March, 2020

Private tech companies mobilize to address shortages for medical supplies, masks and sanitizer

TechCrunch LA

Startups across the nation and around the world are looking for ways to relieve shortages of much-needed personal protective equipment and sanitizers used to halt the spread of COVID-19.

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Funding in the Time of Coronavirus

Both Sides of the Table

I am due to speak at the SaaStr conference next week: Wednesday, March 11th at 10:45 AM. I had originally signed up to talk about the “VC Market Trends” overall but it seemed inauthentic to speak about VC funding without addressing the virus in the room.

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Could you be your company’s bottleneck?

Berkonomics

So many tasks; so little time. As a manager, you have a number of critical tasks that are general to your position as opposed to specific to your industry.

Best Tips for Working from Home Effectively

Tech.Co

The coronavirus outbreak has many businesses urgently considering their work-from-home policies. If you're soon likely to be logging on from your living room, there are some best practices for working from home that will keep your tasks efficient and your business secure.

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LA’s Electric Vehicle Talent Pool Is Driving Industry Changes

L.A. Business Journal

Southern California’s demand for electric vehicle industry skilled workers will continue to grow, further pushing up salaries and filling local training classrooms, according to a new report

8 Business Realities You Only Learn From Experience

Startup Professionals Musings

Every new entrepreneur who has not spent years in corporate life has the advantage of an unbiased look at business opportunities, but at the same time has the disadvantage of missing critical business experiences that can cost them dearly in their first startup venture.

Cadillac cancels debut of all-electric Lyriq over COVID-19 concerns

TechCrunch LA

Cadillac has cancelled the upcoming debut of the Lyriq, an all-electric mid-sized SUV designed to be an entry point into luxury brand’s new EV lineup, over concerns about the COVID-19 outbreak. GM’s luxury brand had planned to reveal the Lyriq on April 2 at an event in Los Angeles.

More Trending

Do you even know what questions to ask?

Berkonomics

Great executives and managers seem to intuitively know what they don’t know. But it is not at all uncommon to not even know what questions to ask. Who would have thought about COVID 19 and public’s panic responses? Image credit: Alexas_Fotos / Pixabay.

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Monzo: What do you need to know?

Tech.Co

In June 2019, banking start-up Monzo announced its plans to launch in the US. The UK finance company has garnered a lot of attention, both online and in real life, thanks to its distinctive coral-colored cards, and its intention to make the banking process easier. But what is Monzo, exactly?

Safe at Home

L.A. Business Journal

Ring is one of the most recognized brands and most widely used technologies in a smart-home market that’s expected to total $101.1 billion in 2020

10 Personal Attributes That Indicate Real Potential

Startup Professionals Musings

As a startup advisor and investor, I’ve met many aspiring entrepreneurs, and I often get asked the question, “I have a great idea for a startup – do you agree that it real potential?”

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Uber Eats waives delivery fees for independent restaurants during COVID-19 pandemic

TechCrunch LA

Uber Eats said Monday it will waive delivery fees for all orders from independently owned restaurants on the app as the COVID-19 pandemic continues to spread and causes cities to shutter all non-essential businesses. Restaurants throughout the U.S.

Interview with David A. Smith, Croquet

socalTECH

For today's interview, with talked with David A. Smith , the founder of Croquet (www.croquet.io), a new Los Angeles startup which actually has its roots at the very beginning of the modern computing era. Croquet is developing software for collaborative applications, which has applications in virtual worlds and augmented and virtual reality.

Remember the FAIRNESS doctrine

Berkonomics

Reduce the emotion; reduce the threat of lawsuit. You’ve certainly experienced the angry outburst from an associate or employee who has just learned of an event that the person took as “unfair,” no matter how rational the explanation by the decision maker.

UC San Diego Health Develops COVID-19 Test, Begins Testing Patients

Xconomy

The UC San Diego Health System has developed a diagnostic test that can determine whether a patient has contracted the novel coronavirus in about eight hours.

Burke to Remain CEO at AECOM

L.A. Business Journal

Michael Burke, who had been expected to step down as chief executive at Century City-based engineering company AECOM at the end of March, will remain at the helm of the company for the foreseeable future

7 Keys For Moving A Startup To A Sustainable Business

Startup Professionals Musings

As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful.

Bird launches Scoot Mopeds in Austin ahead of SXSW

TechCrunch LA

The Scoot Moped — an electric moped born out of Bird’s acquisition of Scoot — will launch in Austin five months after unveiling the shared micromobility vehicle. The new moped is the latest effort by Bird to diversify its product offerings to capture more customers.

Virgin Orbit Develops Ventilator For Pandemic Response

socalTECH

Long Beach-based space launch company Virgin Orbit has temporarily shifted its attention from developing rockets and its satellite launch systems, and applied its engineering skills to developing a new ventilator, designed to help in the battle against the COVID-19 coronavirus pandemic.

Reduce five risks: Increase your valuation

Berkonomics

Why five risks? In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each.

Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools

TechCrunch VR

It turns out the virtual and augmented reality companies aren’t dead — as long as they focus on the enterprise. That’s what the Los Angeles-based extended reality technology developer Talespin did — and it just raised $15 million to grow its business. .

Saucey Reports a Spike in Demand

L.A. Business Journal

For Saucey Inc. Chief Executive Chris Vaughn, the signs pointing to a spike in demand for the company's alcohol delivery app came well ahead of the stay-at-home order

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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person.

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NASA moves forward with 17 companies as part of bid to transform urban aerial transportation

TechCrunch LA

NASA and a clutch of startup and established companies are moving forward with plans to transform mobility in urban environments through the Urban Air Mobility Grand Challenge.

HyperX Rolls Out New Mechanical Gaming Keyboards

socalTECH

Fountain Valley-based HyperX , the gaming division of Kingston Technology , says it has released two new gaming keyboards, the HyperX Alloy Origins and Alloy Origins Core keyboards. According to the company, the new mechanical keyboards feature a new switch, the "HyperX Aqua". The keyboards also include RGB exposed backlit keys, which are popular with gamers. HyperX said that the HyperX Allows Origin has an MSRP of $109.99, and the Alloy Origins Core an MSRP of $89.99. READ MORE>>.

Digital Summit LA

SoCal Tech Calendar

Monday, March 23, 2020 -- Digital Summit LA. Come experience the most impactful offering of digital marketing tips, strategies, and best practices, while networking with over 1000+ marketing professionals just like you! See [link] (more

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How San Diego Biotech Leaders Are Adapting to Coronavirus Concerns

Xconomy

Three hundred Takeda employees from the Japanese pharma giant’s California research center have been working from home for 10 days straight. Neurocrine Biosciences, one of the few commercial-stage biotechs in town, is working to ensure the animals housed in its vivarium are appropriately minded.

RCT Studio Raises $10 Million

L.A. Business Journal

RCT Studio, a Burbank-based developer of interactive games, announced it has raised $10 million in Series A funding

7 Ways To Hire Your Way To Failure In A New Venture

Startup Professionals Musings

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams.

Grindr sold by Chinese owner after US raised national security concerns

TechCrunch LA

Chinese gaming giant Beijing Kunlun has agreed to sell popular gay dating app Grindr for about $608 million, ending a tumultuous four years under Chinese ownership. Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based based company, San Vicente Acquisition Partners.

AristaMD Finds $18M In Series B Funding

socalTECH

San Diego-based AristaMD , a developer of telehealth software, which allows primary care providers to conduct and document electronic medical consultations, has raised $18M in a Series B funding round. The funding was led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), and also included Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care. The company said the funding will go to towards accelerating expansion of its platform across the country.

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Top 3 Government Network Security Setups

Southern California Edison Blog

Government agencies send sensitive data via their networks on a daily basis to perform tasks including conducting surveillance, transferring military communications, and providing municipal broadband. The wrong network setup can spell disaster in the event of a malicious attack or data leak.

Roche Trial of Ionis Huntington’s Disease Drug Halted After Side Effects

Xconomy

A 20-patient Phase 1 study of an RNA drug discovered by Ionis Pharmaceuticals that is being tested as a treatment for Huntington’s disease by Roche was suspended after two reports of infections related to a device used to take samples of cerebral spinal fluid during the trial.

VR Firm Raises $15M to Add Content

L.A. Business Journal

Culver City-based virtual reality company Talespin announced $15 million in series B funding led by Cornerstone OnDemand Inc., a provider of cloud-based learning software

8 Keys To Scaling The Business After Initial Traction

Startup Professionals Musings

A common pain of startups after an exhilarating first surge of early adopters is a long and frustrating plateau of slow growth, where it seems like nothing you do will get your business to profitability.

500 Startups moves to rolling admissions instead of cohorts

TechCrunch LA

500 Startups is scrapping its cohort model for accelerating companies and moving to a rolling admissions process, the accelerator said during its latest demo day.

Robin Games Gets $7M In Seed Funding For Women's Games

socalTECH

Venice, California-based Robin Games , a startup that is developing mobile games aimed at women, has raised $7M in a seed funding round, the company said on Thursday. The funding was led by LVP, and also included 1Up Ventures, Alpha Edison, Everblue Management, firstminute Capital, Greycroft Tracker Fund, Hearst Ventures and Third Kind Venture Capital. The startup, led by Jill Wilson, says it is developing "lifestyle gaming" titles, which run on such platforms as Apple's iOS and Google Android.