October, 2017

TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. The deal was originally announced in April. BICS said it paid $230M, however, March Capital Partners, one of the investors in TeleSign, said that as a result of additional cash and earn out the deal now has a total valuation of $335M.

Everything You Need to Know About Hyperloop

Tech.Co

Since 2013, when Elon Musk released his white paper for an emerging mode of transportation using low air pressure within a tube, companies around the world have answered the call to build the next generation of futuristic transportation.

Trending Sources

Silicon Beach Report Oct. 18: LAEDC Includes 9 Sites in L.A. Region Bid for Amazon’s Second Headquarters

L.A. Business Journal

LAEDC includes 9 sites in L.A. region bid for Amazon’s second headquarters, crypto venture firm Blockchain Capital raising $150 million for two funds, and Snap partners with Discovery, Eurosport for Olympics coverage

Which Of These 7 Fears Are Keeping You From Being An Entrepreneur?

InfoChachkie

A version of this article previously appeared in Forbes. Marketing automation company HubSpot recently surveyed its users, asking them a variety of startup questions. Some […]. The post Which Of These 7 Fears Are Keeping You From Being An Entrepreneur? appeared first on John Greathouse

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Effective Networking Starts With Empathy

Tech.Co

The better you understand someone, the more you will be able to relate to them in all areas of life. This is just some advice from Alejandro Rioja , CEO of Flux Ventures. We asked him about building relationships and advice for founders needing to expand their network.

Saudis to Invest $1B in Virgin Galactic, Virgin Orbit

L.A. Business Journal

The Public Investment Fund of Saudi Arabia said Thursday it had reached a non-binding memorandum of understanding to invest $1 billion in space tourism company Virgin Galactic

High School Dropouts Use Common Sense To Amass Millions

InfoChachkie

A version of this article previously appeared in Forbes. Note: This is Part II of High School dropout growth hacks. Part I can be […]. The post High School Dropouts Use Common Sense To Amass Millions appeared first on John Greathouse

43

JLABS Takes Stock of its Experiment in Life Sciences Innovation

Xconomy

What began as a kind of business experiment in innovation has acquired a life of its own.

When Your Legs Start Shaking, Just Keep Talking

Eric Greenspan

Back in 2001, I started my 3rd company out of my 3rd bedroom in my newly rented townhome on the beach after separating from my oldest son’s mother. I had no choice. I had just sold my last company and I needed to keep busy. I built and built and built and one day, I wrote a business plan and sent it off for review to an angel funding group. I pitched 4 locations, including Hawaii. I got a few bucks out of a guy that wasn’t even in the room, but overheard from outside the banquet room.

SmartDrive Systems Gets Funding From Michelin

socalTECH

San Diego-based SmartDrive Systems has received an investment from Michelin North America , the company said on Sunday, in a preferred-stock round of investment. Size of the investment was not disclosed. SmartDrive said it will use the new funding for expansion of its strategy for fleet telematics and mobility services. SmartDrive is a developer of video- and sensor-based driver safety systems, used primarily for commercial fleets.

3 Ways to Leverage Micro-Influencers and Grow Your Business

Tech.Co

One of the major shifts we have seen in consumer behavior is how reliant they are on reviews and third party recommendations. In fact, 71 percent of people say they make buying decisions based on recommendations they find on social media.

Scott Painter’s Next Auto Venture Secures $1 Billion Debt, Equity Funding

L.A. Business Journal

Fair, a flexible car ownership startup launched by Scott Painter, announced it raised an undisclosed round led by BMW i Ventures with participation from Penske Automotive Group and other unnamed investors

Hiring Lessons From Annie Duke: World Series Poker Champ

InfoChachkie

A version of this article previously appeared in Forbes. Earlier this year, I had the pleasure to hear Kit Cooper interview World Series of Poker […]. The post Hiring Lessons From Annie Duke: World Series Poker Champ appeared first on John Greathouse. Team Building Uncategorized

35

Terminated Blood Cancer Drug Springs Back to Life at SD Biotech

Xconomy

A blood cancer drug resurrected by the scientist who helped discover the compound, and who shepherded it through years of R&D, got a shot in the arm today, in the form of a $90 million financing deal with New York’s Oberland Capital.

Startup Weekend Conejo Valley - Sports Focused

SoCal Tech Calendar

Sunday, November 5, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. See [link].

Fair Raises Nearly $1 Billion In Strategic Funding Round

socalTECH

Los Angeles-based Fair , the automotive startup led by serial entrepreneur Scott Painter, has raised nearly $1 billion in a strategic funding, led by BMW i Ventures, along with Penske Automotive Group, Sherpa Capital, and others. Fair is developing an app-driven service which allows people to gain access to a car , which they can pay for on a monthly basis and return anytime. The funding also included other, un-named strategic investors.

Los Angeles Dodgers Win the World Series Social Media Battle

Tech.Co

Last night, the Los Angeles Dodgers faced off against the Houston Astros in Game 1 of the World Series. The two storied franchises have endured epic championship droughts , which means that in just a few days, one city will be the happiest they’ve been in decades.

Andelman and Mullin, VC Vets, Announce New Venture

L.A. Business Journal

Two veteran L.A. venture capitalists have formed Bonfire Ventures, a Brentwood VC firm focused on software for businesses

One Small Change I Made That Improved My Daily Mental State

Both Sides of the Table

We all have a pretty good idea about things that drag down our productivity or suck up time that would be better spent on more fulfilling activities. Two years ago I made a commitment to stop bringing my mobile phone into my bedroom and with like a 95% compliance rate this made a big improvement.

With Pitches for HQ2 Made, Cities Wait on Amazon’s 2018 Decision

Xconomy

From Portland to Pittsburgh, it’s likely that every city in the U.S. with more than 1 million people has made its case to Amazon to locate the company’s second headquarters there. At least, hopefully they have already, because today—if you haven’t heard—was the deadline to apply.

Startup Weekend Conejo Valley - Sports Focused

SoCal Tech Calendar

Saturday, November 4, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. See [link].

PatientPop Links With Electronic Health Records Software From Greenway

socalTECH

Santa Monica-based PatientPop , the developer of healthcare scheduling and practice management software for healthcare providers, has linked up with electronic health records software developer Greenway Health. According to the two companies, they have added patient scheduling integration between Greenway Prime Suite and PatientPop's practice management software.

Girl Scouts Learn to Pitch Like a Girl at Startup Weekend

Tech.Co

When I was younger, I experienced the Girl Scouts program like many girls have. I made it to the “Juniors” level before retiring my cookie-selling skills. I learned a lot through the program and had a few fun summers at camp.

Hackers Steal Client Data From Line 204 Studios

L.A. Business Journal

Line 204, a Hollywood film and television production and rental company, said today hackers had stolen its client database. The extent of the breach is still being determined

How to make a small problem into a big one.

Berkonomics

Allowing small problems to escalate into big ones is simple. Just ignore the signs for long enough and the job is done. It takes far more energy to review regularly the key performance indicators you’ve established for each individual and yourself.

Blockchain, Banks & the New Web: Q&A With Ethereum Co-founder Lubin

Xconomy

Ethereum co-founder Joe Lubin is calm and soft-spoken when he shares his vision of how blockchain technology and digital currencies could transform the Internet, the global economy, and many aspects of our daily lives. But what he’s talking about could become a raging tempest, and it’s worth paying attention to—especially given the vast sums of money pouring into the sector. Companies have raised more than $1.25

Startup Weekend Conejo Valley - Sports Focused

SoCal Tech Calendar

Friday, November 3, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance. Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. See [link].

Sommetrics Hires Financial Advisor For Capital Raise

socalTECH

San Diego-based Sommetrics , a developer of medical devices to treat sleep apnea, said today that it has hired investment advisor Key West Investments to help it raise additional capital. According to Sommetrics, the new capital will go towards supporting its development and commercialization of products to treat disorders of the upper airway such as obstructive sleep apnea and chronic snoring. Sommetrics is led by Richard Rose, M.D.