Sat.Aug 31, 2019 - Fri.Sep 06, 2019

Startup Aquacycl Raises $4M To More Efficiently Treat Wastewater


Making beer is a water-intensive process : Along with the water that goes into the product itself, another five to seven gallons of wastewater is produced for every gallon of the good stuff because of cleaning, cooling, and packing during a brew. The leftover grains and unused water, chock-full of sugars and alcohol, is expensive to dispose of properly.

YouTube Creates New $100M Fund For Children's Content Creators


In a move that may have a huge impact on the content creation business in Los Angeles, YouTube said on Wednesday that it has created a new, $100M fund, which it will disburse over the next three years, which will go towards the creation of "thoughtful, original" children's content for YouTube and YouTube Kids. The new fund comes as part of a settlement with the U.S. Federal Trade Commission and the New York Attorney General over its privacy policies for children.

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10 Realities Today Cause Startups To Bypass An IPO

Startup Professionals Musings

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still half the rate back before 2000. Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company.

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SRAX Raises $5.5 Million to Fuel European Expansion

L.A. Business Journal

Advertising technology software firm SRAX Inc. announced Tuesday it will bring its product offerings to Europe, an expansion made possible by the closing of an Aug. 12 equity worth $5.5 million

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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.

Are your chairman and CEO the same person?


Here’s one that targets most any company that has taken investments at any stage, as well as more mature companies. Why would you split the positions? More and more today, shareholder organizations recommend that the positions of chairman and president (or CEO) be split, so there are checks and balances at the board level in the leadership. This recommendation is true for all companies with outside investors who are active and have or seek board representation.

Nexa3D Expands Into Russia


Ventura-based 3D printer maker Nexa3D is continuing to expand out its reseller network, saying this morning that it has added a new partner to help it expand into Russia. According to the company, it has linked with SIU System, a Russian supplier of 3D printers and additive manufacturing solutions that serves Russia and the Commonwealth of Independent States. Nexa3D has been adding a number of resellers in the past month through Europe. Nexa3d is led by CEO Avi Reichental. READ MORE>>.

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Faraday Future Finds New Chief Executive

L.A. Business Journal

The chief executive of Gardena-based electric vehicle developer Faraday and Future Inc. has vacated his post, according to a statement the company made September 3

Preccelerator Workshop: Your Team's Secret Weapon to Outpace the Competition w/ Christine Perakis

SoCal Tech Calendar

Thursday, September 12, 2019 --.

Appetize Links With Quick Service Platforms


Playa Vista-based Appetize , which develops tablet-based point-of-sale (POS) products, said this morning that it has added integration with Quick Server Restaurant (QSR) software and services providers Olo, Punchh, and SynergySuite. According to Appetize, the partners are using the "Appetize API engine", which lets partners integrate their services within its product suite.

8 Keys To Business Success For Entrepreneur Introverts

Startup Professionals Musings

It really is possible for an introvert to succeed as an entrepreneur, even though you can’t expect to start and build a business alone. You need to build business relationships with partners, team members, investors, and of course customers. In fact, all you need to do is follow the model of some famous self-proclaimed introverts , including Elon Musk, Mark Zuckerberg, and Bill Gates.

The 4 Best Fiber Network Solutions for Government Agencies in Southern California

Southern California Edison Blog

Every year, Government agencies face an increased risk of becoming victim to a cyber-attack. According to the Identity Theft Resource Center, US Government agencies suffered 1108 data breaches between 2005 and 2018 1. With confidential and financial records at risk of being exposed, it is crucial to state, local, and federal Governmental organizations to adopt a reliable and secure fiber network solution to decrease this risk of a cyber attack.

Caltech Entrepreneurs Forum - Microbiome

SoCal Tech Calendar

Thursday, September 12, 2019 -- Caltech Entrepreneurs Forum - Microbiome. This event will explore many fascinating and potentially life-saving developments in the Microbiome field. Keynoting will be Professor Sarkis Mazmanian of Caltech's Division of Biology and Biological Engineering. See [link] (more

Startup Boost Los Angeles Opens Apps For Fall Class


Startup Boost Los Angeles has opened up applications for its Fall 2019 class, according to the group. The programs--which does not charge fees or take equity from companies in its program--says it is seeking nine early stage startups to take part in its eight-week program, designed to help early stage startups. Startup Boost Los Angeles says its program includes six weekly workshop sessions and one demo night hosted by Google, in Venice. Deadlines for the program close on September 20th.

Real Entrepreneurs Must Make Good Decisions Quickly

Startup Professionals Musings

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. Why is it that his idea which seemed so fundable only months ago fails to attract investors today? The team is the same. The company's market is the same. The only change might be a visible new competitor, or another economy downturn, resulting in investors holding their money, and that makes all the difference.

Bio Roundup: MedCo’s Pricing Plan, Vertex’s Gamble, uBiome Undone


Being first to market with a new type of drug brings advantages. The first mover sets the bar for what physicians, payers, and patients can expect of that medicine and how much it costs. It grabs market share that followers have to steal away. But the first mover isn’t infallible if someone else has something better. That’s something the The Medicines Co. is counting on.

NASA JPL Spinout SeekOps Gets Funding For Gas Detection Via Drone


SeekOps , a developer of drone-based sensor systems to locate natural gas emissions that was spun out of NASA's JPL Laboratories in Pasadena, has raised funding in a Series A-1 round, the company said on Friday. The company said the investment came from the OGCI Climate Investments fund (OCGI CI), and Equinor Technology Ventures (ETV), the venture arm of Norwegian multinational energy company Equinor. Financial details of the investment were not announced.

Ingram Micro To Distribute Microsoft HoloLens 2


Irvine-based technology distributor Ingram Micro says it has been authorized to market, sell, and support Microsoft's new virtual reality product, the Microsoft HoloLens 2. According to Ingram Micro, the distribution deal will allow its channel partners to access Microsoft's mixed reality products. The company says it has been recently expanding its focus on "advanced solutions" and Internet-of-Things (IoT) products. Adds New International Shipping Services


El Segundo-based online postage provider said late Thursday that it has launched a new, international shipping service with GlobalPost, which will help ease its customer's uncertainty about possible international shipping disruptions due to the possibility of the United States leaving the Universal Postal Union (UPU).

Sonos Rolls Out Outdoor, Battery Powered Speaker


Santa Barbara-based Sonos , the developer of user-friendly, whole home speakers, has rolled out its first outdoor speaker, a battery powered speaker called the Sonos Move. Sonos said the new portable speaker, which costs $399, will be available globally starting September 24th. According to Sonos, the new speaker is rated for falls, bumps, rain and moisture, dust and dirt, UV and extreme temperatures and features a rating of IP56.

Blackline, Workiva Team On Data Integration


Los Angeles-based accounting automation software developer Blackline , and reporting and compliance software developer Workiva , said on Wednesday that the two companies have integrated their platforms. The two said the deal lets their joint customers connect and transfer data between their two platforms. The two said that many of their customers use Blackline for automating balance sheet reconciliation and other processes, and then use Workiva for reporting and compliance efforts. READ MORE>>.

Jam City Adds Quidditch To Harry Potter Mobile Game


Los Angeles-based mobile games developer Jam City , the developer of the popular Harry Potter: Hogwarts Mystery mobile game, says it is adding a new feature to the game focused on the fictional sport of "Quidditch". According to Jam City, it will now let fans play the game of Quidditch in the game, as part of the ongoing adventures of the game. Quidditch is from the popular series of Harry Potter books and movies, and involves flying around on broomsticks.

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Video Interview: Richard Wolpert, Venture Capital and Angel Investor


Today's video interview is with Richard Wolpert , a well known Southern California venture capital and angel investor. Richard previously was the CSO Real Networks & former President, Disney Online, and is also Venture Partner at Amplify.LA. Richard is also author of The Soul of A Deal: Making Deals in the Digital Age , where he talks about deal negotations, and where he shares lessons from J.J.Abrams, Deepak Chopra, Peter Guber, Reid Hoffman, and Penn Jillette. READ MORE>>.

DTS Gets Design Win With Philips


Calabasas-based DTS , the developer of surround sound and other audio processing technology, has scored a win with TPV Technology Limited , the manufacturer of Philips branded TVs and speakers. According to DTS, TPV Technoloogy has licensed its DTS Play-fi whole-home wireless audio technology. The companies said that TPV will integrate DTS Play-Fi technology into its televisions, sound bars, and speakers for sale under the Philips brand in Europe, China, Russia, Latin America, and Asia Pacific.

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Faraday Future Names New CEO


Los Angeles-based electric car maker Faraday Future said this morning that it has named a new CEO, and has named Dr. Carsten Breitfeld to head up the company, with founder and CEo YT Jia becoming Chief Product & User Officer (CPUO). Dr. Breitfeld spent 20 years at BMW, and previously led BMW's i8 vehicle program as Group Vice President, in addition to co-foundering and serving as Chairman and CEO of BYTON.

Teledyne Buys MEMS Foundry Micralyne


Thousand Oaks-based Teledyne Technologies announced this morning that it has acquired Canadian MEMs foundry Micralyne. Financial terms of the acquisition were not annoucned. Micralyne was based in Edmonton, Alberta, and is a foundry that produces Micro Electro Mechanical Systems (MEMS) devices, including microfluidic technoogy for biotech applications. Teledyne said that Micralyne also has capabilities in non-silicon-based MEMS (e.g. gold, polymers) often required for human body compatibility.

How Startups Can Figure Out Sales: Amos Schwartzfarb, TechStars


Our interview today is with Amos Schwartzfarb , the author of Sell More Faster: The Ultimate Sales Playbook for Start-Ups , which comes out tomorrow, Wednesday. Schwartzfarb is currently Managing Director of Techstars Austin, but spent a significant time in the Los Angeles technology community working with Jake Winebaum at

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Report: Ring Working On Facial Recognition, Despite Denials


A new report says that Los Angeles-based Ring The report , from Buzzfeed, claims that Ring has a group of researchers in the Ukraine, including a "head of face recognition research", despite its long public stance that it does not use facial recognition technology. Ring--which is owned by Amazon--has drawn criticism for cozying up to law enforcement and making it easy for departments to gain access to Ring camera footage, even without a warrant. READ MORE>>.

Verimatrix Sells Silicon IP Business To Rambus


San Diego-based Verimatrix , which develops security software for set-top box makers and others, has sold one of its business units--its Silicon IP and Secure Protocols business--to Rambus , in a deal worth $65M in cash. According to Verimatrix, the move will help it become a "pure player" in software. Verimatrix said its SIP business unit generates $22M in revenues.

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SpaceX Starlink Satellite Has Near Miss


One of the SpaceX high speed, Starlink communications satellites nearly ran over a European Space Agency (ESA) satellite on Monday, and only avoided disaster after the ESA performed a "collision avoidance maneuver" to steer out of the way of one of those Starlink satellites, the ESA said today. The ESA said this is the first time it has had to initiate those maneuvers.

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Ares Management Backs 200MW Wind Project For Facebook


Los Angeles-based private equity investor Ares Management said this morning that its Infrastructure and power strategy and Apex Clean Energy funds are backing a 200MW renewable wind power project in Texas, which will go to power operations for Facebook. Financial details of the deal were not announced.

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J2 Global Names Cloud Services Head


Los Angeles-based J2 Global has named Nate Simmons as the President of one of its major business divisions, its Cloud Services division, reporting to CEO Vivek Shah, the company announced this morning. Simmons was previously SVP and COO of Symantec's consumer division, including both its Norton and Lifelock Brands. Simmons also served at Time Inc. and McKinsey & Company.

10 Keys To Making Money By Investing In Entrepreneurs

Startup Professionals Musings

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. First of all, it’s more of an investment in people than in a business, since the startup is usually an idea barely half-baked when they need your money. Secondly, the risk is very high, since as many as 90 percent of startups fail within a few years.