Sat.Jul 02, 2022 - Fri.Jul 08, 2022

OK. Let’s AMPLIFY your three levels of leadership.

Berkonomics

Another leadership development bit? But if you have no time or are impatient, here are the three levels: visionary, strategic and tactical. Skip or stay with me; but think about your balance in your leadership methods either way. The conundrum of competing needs.

All New Venture Opportunities Come With Unknown Risks

Startup Professionals Musings

Outside of dreams, there is no real business opportunity without risk. Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk.

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TRNXN Invests In Tabski

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Newport Beach-based payment and point-of-sale software company TRNXN announced on Wednesday that it has made an investment in Tabski, a developer of QR code ordering software. Financial details of the investment were not announced. TRXNX said that Tabski's technology allows restaurant patrons to manage and pay their bills from their mobile devices, while providing operators with two-way communication to update guests on when items are being prepared and delivered to their tables.

Invest 122

6 Sources Of Purpose To Drive Business Success Today

Startup Professionals Musings

Today more than ever, the evidence is clear that business people need to find and communicate a purpose that goes beyond making a profit, in order to ensure customer engagement, as well as your own, and drive results in the marketplace.

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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.

6 Reasons Earned Social Engagement Surpasses Paid Ads

Startup Professionals Musings

Isn’t it frustrating to think you finally understand something in business, like marketing with social media, only to realize that the landscape changed while you were looking at other priorities?

8 Sure Signs Of Self-Doubt In Starting Your Business

Startup Professionals Musings

Getting out of your comfort zone is always a challenge, but more and more evidence indicates that it is necessary for growth and success in your business and career.

Mentor 103

More Trending

Elon Musk Pulls Out Of Twitter Deal

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Elon Musk, the CEO of Hawthorne, California-based SpaceX, has pulled out of the deal to acquire Twitter, according to an SEC filing. The filing says that "Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions", including "false and misleading representations" on how many fake and spam accounts are on the service. Musk had offered to purchase Twitter for $44 billion. elon musk twitter merger acquisition exit

Resecurity Expands In Silicon Beach

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Los Angeles-based managed cybersecurity firm Resecurity, which says it is focused on data-driven and AI-powered threat detection, says it is expanding in "Silicon Beach", adding a new office in the area. The company did not say specifically where that new office is, but cited nearby companies Bird, Fair, SpaceX, Google, Facebook, and RAND Corporation. The company said its new office will accelerate product marketing, sales engineering and operations. Gene Yoo is CEO of Resecurity.

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Report: Emotive Chops 18 Percent Of Staff

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Los Angeles-based Emotive, a developer of conversational text messaging software, has reportedly laid off around 18 percent of the company's staff. Emotive is venture backed by CRV, Mucker Capital, TenOneTen Ventures, Stripes and Vulcan Capital. The company is led by CEO Brian Zatulove. emotive layoff jobs text messaging artificial intelligence software

Report 109

SpaceX Launches Pricey Maritime Internet Service

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Hawthorne-based SpaceX has launched a new, roving Internet service specifically for the maritime market--albeit, at a steep price--following its approval to offer up its service on moving vehicles by the FCC. The new Starlink Maritime service costs $5000 a month, plus $10,000 in hardware costs for high speed Internet. The service looks to be similar to the SpaceX RV offering, just at a much higher price--likely tailored to the maritime market's higher budgets.

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Pique Action Takes $1M For Climate Media

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Los Angeles-based Pique Action said today that it has raised $1M in a pre-seed fundraising round, to product and distribute content focused on climate solutions. The funding was led by Amasia, and also icnluded Baruch Future Ventures and Fairbridge Park. According to the company, it is producing short-form videos to drive consumer behavior towards climate action. The company said it wants to provide content which is "the opposite of doomscrolling", with "positive viral content" on social media.

Media 109

Snap Picks Up Head Of U.S. Secret Service

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Venice, California-based Snap, the parent company of Snapchat, is hiring on the former head of the U.S. Secret Service. Secret Service Director James Murray is stepping down from his position, according to an announcement from the White House. Murray becomes Chief Security Officer at Snap Inc. at the beginning of August, according to reports, with Murray directly reporting to Snap CEO and co-founder Evan Spiegel.

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Virgin Galactic Plans As Many As 400 Launches A Year

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Tustin-based space tourism company Virgin Galactic said on Wednesday that it has contracted with Aurora Flight Sciences, to build two new vehicles capable of sending people to space as many as 200 times each in a year. According to Virgin Galactic, Aurora will partner in the design and manufacturing of "next generation motherships", which will carry its spaceships to an altitude of approximately 50,000 feet before launch. Financial details of the deal between the two companies was not announced.

Design 109

Promenade Launches Point of Sale Software For Florists

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Santa Monica-based Promenade Group said today that it has launched its new, point-of-sale software product aimed at florists. The company--previously known as BloomNation--says its new software, BloomNation powered by Promande POS, allows florists to run their flower shop with management solutions for ordering, delivery, invoicing, proposals, and more. Promenade Group spent 12 years as BloomNation, which ran a floral delivery service. Promenade Group headed by co-founder and CEO Farbod Shoraka.

A Look At FaZe Clan's Plans To Go Public

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Los Angeles-based FaZe Clan, the e-sports and lifestyle brand, is planning to go public. Wired takes a look at the company's plan to go public via a special purpose acquisition company (SPAC), saying that the only problem is a recession may derail its business trajectory. The company is hoping to list on the NASDAQ as FAZE. faze clan public spac merger acquisition esports gaming

Birch Creek Development Gets $250M Loan For Renewable Energy

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Los Angeles-based Birch Creek Development LLC said this week that it has raised $250M in a credit facility from Fundamental Renewables, to go towards utility scale solar projects. The company said the debt financing will fund development and construction of utility scale solar projects, plus strategic acquisitions in key markets. Birch Creek that so far, it has financed over 700 megawatts (MW) of projects, with 5+ gigawatts of utility scale solar in the pipeline.

Rocket Lab Set For Two New Missions For NRO

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Long Beach-based Rocket Lab says it will be launching two more space missions from the US National Reconnaissance Office (NRO). According to the company, it plans to deploy satellites fro the NRO this month, with the launch of NROL-162 ("Wise One Looks Ahead") lauching no earlier than July 12, and NROL-199 ("Antipodean Adventure") scheduled to launch no earlier than July 22.

Eurofins Discovery Acquires DiscoveryBioMed

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San Diego-based Eurofins Discovery, a provider of in vitro safety and pharmacology assays and panels for drug screening and profiling, says it has acquired DiscoveryBioMed, a contract research organization (CRO). Eurofins Discovery said DiscoveryBioMed is developing novel human bioassays utilizing cells from diseased and normal human tissues. Financial details of the deal were not announced. DiscoveryBioMed was headquartered in Birmingham, Alabama.

CareConnectMD Gets $25M

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Costa Mesa-based CareConnect, which provides primary care and care coordination services for Medicare participants, says it has raised $25M in a financing round. The funding was led by TT Capital Partners (TTCP). The company said the new funds will go towards its services in California, Ohio, and Texas, as well as expansion into other markets.

Infinite Reality Completes $470M Acquisition of ReKTGlobal

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Los Angeles-based Infinite Reality said on Tuesday that has completed its $470M acquisition of esports and entertainment company ReKTGlobal. The company said the merged company has a post-close valuation of $2.47 billion. Infinite Reality said it will incorporate ReKTGlobal's entertainment and esports business into its social, gaming, virtual and remote production, NFT minting, UGLC, and Metaverse creation efforts.

Finli Finds $6M

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Los Angeles-based Finli, a startup that provides a payment management platform for small businesses, says it has raised $6M in a seed funding. The funding was led by Urban Innovation Fund, and also included Motley Fool Ventures, M13, and Alumni Ventures. According to Finli, the new funding will go to expand its team and business banking cpabilities. The company's platform helps businesses manage invoicing and payments communications. The company is led by CEO Lori Shao.

FCC Approves Use Of Starlink On Moving Vehicles

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The FCC has approved use of Starlink satellite terminals in moving vehicles, which will open up use of the SpaceX high speed Internet service on airplanes, moving freighters, RVs, and more. According to the FCC approval, SpaceX received "blanket authorization" for operating its Ku-band earth stations while in motion.

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Virgin Orbit Completes Launch

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Mojave-based Virgin Orbit said it successfully completed a satellite launch over the weekend, launching seven satellites into orbit for the United States Space Force (USSF). According to the company, the launch brings its total number of satellites delivered to space to thirty-three. The company launched the satellites into space at 12:55 a.m. Pacific on July 2nd.

ServiceTitan Acquires Schedule Engine

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Los Angeles-basd ServiceTitan said last week that it has acquired Schedule Engine, a provider of online booking for home and commercial services. Financial details of the acquisition were not announced. Schedule Engine was founded in 2016 by Austin Haller.

Bodybuilding.com Partners With Retail Ecommerce Ventures

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Los Angeles-based Bodybuilding.com, an online fitness store, has linked with Los Angeles-based Retail Ecommerce Ventures (REV), the two said Friday. According to the companies, REV will take on "substantial operational roles" within Bodybuilding.com, to help it build its online footprint. Financial details of the deal were not announced.

Untapped Capital Raises First Fund

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Untapped Capital, a venture capital firm run by Yohei Nakajima and Jessica Jackley, says it has closed its first fund, Fund I. The new startup investment firm says it's a pre-seed/seed fund that looks invest in "unexpected founders, found off the beaten path, not well connected to VCs", adding that it is looking specifically at "young, underrepresented, small town, immigrant" founders. Size of the firm's first fund was not announced.