January, 2020

Does your company culture encourage employee curiosity?

Berkonomics

It’s more common than you think. Some of the world’s best companies to work for are those that encourage employees to spend time following their own paths of curiosity toward development of new products or services.

The electric scooter wars of 2019

TechCrunch LA

Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Meanwhile, transportation startups continued to raise more money even as they laid off employees, a sign that industry consolidation has officially begun.

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Caltech Wins $1.1 Billion Patent Verdict Against Apple, Broadcom

L.A. Business Journal

Caltech won a $1.1 billion verdict against Apple and Broadcom for allegedly infringing on the Pasadena university's wireless technology patents

SpaceX reportedly looking to build Starship rockets at Port of LA

TechCrunch LA

SpaceX is said to be in talks with local government officials about setting up a new rocket factory in the Port of Los Angeles, a location that would give it easy access to the ocean for transporting its next-generation Starship and Super Heavy launch vehicles to its coastal launchpad sites in Florida.

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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.

As Virus Fears Rise, LA Company Offers Up Germ Killing Robots To Airports

socalTECH

As worries about the spread of a new virus from China--which has resulted in the quarantine of Wuhan, China , a city of 11 million--a Los Angeles company, Dimer UVC Innovations , is offering up its technology to airports and officials, at no cost, to a number of airports.

TikTok inks licensing deal with Merlin to use music from independent labels in videos and new Resso streaming service

TechCrunch LA

TikTok , the fast-growing user-generated video app from China’s Bytedance, has been building a new music streaming service to compete against the likes of Spotify, Apple Music and Amazon Music. And today it’s announcing a deal that helps pave the way for a global launch of it.

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Startups Need Your Data, But Consumers Are Still Wary

Startup Professionals Musings

Neither people nor computers can really help you as a personal assistant unless you are willing to share data about what you like, what you feel, and who and what’s important to you.

TikTok Opens Culver City Office

L.A. Business Journal

Social media company TikTok has opened an office in Culver City's Hayden Tract business park

The Business Tech You Need in 2020

Tech.Co

The new year is officially here and, hopefully, your business is thriving. Customers are happy, clients are beaming, and the revenue just keeps rolling in.

Acquicent Adds Advisor, Investor

socalTECH

Los Angeles-based Acquicent , the startup which is developing a marketplace that allows users to invest in "museum-grade" collectibles such as art and vintage automobiles, is announcing this morning that it has added Kevin Conroy, CEO of ConroyMedia and former director of Sotheby's, as both an advisor and ivnestor.

LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. on Sunday.

Special edition: Building semi pro audio video studio

Berkonomics

Like to make professional videos for a small cost? Postings to on-line sites? Dave takes you through the process, shows the results, and gives you the costs. There’s lots more information you will find as you experiment and may need when selecting and learning the tools Dave lists.

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5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today.

Is AECOM on the Block?

L.A. Business Journal

Century City-based engineering giant AECOM reportedly has been in possible buyout talks with Montreal-based engineering services firm WSP Global Inc

How to Start a Podcast

Tech.Co

2019 was the year podcasting turned into a major industry. A few high-profile acquisitions put Spotify into the running against Apple, while buzzy new startups like Luminary jumped into the pool as well.

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OpenX's Tim Cadogan To Take Over At GoFundMe

socalTECH

Tim Cadogan , the current CEO of Pasadena-based OpenX , is set to take over at San Diego-based GoFundMe , according to GoFundMe. Cadogan is taking over for Rob Solomon, who had been CEO of GoFundMe for the last five years. The reason for the shift was not given, however, GoFundMe said that Solomon will stay as Chairman of the company. GoFundMe lets peopel raise money through crowdfunding, for everything from charitable causes to personal needs. READ MORE>>.

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For alternative meat manufacturer Beyond Meat, fast food chains giveth and taketh away

TechCrunch LA

Beyond Meat, the publicly traded producer of plant-based protein replacements for meat, is currently giving other companies in the alternative meat space an education in just how finicky appealing to consumer tastes can be.

The dangerous game: Hiring from a competitor

Berkonomics

Sometimes it is the first thought you or your managers have when in need of skilled talent, especially for sales or product development. It is not hard to find and observe the best employees of a good competitor at work, skillfully moving the competitor forward in a visible way.

7 Key Strategies To Ensure Long-Term Customer Growth

Startup Professionals Musings

In my experience working with entrepreneurs, once they feel they have a winning formula for their business, they are often hesitant to change or update it. They forget that adapting their company and themselves as their customers evolve is the key to long-term survival.

BYD to Build Rancho Dominguez Plant

L.A. Business Journal

EV maker BYD Motors will construct a 50,000-square-foot facility in Rancho Dominguez to build electric forklifts

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Startup Spotlight: Business AF Podcast

Startup San Diego

Meet Chris and Marisa, co-hosts of the Business AF podcast, a weekly LIVE podcast that features business owners, industry experts, professionals and more. Learn what challenges the hosts have overcome and what makes them tick.

TigerConnect Names New CTO

socalTECH

Santa Monica-based TigerConnect , which develops communications tools for the healthcare and other industries, said on Wednesday that it has named Tim Goodwin as the company's new Chief Technology Officer. Goodwin was most recently CTO at Vacasa, which provide online vacation rental management. Goodwin also served as CIO and Senior Vice President at Fiserv Digital Channels.

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Los Angeles-based CREXi raises $29 million for its online real estate marketplace

TechCrunch LA

Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region. It’s one of the reasons that CREXi , the commercial real estate marketplace, was able to establish a strong presence for its digital marketplace and toolkit for buyers, sellers, and investors.

Can your employees recruit from a customer or supplier?

Berkonomics

The recruitment traps. It has happened to all of us who have been leaders in business long enough. One of your employees is approached by an employee of a customer or of a supplier, stating that “It sure would be great to work in your company.”

9 Keys To Finding The Perfect Angel Investor For You

Startup Professionals Musings

As a long-time advisor to entrepreneurs, and a former angel myself, I still find startups confused about the definition of an angel investor, and how and when to attract one.

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Activision Answers ‘Call’

L.A. Business Journal

After shutting down an existing esports league, Activision Blizzard Inc. is betting big on a new league that will begin its inaugural season Jan 24

BIO Report: More Work Needed to Improve Diversity at Biotech Firms

Xconomy

Some companies that belong to the Biotechnology Industry Organization (BIO), a large industry trade group, convene diverse hiring committees, seek out representation among their suppliers and vendors, and are led by executives that talk regularly about the importance of an inclusive workforce.

PayPal Completes $4 Billion Acquisition Of Honey

socalTECH

San Jose-based PayPal Holdings said this morning that it has completed its $4 billion cash acquisition of Los Angeles-based Honey , the developer of a browser plug-in that helps consumers find the best coupons for purchases when they are shopping online. According to PayPal, the deal will "transform the shopping experience for PayPal's consumers while increasing sales and customer engagement for its merchants."

Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

TechCrunch LA

Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention. The latest of these is Luxury Presence , which pitches digital marketing services to real estate agents and has raked in $5.4

Do you empower others?

Berkonomics

So, we’ve previously discussed why it is important for you to build consensus in an organization in most every major decision.

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8 Errors To Avoid In Your First Minute With Investors

Startup Professionals Musings

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers.

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Snap Acquires AI Factory for $166 Million

L.A. Business Journal

Santa Monica-based Snap Inc. paid $166 million to acquire AI Factory Inc., a San Francisco-based startup founded by Snap's former director of engineering

BioIntelliSense Debuts ”Sticker” Sensor to Capture Patient Data Remotely

Xconomy

Subtle changes can presage a worsening of a chronic condition, but symptoms may not become apparent to a patient until it’s time to call an ambulance.

Caltech Wins $1.1 Billion Lawsuit Against Apple And Broadcom

socalTECH

The California Institute of Technology has won a $1.1 billion patent lawsuit it filed against Apple and Broadcom on Wednesday, where it had alleged the infringement of its patents on Wi-Fi technology. The lawsuit--which had been filed in 2016--had alleged that Broadcom's wireless chips infringed on the university's patents. Those chips are widely used in Apple's iPhones. Both Broadcom and Apple have said they will appeal the verdict. READ MORE>>.

KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources.

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Game Design Showcase 2020

SoCal Tech Calendar

Friday, January 31, 2020 -- Game Design Showcase 2020. Celebrate and play original games created by NYFA's Game Design graduating class! Join the NYFA Game Design graduating class of 2020 as they head off on their next big adventure: the real world! The NYFA Game Design Showcase features drinks, food and original video games and board games created by our MFA and BFA graduate students!

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