January, 2016

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Why I’ve Shifted More Attention to Facebook

Both Sides of the Table

I’ve been spending a lot more time on Facebook as a blogger than I ever did. So I thought it was worth explaining why. And I’m going to cross post this entire post on Facebook as an experiment rather than just posting a link on FB and trying to drive people to my blog. If you want to follow me on Facebook I’m here. So if you’re reading this on Facebook (or on my blog!

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Email open rates: Your best marketing test

Berkonomics

No–one needs to tell you that mobile readers now outnumber desktop readers for your message. A recent Experian marketing survey revealed that 52% of all email opens are from mobile devices, and that 38% of all clicks are from mobile devices. Experian looked at three hundred brands and 21 billion emails – a few more than you or I have as a resource for our marketing intelligence.

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Secure Enterprise Sharing Provider CapLinked Announces $3.5M Round

Tech.Co

CapLinked , a secure enterprise sharing and storage provider, today has announced a new round of funding totaling $3.5 million. The round is led by Subtraction Capital, and includes investments from PayPal co­founder Peter Thiel , Indicator Ventures, and venture debt lender Western Technology Investment (WTI). The California-based team plans to use the new round to grow their team, marketing efforts, and further grow the company.

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Fandango Buys M-GO

socalTECH

Los Angeles-based movie ticketing site Fandango said Friday that it has acquired M-GO , the on-demand, movie release service which is a joint venture between Technicolor and DreamWorks Animation. Financial terms of the acquisition were not disclosed. Fandango, which itself is a unit of NBCUniversal, said the acquisition will help it in the development of new moviegoing products and services.

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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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Don’t Let Faux Unicorns Screw Up Your Financing

InfoChachkie

A version of this article previously appeared on Forbes. It is no secret that the number of private companies with valuations in excess of one billion dollars has skyrocketed since the start of 2014. As show in CBInsight’s chart, the number of such “unicorns” created during the first half of 2014 was roughly equivalent to the number created during the prior three years.

Startup 133
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Straight Outta Twitter

Eric Greenspan

This silent feud between Seth David and I had been pretty one sided, until now. Like Ice Cube and Dr. Dre use rap lyrics, Seth and I use social media instead. We recently parted ways and agreed to do so amicably. After being what I assume is the subject of one or more of Seth David’s emotionally charged blog posts, I’ve decided it’s time to respond.

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More Trending

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Harvest your social media contacts

Berkonomics

You may not know that you have access to many “free” sources of social media contacts to help you in your marketing effort. The first semi–secret source is your LinkedIn contact list. You probably thought it was proprietary to LinkedIn, or at worst, available only when sending messages through LinkedIn to your list. I have thousands of LinkedIn contacts and am willing to assume you have a large number as well.

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One Month After Lyft, UberX Finally Lands At LAX

TechCrunch LA

Los Angeles Uber riders, rejoice. UberX is finally coming to LAX. The company announced that as of 8 a.m. tomorrow, riders will be able to request and get picked up by UberX cars. This comes exactly one month after Lyft launched at LAX, which was originally announced by LA’s Mayor Eric Garcetti. Uber and Lyft had battled for months with the airport and the LA city council to reach… Read More.

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Sonnen Sets Up Shop In LA To Accelerate Energy Storage Efforts

socalTECH

In a boost to LA's clean technology industry, energy storage products developer sonnen said this week that it has set up its U.S. headquarters in Los Angeles, to help increase its market presence in the United States. The company, which designs battery-based energy storage devices which use LiFePO4 batteries to capture solar power and supply that power back to a home in the evening, said it will be manufacturing its devices in California.

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Startup Lessons From Stephen King: Results Vs. Activities

InfoChachkie

A version of this article previously appeared Forbes. Long before author Stephen King sold over 350 million books, he was a budding entrepreneur. In order to pay his college tuition, young Stephen created a sole proprietor startup with a very entrepreneurial pricing structure. Leveraging his core competency, Stephen cranked out term papers for his fellow students.

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Stay the Course – Create Success with Relentless Commitment

Eric Greenspan

Patience, it’s not only a virtue, it’s a requirement for success. Rarely does anything build and become valuable over night and usually, if it does, it will fall as fast. A good idea can mature to a great idea and a great business but it requires attention, nurturing and more importantly, patience. But most important is your ability to stay the course.

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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

Having time to think about “leadership” at most startups feels like a luxury. It feels like something you could turn your attention to once you have tens of millions of dollars and a large staff to run operations and you could step back from it all and think about how to lead. The reality of most startups is about survival. And because running a company requires money to fuel staff and offices and acquire customers and the like, much of the time spent in early days at a start feels l

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Have you set your social media listening posts?

Berkonomics

There is so much information being shot at us daily via social media streams that we should monitor and control that which pertains to our business – and do so with some level of expertise. There are tools to inform you when your company name or personal name is mentioned. Google Alerts can be set for any parameter and then be set to deliver your results daily or more often using Google.com/alerts.

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Los Angeles VC and Angel Investor Roundtable [ LOS ANGELES ]

Tech.Co

Interested in meeting early-stage accredited investors in Los Angeles? Then register for the FundingPost Investor RoundTable on February 4th, 2016 at 2:00pm. FundingPost has hosted 300+ sold-out venture events in 23 cities over the past 14 years. At the LA Angel Investor Roundtable, the panel of investors will focus on pitching to early-stage investors, and what it really takes to get them to write you a check!

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Report: Los Angeles, New York Better For Female Founders

socalTECH

A report, issued earlier this week by venture firm the Female Founders Fund , says that Los Angeles, and New York, are better markets than Silicon Valley to find funding for female founders. According to the fund, it tallied up Series A investment rounds across the country, finding that there were five, female-led companies that raised Series A fundings in Los Angeles last year, or 13 percent of deals for the year, compared with only 16 Series A fundings of companies led by females in the Bay Ar

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Why GoToMeeting’s SaaS Playbook Wouldn’t Work Today

InfoChachkie

A version of this article previously appeared in Forbes. It was a decade ago that I led the sale of Expertcity (creator of GoToMeeting) to Citrix. During the early 2000’s, my team grew the company to one of the largest SaaS businesses of its day, with sales of $70 million. In November of 2015, Citrix announced that it will spin out the “GoTo” Division, of which GoToMeeting remains the flagship product, as a standalone public company.

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10 Actions That Will Transform You From Good To Great

Startup Professionals Musings

Everyone recognizes a great leader when they work with one, but most leaders don’t know what to look for in themselves that will drive that perception by others. In my experience, there is no magic gene involved, just simple good habits executed consistently and convincingly until everyone around you wants to follow your example. This leading by example is easy to say, but not so easy to put into action.

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Find Your Mentor: Here’s How…

Jason Nazar

I was an infamously odd student in business school and law school. I never bought books, rarely went to class, and hardly studied for exams. But I did spent those four years starting businesses and courting many mentors to help me along the way. Instead of studying for my classes, I’d set up new meet & greet meetings with successful alums. At the end of every meeting, I’d ask, “Would you consider being my mentor?

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The Next 5 Years: Possible Trends in Business Software

Tech Zulu Event

During the past twenty five years, software programs utilized by business underwent tremendous changes. Very likely, the next five years will witness some exciting new developments in programs designed to address Business Process Management (BPM). These trends will likely involve cloud based architecture, enhanced platform mobility, real time data analysis, improved fraud detection capabilities and greater niche functionality: Cloud Based Architecture.

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HQ Living Room Series: User Experience Beyond the Screen [ LOS ANGELES ]

Tech.Co

HQ is excited to present the first event in our Living Room Series. Join us for a home-cooked meal, workshop, and salon-style discussion on the topic of ‘User Experience Beyond the Screen.’ The event will be small and hands-on, and it is for entrepreneurs, designers, developers from a range of backgrounds to encourage diverse dialogue from a variety of perspectives.

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Naritiv Raises $3M For Snapchat Content

socalTECH

Los Angeles-based Naritiv , a new startup developing a network of content creators for Snapchat, has raised $3M in a funding round, the company said Thursday. The startup--founded by Dan Altmann and Eric Posen--says it is enabling the creation of mobile-first content for Snapchat and other social network platforms. The funding was led by Third Wave Digital and Allen DeBevoise and also included Disney and Luminari Capital.

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There’s No Such Thing as an MCN. It’s a Figment of Your Imagination

Both Sides of the Table

Spoiler alert: MCNs don’t exist. They are a figure of your imagination. 20 months ago we sold Maker Studios to Disney for $500 million in cash plus a large earn out. From the day after we sold the company until today I felt it was important that I not comment too much publicly about online video even though I continued to work actively in the sector and made five more investments.

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Your Success At Work Depends On Peer Relationships

Startup Professionals Musings

Most entrepreneurs, and members of any small team, naively assume that the key to their success is hard work, dedication, and long hours in the business. In reality, their effectiveness is usually more related to how well they develop their work relationships with peers and business leaders. First they need to decipher correctly every relationship as a workship, friendship, or foe.

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Mailing lists, email marketing, errors, oh my!

Berkonomics

Using old email lists for the first time is like eating really stale doughnuts. The taste is pretty bad, and the side effects could be disastrous. Email companies like Constant Contact, Mail Chimp and many others all have strict rules they follow to avoid being caught in spam hell, with their servers blacklisted and worse. Each has automated software watching over your uploads of new lists.

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TechZulu Presents | 2016 LA Investor Startup Forecast

Tech Zulu Event

TechZulu is excited to invite you to the 2016 Startup and Entrepreneur Forecast taking place Thursday, February 11 from 7 p.m. to 10 p.m. at Cross Campus in Santa Monica. We will have amazing panelists from Crosscut Ventures, Machine Shop Ventures, Techstars, and more to be announced soon who will share their insights and forecast for startups in 2016.

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ALPHAEON Buys Eveo

socalTECH

Irvine-based ALPHAEON , a provider of beauty and wellness products which is owned by Strathspey Crown Holdings LLC, said it has acquired Eveo , a provider of software for the healthcare market. Financial terms of the deal were not announced. ALPHAEON said that Eveo was the developer of ShoutMD, an online- and mobile platform that allows physicians to collaborate with the company, share insights, and purchase products from ALPHAEON.

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Kareo Names Chief Sales Officer

socalTECH

Irvine-based Kareo has named Drew Hamilton as its new Chief Sales Officer, the company said this week, to help scale the company's sales organization. Hamilton was most recently Executive Vice President and General Manager of TeleTrac. Kareo is a developer of cloud-based medical office software, and is led by Dan Rodrigues. The company is venture backed by Montreux Equity Partners and Silver Lake Waterman.

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LA Rolls Out Slick Open Data Mapping Site, GeoHub

socalTECH

As part of the city's efforts to make more of its data accessible to citizens and others, the City of Los Angeles rolled out a new site, Los Angeles Geohub , powered by GIS technology from Esri. The new site allows citizens and others pull up a large library of open data, and browse that through a map interface. The data includes everything from ZIP codes in Los Angeles, to high accident rate corridors and the locations of traffic accidents; wineries in Los Angeles; bus routes; volunteer opportu

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California Rules On Net Metering For Rooftop Solar

socalTECH

The California Public Utilities Commission voted on Thursday to approve new, net energy metering (NEM) rules, which govern how owners of rooftop solar systems are metered by the electric industry, in a ruling which was widely hailed by the solar industry. The ruling on the NEM 2.0 tariff rates governs how rooftop solar energy is metered, including how those rooftop solar energy customers are paid for excess solar energy generated by their panels.

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Rubicon Project Extends Ad Platform To TV

socalTECH

Los Angeles-based Rubicon Project is in a deal to extend the company's advertising marketplace to linear television, in a partnership deal with AdMore , the companies said this week. Rubicon said it will power automation technology for AdMore, which will allow advertisers to use programmatic buying to target linear TV audiences. AdMore, which is backed by The Carlyle Group and HIG Growth Partners, helps agencies and marketers automate their TV advertising.

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SnapMD Raises $5.3M

socalTECH

Los Angeles-based SnapMD , the developer of a virtual healthcare and telemedicine platform, has raised $5.3M in a Series A funding, the company said today. The funding came from Shea Ventures, TYLT Labs and Whittier Ventures. The startup, led by tech veteran Dave Skibinski, operates a service which helps healthcare providers reach out to patients through a mobile app and cloud software.

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Steamboat Ventures Seeks New $100M Fund

socalTECH

Steamboat Ventures , the venture capital firm linked to The Walt Disney Company, is seeking to raised $100M for its latest fund, Steamboat Ventures V. The investment firm--which once was located in Burbank--has shifted its operations to Hong Kong, and now looks to be focusing strongly on overseas rather than domestic investments. Steamboat's US portfolio has included such local companies as Edgecast, GameSalad, GoPro, Sometrics, and Fastclick; however, the vast majority of its efforts now appear

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SteelHouse Hits $130M In Revenues

socalTECH

Los Angeles-based advertising software developer SteelHouse said it had a $130M revenue run rate in 2015, after seeing a growth of 170% during the year, the company said Wednesday. The company, led by Mark Douglas, offers up software to help its clients with social, mobile, and display advertising. The company did not say why it has seen such a fast growth.

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eKomi Expands Board After Investment From Goldman Sachs

socalTECH

Los Angeles- and Berlin-based eKomi , a developer of software to solicit ratings and reviews from e-commerce customers, has added Anastassia Lauterbach to its board of directors. Lauterbach has served on the boards of Dun & Bradstreet, Kaspersky Labs, Intel, and Star Alliance, and been an executive at Qualcomm, Deutsche Telekom, T-Mobile International, Daimler Chrysler Services, and McKinsey & Co. eKomi is led by Michael Ambros, and says it is headquartered in Berlin and Los Angeles with

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SpaceX, NASA Test Parachute Landings

socalTECH

Hawthorne-based SpaceX and NASA said late Wednesday that SpaceX has tested the parachutes that it will initially use to land the Space Crew Dragon spacecraft on earth. According to NASA, the testing--done from a C-130 cargo aircraft--is part of the final development and certification work with NASA's Commercial Crew Program. NASA is initially returning its crew back to earth in the Dragon using those parachutes, a tried-and-true technology for the space agency; SpaceX is hoping at some point in

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Hulu Inks Deal With IFC Films

socalTECH

Santa Monica-based online movie and television streaming site Hulu says that it has inked a deal with IFC Films , to act as the exclusive streaming home for all future documentary releases from IFC Films, Sundance Selects and IFC Midnight. Financial details of the deal were not disclosed. Hulu said the streaming release will directly follow theatrical releases of those films.

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