September, 2020

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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

TechCrunch LA

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday. “I approved the deal in concept,” Trump reportedly said.

Oracle 320
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Oracle Agreement for TikTok Sets Technology Partnership

L.A. Business Journal

Facing a Sept. 20 deadline from the White House to find a buyer for its U.S. operations, TikTok parent company ByteDance Ltd. has accepted a bid from Oracle Corp.

Oracle 264
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Interview with Constance Curtis, The List

socalTECH

In a world of Tinder, Match, and dozens of other online dating applications, is there room for another approach to dating? Constance Curtis , the Founder and CEO of The List (www.getthelistapp.com), thinks so, and tells us about her startup's efforts to bring the world of matchmaking to the modern worldand how her own frustration with online dating let to her startup.

Startup 203
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So, do you have that entrepreneurial DNA?

Berkonomics

My immediate family members were entrepreneurs from as far back as I can trace. Dad was a jeweler, then a furniture store owner. Mom wrote books and articles from her college days until she could no longer see the keyboard. One grandfather owned and maintained his apartment houses. The other was a grocer, then a jeweler. My entrepreneurial start.

Press 156
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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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8 Inspirational Insights For Those Chasing Your Dream

Startup Professionals Musings

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level, or are not truly innovative. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements.

Startup 171
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Digital Summit LA

SoCal Tech Calendar

Wednesday, September 9, 2020 -- Out of concern for the health and safety of our attendees and staff, Digital Summit Los Angeles will reschedule our 2020 to September 9-11. Thanks!

More Trending

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LA’s Burgeoning Agtech Industry Sees Green Acres Ahead

L.A. Business Journal

While plenty of tech companies are interested in filling up consumers’ feeds, some are more interested in feeding consumers.

Company 298
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QualityWorks Offers Up Free Bootcamp For BIPOC Community

socalTECH

Los Angeles-based software company QualityWorks said this week that it is offering up a free, bootcamp for people in the BIPOC (Black, Indigenous, People of Color) community, to learn about software testing. According to QualityWorks, it is running a free, six-week Agile Testing Bootcamp aimed at helping individuals with non-technical backgrounds gain high-paying, high-demand technical jobs in software test.

Demand 203
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Entrepreneurs do not easily retire.

Berkonomics

So, you’ve successfully sold your business and have received enough money from the sale to become financially independent, no longer having to work for a living. That is a comfortable place to be, and it is one experienced by more and more people, especially in technology-based businesses. And what’s next? Most successful sales of businesses, again especially in the technology arena, enrich younger entrepreneurs and stock-option holders who are under fifty years of age.

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7 Ways To Get Key People Committed To Supporting You

Startup Professionals Musings

Investors invest in people, not ideas. Customers buy from people, not companies. Employees rally for a great leader, not a brand. As an entrepreneur, you need relationships to succeed. That means relationships with team members, investors, customers, and vendors. One of the best ways to build a good relationship with anyone is to make them feel important.

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Urban Tech Connect 2020 // Forward

SoCal Tech Calendar

Tuesday, September 15, 2020 -- We believe that diverse ideas from all walks of life can help expand the realm of possibility for the entire world. The Urban Tech Connect // Forward Conference is helping bridge the gap of diverse ideation in technology. You can expect: Fine tune your fundraising and marketing strategies Target angels and VCs to raise money Overcome your fears and insecurities as a founder of color Develop tactics for product growth Tap into Job Opportunities in Tech Learn more ab

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Pitching access management on the fly, Los Angeles-based Britive raises $5.4 million

TechCrunch LA

It seems Los Angeles is becoming an enterprise software hotspot. LA saw its first big enterprise exit in recent memory with the recent acquisition of Signal Sciences for $775 million, and less than a month later a hometown startup, Britive has raised $5.4 million from LA’s own venture fund, Upfront Ventures and a clutch of security experts. LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M.

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Oracle Agreement for TikTok Sets Technology Partnership

L.A. Business Journal

Facing a Sept. 20 deadline from the White House to find a buyer for its U.S. operations, TikTok parent company ByteDance Ltd. has accepted a bid from Oracle Corp.

Oracle 246
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JibJab Dips Back into Politics, Launches Vote Registration Effort

socalTECH

Los Angeles-based online greeting card provider JibJab --which got its start originally via a viral political video--is dipping back into politics, saying that it has launched a new effort to bring out voters. According to JibJab, it has released a new video encouraging people to vote, and has partnered with Rock the Vote to encourage youth to vote.

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What use is an investment banker?

Berkonomics

Many CEOs have asked me if I felt an investment banker adds value if the buyer has already been identified. How investment bankers behave. Investment bankers sometimes slow the process by requiring a cloud-based “data room” and “deal book” to be prepared containing considerable information about a company to help a buyer. Deal books are expensive to create.

Invest 156
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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. According to the International Business Innovation Association ( InBIA ), there are over 2,200 of these locations worldwide, and new online versions springing up all over the place, like Founders Space in Silicon Valley.

Resource 159
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Lumen Bioscience Lands $16M to Engineer “Edible” Antibody Drugs

Xconomy

If Lumen Bioscience achieves its goals, patients will be able to take its drugs the same way some people supplement breakfast: a spoonful heaped onto a bowl of cereal or mixed into juice. The startup harnesses spirulina, protein-rich cyanobacteria touted by many health enthusiasts as a “superfood.” Lumen CEO Brian Finrow (pictured above, right) acknowledges spirulina’s health benefits, but that’s not why his company embraces it.

Research 120
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The Shed is a startup out of Virginia trying to revive the rental-for-everything business

TechCrunch LA

Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. It’s a model that’s worked famously well for fashion and accessories ( just ask investors in Rent the Runway ), but has had not had the same resonance for white label goods.

Startup 285
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LA’s Thriving Edtech Startups Improve Remote Learning for Schools, Businesses

L.A. Business Journal

While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.

Startup 264
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BrainChip Expands In India

socalTECH

Aliso Viejo-based artificial intelligence software developer BrainChip says it is opening up a new software development center in Hyderabad, India, which it says will provide software and firmware development for its systems-on-a-chip technology. According to BrainChip, the new software development center initially will be staffed by five software engineers and local management.

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Dedicated Internet Connection vs Shared – What’s Best For Your Organization?

Southern California Edison Blog

Dedicated and shared connections are two common internet configurations that organizations. can leverage to support their network-related needs. Both options have their pros and cons, which can make it difficult to decide on which is the right fit for each company. Here’s what you. should know about dedicated internet connection vs. shared, and why you should opt for one. over the other: What is a dedicated internet connection?

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6 Ways To Make Customers Remember You As Exceptional

Startup Professionals Musings

For decades, efforts to satisfy customers have been built around demographics – capitalizing on race, ethnicity, gender, income, and other attributes. Today, in this age of pervasive social media and two-way communication, the focus needs to get beyond demographics into personalities. Customer personalities define customer experience, and sets what they love, and what they hate.

Customer 158
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Dyne’s Upsized IPO Brings In $233M for Muscle Disorders Drug R&D

Xconomy

Dyne Therapeutics, a company developing genetic medicines for rare muscular disorders, has raised $233 million in an IPO that topped the preclinical-stage biotech’s projections. Late Wednesday, Dyne priced its offering of about 12.3 million shares at $19 each. The Waltham, MA-based biotech had previously planned to sell 10.3 million shares in the range of $16 to $18 per share.

Pricing 114
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Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round

TechCrunch LA

In this case, money, it really is the shoes. GOAT , the proprietor of online and physical retail locations for reselling the collectible kicks and kits that are the currency of street cred and cultural cool among the youths, is now worth a whopping $1.75 billion thanks to $100 million in new financing. It’s a big number, and a big day, for the Los Angeles-based startup.

Commerce 255
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Restrictions by China Narrow Options for TikTok

L.A. Business Journal

Already facing limited options amid pressure from the White House, any deal for the U.S. operations of TikTok may now encounter opposition from the Chinese government.

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Cornerstone OnDemand: Time Off To Study Ballot Popular With Employees

socalTECH

Santa Monica-based Cornerstone OnDemand , which develops employee development software, says that a survey it has run has found that 50 percent of employees it surveyed desire time off to study their ballot before they vote. Cornerstone OnDemand said it ran a survey with YouGove, which provides public opinion and data, finding 80% of adults typically spend less than two hours to learn about their ballot--and could use additional time off to study their upcoming ballots.

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SoCal Tech Calendar - Untitled Article

SoCal Tech Calendar

Thursday, September 24, 2020 --.

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6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. They are quick to point out that many of today’s top entrepreneurs, including Evan Williams (Twitter), Bill Gates (Microsoft), and Mark Zuckerberg (Facebook), dropped out of school to get on with their dreams.

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Libra Strikes a Balance With Approach to ALS and Other Neuro Disorders

Xconomy

Amyotrophic lateral sclerosis (ALS) has no cure and few available treatments but the past decade has revealed new knowledge about the pathology of the disease. Libra Therapeutics is turning that research into potential therapies, and it now has $29 million to advance its work. While the exact causes of many neurological disorders are unknown, Libra President and CEO Isaac Veinbergs says one common thread is toxic proteins.

Research 114
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Founded by former SpaceX engineers, First Resonance pitches tools to make things the SpaceX way

TechCrunch LA

After operating in stealth mode for about two years, First Resonance , a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss. It’s a suite of software products that can allow for more flexible manufacturing processes and one that can handle the pressures of remote monitoring for companies making hardware in the age of social distancing brought on by the CO

SpaceX 248
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LA’s Thriving Edtech Startups Improve Remote Learning for Schools, Businesses

L.A. Business Journal

While the global pandemic has disrupted almost every industry, some businesses are experiencing accelerated growth during the crisis.

Startup 246
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Interview with Andrew Schydlowsky, TrackStreet: Brand Protection Using AI

socalTECH

Our interview today is with Andrew Schydlowsky , the CEO and founder of Santa Barbara-based TrackStreet (www.trackstreet.com), a startup which is backed by Okapi Capital, The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners. Andrew spoke to us about TrackStreet's brand protection software and artificial intelligence efforts.

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Shareholders and founders: The muted thrill of the deal closing.

Berkonomics

Now you have worked for months to get this deal to the closing, anticipating the wire transfers to the shareholders that will come any minute. This could change your lifestyle and give you that much needed pause in your life you have been looking forward to. How it happens today. All the documents were signed in a rolling series of emailed scanned or DocuSign signature pages during the past week or more, with each party signing their own set, never having to be in the same room to sign the sin

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5 Basic Ingredients For A Startup Recipe For Success

Startup Professionals Musings

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. You know the basic ingredients, and you can visualize the results you want. Yet you may not be so sure where to start, and how to put it all together. In all cases, don’t skip the basic training.

Startup 156
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With Phase 2 Data in Hand, Ovid Eyes Multiple Pivotal Trials for Epilepsy Drug

Xconomy

Ovid Therapeutics and Takeda Pharmaceutical joined forces three years ago to develop a small molecule into a potential epilepsy drug. That research is starting to pay off as the companies now look ahead to pivotal studies testing that compound in several inherited forms of the disorder. On Wednesday, New York-based Ovid (NASDAQ: OVID ) reported Phase 2 results showing that the molecule, soticlestat, reduced the frequency of epileptic seizures in CDKL5 deficiency disorder (CDD) and chromosome 15q

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Darkstore launches FastAF app for same-day product delivery

TechCrunch LA

Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, has just released a consumer-facing app called FastAF. Right now, the app is only available in Los Angeles. FastAF is built on top of Darkstore, which already has relationships with a number of brands that store their products in Darkstores for same-day delivery.

Product 236