May, 2020

Framework Benchmarks Round 19

TechEmpower

Round 19 of the TechEmpower Framework Benchmarks project is now available! This project measures the high-water mark performance of server side web application frameworks and platforms using predominantly community-contributed test implementations. Since its inception as an open source project in 2013, community contributions have been numerous and continuous. Today, at the launch of Round 19, the project has processed more than 4,600 pull requests !

Taika is building a better coffee through natural chemistry and adaptogens

TechCrunch LA

So, an eight-year product veteran from Facebook and an internationally renowned barista walk into a coffee bar… It’s not a joke. It’s the origin story for Taika , a new startup that’s aiming to bring natural stimulants to the masses through its juiced up coffee-beverages.

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A Bigger Truth About Restaurant Food Delivery

Both Sides of the Table

Photo by Viktor Forgacs on Unsplash I was listening to Dan Primack’s podcast on Pro Rata and he was interviewing Senator Klobucher who is now publicly and vocally speaking out against Uber purchasing Grubhub and has tried to mobilize against this. Her argument is that if Uber buys Grubhub (which itself once merged with Seamless) it would mean that Uber Eats / Grubhub would control half the market and that with DoorDash the two together would control 90% of the market.

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Should you cast your net where the big fish swim?

Berkonomics

This is one of those “My dad used to say” homilies. You’ve probably heard the accompanying “It takes just as much effort to sell a small deal as a big one,” over the years. It is not that simple in the business world. The truth of this is more nuanced. Some businesses will prosper in the shadow of larger competitors by specializing in those smaller accounts that are just not attractive to those with higher overheads and larger aspirations. Aim high for that major account.

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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.

Fintech Finli Helps Small Businesses Find Customers

L.A. Business Journal

Finli Inc., a downtown-based fintech startup, is adapting to the Covid-19 crisis by helping its customers adapt

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Navy-Startup Center, Lab Sets Up In Port Hueneme

socalTECH

A new, 60,000 square foot lab and research center in port Hueneme has been set up by the U.S. Navy and its NavalX unit, to help reduce barriers between the Navy and non-traditional partners such as start-ups, small businesses, academia, non-profits, and private capital. According to NavalX, Port Hueneme is one of six new "Tech Bridge" locations for its NavalX Tech Bridge effort, and will be based at the FATHOMWERX laboratory at the Port of Hueneme.

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Curri rolls out nationwide delivery service for construction materials industry

TechCrunch LA

A little over a year after its graduation from Y Combinator’s demo day, the on-demand construction materials delivery service Curri is beginning to offer its services in all 50 states. Co-founded by Matt Lafferty and Brian Gonzalez, Curri aims to solve one of the major hurdles for local construction suppliers who miss out on sales because of an inability to deliver to contractors when they need it.

Bevy is Emerging as a Leader in Software for Building Virtual Communities???with $15 million to?

Both Sides of the Table

Bevy is Emerging as a Leader in Software for Building Virtual Communities?—?with with $15 million to Prove It The venture capital world has started firing up a few cylinders again and looking for businesses that it believes will help us all succeed in ways that resonate with new ways of working as we begin to return to work. It’s clear things have changed for good and the need for managing remote communities of employees, customers and partners has become ever more important.

Let’s talk about whistle-blowers

Berkonomics

Assuming that a corporate whistle-blower is not tooting about you individually, such a class of people have been granted protections under the law and serve a function that needs to be acknowledged. Motive of the whistle-blower. First, the assumption is that such a person is not making his or her gesture for personal profit, but to give proper notice that there is something illegal going on within the company that the person cannot accept and must tell someone about.

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Modern Animal Provides Clients Virtual Pet Care

L.A. Business Journal

Modern Animal Inc., a company that provides telemedicine services in its veterinary clinic, opened its first location in Beverly Grove in April

Alteryx Offers Up Free Data Science, Analytics Training

socalTECH

Irvine-based data science and analytics software developer Alteryx says it is offering up free training to help train workers who have found themselves unemployed due to the COVID-19 pandemic. According to Alteryx, the new program--Advancing Data and Analytics Potential Together (ADAPT)--is an extension to its corporate social responsibility initiative, Alteryx For Good.

10 Popular Business Strategies That Most Often Fail

Startup Professionals Musings

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

United Dwelling is one startup building something to solve California’s housing crisis

TechCrunch LA

The acute pain of California’s housing crisis can be measured in the human toll it takes on the increasing numbers of families made homeless by rising rents and the billions of dollars the state loses to the high cost of living.

The Mindset of an Investor Today: Ben Narasin, Venture Partners, NEA

SoCal Tech Calendar

Wednesday, June 3, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 6/3/20 - Ben Narasin, Venture Partners, NEA. See [link] (more

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Which is more important? Workplace safety or profits?

Berkonomics

Its a new world out there. Some businesses never sent people to work from home, told they were “essential businesses.” ” Soon more will reopen as weeks and months go by. That’s a relief for most of us from the combination of boredom and lack of social interaction. Even if we were safer at home as we became experts sharing screens in Zoom. We have new worries and responsibilities to protect those who return to the office.

SpaceX Wins $135 Million Contract

L.A. Business Journal

Space Exploration Technologies Corp., the Hawthorne-based aerospace company, was awarded a $135 million contract by NASA as part of a nearly $1 billion effort to return astronauts to the moon by 2024

Shayre Debuts File Sharing Software

socalTECH

Los Angeles-based Shayre , a new startup developing data sharing software, says it has launched a new, "cloud-free" file sharing solution, aimed at enterprise businesses. According to Shayre, it has developed a point-to-point and point-to-multi-point software for file transferring and synchronization suited for enterprise businesses, which allows for unlimited files and file sizes to be transferred between devices.

How To Make New Venture Innovation Thinking Look Easy

Startup Professionals Musings

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking? I have always wondered if innovation required some rare gene mutation, or whether I might be missing a simple formula for unlocking the ability in any intelligent business person to innovate.

As fashion has its metaverse moment, one app looks to bridge real and virtual worlds for sneakerheads

TechCrunch LA

Fashion is having its moment in the metaverse. A riot of luxury labels, music, and games are vying for attention in the virtual world. And as physical events and the entertainment industry that depends on them shuts down, virtual things have come to epitomize the popular culture of the pandemic. It’s creating an environment where imagination and technical ability, not wealth, are the only barriers to accumulating the status symbols that only money and fame could buy.

CARES Act w/Moss Adams

SoCal Tech Calendar

Wednesday, May 27, 2020 -- CARES Act w/Moss Adams. CONNECT. Get key information regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act in this Webinar presented by Moss Adams Partner in Charge, Gerardo Godinez and Tax Senior Manager, Desiree Klassen. See [link].

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Have you experienced your disaster recovery event yet?

Berkonomics

Have you ever lost all your data on your smartphone, laptop, company server or desktop PC? If not, it is probably only a matter of time until you do. Those of us who have experienced this heart-stopping event now regularly back up our data and many of us create daily images of our entire hard drives often, ready this time to address an effective recovery. The initial shock of data loss.

Aerojet Secures $1.8 Billion NASA Project

L.A. Business Journal

Rocket propulsion manufacturer Aerojet Rocketdyne Inc., a subsidiary of El Segundo-based Aerojet Rocketdyne Holdings Inc., was awarded a $1.79 billion follow-on contract by NASA to manufacture engines

CrowdVision Merges With iinside, Sets Up LA HQ

socalTECH

UK-based CrowdVision Ltd. , a developer of analytics software, and Los Angeles-based iinside , a developer of indoor motion detection, have merged, and set up their headquarters in Los Angeles. According to the companies, the newly merged company, CrowdVision, Inc., will be led by David Teed, the current CEO of CrowdVision. According to the two companies, they will be developing solutions for the smart airport and smart city market.

How To Reinvent Yourself As A Business Startup Today

Startup Professionals Musings

The era of stable lifetime jobs for business professionals within a single company are gone. Companies are rightsized quickly now as markets change rapidly, and business professionals are quick to jump to new opportunities for growth and survival, with no ties to special benefits or pension plans. Thus smart business professionals are rapidly becoming the new entrepreneurs.

Investors cozy up to LA-based ettitude’s bamboo bedding and sleep wear with $1.6 million

TechCrunch LA

Ettitude , the Los Angeles-based, direct-to-consumer startup making sustainable bedding and sleepwear from bamboo fibers, has raised a sustainably sized round that should keep the company going even in the face of an economic recession. Co-founded by the Melbourne, Australia native Phoebe Yu and serial entrepreneur Kat Dey, ettitude sells high-end bamboo bedding made using a process she first heard about in her old job working as an exporter helping chain stores source textiles in China.

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The Mindset of an Investor Today: A Webinar Series with Arlan Hamilton

SoCal Tech Calendar

Wednesday, May 27, 2020 -- The Mindset of an Investor Today: A Webinar Series with Arlan Hamilton, Founder and Managing Partner, Backstage Capital. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what investors are looking for in the current climate. Presented by Sutton Capital Partners and the Recurring Revenue Conference. See [link] (more

Best Alternatives to the Amazon Affiliate Program

Tech.Co

Jeff Bezos didn't get to be the world's richest man by writing a lot of checks, and one recent way to keep Amazon's profits healthy has been to cut its affiliate commissions scheme. Amazon used its popular affiliate program to spur additional growth, getting reviewers and publishing sites – including us here at Tech.co – to link to Amazon in exchange for a small payout whenever a reader bought something by following that link. But, Amazon is cutting back on such perks.

Tapcart Gets a Big Boost for Its App

L.A. Business Journal

Santa Monica-based ecommerce startup Tapcart Inc. has raised $10 million in a Series A round led by San Francisco-based SignalFire

EDF Renewables Puts 200 MW Wind Plant Into Operation

socalTECH

San Diego-based EDF Renewables North America and Iowa energy company Alliant Energy said they have commenced commercial operation of a 200 MW wind project. According to the two, the 200 megawatt Golden Plains Wind Project started operations on March 27th, and is now serving Iowa customers. The project is based in Winnebago and Kossuth counties in the north central portion of Iowa. EDF Renewables says it has now developed or put into service a total of 1.4 gigawatts (GW) of wind capacity in Iowa.

How Your Mindset Has To Evolve To Match The Business

Startup Professionals Musings

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Even fewer are able to grow the startup into a viable business.

Aspiration, the LA-based fintech focused on conscious consumerism, raises $135 million

TechCrunch LA

When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago , the upstart fintech startup was one of Los Angeles’ early entrants into a financial services market dominated by players from Europe and the financial capital of the U.S. in New York City. Fast forward four years and the big New York fintechs are still around, but Cherny’s Aspiration remains undimmed and has today disclosed a $153 million funding round to get even bigger.

The Mindset of an Investor Today: Mark Mullen, Bonfire Ventures

SoCal Tech Calendar

Wednesday, May 20, 2020 -- The Mindset of an Investor Today. Join Peter Cowen (Managing Director, Sutton Capital Partners) as we explore what SaaS investors are looking for in the current climate. Sutton Capital Partners and the Recurring Revenue Conference. 5/20/20 - Mark Mullen, Co-Founder, Bonfire Ventures. See [link] (more

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Generation Bio Leads a Trio of Biotech Companies Aiming for the Nasdaq

Xconomy

COVID-19 has ravaged the economy, and it was expected to quash the IPO market, too. But the biotech sector is defying the pandemic with crossover financings and freshly minted public companies. On Friday, three firms added their names to the list of life science companies preparing to join the public markets. Gene therapy company Generation Bio, vaccines developer Vaxcyte, and cancer diagnostics maker Burning Rock Biotech each filed IPO paperwork just ahead of the Memorial Day weekend.

Crisis Speeds Growth Among Gaming Companies

L.A. Business Journal

Gaming companies, already a nimble bunch, are adapting and even thriving in a Covid-19 world

Caltech, Fullstack Team On Online Cybersecurity Program

socalTECH

A division of Pasadena-based Caltech , the Caltech Center for Technology and Management Education (Caltech CTME), is teaming up with Fullstack Academy to offer up a cyber training program online, Fullstack said on Tuesday. According to Fullstack Academy, the Caltech CTME Cybersecurity Bootcamp by Fullstack Academy is intended to turn beginners into cybersecurity professionals in as little as 12 weeks.

Balance Your Focus Between Passion And Perspiration

Startup Professionals Musings

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). In my experience, both are always required in heavy doses. There are no “can’t fail” shortcuts or “get rich quick” scenarios.