovate Pasadena

SoCal Tech Calendar

Sunday, October 28, 2018 -- Innovate Pasadena's Connect Week 2018. Nnine full days of all things innovation! From AI to virtual reality demos to coding for both kids and adults, we have over 100 awesome events to choose from to help muster up your innovation savviness! See [link] (more

Report: Snap Registered 418,000 New Voters In Just Two Weeks

socalTECH

An effort to register new voters via Snapchat has resulted in 418,000 new voters, according to numbers given by Venice, California-based Snap to the New York Times. Snap is one of a number of companies -- including such local companies as Jam City and Mitu -- who have been pushing "get out the vote" voter registration efforts in their apps and services. The registrations on Snapchat came within a short, two-week period, and involved a registration button on user profiles. READ MORE>>.

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Nobel Medicine Prize Honors Cancer Immunotherapy Pioneers Allison, Honjo

Xconomy

[ Updated, 11:45 am ET, with comments from press conference ] Harnessing the immune system to fight cancer has transformed the treatment of many cancers, and the lives of countless cancer patients who have seen their disease go into remission.

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Freight trucking startup Shipwell gets a $10 million boost

TechCrunch LA

Shipwell , a startup pitching a marketplace for domestic ground shipping and fleet and cargo management services for freight trucking companies, has raised $10 million in a new round of funding.