Sat.Jun 25, 2022 - Fri.Jul 01, 2022

Leadership: Sell the dream while making the reality.

Berkonomics

As a leader, you set the goals, establish the strategies and tactics to get there (with help from others of course) and sell the dream to all your stakeholders. And that includes potential customers as well as executives and employees. Can unmanaged growth ever happen?

Should You Negotiate Ownership Options In A Startup?

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?”

CTO 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Atlas Navi: The First AI Navigation App

StartUp Beat

Rising traffic is an inescapable condition in cities across the world, from Los Angeles to Tokyo. Peak-hour traffic congestion is an inherent result of the way modern societies operate. Every person hates this congestion, and it keeps getting worse, in […].

Boosted Commerce Names New CFO

socalTECH

Los Angeles-based consumer e-commerce company Boosted Commerce announced this week that it has named Martin Dunstheimer, the former Chief Financial Officer of TOMS, as its new CFO. According to Boosted Commerce, Dunstheimer has previously served at such companies as GE, NBC, Lucky Brand Jeans, 7 For All Mankind, and BCBG. Boosted Commerce has raised $380M in capital and its owns such brands as FoxyBae, Luna, and Asterwood Naturals. boosted commerce toms executive martin dunstheimer

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.

5 Unfair Advantages To Help You Succeed In Business

Startup Professionals Musings

One of the things I’ve learned over my years as a business mentor and investor is that life isn’t fair when it comes to succeeding in business.

Help 101

10 Indications That It’s Time To Ask For Help At Work

Startup Professionals Musings

If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing.

Help 101

More Trending

10 Questions To Ask Yourself Before Every New Venture

Startup Professionals Musings

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. You shouldn’t be making this decision just because you are mad at your boss, or you would like to be rich, or someone else thinks you have a good idea.

WELL Health Names New Execs

socalTECH

Santa Barbara-based patient communications and digital health company Well Health said today that it has named two VPs. According to the company, it has appointed JP Knapp as VP of Sales and Justin Widlund as General Counsel. Knapp was most recently at Vocera Communications, and will be based in Charlotte N.C. Widlund previously worked at Freshworks, Microsoft, Apigee (acquired by Google), and NetSuite (acquired by Oracle), and is based in Seattle.

Oracle 109

SPAC Abandons Effort To Take Telesign Public

socalTECH

Los Angeles-based Telesign and New York-based SPAC North Atlantic Acquisition Corporation have abandoned their efforts to take Telesign public via NACC. According to NACC, its business combination agreement with Telesign "has terminated, effective immediately" and that it has cancelled its special meeting of stockholders to approve the transaction, and will "seek an alternative business combination."

Rocket Lab: NASA Satellite On The Way To Moon

socalTECH

Long Beach-based Rocket Lab USA says its mission to put a cubesat into space in orbit around the Moon is getting closer, and has now reached an apogee of 43,297 miles (69,680 km) from earth. According to the company, it successfully completed a sixth on-orbit burn of its engines, and now only has one burn left to put NASA's CAPSTONE experiment on a ballistic transfer trajectory to the moon. The company said the maneuver is expected to take place as early as July 4th.

HomeLister Picks Up $10M In Series A

socalTECH

Santa Monica-based HomeLister, an online home selling automation startup, said it has raised $10M in a Series A funding. According to the company its services automate the sale process and reduces the costs of sell-side agents when people sell their own home. The company said the Series A funding was led by M13 and Homebrew. HomeLister was founded by CEO Lindsay McLean and General Counsel Jennifer Stein.

Vivera Pharmaceuticals Names Interim CTO

socalTECH

NewportBeach-based Vivera Pharmaceuticals said this morning that it has named Guido Jouret, Ph.D., as its Senior Technology Advisor and Interim Chief Technology Officer. Jouret has served as Chief Development Officer of Plume, Chief Digital Officer at Swiss automation firm ABB, in addition to serving at Cisco Systems, Envision Energy, and Nokia Technologies. The company said that Jouret will focus on ZICOH, a smart dose-controlled electronic medical device.

CTO 109

Regard Gets $15.3M For AI Medical Diagnosis

socalTECH

Los Angeles-based Regard, a company developing artificial intelligence software to help physicians with diagnosis of medical conditions, has raised $15.3M in its Series A funding roudn. The funding was led by Calibrate Ventures and Foundry Group, and also included existing investors TenOneTen Ventures and Susa Ventures, as well as new investors Brook Byers of Byers Capital and Drew Houston. The company said the new investment will go to grow its team.

Report: Activision Blizzard Buying Game Studio Proletariat

socalTECH

Santa Monica-based Activision is in the midst of acquiring Proletariat, the game studio behind the game Spellbreak, according to reports. Financial details of the deal were not announced, and the deal has not yet been formally announced. Proletariat is based in Boston. spellbreak proletariat activision bilzzard merger acquisition videogame

StyleScan Snags $1M For Virtual Dressing Rooms

socalTECH

Los Angeles-based StyleScan, a developer of technology which allows people to try on clothing virtually, has raised $1M in a seed funding, the company said today. The company said the new funding brings its total seed funding to $3M. The funding was led by Clearbrook Capital. The company was founded by CEo Larissa Posner. According to the StyleScan, its technology allows users to preview garments on models with a wide range of body shapes, sizes and skin-tones.

Viasat Shuffles CEO

socalTECH

Carlsbad-based satellite connectivity provider Viasat said this morning that it its co-founder and Executive Chairman, Mark Dankberg, will return as Chairman and CEO of the company. The company said its current President and CEO, Rick Baldridge, will shift to become Vice Chairman of the company. According to the company, Baldridge will focus on the remaining steps to closing the Inmarsat acquisition. Dankberg co-founded Viasat in 1986. viasat chairman mark dankberg executive inmarsat

AEG Names Chief Information Officer

socalTECH

Los Angeles-based AEG, the company behind Crypto.com Arena, L.A. LIVE, the LA Kings, LA Galaxy and other entertainment properties, says it has named David Jones as Chief Information Officer of the company. The new position will put Jones in charge of the company's technology strategy and solutions. Jones was previously CIO for AEG Europe, and is based in London. executive entertainment lakings lagalaxy galaxy kings

CIO 109

Clearlake Portfolio Firm Makes Acquisition

socalTECH

Santa Monica-based private equity investor Clearlake Capital Group said today that one of its portfolio companies, FloWorks International, has acquired netMercury. FloWorks is a provider of specialty flow control distribution products; netMercury provides parts and services to the integrated circuit fabrication and technology industry. Financial terms of the acquisition were not announced.

Snapchat Launches New, Paid, Feature Called Snapchat Plus

socalTECH

Los Angeles-based Snapchat says it has released a new set of experimental, pre-release, and "exclusive" new features for its users, which it is selling for $3.99 a month to users in the United States, Canada, the United Kingdom, France, Germany, Australia, New Zealand, Saudi Arabia, and the United Arab Emirates. The company said the features are aimed at its "most passionate" members of its community. socialmedia media social features plus snapchat

MaxLinear Crosses Hurdle in Silicon Motion Acquisition

socalTECH

Carlsbad-based MaxLinear said on Tuesday that it the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, clearing the company's proposed acquisition of Silicon Motion. MaxLinear said it will pay $93.54 in cash and 0.388 shares of its common stock for each American Depositary Share (ADS) of Silicon Motion Technology Corporation, and $23.385 in cash and 0.097 shares of MaxLinear common stock for ordinary shares.

EDF Renewables North America Signs Deal In Missouri

socalTECH

San Diego-based renewable energy developer EDF Renewables North America said on Monday that it has reached a deal with Ameren Missouri, where Ameren Missouri will acquire a 200 megawatt (MWac) / 270 MWdc solar development in Missouri which it is developing. Financial details of the deal were not announced.

Virgin Orbit Signs Deal To Launch Joint US/UK Defense Payload

socalTECH

Long Beach-based space launch provider Virgin Orbit announced this morning that it has signed a deal to launch a joint U.K. and U.S. defense mission. According to the company, the joint mission between the United Kingdom's Ministry of Defence (MOD) and the United States' National Reconnaissance Office (NRO) will take place out of Newquay Airport in Cornwall, England later this year. The company is hoping to make it the first rocket launch from British soil.

Backstage Capital Axes Employees, Pauses Investments

socalTECH

Los Angeles-based Backstage Capital has laid off nine employees, and is pausing new investments. The firm's founder, Arlan Hamilton, announced the layoffs and pause in investments on a podcast on Sunday. The fund had been aimed at funding underrepresented startup founders. Unusually, the venture fund also had been attempting to crowdraise a new fund from general investors. backstage capital layoffs venture

CoreLogic Names New CEO

socalTECH

Irvine-based CoreLogic has named a new President and CEO, the company said today. According to the company, it appointed Patrick Dodd to the position in January. Dodd was previusly the company's Chief Operating and Growth Officer. CoreLogic is a provider of real estate property information, including details on mortgages, consumer credit, tenancy, location, hazard risk and related information. corelogic executive patrick dodd

Virgin Orbit Eyes New Launch On June 29th

socalTECH

Long Beach-based space launch systems developer Virgin Orbit says it is targeting a launch on June 29th from Mojave Air and Space Port, to send a payload into space for the US Department of Defense. According to Virgin Orbit, the new launch is for tghe United States Space Force's STP-S28A mission and will carry payloads for the Department of Defense (DOD) Space Test Program (STP).

Phonexa Names CTO

socalTECH

Glendale-based marketing automation software developer Phonexa announced this morning that it has promoted Alexey Sidora to the position of Chief Technology Officer. Phonexa said Sidora has been "instrumental" in the development of all of its products, and has been at the company since 2015, when he started as a PHP developer. He was most recently Director of Engineering at the company. Phonexa provides marketing automation software for tracking calls, leads, clicks, email, SMS, and more.

CTO 109

Rocket Lab Launches NASA CAPSTONE Spacecraft

socalTECH

Long Beach-based Rocket Lab, which provides space launch services for cube satellites, said today that it has successfully launched a mission for NASA. According to Rocket Lab, it succesfully launched CAPSTONE, a microwave-oven-sized satellite, into space from its launch complex in New Zealand. NASA's CAPSTONE is intended to test a new orbit around the moon for NASA, in preparation for future, moon missions.

Rivian Launches Fast Charging Network

socalTECH

Irvine-based electric car manufacturer Rivian says it is launching its own network of fast chargers, with the first deployment of what it is calling the "Rivian Adventure Network". According to Rivian, it is launching Level 3 DC fast charging sites for Rivian drivers, starting with sites in Salida, Colorado; Inkoyern, California; and Bishop, California. Rivian says the charging sites will provide as much as 140 miles of range in 20 minutes of charging.

BiasSync Launches New Workplace Happiness Tool

socalTECH

Los Angeles-based BiasSync said this morning that it has launched a new workplace happiness tool, which it says measures key factors driving employee turnover risk. Pricing on the new tool was not announced. The company said its new BiasSync Workplace Happiness Index provides insights into metrics so companies can identify turnover risks, and was designed by organizational behavior Ph.D.s. BiasSync is led by co-founder and CEO Michele Ruiz.

Tool 100

MaC Venture Capital Raises $203M In Second Fund

socalTECH

Los Angeles-based MaC Venture Capital, a majority Black-owned venture capital firm, has raised $203M in its second fund, the fund said today. According to MaC Venture Capital, its Fund II nearly doubled its original seed-stage fund, which was worth $110M. MaC Venture Capital was founded by Marlon Nichols; former Washington, D.C. Mayor Adrian Fenty; former William Morris Agency talent agent and operator, advisor, and investor Michael Palank; and MACRO founder and CEO Charles D.