L.A. Business Journal
AUGUST 19, 2016
Los Angeles County tech wages are growing faster than the earnings of tech employees in the nation’s other big cities, according to data from the U.S. Bureau of Labor Statistics compiled in a report by downtown real estate investment firm Jones Lang LaSalle Inc.
socalTECH
AUGUST 18, 2016
Los Angeles-based local search site YP said today that it has named a new CEO, Jared Rowe. Rowe was most recently at Cox Enterprises, serving as President of Cox Automotive Media Solutions Group--which runs Autotrader, Kelley Blue Book, and Dealer.com. Rowe had been at Cox since 2010. Former CEO David Krantz, who has led YP since its spinoff from AT&T in 2012, will continue as a Strategic Advisor to the company.
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Berkonomics
AUGUST 18, 2016
Over fifty years ago, I was CEO of a record manufacturing company in Hollywood. We were the only such facility on the West coast to provide and control the entire process from studio, through finished vinyl record pressings in the same building, therefore able to promise quality control others could only dream about. As founder and CEO of the then public company, I was expert in several of the “clean” processes such as studio recording, record mastering, cover design and photo– lithography.
SoCal Tech Calendar
AUGUST 19, 2016
Thursday, August 25, 2016 -- EvoNexus MarketLink: Huawei. In 2015, Huawei ranked 228th on the Global Fortune 500 based on its revenue which grew by 35% reaching $60.8 billion USD. Huawei Executives are coming to Irvine on August 24-25th as part of the EvoNexus MarketLink Program. Selected companies will have the opportunity to discuss potential business opportunities with Huawei.
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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.
L.A. Business Journal
AUGUST 18, 2016
Amazon producing virtual and augmented reality content in Santa Monica, FreedomPop offers free WhatsApp data, and Atom Tickets expands nationally.
socalTECH
AUGUST 19, 2016
Jaunt Studios , the content production arm of virtual reality hardware and software developer Jaunt VR, says it has linked up with the Sundance Institute , and will run a six month "VR Residency Program", which will help artists make their own virtual reality short films. Jaunt Studios--which is based in Los Angeles--said it ahs selected Daniel Arsham, Yung Jake, and Lily Baldwin & Saschka Unseld as the three artists to kick off the program.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
SoCal Tech Calendar
AUGUST 19, 2016
Thursday, August 25, 2016 -- 13th Annual ERA Summer Social. The Electronic Representatives Association of So. Cal. are pleased to announce the 13th Annual Summer Social will be held on Thurs, Aug. 25th from 5 - 8 pm.
L.A. Business Journal
AUGUST 16, 2016
Chow Now integrated with Google search, Content Check acquires Honest Cooking, Intel to open L.A. virtual reality studio, and more.
socalTECH
AUGUST 17, 2016
Intel CEO Brian Krzanich said on Tuesday that the semiconductor maker will create a new, studio in Hollywood, will will focus on creating 360-degree virtual reality sports and entertainment content, using its technology. According to Krzanich, speaking at an Intel conference in San Francisco, said the new Intel Tech Experience Labs will use its 360 Replay technology as the basis for that virtual reality content.
Startup Professionals Musings
AUGUST 13, 2016
Time is too precious to waste trying to close a deal with the wrong investors at the wrong time. Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table. The key is understanding how potential investors see you, and especially how they view the maturity stage of your startup.
SoCal Tech Calendar
AUGUST 18, 2016
Wednesday, August 24, 2016 -- EvoNexus MarketLink: Huawei. In 2015, Huawei ranked 228th on the Global Fortune 500 based on its revenue which grew by 35% reaching $60.8 billion USD. Huawei Executives are coming to Irvine on August 24-25th as part of the EvoNexus MarketLink Program. Selected companies will have the opportunity to discuss potential business opportunities with Huawei.
L.A. Business Journal
AUGUST 19, 2016
L.A. tech wages rising fastest in the nation, Activision runs Snapchat zombie karaoke lens, and YP hires new CEO.
socalTECH
AUGUST 16, 2016
Los Angeles-based broadcaster and media company Univision has reportedly won the deal for bankrupt online publisher Gawker , and will pay $135M for the company, according to reports on Tuesday afternoon. Gawker had gone up for bankruptcy auction on Tuesday morning, with such Los Angeles companise as J2 Global / Ziff Davis, Univision, and Penske Media all reportedly submitting bids for the Silicon Valley publication.
Startup Professionals Musings
AUGUST 14, 2016
As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. The most common proposals I hear are for yet another social networking site ( over 200 active ), or another dating site (over 2500 in the US alone). Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare.
SoCal Tech Calendar
AUGUST 18, 2016
Wednesday, August 24, 2016 -- Fireside Chat w/Dollar Shave Club CEO Michael Dubin. Join us for our next Startups Uncensored, a fireside chat with Michael Dubin, Founder/CEO of Dollar Shave Club. We'll be celebrating their $1B recent exit, and talking with Michael about his whole journey. See [link].
L.A. Business Journal
AUGUST 17, 2016
Snapchat has agreed to create 396 jobs in the state of New York in exchange for tax breaks totaling up to $5 million from Empire State Development.
socalTECH
AUGUST 15, 2016
San Diego-based Arena Pharmaceuticals announced this morning that it has named Vincent Aurentz as its new Executive Vice President and Chief Business Officer. The developer of small molecule drugs, with potential treatments for ulcerative colitis, Crohn's disease, and pulmonary arterial hypertension, said Aurentz joins from Epirus Biopharmaceuticals, where he was Chief Business Officer.
Startup Professionals Musings
AUGUST 17, 2016
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business.
SoCal Tech Calendar
AUGUST 18, 2016
Wednesday, August 24, 2016 -- 5G: WHAT IS IT AND WHY DO WE NEED IT?and#8203;and#8203;and#8203;and#8203;and#8203; Commnexus. Automobile business mogul Henry Ford is noted as saying, “If I had asked people what they wanted, they would have said faster horses.” The purest sense of original innovation is creating value before customers even see it, or understand it.
L.A. Business Journal
AUGUST 15, 2016
Snapchat to acquire search engine app Vurb for $100 million, three L.A. companies bidding for Gawker Media, FireFly Games Raise $10 million, and more.
socalTECH
AUGUST 17, 2016
Aliso Viejo-based storage networking products developer QLogic is now officially part of Cavium , Cavium said on Tuesday, after the $1.36 billion acquisition of QLogic completed. The two companies had announced the deal in June. QLogic was a maker of high speed networking and storage networking devices; Cavium makes networking semiconductors. The sale of QLogic comes two years after the sudden death of founder and Chairman HK Desai, revenue stumbles , and big executive shuffling at the company.
Xconomy
AUGUST 16, 2016
A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The authors made the point that, given the size of companies today, a single garden-variety blockbuster hardly moves the needle. The increasing need for new drugs is intense.
SoCal Tech Calendar
AUGUST 18, 2016
Wednesday, August 24, 2016 -- The Roadmap to Commercialization: From Market Entry Through Exit Strategy. Tritech SBDC. Why is the right business model critical to your venture start-up’s success? Can a bad value proposition kill your business? How well do you really know your target customer? As a founder, your “Hero’s Journey” will be fraught with numerous obstacles, “uncertainty, fear and doubt”.
L.A. Business Journal
AUGUST 17, 2016
Gwyneth Paltrow’s Goop is moving to Los Angeles, TeleSign Hires new chief executive, and Snapchat plans to expand New York office to 400 employees.
socalTECH
AUGUST 18, 2016
Los Angeles-based mobile broadband provider FreedomPop has begun offering up free, unlimited access to the popular social messaging app WhatsApp , across the U.s. and another 30 countries across the globe. According to FreedomPop, the new service is being provided with the use of a "WhatsApp SIM", which plugs into either an Android or iOS phone. The new SIM also includes up to 200MB of data and 100 voice minutes to each user in addition to the unlimited WhatsApp access.
Xconomy
AUGUST 19, 2016
When the Olympics roll around, many watchers get into a sport they previously hadn’t thought much about. This time for me, it’s volleyball. The men’s and women’s games, both indoor and beach versions, are fast, aggressive, with lightning-quick adjustments and subtle teamwork required every time a ball is dug out and popped in the air.
SoCal Tech Calendar
AUGUST 17, 2016
Tuesday, August 23, 2016 -- LA FinTech Mix Mingle Network. Come mix and mingle with other Financial Technologist's Tues Aug 23. Learn about the newest and fastest changes going on in financial technology. Finance is undergoing a massive change some call the "financial paradigm". Laws from 1930-1940 (old right?) are getting broken down with technological innovation in finance.
L.A. Business Journal
AUGUST 19, 2016
Los Angeles County tech wages are growing faster than the earnings of tech employees in the nation’s other big cities, according to data from the U.S. Bureau of Labor Statistics compiled in a report by downtown real estate investment firm Jones Lang LaSalle Inc.
socalTECH
AUGUST 16, 2016
Venice-based Snapchat is reportedly near a $110M acquisition of mobile search startup Vurb , according to reports. Neither Snapchat nor Vurb have yet confirmed the deal, which apparently has yet to be signed. The original report cited a "person famliar with the deal". READ MORE>>.
Startup Professionals Musings
AUGUST 15, 2016
As an advisor to startups and an angel investor, I encounter many Millennials as entrepreneurs who are leaders and great role-models for the rest of us in business. Unfortunately there are still others who have great ideas and passion, but seem to have a very naĂŻve understanding or acceptance of what it takes to get ahead of the crowd and succeed in business.
SoCal Tech Calendar
AUGUST 16, 2016
Monday, August 22, 2016 -- Los Angeles Advertising Professionals. Mix, mingle, and network with other advertising professionals. Find partners, meet new people, and do deals. See https://www.eventbrite.com/e/los-angeles-advertising-professionals-tickets-26470825953.
L.A. Business Journal
AUGUST 19, 2016
Some card rooms think they are getting a raw deal with a new state stance on third-party banking.
socalTECH
AUGUST 16, 2016
San Diego-based Sorrento Therapeutics said Monday that its subsidiary, Scintilla Pharmaceuticals , ahs acquired cancer pain pharmaceuticals developer Semnur Pharmaceuticals. Sorrento said it will pay $60M, split between $40M in cash and $20M in stock, with additional cash consideration of up to $140M based on development, product approval, and commercial milestones.
Startup Professionals Musings
AUGUST 19, 2016
In my role as an advisory board member for several startups, I’m always excited to see that initial surge of revenue from a great rollout campaign. Unfortunately, many passionate entrepreneurs read this initial surge as success, and charge ahead with more of the same passion, leading to a series of potential pitfalls that can quickly jeopardize the health of the entire business.
SoCal Tech Calendar
AUGUST 15, 2016
Friday, August 19, 2016 -- Design Mornings - Design Thinking for Sustainability. General Assembly. Experience the magic of the design thinking process as we re-design sustainability in LA. You will learn about and practice the different phases of Design Thinking, including: - Inspiration - gaining empathy and understanding the needs and pain points of your customers - Ideation - developing a range of ideas on how to create a solution to meet the needs of your customers - Prototyping - tools and
Xconomy
AUGUST 17, 2016
Histogen, a San Diego-based regenerative medicine company with technology for growing skin cells and related products, said it has raised $6 million from an affiliate of Huapont Life Sciences, a healthcare products company based in Chongqing, China. The $6 million anchors Histogen’s plans to raise as much as $18 million in a Series D financing round, according to Histogen spokeswoman Eileen Brandt.
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