Both Sides of the Table
SEPTEMBER 30, 2015
What Can You Do if a VC Pulls Their Term Sheet? I was asked to answer this exact question on Quora and I did so some time ago. The beauty of evergreen content is that it resurfaces all the time and it is as relevant today as it was years ago when I answered it. One of my favorite ways to resurface content is when I see people on Twitter put out a Tweet linking to an old post.
Berkonomics
SEPTEMBER 24, 2015
Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . By John Huston. There are only two types of companies -those which have achieved positive cash flow and those which have not. (Earnings before Interest, Taxes, Depreciation and Amortization, or EBITDA is the most commonly used definition of cash flow.).
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Tech.Co
SEPTEMBER 25, 2015
From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals. Climbing the ranks for our Los Angeles, CA region, Mobile Therapy was one of two semifinal winners.
socalTECH
SEPTEMBER 30, 2015
Los Angeles-based Jemae , a fashion startup which offers up designer products which help benefit humanitarian projects, said Wednesday that it has raised $1.3M in a seed funding round. The funding came from strategic investors JS Apparel, Inc. and Katmandu, Inc. The company--co-founded by Rob Carpenter and Scott Wilson--said its business is a "cross between TOMS Shoes and Chanel", and will offer up limited-edition designer products, including dresses, scarves, shahs, purses, jackets, and more, a
Advertiser: Aggregage
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.
Eric Greenspan
SEPTEMBER 28, 2015
I’m a hugger. Not just a slight kiss on the face, awkward arm wrap, limp hugger, but a real hug where the other person for a moment feels safe and appreciated. It’s my routine. Some like it. Some don’t know how to handle it. It’s what works for me. I can’t small talk or fake hug. Greetings can be so warm and welcoming and sometimes, just plain awkward.
InfoChachkie
SEPTEMBER 28, 2015
A version of this article previously appeared in Forbes. Who would have thought academic videos recorded at a state university would generate nearly 23 million views? Certainly not I when I took over the program three years ago. The speaker series, which is part of the UC Santa Barbara’s Technology Management Program , has attracted an impressive cadre of venture capitalists, entrepreneurs and philanthropists, including: Peter Levine (Partner, Andreessen Horowitz), Dan Engel (sold one of his com
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Berkonomics
SEPTEMBER 17, 2015
In my life as an early stage investor, I’ve been closely involved with so many businesses, there were bound to be numerous stories of failures, hopefully from which to learn lessons for all of us as we go forward. Several times in my investing life, as the final board member making the arrangements to dispose of remaining assets, I have literally been the one to turn out the lights, carry out the books and records to my car, and become the only remaining contact between the failed business and t
Tech.Co
SEPTEMBER 1, 2015
There’s just no getting around it: part of building any strong startup means cultivating a robust online presence that reaches directly to today’s tech savvy market. In that light, video advertisements are actually widely considered to be one of the most valuable digital marketing strategies that you can use to engage with that demographic.
socalTECH
SEPTEMBER 30, 2015
Los Angeles-based TenOnTen Ventures , the venture capital investor founded by David Waxman and Gil Elbaz, has found $13.18M in commitments for a new venture fund, from 21 different investors, according to a regulatory filing by the fund. Details on the new fund--which is still in the midst of fundraising--have not yet been announced by the investment firm.
Eric Greenspan
SEPTEMBER 14, 2015
I often hear about balance, recharging, relaxing, and rest. These are wonderful things. When you’ve achieved your goals, please, do all of these things. Until then, work your ass off, constantly, and without anymore of this nonsense talk. As we age, we get tired earlier, we sleep less, we get sore, our eyes weaken and in general, it’s just harder to get the same amount of work done as we could when we were young.
InfoChachkie
SEPTEMBER 21, 2015
A version of this article previously appeared in Forbes. Even entrepreneurs that already sold on SaaS should stake note of new research from the SalientGroup : SaaS gets funded - Nearly 50% of SaaS-based startups are getting successfully funded—a rate of funding success no other sector can match. SaaS-based companies grow - The SaaS market is growing 3x faster than the software market (20% vs. 7%), and this rate is expected to continue through 2020.
Both Sides of the Table
SEPTEMBER 11, 2015
When most people think of John Shahidi two words come to mind. Bieber & Mayweather. Yes, that Bieber (67 million Twitter followers, 73 million on FB) & that Mayweather (6.4 million Twitter followers, 12 million on FB). The reason being – John Shahidi counts both as investors and friends. So. You’re probably thinking, “slick talking, super confident, tall, extroverted, arrogant, LA kinda dude.” You’d be dead wrong.
Berkonomics
SEPTEMBER 10, 2015
Dave’s note: For the second time, we invite Basil Peters, author of “Early Exits,” back as our guest – to provide more of his insight into the “when” to exit by selling your business. In future weeks, we’ll add the voices of other well-known professionals in the field of exits to my own, and try to give you a compendium of useful advice in the process. .
Startup Professionals Musings
SEPTEMBER 9, 2015
There is an old saying that good lawyers run away from risk, while good businessmen run towards risk. Entrepreneurs see “no risk” as meaning “no reward.” In reality, all risks are not the same. Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure.
socalTECH
SEPTEMBER 30, 2015
The County of Riverside has turned on the first stage of a massive, 12MW solar power conversion project, which its installer says is the largest, countywide conversion to solar in the U.S. The massive installation of solar power is expected to help save the county around $200 million over the next 30 years in energy costs. The first stage of the project was installation of solar panels to power the Perris Sheriff Station; as an added benefit, those panels were installed as a solar carport, which
Tech.Co
SEPTEMBER 3, 2015
From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year at our annual Tech.Co Celebrate Conference in October. Among the participants that applied for the online competitions, only a progressed into the semi-finals. Climbing the ranks for our Western Region, Picking Duck was one of two semi-final winners.
InfoChachkie
SEPTEMBER 14, 2015
A version of this article previously appeared in Forbes. In the 1998 movie The Big Lebowski, Jeff Bridges’ character, The Dude, laments the destruction of his favorite rug by repeatedly stating, “That rug really tied the room together.” In homage to The Dude’s sentiment, tech startup Akanda Virtual Networking named its open source project The Rug because it “ties together” OpenStack networks by managing orchestration, routing and other key network services.
Both Sides of the Table
SEPTEMBER 10, 2015
My partner Greg Bettinelli is an avid sports fan who throughout his career has developed an expert understanding in online ticketing (at eBay has was a champion of the StubHub acquisition) and online marketing. Greg knows consumer businesses and customers, which has added tremendously to our team where I admittedly have more of a background in enterprise software, data and online video.
Berkonomics
SEPTEMBER 3, 2015
We are pleased to host Basil Peters, perhaps the best known name in the world of early stage company exits. His groundbreaking book, “Early Exits” has become a textbook for angel groups and entrepreneurs throughout the world. His Strategic Exits Corporation provides M&A advisory services, and he is much in demand as a speaker at angel and entrepreneur events worldwide. – Dave.
Startup Professionals Musings
SEPTEMBER 20, 2015
Too many people, young and older, let their career and their lifestyle happen to them, rather than proactively making things happen based on their personal passions, skills, and interests. Others make decisions based on someone else’s interests, such as the father who wants his son to take over the family business, or dreams openly of having a doctor in the family.
socalTECH
SEPTEMBER 30, 2015
Los Angeles-based Evolve Media said today that it is relaunching its flagship site, CraveOnline.com , with a complete design overhaul and a "significant shift" in editorial direction. Evolve Media said its relaunched site is aimed at 25-34 year old males, and now includes specific content channels for culture, art, design, and style. Evolve Media said the site is now being anged by Executive Editor Andrew Pogany, who was previously Editor-in-Chief of Flaunt Magazine.
Tech.Co
SEPTEMBER 21, 2015
LinkedIn is by far the world’s largest professional network with more than 380 million members in over 200 countries and territories. But it isn’t meeting the needs of everyone, leading to the creation of several sites positioning themselves as the go-to professional network for niche industries. If you work in hospitality, you’ve got Industry. If you’re a doctor, head over to Doximity.
Jason Nazar
SEPTEMBER 24, 2015
What should the core values for our company be? Being a HUGE comic buff, I took this as the opportunity to frame our mission and values within the metaphor of an epic adventure. So here is the list of our core values, based on 10 Lessons Startups Can Learn From Superheros. (substitute “Superheros” for “Your StartUp Company”).
Tech Zulu Event
SEPTEMBER 29, 2015
You’ve tinkered with a NEST, installed a couple of Philips Hue light bulbs, and now you’re hooked on home automation. What’s the next step? To truly make your home “smart,” you need a home automation hub (also known as a smart home hub). Here, we’ll detail the different options on the market and help you decide which hub will work best for your home.
Both Sides of the Table
SEPTEMBER 27, 2015
Something is rotten in tech startup land. Don’t call me a hater for saying so. It’s not that I’m anti innovation or a disbeliever in disruption or calling it a full-scale bubble or saying every darling startup is going to fail. None of those. Still. Somebody posted too many party fliers. The uninvited crowds have all turned up. The people here don’t respect your parents’ furniture, are throwing beer cans in your back yard and there’s a dude passed out face dow
Startup Professionals Musings
SEPTEMBER 14, 2015
A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Now you can match a big company with worldwide reach for a few thousand dollars.
socalTECH
SEPTEMBER 30, 2015
Irvine-based disk drive and storage maker Western Digital Corporation has received a massive, $3.775 billion equity investment from Chinese company Unisplendour Corporation Limited , which will give Unisplendour a 15 percent stake in the company. According to Western Digital, Unispendour (Unis) will purchase newly issued Western Digital common stock at a price of $92.50 per share for the stake.
Tech.Co
SEPTEMBER 17, 2015
I think that the value of a well-built API is somewhat underrated these days. I’m not saying that people don’t appreciate them – I just think that they’ve become so commonplace we tend to forget just how much they simplify life for a lot of entrepreneurs. Not to mention that almost every business in our modern, digital age is using this technology. That is, businesses are using APIs like crazy to stay competitive and communicate with both partners and customers more effectively.
socalTECH
SEPTEMBER 30, 2015
Los Angeles-based Surf Air , which operates a membership-based, all-you-can-fly air service between Los Angeles, Silicon Valley, and a number of other regional destinations popular with technology and venture capital executives, is telling its prospective customers that it is set to receive its twelfth Pilatus PC-12 aircraft in the next day or so. Surf Air had said in April that it expects to have a total of 13 aircraft in its fleet by the end of the year.
socalTECH
SEPTEMBER 29, 2015
What is it to start up a company, and run it to the brink of shutdown�only to have it acquired and restarted immediately? That's the fascinating story behind Los Angeles-based Earbits (www.earbits.com), which offers up a mobile music streaming service focused on discovering both new and talent. We caught up with co-founder Joey Flores on the story behind the company's brush with death, and its recent acquisition by You42, which was announced last week.
socalTECH
SEPTEMBER 29, 2015
El Segundo-based iRise said Tuesday that it has rolled out a new service, which will help companies turn their ideas into software prototypes in less than 48 hours. iRise said its new service, iRise Express, takes text documents, presentations, screenshots, and photos to help convert ideas from enterprises, small businesses, and startups into working software prototypes.
socalTECH
SEPTEMBER 29, 2015
Los Angeles-based GumGum and Ventura-based Trade Desk announced this morning that the two companies have partnered, to integrated GumGum's in-image advertising technology into The Trade Desk's platform. The Trade Desk offers up a Demand Side Platform (DSP) for the advertising market. Financial details of the deal were not disclosed. The companies said the move makes GumGum's in-image advertising inventory available programatically within The Trade Desk.
socalTECH
SEPTEMBER 29, 2015
XPRIZE , the organization led by Peter Diamandis which runs prize competitions to spur technology advances to solve major, human issues, is taking aim at a big issue with its newest XPRIZE: CO2 emissions from fossil fuels. According to XPRIZE, the new competition Carbon XPRIZE competition will run for four and a half years, and is sponsored by NRG and COSIA.
socalTECH
SEPTEMBER 29, 2015
Los Angeles-based GumGum and Ventura-based Trade Desk announced this morning that the two companies have partnered, to integrated GumGum's in-image advertising technology into The Trade Desk's platform. The Trade Desk offers up a Demand Side Platform (DSP) for the advertising market. Financial details of the deal were not disclosed. The companies said the move makes GumGum's in-image advertising inventory available programatically within The Trade Desk.
socalTECH
SEPTEMBER 29, 2015
Santa Barbara-based whole-home, music system developer Sonos rolled out two new products today, including both a new software product which allows users to "tune" their Sonos speakers to match their install location, as well as a new speaker, the SONOS PLAY:5. The new Sonos software, Trueplay , lets Sonos owners "tune" their speakers after installation, to better match the acoustics of a room.
socalTECH
SEPTEMBER 29, 2015
Google and air pollution sensor network developer Aclima said Monday that the two are planning to use Google's ubiquitous Street View cars, to help monitor air pollution in Los Angeles, as well as a number of other California cities. According to the two companies, they will equip Google's Street View cars with Aclima's mobile sensor technology, which make air quality measurements.
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