Sat.Jan 25, 2020 - Fri.Jan 31, 2020

Caltech Wins $1.1 Billion Patent Verdict Against Apple, Broadcom

L.A. Business Journal

Caltech won a $1.1 billion verdict against Apple and Broadcom for allegedly infringing on the Pasadena university's wireless technology patents

For alternative meat manufacturer Beyond Meat, fast food chains giveth and taketh away

TechCrunch LA

Beyond Meat, the publicly traded producer of plant-based protein replacements for meat, is currently giving other companies in the alternative meat space an education in just how finicky appealing to consumer tastes can be.

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SpaceX Plans To Build Starships In Port Of LA

socalTECH

Hawthorne-based SpaceX is reportedly planning to set up a new factory to build its next generation, Starship rockets at the Port of Los Angeles, according to a report from CNBC on Thursday. The rocket factory is expected to be up and running in as little as 90 days, according to the report. SpaceX had been building a prototype of the next generation rocket in Boca Chica, Texas. The Starship is at the core of SpaceX founder Elon Musk's plan to use the vehicles to launch people to Mars.

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Why document your company’s tribal knowledge?

Berkonomics

The processes you and your subordinates follow. It is not common for the CEO of a rapidly growing company to think of slowing down the furious pace enough to have each manager (including the CEO) document the job process managed, as well as see to the documentation for each process managed below.

7 Keys To Active Listening For Real Customer Feedback

Startup Professionals Musings

Entrepreneurs and business executives seem to be even more focused on their technology than the rest of us, and less inclined to listen to the voice of the customer, even if they remember to ask.

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LA tech industry mourns Kobe Bryant

TechCrunch LA

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., shortly before 10 a.m. on Sunday.

More Trending

Special edition: Building semi pro audio video studio

Berkonomics

Like to make professional videos for a small cost? Postings to on-line sites? Dave takes you through the process, shows the results, and gives you the costs. There’s lots more information you will find as you experiment and may need when selecting and learning the tools Dave lists.

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OpenX's Tim Cadogan To Take Over At GoFundMe

socalTECH

Tim Cadogan , the current CEO of Pasadena-based OpenX , is set to take over at San Diego-based GoFundMe , according to GoFundMe. Cadogan is taking over for Rob Solomon, who had been CEO of GoFundMe for the last five years. The reason for the shift was not given, however, GoFundMe said that Solomon will stay as Chairman of the company. GoFundMe lets peopel raise money through crowdfunding, for everything from charitable causes to personal needs. READ MORE>>.

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Looking to new products, Bev adds strategic investors and redoubles focus on women entrepreneurs

TechCrunch LA

Looking for fellow travelers to join in on its mission to transform the beverage business, the Los Angeles-based startup Bev has taken on fresh capital from a slew of strategic investors. .

8 Errors To Avoid In Your First Minute With Investors

Startup Professionals Musings

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers.

BYD Buses Rolling into Toronto

L.A. Business Journal

BYD Motors Inc., the downtown-based electric bus manufacturer, delivered two vehicles to the Toronto Transit Commission, Canada’s largest transit operator, as the first part of a 10-bus order

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Caltech Wins $1.1 Billion Lawsuit Against Apple And Broadcom

socalTECH

The California Institute of Technology has won a $1.1 billion patent lawsuit it filed against Apple and Broadcom on Wednesday, where it had alleged the infringement of its patents on Wi-Fi technology. The lawsuit--which had been filed in 2016--had alleged that Broadcom's wireless chips infringed on the university's patents. Those chips are widely used in Apple's iPhones. Both Broadcom and Apple have said they will appeal the verdict. READ MORE>>.

KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources.

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Why Successful Startups Often Have A Pair Of Founders

Startup Professionals Musings

In my work with new startups, I often find people who believe that the terms “ entrepreneur ” and “ inventor ” are interchangeable. Yet I find a big difference between “starting a new business” and “creating a new product.”

Draper Goren Holm Backing LunarCrush

L.A. Business Journal

Venture capital and private equity investment firm Draper Goren Holm has made its first investment since a major management move in December, leading a seed round for Costa Mesa-based LunarCrush Inc

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Synedgen Raises $2.6M

socalTECH

Claremont-based Synedgen , a biotechnology company developing wound care technology, said this morning that it has raised $2.6M in funding. Source of the funding was not announced. According to the company, the funding will go towards commercialization of two, U. Food and Drug Administration (FDA) 510(k)-cleared products for wound care. The comopany says it is using glycochemistry for development of its drugs, which it says enhance and mimic the innate immune system.

SpaceX reportedly looking to build Starship rockets at Port of LA

TechCrunch LA

SpaceX is said to be in talks with local government officials about setting up a new rocket factory in the Port of Los Angeles, a location that would give it easy access to the ocean for transporting its next-generation Starship and Super Heavy launch vehicles to its coastal launchpad sites in Florida. CNBC reported that these discussions were confirmed by Port of LA officials. As CNBC points out, this isn’t the first time that SpaceX has done this dance with the Port of LA: The company had received approval to build a manufacturing facility in the port two years ago, and agreed on a 10-year, $1.4 million-per-year lease, before subsequently going back on that agreement in 2019. Currently, SpaceX is building its Starship prototype for orbital testing at a facility in Boca Chica, Texas. That’s a one-off vehicle however, intended for the purpose of testing and working out the final design for the Starship, which is meant to be a fully reusable spacecraft, which in tandem with SpaceX’s forthcoming “Super Heavy” booster will be able to take large payloads to orbit — and ultimately to the Moon and Mars. SpaceX CEO Elon Musk has shared eventual plans for Starship that involve flying them with very high frequency, and ultimately attaining a rate of construction of 100 Starships per year with the aim of producing 1,000 over the course of the next 10 years. Musk says that this rate of production is required to perform cargo and passenger flights with the frequency and volume needed to establish a permanent human presence on Mars — which, ultimately, has been his goal all along with SpaceX. It stands to reason that building that many large vehicles in that span of time would require additional production facility resources. SpaceX currently manufactures Falcon 9 and Falcon Heavy at its facility in Hawthorne, Calif., and then transports those in sections over land, but Starship and Super Heavy will be considerably larger and will likely require transportation by water to reach SpaceX’s launch sites. CNBC’s report cites LA City Councilman Joe Buscaino as saying that SpaceX might seek to be up and running with at least a temporary production facility in as little as 90 days, though no deal is yet finalized between the parties. Space TC Transportation BFR california Elon Musk Falcon 9 falcon heavy florida Los Angeles outer space spaceflight SpaceX Starship texas

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Startups Need Your Data, But Consumers Are Still Wary

Startup Professionals Musings

Neither people nor computers can really help you as a personal assistant unless you are willing to share data about what you like, what you feel, and who and what’s important to you.

Activision Brings on Sponsors

L.A. Business Journal

Santa Monica-based game publisher Activision Blizzard Inc. signed several high-profile sponsors for its new “Call of Duty” League, two weeks after launching the professional esports competition

Cornerstone OnDemand Joins Blockchain Technology Group

socalTECH

Santa Monica-based Cornerstone OnDemand said this morning that it has joined an industry group, which is looking to accelerate the development of a universal blockchain-powered network for human resources.

Game Design Showcase 2020

SoCal Tech Calendar

Friday, January 31, 2020 -- Game Design Showcase 2020. Celebrate and play original games created by NYFA's Game Design graduating class! Join the NYFA Game Design graduating class of 2020 as they head off on their next big adventure: the real world! The NYFA Game Design Showcase features drinks, food and original video games and board games created by our MFA and BFA graduate students!

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8 Strategies To Optimize Your Business Pace Of Change

Startup Professionals Musings

Entrepreneurs and startups are big believers in innovation, but sometimes they forget that innovation must be continual to assure long-term success, rather than the one big-bang idea that initiated their journey.

Bird Buys Berlin Company

L.A. Business Journal

Electric scooter operator Bird Rides Inc. acquired Circ, an electric scooter company headquartered in Berlin, in a bid to expand the Santa Monica-based company’s European operations

ServiceNow Acquires Passage AI

socalTECH

ServiceNow , the developer of information technology service management software which has major operatinos in San Diego, has acquired Mountain View-based Passage AI , a developer of conversational AI tools. Financial details of the buy were not announced. According to ServiceNow, the deal will help it advanced its own artificial intelligence capabilities, including the addition of support for all major languages on its platform.

BioIntelliSense Debuts ”Sticker” Sensor to Capture Patient Data Remotely

Xconomy

Subtle changes can presage a worsening of a chronic condition, but symptoms may not become apparent to a patient until it’s time to call an ambulance.

Do Your Employees Deserve a Raise?

Startup San Diego

When is the right time to give someone a raise or promotion? What if they ask you for one before you think they're ready? Here are some tips to navigate this situation. The post Do Your Employees Deserve a Raise? appeared first on Startup San Diego. Guides

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MedMen CEO Bierman Steps Down

L.A. Business Journal

Adam Bierman will step down in February from the cannabis company he helped establish in 2010

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Quid To Offer Pre-IPO Loans

socalTECH

Santa Monica-based venture capital Troy Capital Partners and alternative investment firm Oaktree Capital announced this morning that they have spun off a new company, Quid , which will provide loans back by pre-IPO shares of stock. According to the companies, the business will provide company employees and shareholders access to money for their shares, with the money repaid when the company has an IPO or sale.

Life Sciences IPOs Target Collective Raise of More Than $600M This Week

Xconomy

So far this year four privately held companies have made the transition to trading on the public markets. By month’s end, five more are anticipated to join the class of 2020 initial public offerings—and four of those are in life sciences, according to IPO research firm Renaissance Capital.

Evolution Smart Bag

Startup San Diego

Learn more about Evolution Smart Bag and how the founder, Angela Marino, went from idea to concept to shipping out her first orders within a couple years! The post Evolution Smart Bag appeared first on Startup San Diego. Startup Spotlight